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Stories Tagged - attached

News

July 03, 2019 | CREBNow

June 2019: Oversupply is slowing, but a buyers' market remains

New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary.

Courtesy Brookfield Residential
News

Nov. 14, 2018 | Geoff Geddes

Meet in the middle: the appeal of attached homes

With the current trend towards downsizing, square footage might be shrinking, but the appeal of attached homes is on the rise for several reasons.

Garage construction is one of the few renovations that can produce a dollar-for-dollar return on investment in the form of resale home value.
Getty Images
News

July 18, 2018 | Stefan Strangman

Free parking

How building a garage can dramatically increase your home value

Driving has always been a way of life for Calgarians, and given the ubiquity of cars in in the city, garages are a must for almost every home.

Whether looking to build a home for the first time or renovating an old one, detached or attached garages are the options most builders choose. However, special builds also exist and can even include underground parking or tunnels, at costs upwards of $35,000 for a triple-detached unit.

News

July 04, 2018 | CREBNow

Weak sales persist in Calgary and beyond

Many Canadian energy-related municipalities within Alberta and Saskatchewan have seen housing markets struggle over the past few years, resulting in price declines.

The recent mortgage rule changes and higher lending rates are factors weighing on demand and prices across some of those areas.

Modern-style townhomes. 
Getty Images
News

May 02, 2018 | Geoff Geddes

$300,000 and under

Limited budget need not limit buyer options

A dollar may not go as far as it used to, but $300,000 can still take Calgary homebuyers a long way.

"At that price, you could look at a one- or two-bedroom apartment with underground or outside parking, and an elevator if you want a high-rise," said Monique Windrem, a REALTOR® and leasing agent with Hope Street Real Estate Corp. "You might get extra storage, and if you opted for a one-bedroom, you may also have a gym, concierge and security if you're not set on living downtown."

Love It or List It Vancouver’s Todd Talbot draws heavily on his own homebuying experiences during his Calgary Home and Garden Show presentation on “right sizing.” According to Talbot, right-sizing requires homeowners to do an honest audit of what is important to them when it comes to their living space. 
Courtesy Reformation PR
News

Feb. 07, 2018 | CREBNow

Housing market deja vu in January

As expected, Calgary sales activity similar to last year

The new year opened predictably, with monthly figures close to the Januarys of the past three years.

With new mortgage rules and rates officially in effect, sales activity in January remained comparable to last year, as rising sales for attached properties were not enough to offset declines in both the apartment and detached sector.

News

Oct. 05, 2017 | CREBNow

The big picture

Inventory increases and sales drop in September, but overall sales for the year remain higher than last year

Strong gains in the first half of 2017 have put Calgary year-to-date sales at seven per cent above last years' levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings.

Inventories rose across all property types to 6,861 units, while both apartment- and attached-style properties saw the highest inventory on record for the month of September.

News

Aug. 02, 2017 | CREBNow

A work in progress

Market sees modest inventory gains, but overall prices inch up 

Sales exhibited stable growth through the first half of the year in the Calgary housing market, but the number of transactions slowed slightly in July compared to last year.

Citywide sales totaled 1,637 units, six per cent below July 2016 levels. Year-to-date sales activity totaled 11,957 units, nine per cent above last year.

"Sales growth exceeded expectations so far this year. Clients were re-entering the market after delaying decisions until there were some signs of economic improvement," said CREB® president David P. Brown.

News

Jan. 10, 2017 | CREBNow

5 things about CREB® 2017 forecast

What you should know about the year ahead for Calgary's housing market

CREB® has released its annual economic outlook and regional housing forecast. But what does it all mean? CREB®Now takes readers through the numbers.

18,335
After posting successive sales declines in 2014 (25,552), 2015 (18,839) and 2016 (17,809), CREB® is forecasting MLS® activity in Calgary to rebound slightly in 2017. Citywide sales are expected to total 18,335 units, a three per cent gain over 2016, but 12 per cent below long-term averages. By category, detached sales are predicted to hit 11,550 in 2016, while attached and apartment sales will reach 4,002 and 2,783, respectively.

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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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