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.



We have sold a property at #302 - 934 2 Avenue NW in Calgary.
First-time buyers or investors will love this condo! Steps to the Sunnyside LRT Station and everything Kensington has to offer, this top-floor corner unit checks a lot of boxes. The main living space shows big with gleaming laminate floors and natural light. Patio doors lead to the balcony – relax and enjoy the views of McHugh Bluff! A galley style kitchen is equipped with stainless appliances, granite counters and lots of cabinets. Bright, spacious bedroom has good closet space and cozy carpeting. Stacking in-suite laundry and 4-piece bath complete the space. Situated in a well-managed concrete building, steps to Vendome – this condo apartment will not disappoint!
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We have sold a property at #602 - 408 31 Avenue NW in Calgary.
The owner said SELL – After 24 years, the time has come to sell this lovingly, well cared for townhouse condominium and move into something a little smaller. Soaring 14-foot cathedral ceilings, in-floor heating, spacious rooms, 2-bedrooms, 2 full bathrooms, spacious and private balcony, a centrally located gas fireplace, and an ATTACHED, single-car garage (with in-floor heating) are the notable features of this 1,160 square foot townhome (builder size 1,451 sq. ft.). Located on the quiet side of the "Summerfields" townhouse complex along 2nd Street, this unit has a fantastic open layout, and the above grade living space must be one of the largest available in this 51-unit complex. A maintenance-free lifestyle with HEAT, WATER, and GAS included in the reasonable condo fees. Pets are allowed with board approval. Summerfields is one of the most beautifully maintained complexes in the desirable community...
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We have listed a new property at 235 3111 34 AVENUE NW in Calgary.
MOVE-IN READY. Located on the quiet side of the building, this BRIGHT and OPEN 2nd-floor, 1-bedroom, 1-bathroom condo has to be the largest studio apartment in the complex at almost 600 sq. ft. (builder's size: 635 sq. ft.) Clean as a whistle, bright and Priced to Sell: Arguably the best value today! IDEAL LOCATION: close access to the University of Calgary & Research Park, Foothills & Alberta Children's Hospitals, Brentwood & Market Malls and only minutes to SAIT or downtown via either University or Brentwood LRT stations. This condo is only a 7-minute walk to the University of Calgary – it's right across the road and is ideally suited for someone not wanting the hassle nor expense of a tiny, shared student residence or a tiny condo in a high-rise building. And, it's also ideal for an executive working in the area or downtown. Open-plan kitchen with stunning features: gorgeous, red-stained maple cabinetry,...
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Inventory rises, but sellers' market conditions persist

City of Calgary, June 1, 2021 —

With 2,989 sales, housing market activity hit a new May record for the number of sales.

Despite strong levels of sales, they did trend down relative to last month. Additionally, there were 4,562 new listings, causing seasonally adjusted inventory levels to increase over last month.

"The recent gains in prices have encouraged more homeowners to list their homes and take advantage of the current market situation," said CREB® chief economist Ann-Marie Lurie.

"However, the inventory gains are still not enough to offset the demand growth and the market continues to favour the seller. Prices are rising [slighly], but they are still recovering in our market from previous highs in 2014. Only detached and semi-detached home prices in certain districts and communities have recovered to the level of previous monthly highs."

The months of supply did trend up slightly this month to just over two months [an...

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