Persistent sellers’ market conditions drive up prices

City of Calgary, Dec. 1, 2021 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.  “Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, supply levels have struggled to keep pace, causing tight conditions and additional price gains.”
New listings in November totalled 1,989 units, which was fewer than the number of sales this month. With a sales-to-new-listings ratio of over 100 per cent, inventory levels dropped to 3,922 units and the months…

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Welcome to 2533 4th Avenue NW Calgary


Look no further, welcome 2533 4th Avenue NW,  this modern and elegant suburb sized home conveniently located in West Hillhurst. With 3320 sq.ft of finished living space this home is a sprawling 23' wide & positioned on a 31' wide homesite. Located on a no thru road at the end of 4th avenue, this south facing backyard will be perfect for bbqing and entertaining. Enter through the front door into your oversized entry with floor to ceiling windows. Immediately get pulled into the custom details including horizontal iron railings, 10’ main ceilings and built-in bench details. With plenty of room to host a dinner party, show off your gourmet kitchen including an 8’-6”x4’ kitchen island, beautiful black…

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