City of Calgary, July 2, 2021 –

Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month.

“It is taking time for supply to catch up with the demand in the market,” said CREB® chief economist Ann-Marie Lurie.

“Through the early spring market, many buyers did not have a lot of choice, but the recent improvements in supply are providing more options for those purchasers and supporting the strong sales we continue to see in June. At the same time, gains in inventory are taking some pressure off the market as it starts to trend towards more balanced conditions.”

New listings in June totalled 4,135, the second-highest level ever recorded for the month. This caused inventories…

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Minas Hambardzumyan (WELCOME BACK) - MaxWell Progressive
Tia MacKenzie - MaxWell Progressive
Kathryn Beaumont - MaxWell Polaris
Krunal Solanki - MaxWell Capital Realty
William (Will) Hoes - MaxWell Canyon Creek
Alicia Balawyder - MaxWell Realty Invermere
Ashley Hawes - MaxWell Capital Realty
Line Zuniga - MaxWell Capital Realty
Akash Mehta - MaxWell Polaris
Shehla Khawaja - MaxWell Polaris

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Amazing new price for this gorgeous acreage! 308 Mustang Lane SE, Airdrie in Yankee Valley Estates View all of the pictures and details of this home by visiting: https://www.youtube.com/watch?v=nLyUKTGE9do&feature=youtu.be $939,900 MLS A1090838 Beautiful acreage right in Airdrie! 2 Acres, 2300 sq ft up + fully developed basement + a swim spa 3+1 bedrooms, bonus room, flex area on the man floor 3.5 bathrooms Call/text Yasin @ 403-681-0319 for more info or to book your showing This gorgeous fully developed 2 storey home w/ triple car heated garage sits on 2 acres within the city of Airdrie in the lovely community of Yankee Valley Estates. Enjoy mountain views on this beautiful property! The main floor features…

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Lake View Lot For Sale | Lac Sante

Lac Sante Shores Subdivision is located on the west side of Lac Sante with under 40, one acre lots, services are at the property line, choose your own builder. This Is A Luxurious & Prestigious Community with an abundant amount of lots showcasing already built gorgeous homes!

 

Lac Sante is one of Alberta's Best Kept Secrets!! Only 1.5 hours east of Edmonton located between Two Hills and St. Paul - Gorgeous lake, pristine beaches and 2 boat launches. The lake is spring fed and 10.4 km in length, 3.9 km wide, mean depth is 9 meters and with a maximum depth of 27 meters.

The lot being offered for sale is just under 1 acre, one of the highest lots in the subdivision with a Spectacular View of the Lake and less…

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A huge congratulations to our seller on this beautiful acreage! Now on to new adventures for their family. Thank you for the trust you placed in our team!


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There are two trends impacting real estate photography that you should know
about if you’re thinking of selling this year.


First, more than ever before, buyers are relying on pictures to decide whether
or not to schedule a viewing. They expect to be able to go online and “tour”
your home via photography. If they don’t form a good impression of your
home from the pictures, they may quickly lose interest in your listing.


Second, everyone is a photographer these days! Most people have phones
with cameras, and many think they can take a decent picture.


Unfortunately, taking a “decent picture” isn’t good enough.
Your listing photos need to accomplish a lot. They must:
- give buyers the information they need: room sizes, layout, views,
property details,…

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Brace For Even Higher Rates When The Bank of Canada Does Start Raising

Interest rates expected to climb above the previous peak for the first time in decades amid robust recovery

TORONTO — With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022, will result in interest rates climbing above the previous peak for the first time in decades.

In four major tightening cycles since the early 1990s, the Bank of Canada’s key interest rate has peaked at a level that was lower than the preceding endpoint.

But that could change in the next cycle, as historic levels of government spending globally raise prospects of an economic recovery from the COVID-19…

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Alberta Lose Residents to Other Parts of Canada

Rob Roach, ATB Economics | June 17, 2021


For the fourth quarter in a row, more people left Alberta for other parts of Canada than arrived from elsewhere in the country.

According to the latest population data from Statistics Canada, Alberta lost 3,384 people to other provinces and territories over the first three months of 2021. The net loss since the second quarter of 2020 comes to 7,633.

People move around the country for a wide range of reasons, but Alberta tends to be a net recipient when our economy is thriving and vice versa. Alberta’s economy was the hardest hit among the provinces last year and the unemployment rate was…

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