June sales decline amid supply challenges and rising prices
Posted on Jul 02, 2024
Sales in June reached 2,738, marking a 13 per cent decline from last year’s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower price ranges. Despite the easing in June sales, they remain over 17 per cent higher than long-term trends.
“The pullback in sales reflects sup...
“The pullback in sales reflects sup...
Navigating RPR: A comprehensive guide
Posted on Jun 03, 2024
When it comes to real estate transactions, one crucial document that often gets scrutinized is the Real Property Report (RPR). This article outlines the legal boundaries and physical features of a property, providing vital information for both buyers and sellers.
However, understanding how to review an RPR effectively is essential to ensuring a smo...
Calgary home sales remain robust despite supply shortage in lower price ranges
Posted on Jun 03, 2024
In a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one percent below last year's record high, it is 34 percent higher than long-term trends for the month. The pullback in sales was primarily driven by declines in lower-priced detached and semi-detached homes, where there was limite...
Five tips for first-time homebuyers
Posted on May 01, 2024
For most of us, buying a home will be the biggest purchasing decision we make in our lifetime. Adding to the weight of that decision is going through it the first time.First-time homebuyers can benefit tremendously from receiving extra advice throughout the purchase process. It's difficult to know exactly what to expect, but most issues can be reso...
Types of registrations you may see on a title certificate
Posted on May 01, 2024
When you are buying or selling a home, it is important to review a current copy of the title to ensure everything looks accurate. Along with reviewing the names and legal description of the title, you also want to look at the registrations on the title and understand what they mean.Here is a list of commonly seen registration and what they mean.
Pl...
Price growth persists in Calgary as seller's market prevails
Posted on May 01, 2024
Sales in April rose by seven percent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 percent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products.
At the same time, there were 3,491 new li...
At the same time, there were 3,491 new li...