COMING SOON - 34 Midtown Xing, Airdrie

COMING SOON - 34 Midtown Xing, Airdrie

Welcome to this exquisite detached home nestled in the highly sought-after community of Midtown in Airdrie. Offering 3 bedrooms, 2 and a half bathrooms and contemporary finishes throughout, this residence epitomizes modern living at its finest. Upon stepping through the front door, you're warmly welcomed into an inviting open floorplan, accentuated by luxurious vinyl plank flooring that extends throughout the main level. An expansive office space provides ample room for productivity or relaxation, offering versatility to suit your needs. The heart of the home lies within the stunning kitchen, seamlessly connected to both the dining area and living room, creating an ideal space for entertaining guests or…

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COMING SOON - 144 Brightoncrest Manor SE, Calgary

COMING SOON - 144 Brightoncrest Manor SE, Calgary

OPEN HOUSE SATURDAY APRIL 6 1pm-3pm. Welcome to this exquisite Move In Ready detached home nestled in the highly desirable community of New Brighton. Offering 3 bedrooms and 2.5 bathrooms and a main floor office, this residence welcomes you with an abundance of space and natural light upon stepping through the front door. The main level unveils a captivating open floor plan with Brand NEW VINYL PLANK FLOORING, NEW CARPETS and is FRESHLY PAINTED throughout. The bright white kitchen is a chef's dream, featuring high-end stainless steel appliances, a large pantry, and ample counter space, perfect for entertaining. Adjacent to the kitchen, the inviting living room invites you to unwind by the cozy…

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COMING SOON - 305, 11170 30 St SW, Calgary

305, 11170 30 St SW, Calgary

Welcome to this stunning apartment nestled in the sought-after community of Cedarbrae. This 2 bedroom, 2 bathroom space offers an array of features designed to enhance your living experience. Upon entering this top floor suite, there is an abundance of natural light flooding the open floor layout. The vaulted ceilings amplify the sense of space, seamlessly connecting the dining room and living room, creating an inviting atmosphere for relaxation in front of the electric fireplace. The primary bedroom includes a convenient walk-through closet entering into a 3-piece ensuite bathroom. Step out onto the East facing balcony where you can enjoy outdoor cooking with the BBQ gas line. This building provides additional…

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Coming Soon - 453 South Point Lane SW, Airdrie, Alberta

Coming Soon -453 South Point Lane SW, Airdrie

Welcome to this stunning double attached garage townhouse nestled in the sought-after community of South Point, Airdrie. This immaculate 3-bedroom, 2.5-bathroom home includes all of the upgraded features you would want. Upon entering the bottom level, you'll be greeted by a spacious office space, ideal for remote work or study sessions. Ascending the stairs to the main level, you'll discover a modern kitchen equipped with upgraded appliances and sleek quartz countertops. The main level exudes brightness, courtesy of abundant natural light that enhances the open floor plan, seamlessly connecting the kitchen, dining room, and living room areas. Venturing to the top level, you'll find 3 generously sized…

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March Market Report 2023

Prices rise as conditions favour the seller

March 3, 2023 - Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly in the seller’s territory. While conditions are not as tight as last March, low inventory levels leave purchasers with limited choice, once again driving up home prices.

Total unadjusted residential home prices reached $541,800 in March, a two per cent gain over last month and nearly one per cent higher than prices reported last year. While…

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February Market Report 2023

Lowest February inventory since 2006

March 1, 2023 - Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006.

“While higher lending rates are impacting sales activity as expected, we are seeing a stronger pullback in new listings, keeping supply levels low and supporting some stronger-than-expected monthly price gains,” said CREB® Chief Economist Ann-Marie Lurie. “Prices are still below the May 2022 peak and it is still early in the year. However, if we do not see a shift in supply, we could see further upward…

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January Market Report 2023

Supply of lower-priced homes remains low for January

February 1, 2023 - The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties.

At the same time, sales activity did slow compared to the high levels reported last year but remained consistent with long-term trends. However, there has been a shift in the composition of sales as detached homes only comprised 47 per cent of all sales.

“Higher lending rates are causing many buyers to seek out lower-priced products in our market,” said CREB® Chief Economist Ann-Marie Lurie. “However, the higher rates are likely also preventing some move-up activity in the…

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October Market Report 2022

Sales remain stronger than pre-covid level

City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, 2022 will likely post a record year in terms of sales.

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth,…

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