January Summary from the Calgary Elite Real Estate Team 2020 in Calgary kicked off with a slight increase in sales January sales have increased compared to the same period in 2019. Simultaneously, there have been reductions in new listings, inventory and a further decline in prices. At $417,100, benchmark prices are slightly lower than December, 2019, and are nearly 1% … Read More

December Summary from The Calgary Elite Real Estate Team 2019 wrapped up with annual sales up 1% over last year.   December sales have improved compared to the same period in 2018. Levels are now more consistent to activity seen during the years prior to 2018. Calgary real estate conditions continue to favour the buyer, although price declines, lower mortgage rates … Read More

November Summary from The Calgary Elite Real Estate Team At the beginning of the final month of 2019, YTD residential sales are sitting slightly higher than 2018 November sales have eased compared to the same period in 2018 New listings have eased relative to sales, resulting in a reduction of inventory oversupply when compared to 2018 Sales activity continues to … Read More

October Summary from The Calgary Elite Real Estate Team October sales in 2019 improved by nearly 10% compared to the same period in 2018. New listings in October have eased and reduced inventory levels as a result, however we are still experiencing a general oversupply in the market and prices are lower than last year’s levels as a result. Employment … Read More