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Stories Tagged - listings

An example of a home that has been virtually staged. 
Courtesy of Urban Measure

July 27, 2020 | Gerald Vander Pyl

Virtual staging provides right mix of price and results for some home sellers

Real estate experts have long touted the importance of properly staging a property to look its best when selling, and now a high-tech option has joined the ranks of traditional home stagers.

May 08, 2019 | CREBNow

April 2019: April brings a slight inventory decline

There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels.

The decline in new listings was enough to start chipping away at overall inventory levels, which have eased slightly compared to last year.

Getty Images

June 20, 2018 | Cody Stuart

Picture perfect

Eight tips to prepare your home for listing photos

There are many dramatic changes you can make when preparing a home for photos. Renovating a bathroom or kitchen can reap big resale rewards, while a fresh coat of paint or new siding can add serious curb appeal. But for those working with a limited budget or on a shorter timeline, there are more subtle changes that can have your house looking its best prior to an open house or having photos taken.
While final numbers have yet to be reported, CREB® expects Calgary’s housing market to have behaved by year’s end as first forecasted. At the end of November, sales in the city had declined by slightly more than six per cent, while benchmark price had fallen just under four per cent to $333,318. CREB®Now photo

Dec. 21, 2016 | Jamie Zachary

2016 year in review

Few surprises, but still highlights for Calgary's housing market this past year, say experts

In a year of sales declines, price adjustments and mortgage rule changes, the one constant for Calgary's housing market in 2016 was the number of challenges it faced as the result of soft economic conditions, say industry observers.

Yet officials also maintain challenges for some created opportunities for others. And, perhaps more importantly, there is renewed optimism heading into 2017 thanks to improving numbers during the second half of this year and a series of large energy infrastructure announcements.

Year-to-date detached sales have declined by three per cent compared to last year, said CREB®. CREB®Now file photo

Dec. 01, 2016 | CREBNow

November sales slide into old patterns

Detached prices dip below $500,000 for first time since 2014

Coming off a month of stronger sales activity, November's resale residential housing market returned to previous trends, according to CREB®.

In its November housing summary released Dec. 1, year-over-year monthly sales totaled 1,227 units, which is nearly three per cent lower than last year and 17 per cent below long-term averages.

"November was the first full month with CMHC's new lending rules in effect," said CREB® chief economist Ann-Marie Lurie. "As suspected, the gains in last month's sales were temporary. Stringent conditions for borrowers are converging with the current economic climate and weighing on demand."

Nick Medwid, who has been retired for more than a decade, recalled his time as CREB® president in 1991 was busy as many large Canadian companies moved their eastern-based headquarter out west that year. Photo by Michelle Hofer/For CREB®Now

Nov. 19, 2016 | Cailynn Klingbeil

55 Years of Calgary Real Estate: 1991 CREB® President Nick Medwid

Former CREB® president Nick Medwid said all eyes were on Calgary in 1991

Nick Medwid recalls Calgary's housing market in 1991 as a bit of a blur.

In the midst of a national downturn that year, all eyes turned to the city as several major companies uprooted their Canadian headquarters from out east and relocated to the heart of the new west.

Nov. 01, 2016 | CREBNow

Home sales rebound in October

CREB® points to mortgage rule changes as motivator

For the first time in two years, resale residential housing sales activity in October resembled normal levels, according to a new report.

City-wide sales totaled 1,644 units, which is an increase of nearly 16 per cent over last year, reported CREB® in its monthly housing summary.

"The shift in sales activity this month is likely related to the new mortgage rule changes, inventory gains in the lower price ranges and further price adjustments," said CREB® chief economist Ann-Marie Lurie.

Downtown and the Beltline have paced Calgary apartment sales in 2016 thus far. CREB®Now file photo

Oct. 24, 2016 | CREBNow

Easy adjustment

Apartment sector prompts optimism for buyers

After living in southwest communities of Midnapore and Evergreen for 27 years, transitioning to an apartment in Mission was an easy decision for Michelle Norman.

"Condo living was a very easy adjustment," she said. "I like the idea of being surrounded by a good mix of young and older residents as well as not having to worry about such things as yard work and snow removal."

Sept. 01, 2016 | CREBNow

Housing market tells different stories in August

Detached versus higher-density segments paint different pictures of health

Overall resale residential housing sales activity in Calgary was down again in August, totalling 1,567, reported CREB® in its monthly housing summary.

However, the organization noted this figure does not reflect the big differences in activity between the detached sector, versus the high density apartment and attached segments of the market.

Becky Walters, who retired from real estate in 1995 and moved to Vancouver Island, said it has been “quite an adjustment” leaving the business. Photo courtesy Becky Walters.

July 21, 2016 | Cailynn Klingbeil

55 Years of Real Estate: 2013 CREB® Past President Becky Walters

Former CREB® president Becky Walters remembers how communities rallied in following natural disaster in 2013

Becky Walters remembers 2013 like most Calgarians do – one equally fraught with harrowing tales of devastation and inspiring stories of community spirit following a historic flood that left many communities underwater.

In June 2013, Alberta experienced heavy rainfall that sparked 32 states of local emergency in communities throughout southern Alberta and resulted in billions of dollars in insurable damages.

"It was something that affected the whole city, of course," said Walters, who, six months earlier, had become president of CREB®.

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