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Stories Tagged - Ann Marie Lurie

Cody Stuart / CREB®Now
News

April 17, 2020 | Mario Toneguzzi

Silver linings: increased emphasis on affordability could eventually buoy Calgary condo market

One of the key factors impacting the Calgary resale housing market in the last year or so has been affordability.

With economic uncertainty top of mind due to the collapse in oil prices and the COVID-19 crisis, prospective homebuyers are increasingly looking for more affordable options when making a purchase.

That will likely lead to more demand in the condominium apartment market in the future.

News

March 06, 2020 | CREBNow

February 2020: Home sales see a bump

This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late '90s.

With the extra day this February, monthly sales totaled 1,197 units.  A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years.

News

Feb. 07, 2020 | CREBNow

January 2020: New year opens with a slight gain in sales

Housing market conditions continue to follow similar trends to last year, with gains in sales.

At the same time, there have been further reductions in new listings and inventory, and more declines in prices.

News

Jan. 10, 2020 | CREBNow

December 2019: Calgary's real estate market caps off year with more signs of stability

December sales improved to levels more consistent with activity recorded over the past five years. This follows weak sales activity last year.

A stronger second half in 2019 was enough to push annual sales up by one per cent.

CREB®Now Archive
News

Dec. 18, 2019 | Geoff Geddes

Q&A: CREB® chief economist Ann-Marie Lurie reflects on 2019's housing market

CREB®Now sat down with CREB® chief economist Ann-Marie Lurie to discuss takeaways and surprises from the 2019 housing market in Calgary and area.
News

Dec. 04, 2019 | CREBNow

November 2019: Calgary housing market still favours the buyer

Year-to-date residential sales in the city remain just above last year's levels due to improvements in the attached sector so far this year.

However, November sales activity eased over last year's levels, mostly due to pullbacks in the apartment sector.

News

Nov. 06, 2019 | CREBNow

October 2019: Homes under $500,000 moving to more balanced conditions

Sales activity in October improved by nearly 10 per cent compared to last year, driven mostly by improvements for apartment and attached product.

News

Oct. 02, 2019 | CREBNow

September 2019: Shifting to stability

For the third consecutive month, sales activity improved over last year's figures, and year-over-year new listings and inventories eased. This trend will help support more stability in the housing market.

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News

May 08, 2019 | Barb Livingstone

Calgary housing industry hopes new provincial government will improve its fortunes

From mortgage stress test relief and red tape reduction to general economic good news and jobs to boost consumer confidence, Calgary's housing industry is cautiously optimistic the recent change in provincial government could help cross a few items off its wish list.

However, that all hinges on the new United Conservative Party (UCP) government following through on its campaign promises.

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News

April 03, 2019 | Geoff Geddes

How to succeed in Calgary's spring housing market

Winter is more about skis and snowballs than buyers and sellers. But as the warm weather emerges, so does a renewed interest in real estate. Now that hope springs eternal, a little knowledge of the market will prevent you getting snowed under.

While navigating their spring housing prospects, consumers must consider the economy, the local market and their personal situation. Overall economic conditions have seen little change in recent years, with high unemployment and limited job growth. The effect in Calgary is that demand generally remains low, but there are some promising signs.

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