Shipping Container Costs and the Direct Impact on Real Estate Prices.

Just when you thought there would be some relief in home prices with lumber costs coming down from the record 52 week high of $1711 to a current cost of $622. Buyers were feeling hopeful that they would see home prices balance and gain some control back in the rapid seller’s market.  Well unfortunately this is not the case, if only it were that easy. With the extreme supply shortages the Building Industry has been facing and with the labour cost increases we are far from out of the woods on this one.

The last thing anyone was probably anticipating was the unbelievable costs increases in shipping. Companies are reporting historically a shipping container cost averaging from…

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Coming Soon- SOLD - Welcome to 313 Silverado Plains Circle SE. 

A rare opportunity soon to hit the market. This one owner home is steps from Ron Southern Elementary school and is the perfect home to start your family. 3 bedrooms and 2.5 baths at 1356 sq.ft

Brand new laminate flooring throughout the main floor, your cozy living room includes big west facing windows and a gas fireplace. Head towards the kitchen and you will find all of the entertaining space you need with the central island and oversized dinning room. Enjoy the rest of the summer BBQ on your new 12x12 rear deck and take advantage of the private backyard with rear lane access. You will not be disappointed with the inviting primary bedroom over looking the front landscape,…

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calgary Real Estate stats juNE 2021

Detached Properties

Despite some modest improvements in inventory levels, strong sales in June have kept the detached sector of the market firmly in sellers’ market conditions. With a sales-to-new-listings ratio of 76 per cent and the months of supply below two months, benchmark home prices continue to rise. The unadjusted detached benchmark price totalled $537,200 in June, nearly one per cent higher than last month and 13 per cent higher than last year’s levels. Despite the sellers’ market conditions in the detached sector, there is some variation depending on location. The districts with the strongest demand relative to supply are the North, North West, South, South East and East districts. Each of these…

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