Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - housing statistics
News
Nov. 07, 2015 |
'Favour the buyer'
CREB® report singles out changing conditions in apartment sector
Buyer's conditions in the apartment sector are contributing to a continued shift in Calgary's resale residential housing market, which experienced a second consecutive month of price declines in October, according to CREB®.
The local housing agency noted that while overall, new listings in the city did not decline enough to prevent inventory gains and, ultimately, price contractions, the biggest shift continued to occur in the apartment sector.
CREB® chief economist Ann-Marie Lurie noted months of supply in that sector have gone from a low of three months in June to nearly six months in October.
Buyer's conditions in the apartment sector are contributing to a continued shift in Calgary's resale residential housing market, which experienced a second consecutive month of price declines in October, according to CREB®.
The local housing agency noted that while overall, new listings in the city did not decline enough to prevent inventory gains and, ultimately, price contractions, the biggest shift continued to occur in the apartment sector.
CREB® chief economist Ann-Marie Lurie noted months of supply in that sector have gone from a low of three months in June to nearly six months in October.
News
Sept. 01, 2015 | CREBNow
Inventory levels rise
August sales activity falls below long-term averages
Calgary's residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity.
Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year and 12 per cent below 10-year averages.
"Persistent weakness in the energy sector weighed on sales activity this month, which once again retracted to levels well below the norm for the city," said CREB® chief economist Ann-Marie Lurie.
Calgary's residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity.
Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year and 12 per cent below 10-year averages.
"Persistent weakness in the energy sector weighed on sales activity this month, which once again retracted to levels well below the norm for the city," said CREB® chief economist Ann-Marie Lurie.
News
Aug. 19, 2015 | CREBNow
Roots run deep in Cochrane
New museum provides perspective of just how far growing town has come
Gordon Davies's roots run deep in Cochrane.
His family moved to the area in the early part of the 20th century, while Davies himself is president of the Cochrane Historical & Archival Preservation Society (CHAPS).
The society, in fact, is behind the new Cochrane Historical Museum, which opened May 31 and was nearly two decades in the making, according to Davies.
"Unlike many towns, Cochrane has never had a museum dedicated to its local history," he said, noting CHAPS has been planning the museum since the society's inception in 1999.
Gordon Davies's roots run deep in Cochrane.
His family moved to the area in the early part of the 20th century, while Davies himself is president of the Cochrane Historical & Archival Preservation Society (CHAPS).
The society, in fact, is behind the new Cochrane Historical Museum, which opened May 31 and was nearly two decades in the making, according to Davies.
"Unlike many towns, Cochrane has never had a museum dedicated to its local history," he said, noting CHAPS has been planning the museum since the society's inception in 1999.
