Here we go just two more days until the start of the Calgary Stampede and it is finally starting to feel like summer out there. It is absolutely great!
Sales are up across the board again for the third week in a row and inventory is still dwindling.
Here are this weeks Calgary real estate statistics for June 22 - June 28, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past Calgary Week In Reviews to gauge how the real estate market is changing in Calgary. If you have questions feel free to leave me a comment on the blog or email me. I am alway glad to answer your Calgary real estate questions.
Weekly Absorption Unit Sales vs. Active Listings - Single Family & Condos
The below chart tracks the ACTIVE number of Calgary single family homes & condos for sale on the MLS, against the SOLD single family homes & condos for the mentioned week. This really gives buyers and sellers an accurate picture of the current inventory opposed to the the inventory that is selling. This week single family home listing inventory dropped to 3,570 while condo inventory dropped to 1,822.
Weekly Absorption Unit Sales vs. Active Listings - 30 Day Average
This chart is similar to the one above, but has all the inventory in Calgary listed together instead of separating the the single family homes and condos. These are the numbers you will often see from the Calgary Real Estate Board or media when they list total listing inventory opposed to the sold inventory. The SOLD numbers are also spread out over a 30 day average so it gives buyers and sellers a good overview of the Calgary real estate market. This week total MLS inventory dropped to 5,332 listings while the MLS 30 day sales average increased to 2,647 sales.
Calgary MLS Average Weekly Sale Price Trend 2000 - 2008 vs. 2009
This specific chart tracks the average MLS sales price of Calgary single family homes and condos since the year 2000. The last number for the year 2009 represents the average sale price of a Calgary single family home and condo during the week mentioned. This past week the average price of a single family home in Calgary dropped to $443,652 and the average price of a Calgary condo dropped to $284,292.
Calgary MLS Average SOLD Price Week Over Week 2009 vs. 2008 - Single Family & Condos
The below chart tracks the weekly MLS SOLD prices of Calgary single family homes & condos and compares the data to the previous year of 2008. If you notice many of the weekly price trends are similar to the previous year with average sales price peeking close to the same time of the year. This week the average sale price of a single family home reached $443,652 which is $34,032 less than the same week in 2008. The average sale price of a Calgary condo reached $284,292 which is down $44,103 from the same week in 2008.
Calgary MLS Sales Volume Week Over Week 2009 vs. 2008
This chart simply details the number of Calgary single family homes & condos sold in the week mentioned and compares the data to the previous year of 2008.
Nevin Van Nest . Realtor . Royal LePage Foothills . Calgary Real Estate Resource Centre
Calgary mortgage rates for the week of June 29, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs.
*Currently, Prime rate may vary according to lender. Be sure to check with your Invis mortgage professional for full variable-rate mortgage pricing details.
Terms | Posted Rates | Our Rates |
6 MONTHS | 4.75% | 3.95% |
1 YEAR | 3.90% | 2.75% |
2 YEARS | 4.05% | 3.05% |
3 YEARS | 4.15% | 3.65% |
4 YEARS | 4.84% | 4.09% |
5 YEARS | 5.25% | 4.49% |
7 YEARS | 6.60% | 5.35% |
10 YEARS | 6.70% | 5.45% |
Rates are subject to change without notice. *OAC E&OE |
Nevin Van Nest . Realtor . Royal LePage Foothills
Find Out More About The Calgary Real Estate Market On My Website: Calgary Real Estate Resource Centre
Sales are up across the board again for the second week in a row and inventory is still slowly dwindling.
Here are this weeks Calgary real estate statistics for June 15 - June 21, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past Calgary Week In Reviews to gauge how the real estate market is changing in Calgary. If you have questions feel free to leave me a comment on the blog or email me. I am alway glad to answer your Calgary real estate questions.
Weekly Absorption Unit Sales vs. Active Listings - Single Family & Condos
The below chart tracks the ACTIVE number of Calgary single family homes & condos for sale on the MLS, against the SOLD single family homes & condos for the mentioned week. This really gives buyers and sellers an accurate picture of the current inventory opposed to the the inventory that is selling. This week single family home listing inventory dropped to 3,578 while condo inventory dropped to 1,854.
Weekly Absorption Unit Sales vs. Active Listings - 30 Day Average
This chart is similar to the one above, but has all the inventory in Calgary listed together instead of separating the the single family homes and condos. These are the numbers you will often see from the Calgary Real Estate Board or media when they list total listing inventory opposed to the sold inventory. The SOLD numbers are also spread out over a 30 day average so it gives buyers and sellers a good overview of the Calgary real estate market. This week total MLS inventory dropped to 5,432 listings while the MLS 30 day sales average increased to 2,569 sales.
