Row/ Townhouse Condos

After the first half of the year, row sales totalled 2,045, their highest mark since 2007. Those sales have been met with record-high new listings. This has caused inventories to trend up over recent months to levels higher than what we typically see at this time of year.


The higher inventories have not been a problem, as they’ve been balanced by strong sales. The month of supply remains below three months and this sector continues to favour the seller. Recent gains in the months of supply are helping the market move toward more balanced conditions, but it is too soon to see the shift impact pricing.


In June, citywide row prices totalled $299,300, one per cent higher than last month and nine per cent higher than last year’s levels. Prices have improved across most districts, but they remain well below previous highs.


Apartment Condominium

Recent price gains have encouraged more people to sell their condominiums this year, causing both new listings and overall inventories to increase relative to the previous year. At the same time, relative affordability has supported sales totals that have improved from the exceptionally low levels recorded over the previous six years.


The result has been inventories that remain elevated compared to historical levels, but strong sales have helped bring the months of supply down to levels more consistent with balanced market conditions.


The balanced conditions have been supporting some price recovery in the market. Prices have trended up over the first half of the year and on a year-to-date basis they currently sit nearly three per cent higher than last year.


Prices have risen across all districts, but the largest price gain occurred in the West district. However, overall, prices remain nearly 15 per cent below previous highs.

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Row Condos

After the first four months of the year, row sales totalled 1,217 units. This the best start to the year since 2007, and well above long-term averages.


New listings in this sector have also been on the rise, causing inventories to trend up. Supply has risen above levels recorded last April, but strong sales compared to inventory levels have caused the months of supply to remain just above two months. This is significantly lower than the longer-term average, which is closer to four months.


While these conditions have only persisted over the past three months, prices have been slower to climb. As of April, row benchmark prices climbed to $293,400. Prices have been trending up across all districts of the city, but they remain well below previous highs.


Apartment Condos

Further improvements in April resulted in 1,280 year-to-date sales in this sector, which is the strongest sales seen over the past six years.


New listings also remained high compared to typical levels and inventories continued to rise. There was more inventory in the market, but the improvement in sales did cause further reductions in the months of supply.


In April, the months of supply was just over four months. This is fairly consistent with longer-term trends and reflects the most balanced conditions seen for some time. With less oversupply in the market, prices have been trending up and in April the benchmark price was $251,900. This is more than three per cent higher than last year.


Price improvements did vary by location and it will take some time for prices to recover to previous highs.


For example, there was a two per cent year-over-year increase in the City Centre, where most of the condo sales occur, but prices remain nearly 17 per cent lower than previous highs.


FULL CREB REPORT - MAY 3

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Condo living in Calgary is for the buyer on a limited budget or just wants to be in the centre of everything. There are many common misconceptions about owning a condo such as big condo fees and rules that determine what you can or can't-do. Condos are sometimes overlooked by potential buyers who would probably love to live in one. 


On mycondo4sale.com we have a large selection of Condo's available by Area and Price. There are many benefits and conveniences that come along with living in a condo instead of a house.



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Living in a Calgary Condo is a different  lifestyle, so there are a lot of things to think about.


Make sure it will work for you, and the Document Review stage in the Condition Period make sure you know the by-laws and pet restrictions. Perhaps, if you have no car but the unit has a parking spot, can you rent it to someone in the building who needs two spots.  Here are 10 points to consider.


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A slew of changes affecting the way developers handle purchase agreements, trust funds and much more took effect due to the passage of the Condominium Property Amendment Act and supporting regulations. These changes were introduced to tackle numerous issues faced by new condominium buyers, one of which was developers going bankrupt without adequate protection of the purchasers’ deposit...


