Found 3 blog entries tagged as #calgaryrealestate.

Just Released, August addition in Top Agent Magazine.


a photograph of Erin Reeves on the cover of Top Agent Magazine

AS THE FOUNDER OF REEVES & ASSOCIATES, TOP AGENT ERIN REEVES SERVES CALGARY AND THE SURROUNDING AREA—SPECIALIZING IN FINDING SOLUTIONS TO HELP HER CLIENTS TURN THEIR REAL ESTATE DREAMS INTO REALITY.

Thoroughly committed to creating a seamless experience, Erin Reeves specializes in finding
solutions to help her clients turn their real estate dreams into reality. Growing up in the
Okanagan, Erin says her interest in real estate was piqued early on when her father did some real
estate development work. “Because of that, I always watched the development side of the market
and paid attention to what was going on,” Erin recalls. Erin went on to earn her license at age 24,
and she bought her first…

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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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Market continues shift toward more balanced conditions after torrid start to the year

City of Calgary, Sept. 1, 2021 –

Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.

“Sales have far exceeded expectations throughout most of the pandemic, driven mostly by demand for detached homes. At the same time, supply could not keep pace and conditions shifted to favour the seller, something that has not happened in over six years,” said CREB® Chief Economist Ann-Marie Lurie. 

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