Well, the month of June was definitely a better month than the previous three months.  The total sales within Calgary was 1,747 units.  The monthly sales activity was nearly 2% lower than activity in 2019, however it was a huge improvement compared to the declines over 40%.  The new listings were 3,335 or a 6% increase over June 2019. 

41 Views, 0 Comments

Read Full Post

The Canada flag is an international symbol of Canada and embodies all the reasons we enjoy to be proud Canadians. Lester B. Pearson, a former Canadian Prime Minister, had a goal. That goal was to abandon the British flag and take on one of our own. After a long six month battle in the House of Parliament, the Canadian flag was passed on December 15, 1964. This was 97 years after Canada first became a nation. The red bands on each side of the flag represent our ocean boundaries, and the red maple leaf in the middle could stand for our abundant natural resources between the seas. The flag is red on white as opposed to blue on white because the old symbol, the British flag, was blue. The flag was subsequently…

66 Views, 0 Comments

Read Full Post

Well, 2018 has almost come and gone.  For many, it has been a difficult year.  In the real estate industry we have seen challenging markets before, but this cycle is undoubtedly a difficult one for us all.  Realistically, I feel that we are still on the downside of the market and the indicators are that we are in for another challenging year with a projected further decline of 1% - 2% in prices into 2019. 

I look at this as an opportunity for two important sectors of clients – first time buyersand investors.  For buyers, 2018 was an extremely difficult year with new mortgage rules that resulted in the largest amount of collapsed deals I’ve seen in my 20+ year career.  Despite this, the buyers within our Calgary market continue to understand that we are…

3587 Views, 0 Comments

Read Full Post