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Latest Creb Condo News - February 2024

  LATEST CONDO NEWS - CREB FEBRUARY 2024 Row Like other property types, new listings and sales rose in January over levels reported last month and last year. However, with 322 new listings and 297 sales, the sales to new listings ratio remained exceptionally high at 92 per cent. This contributed to further reductions in inventory levels, and the months of supply once again fell below one month. Limited supply and strong demand contributed to a rise in prices. In January, the unadjusted benchmark price reached $426,400, up over last month and nearly 20 per cent higher than levels reported in January 2023. While year-over-year prices are higher in every district, the West and City Centre districts saw unadjusted benchmark prices ease slightly over December. Apartment Condominium Apartment-style properties continued to see the most significant gain in sales activity, rising to 488 sales in January, a year-over-year increase of 54 per cent. This was possible thanks to the growth in new lis
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CONDO STATISTICS DECEMBER 2023- CREB

  LATEST CREB CONDO NEWS - DECEMBER 1 2023 Apartment Condominium - CREB DEC 1 2023 Thanks to the relative affordability of the apartment-style homes, sales continued to reach record highs in November, contributing to year-to-date sales of 7,487. With one month left in the year, sales have already surpassed last year’s record high. This, in part, was possible thanks to the growth in new listings. While inventory levels are similar to levels reported last year, with less than two months of supply, conditions still favour the seller, placing further upward pressure on prices.  The unadjusted November benchmark price reached $320,100 in November, a monthly gain of over one per cent and a year-over-year increase of 18 per cent. Year-to-date price gains have occurred across every district in the city, with some of the largest gains arising in the lower-priced North East and East districts. ALL CALGARY CONDOS FOR SALE

CREB NEWS DEC 1 2023

CREB STATISTICS DEC 1 2023 Increased listings, strong sales, and price growth City of Calgary, Dec. 1, 2023 –  New listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across most price ranges, but the most significant gains occurred from homes priced over $600,000. Despite the year-over-year jump in new listings, inventory levels remained low thanks to relatively strong sales. With 1,787 sales in November, the sales to new listings ratio remained high at 80 per cent, and the months of supply remained below two months. “Like other large cities, new listings have been increasing,” said CREB ®  Chief Economist Ann-Marie Lurie. “However, in Calgary, the gains have not been enough to change the low inventory situation thanks to strong demand. Our market continues to favour the seller, driving further price growth.” As of November, the benchmark price was $572,700, up over last m

Sierra Springs Airdrie Shopping Centre

SIERRA SPRINGS AIRDRIE SHOPPING CENTRE Stewart J Lowe takes you on a quick trop around the  Airdrie Shopping Centre - Sierra Springs. AIRDRIE HOMES FOR SALE

Divorce Mortgages

 DIVORCE MORTAGES | How to get help with your mortgage when you are going through a divorce. Stewart J Lowe (CLHMS)  Licensed Realtor talks to Assad Naeem Mortgage Specialist from the Bank of Montreal about getting the benefit of your current mortgage in a divorce split. CALGARYDREAMHOMES.COM STEWART J LOWE 403-850-0669 ASSAD NAEEM 647-936-9383 info@calgarydreamhomes.com

Variable Vs Fixed Mortgages Video

VARIABLE Vs FIXED MORTGAGES  Licensed Realtor Stu Lowe talks to Assad Naeem BMO Mortgage Specialist about the difference in today's market. CALGARY DREAM HOMES BMO MORTGAGE PROGRAMS

Self Employed Mortgages

 SELF EMPLOYED MORTGAGES Licensed Realtor Stu Lowe talks to Assad Naeem from BMO and explains why you need to think ahead and what you need from the taxman. CALGARY DREAM HOMES BMO MORTGAGE PROGRAMS