Calgary MLS Average Weekly Sale Price Trend 2000 - 2008 vs. 2009
This specific chart tracks the average MLS sales price of Calgary single family homes and condos since the year 2000. The last number for the year 2009 represents the average sale price of a Calgary single family home and condo during the week mentioned. This past week the average price of a single family home in Calgary increased to $450,172 and the average price of a Calgary condo increased to $288,367.
Calgary MLS Average SOLD Price Week Over Week 2009 vs. 2008 - Single Family & Condos
The below chart tracks the weekly MLS SOLD prices of Calgary single family homes & condos and compares the data to the previous year of 2008. If you notice many of the weekly price trends are similar to the previous year with average sales price peeking close to the same time of the year. This week the average sale price of a single family home reached $450,172 which is $20,020 less than the same week in 2008. The average sale price of a Calgary condo reached $288,367 which is down $16,041 from the same week in 2008.
Calgary MLS Sales Volume Week Over Week 2009 vs. 2008
This chart simply details the number of Calgary single family homes & condos sold in the week mentioned and compares the data to the previous year of 2008.
Nevin Van Nest . Realtor . Royal LePage Foothills . Calgary Real Estate Resource Centre
When looking for a home in a shifting interest rate environment, you need to make sure that you get a good rate.
An independent mortgage broker is the best starting point – he or she will discuss your borrowing needs, introduce you to your best financing options, and get you a very competitive interest rate.
A broker can also obtain a mortgage pre-approval for you that includes a rate hold of up to 120 days. If fixed mortgage rates rise during your rate hold period, you’ll be protected (and if they fall, you’ll have access to the lower rate).
With a rate hold you’ll have peace of mind about your mortgage rate while you look for the home that suits you best. A pre-approval also means you’ll know how much you can afford to spend on the home.
Nevin Van Nest . Realtor . Royal LePage Foothills
Find Out More About The Calgary Real Estate Market On My Website: Calgary Real Estate Resource Centre
Calgary mortgage rates for the week of June 22, 2009 provided by Heather Skaper of Invis Calgary. Feel free to email Heather for mortgage information specific to your needs.
*Currently, Prime rate may vary according to lender. Be sure to check with your Invis mortgage professional for full variable-rate mortgage pricing details.
Terms | Posted Rates | Our Rates |
6 MONTHS | 4.75% | 3.95% |
1 YEAR | 3.90% | 2.75% |
2 YEARS | 4.05% | 3.05% |
3 YEARS | 4.15% | 3.65% |
4 YEARS | 4.84% | 4.09% |
5 YEARS | 5.25% | 4.49% |
7 YEARS | 6.60% | 5.35% |
10 YEARS | 6.70% | 5.45% |
Rates are subject to change without notice. *OAC E&OE |
Nevin Van Nest . Realtor . Royal LePage Foothills
Find Out More About The Calgary Real Estate Market On My Website: Calgary Real Estate Resource Centre
Sales are up across the board this week and inventory is slowly dwindling. The market is nearly balanced if you look at the sales vs. inventory, and activity over the past couple weeks. Is this the end of the drop in home prices in Calgary and the conclusion to the Calgary real estate crash that so many talked about? Has the bubble burst and a new one begun? I think a couple more months of stable sales numbers will tell the tail. Let me know your thoughts.
Here are this weeks Calgary real estate statistics for June 8 - June 14, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past Calgary Week In Reviews to gauge how the real estate market is changing in Calgary. If you have questions feel free to leave me a comment on the blog or email me. I am alway glad to answer your Calgary real estate questions.
Weekly Absorption Unit Sales vs. Active Listings - Single Family & Condos
The below chart tracks the ACTIVE number of Calgary single family homes & condos for sale on the MLS, against the SOLD single family homes & condos for the mentioned week. This really gives buyers and sellers an accurate picture of the current inventory opposed to the the inventory that is selling.
Weekly Absorption Unit Sales vs. Active Listings - 30 Day Average
This chart is similar to the one above, but has all the inventory in Calgary listed together instead of separating the the single family homes and condos. These are the numbers you will often see from the Calgary Real Estate Board when they list total listing inventory opposed to the sold inventory. The SOLD numbers are also spread out over a 30 day average so it gives buyers and sellers a good overview of the Calgary real estate market.
Calgary MLS Average Weekly Sale Price Trend 2000 - 2008 vs. 2009
This specific chart tracks the average MLS sales price of Calgary single family homes and condos since the year 2000. The last number for the year 2009 represents the average sale price of a Calgary single family home and condo during the week mentioned.