FULL ARTICLE - KHEMKA LAW

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  1. The First thing is the First-Aid Kit – Very easy to not think about- until you need it! 
  2. Throw out old cosmetics and beauty products, your beatiful enough!.
  3. Wash curtains and dust the blinds.
  4. Clean all tile areas.
  5. Fix any grout
  6. Put the vacum on the extractor fans & wipe after
  7. Wipe the light fittings and switches.
  8. Wash out the trash can after emptying
  9. Put a paper bag in it for the waste
  10. Put some "White Magic" down the plug drains to remove hair and stop them clogging up - This is a GREAT made in Calgary product.
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(that is assuming you are able to travel with Covid-19)


1 Cut your grass as close to the day you head off as possible. Put the mower on it's shortest cut, so you don’t have to worry about it growing too much while you are away. Or, why not ask your neighbor to cut it while you are away! Mowing your yard before a vacation makes it look like you are still at home, and may keep away potential intruders.


 2 Cancel mail if it is delivered to your door. You can pick your mail up at the post office when you get back home and start the service back up. This is not a big deal and will keep things neat and tidy while you are away.


3 If you don’t want your house to stand out as if no one is home is to put some of your inside lights on timers on different time settings. so it looks like you are home.


4 Put your water heater and furnace on vacation mode, you save money while you are away!


5 Set up a security link or App on your cell whilst you are away. I knew a client who had one, and one winter he was away in BC and left his son and girlfriend in the home. The son would put the heating up - but my client would monitor it, and turn it back down!


A vacation is all about relaxing, so with your home safe that is exactly what you can do ...kick back!! (unless you are monitoring the house, switch off your cell lol)

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Covid -19 : Creb have a list of things that showing realtors are required to do with their clients. The number of potential buyers entering the home has to be strictly adhered to. We carry spare masks and gloves and can be present. So let’s start with a couple of Covid steps first
  1. Try to leave all interior doors open
  2. Wipe down all counter tops and handles, before and after any showing
  3. Hang a wreath of dried flowers to showcase the front door
  4. Have a pretty hanging basket outside the front door
  5. Place a vase of flowers a coffee table
  6. Use a colorful throw blanket to add color to the living room
  7. Put away any kitchen utensils that you are not using
  8. Set the kitchen table with silk flowers or a fruit bowl centrepiece
  9. Lay out an open cook book or cook something in the oven
  10. Make sure all beds are made with fresh linen
  11. Change out the tired towels with fresh white ones
  12. Put a small bunch of flowers on the dresser or side table
  13. Put away all personal bathrooms soaps, toothpaste etc
  14. Change out a well used shower curtain
  15. Organize the garage and make sure there is lots of light, it will seem bigger
  16. Maybe park the car or second car outside
  17. Cut the grass and weed, strim the edges and make sure there are no weeds
  18. Pop a couple of nice flowers in the garden by the pathway
  19. Set the home temperature to a comfortable level
  20. No pets or children should be in the house and ideally neither should you.
#calgaryrealestate #calgaryrealtor #calgarydreamhomes #stewartjlowe #homesinyyc
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Area Rugs are a great way of adding to your home’s visual appeal. Let us look at a few tips.


1)    Look at the area and then figure out the rug size you need.  It is best if the furniture does not touch the rug, maybe you would have two legs on it to stop it moving better.

2)     Another consideration is where people mainly walk. Try not to put you expensive delicate rug in a heavy traffic area.

3)    Wool rugs are superior to silk, synthetic and cotton rugs as far as durability is concerned. Also, there is less chance of fading because retention dye is high in wool rugs. Your wool rug will also able to handle water and stains.

4)    Remember to keep your rugs in good condition with regular vacuuming and stain cleaning. Attend to spills immediately and use soapy water for spot-cleaning.

5)    Pets can be hard on rugs, with the fur they can leave behind. A good strategy is to clear off their excess fur with a plastic glove, followed by a vacuuming.

6)    Interior designers have great tips for placing your rugs and what colors are best to use. The combination of good quality rugs and the inputs of an experienced design professional can really transform your home.


Call or email if we can help, we have some great designers that we work with who will give you good advice.


#usingrugs #calgaryrenos #rugsinthehome #rugs

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