A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

Please visit our Open House at 118 Aspen Hills DR SW in Calgary.
Open House on Saturday, November 25, 2017 2:00PM - 4:30PM

This stylish 2-storey family home boasting almost 2,000 sq ft above grade has lots to offer: AIR CONDITIONING, OPEN CONCEPT and HARDWOOD throughout the main floor. Featuring a SPACIOUS GOURMET KITCHEN with GRANITE COUNTERS, UPGRADED STAINLESS STEEL APPLIANCES and CENTRAL EATING BAR, GREAT ROOM, mud/laundry room, WALK-THRU PANTRY, dining/nook area with patio doors to the elevated rear deck. Three bedrooms up include a relaxing master suite with WALK-IN CLOSET, SOAKER TUB, dual vanity sinks and separate shower. A sunny, bonus room is the ideal family spot. The basement is untouched, has high ceilings, a great layout with roughed-in plumbing and mechanical systems to one side - awaiting your custom finishing to add value. Outside, you’ll find the fully-fenced yard with a paving stone patio and a raised garden for flowers or vegetables. The 2-car garage...

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Please visit our Open House at 118 Aspen Hills DR SW in Calgary.
Open House on Saturday, November 18, 2017 2:00PM - 4:30PM

This stylish 2-storey family home boasting almost 2,000 sq ft above grade has lots to offer: AIR CONDITIONING, OPEN CONCEPT and HARDWOOD throughout the main floor. Featuring a SPACIOUS GOURMET KITCHEN with GRANITE COUNTERS, UPGRADED STAINLESS STEEL APPLIANCES and CENTRAL EATING BAR, GREAT ROOM, mud/laundry room, WALK-THRU PANTRY, dining/nook area with patio doors to the elevated rear deck. Three bedrooms up include a relaxing master suite with WALK-IN CLOSET, SOAKER TUB, dual vanity sinks and separate shower. A sunny, bonus room is the ideal family spot. The basement is untouched, has high ceilings, a great layout with roughed-in plumbing and mechanical systems to one side - awaiting your custom finishing to add value. Outside, you’ll find the fully-fenced yard with a paving stone patio and a raised garden for flowers or vegetables. The 2-car garage...

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Prices remain similar to last year, but ease in October

October's housing market conditions closely echoed previous month's trends with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.

 

October sales and inventories totaled 1,467 and 6,463 units for a month of supply of 4.4. Several months of elevated supply in comparison to demand has weighed on pricing over the past several months. The city-wide unadjusted benchmark price in October totaled $438,900, 0.6 percent below last month, but comparable to last year.

 

"While economic activity has improved in 2017, it will take some time for this to translate into housing market growth. There have been employment gains, but most of this has occurred in areas with traditionally lower income," said CREB® chief economist Ann-Marie Lurie.

 

"We also continue to face weak migration, higher lending rates and changes...

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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