May 2022 Calgary Real Estate Statistics Recap

We're all watching the news, increasing interest rates, gas prices are through the roof, inflation is at all time highs, and there seems to be no end in sight, what does this meanMAY 2022 REAL ESTATE CALGARY for buyers and sellers looking to make a move in the Calgary real estate market? First off and foremost, if you haven't locked in rates with a mortgage broker or your bank, you're now in a position where your money simply won't go as far as it once would, but as the market continues to increase with inventory along with declines in sales, we're likely to see a real estate market that reflects the other major markets in our economy. 

We saw a decrease of over 9% in sales from last month, new listings came down 6% from last…

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April 2022 Calgary Real Estate Statistics Recap

While Calgary real estate saw an all time record high for sales in the month of March this year, it definitely slowed down in April, despite this, we saw a year over year increase of 6% in sales thisAPRIL 2022 REAL ESTATE CALGARY month, our new listing count continues to be down year over year as well but only 2.1% presently while inventory remains a persistent factor in this market down over 20% year over year.  From the Calgary Real Estate Board HQ  “Despite some of the monthly pullback, it is important to note that sales remain exceptionally strong and are likely being limited due to supply choice in the market,” said CREB® Chief Economist Ann-Marie Lurie. “While further rate increases will likely start to dampen demand later this…

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February 2022 Calgary Real Estate Statistics Recap

Here's a glimpse of how our team took control of the booming February market. This luxury home we listed generated so much demand and interest online from our coming soon campaign, including a tiktok seen by thousands,  and a paid targeted Youtube campaign seen by over 10,000! Allowed us to sell this luxury home in Legacy for over ONE MILLION DOLLARS, it even sold above list price.  We listed this home at $1,050,000  and there have only been three sales on the MLS® in Legacy over $1,000,000 

Statistics and information provided courtesy of the Calgary Real Estate Board ® CREB

@yycre Million dollar tour in a new listing in Legacy ! With @calgaryhomes #yyc #calgaryhomes #yycre #yychomes #yyz #yvr…

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