Calgary MLS Average SOLD Price Week Over Week 2009 vs. 2008 - Single Family & Condos
The below chart tracks the weekly MLS SOLD prices of Calgary single family homes & condos and compares the data to the previous year of 2008. If you notice many of the weekly price trends are similar to the previous year with average sales price peeking close to the same time of the year.
Calgary MLS Sales Volume Week Over Week 2009 vs. 2008
This chart simply details the number of Calgary single family homes & condos sold in the week mentioned and compares the data to the previous year of 2008.
Nevin Van Nest . Realtor . Royal LePage Foothills . Calgary Real Estate Resource Centre
Calgary mortgage rates for the week of June 15, 2009 provided by Heather Skaper of Invis in Calgary. Feel free to email Heather for mortgage information specific to your needs. *Currently, Prime rate may vary according to lender. Be sure to check with your Invis mortgage professional for full variable-rate mortgage pricing details.
Terms | Posted Rates | Our Rates |
6 MONTHS | 4.75% | 3.95% |
1 YEAR | 3.90% | 2.75% |
2 YEARS | 4.05% | 3.05% |
3 YEARS | 4.15% | 3.65% |
4 YEARS | 4.84% | 3.99% |
5 YEARS | 5.25% | 4.28% |
7 YEARS | 6.60% | 5.25% |
10 YEARS | 6.70% | 5.25% |
Rates are subject to change without notice. *OAC E&OE |
Nevin Van Nest . Realtor . Royal LePage Foothills
Find Out More About The Calgary Real Estate Market On My Website: Calgary Real Estate Resource Centre
Nearly 90 per cent of recent home purchasers across Calgary and Canada believe that home ownership is a good long-term investment and that almost 70 per cent think that now is a good time to purchase a home in their community. That’s according to the 2009 Mortgage Consumer Survey by the Canada Mortgage and Housing Corporation (CMHC).
The survey results also indicate that recent purchasers are knowledgeable about the mortgage process and their lender’s assessment of eligibility. For example, 86 per cent are of the view that the level of total housing and other monthly payments should generally not exceed 40 per cent of gross household income, which is in line with generally accepted mortgage lending practices.
The survey shows that recent purchasers are prudent mortgage managers. According to the survey, 75 per cent of purchasers have a goal to be mortgage free sooner than their original amortization. In fact, 20 per cent of recent purchasers report having made a lump sum payment to their mortgage.
Similar to CMHC’s last Mortgage Consumer Survey, the 2009 survey also indicates that Canadians continue to be well served by the mortgage industry, with 77 per cent of recent mortgage purchasers expressing satisfaction with the service received from their lender or broker.
Nevin Van Nest . Realtor . Royal LePage Foothills . Calgary Real Estate Resource Centre
Here are this weeks Calgary real estate statistics for June 1 - June 7, 2009. To view market details on individual Calgary neighbourhoods that you may be interested in please check out my Calgary Neighbourhood profiles page of the Calgary Real Estate Resource Centre. You can also look at past Calgary Week In Reviews to gauge how the real estate market is changing in Calgary. If you have questions feel free to leave me a comment on the blog or email me. I am alway glad to answer your Calgary real estate questions.
Weekly Absorption Unit Sales vs. Active Listings - Single Family & Condos
The below chart tracks the ACTIVE number of Calgary single family homes & condos for sale on the MLS, against the SOLD single family homes & condos for the mentioned week. This really gives buyers and sellers an accurate picture of the current inventory opposed to the the inventory that is selling.
Weekly Absorption Unit Sales vs. Active Listings - 30 Day Average
This chart is similar to the one above, but has all the inventory in Calgary listed together instead of separating the the single family homes and condos. These are the numbers you will often see from the Calgary Real Estate Board when they list total listing inventory opposed to the sold inventory. The SOLD numbers are also spread out over a 30 day average so it gives buyers and sellers a good overview of the Calgary real estate market.
Calgary MLS Average Weekly Sale Price Trend 2000 - 2008 vs. 2009
This specific chart tracks the average MLS sales price of Calgary single family homes and condos since the year 2000. The last number for the year 2009 represents the average sale price of a Calgary single family home and condo during the week mentioned.
Calgary MLS Average SOLD Price Week Over Week 2009 vs. 2008 - Single Family & Condos
The below chart tracks the weekly MLS SOLD prices of Calgary single family homes & condos and compares the data to the previous year of 2008. If you notice many of the weekly price trends are similar to the previous year with average sales price peeking close to the same time of the year.
Calgary MLS Sales Volume Week Over Week 2009 vs. 2008
This chart simply details the number of Calgary single family homes & condos sold in the week mentioned and compares the data to the previous year of 2008.