RECENT BLOG ARTICLES

SEPTEMBER 2022 MARKET UPDATE

Posted on Sep 01, 2022 in Market Updates



Supply levels ease with fewer new listings in August - August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

While sales have remained relatively strong, there continues to be a shift towards more affordable options as the year-over-year pullback in detached sales was nearly match...

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MOVING TOWARD NET ZERO HOMES

Posted on Aug 31, 2022 in Real Estate News



WHAT IS NET ZERO?


Net Zero [noun]
net-ze·ro | \ ˈnet-ˈzē-(ˌ)rō

:: A target of completely negating the amount of greenhouse gasses produced by human activity, to be achieved by reducing emissions and implementing methods of absorbing emissions (like excess carbon dioxide) from the atmosphere.

CALGARY’S GOAL: NET ZERO BY 2050

In November 2021, Calgary de...

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CALGARY Q2 2022 MARKET UPDATE

Posted on Aug 16, 2022 in Market Updates



CREB, August 2022 –
Within the city of Calgary, housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record-high pace set in the first quarter of the year.

“This doesn’t come as a surprise as consumers were eager to get into the market ahead of rate gains while they still had low pre-app...

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WHAT RISING INTEREST RATES MEAN FOR YOU

Posted on Aug 05, 2022 in Real Estate News



If you follow the housing or economic markets, or if you are affected personally by the recent interest rate hike, you've heard the Bank of Canada raised its key lending rate by a full 1% or 100 basis points last month. While most experts predicted a 0.75% increase, the 1% jump shocked many.

The bank made the biggest one-time increase to the benchma...

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AUGUST 2022 MARKET UPDATE

Posted on Aug 02, 2022 in Market Updates



Detached home sales decline as apartment condominium sales rise - 
Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total resident...

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THE DEBATE ON FIXED VS VARIABLE RATES

Posted on Jul 18, 2022 in For Buyers



Prospective home buyers must make many decisions while shopping for a home. What neighbourhood to live in? How many bedrooms? How much should they spend? However, one of the most important yet overlooked decisions is what kind of interest rate to get: fixed or variable?

Most homebuyers are not overly familiar with mortgage lingo or the differences b...

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#101, 320 23 Ave SW  Calgary,  Alberta  T2S 0J2 

Phone: 403-800-0760

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