City of Calgary, Dec. 1, 2021 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

“Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” said CREB® Chief Economist Ann-Marie Lurie.

“At the same time, supply levels have struggled to keep pace, causing tight conditions and additional price gains.”

New listings in November totalled 1,989 units, which was fewer than the number of sales this month. With a sales-to-new-listings ratio of over 100 per cent, inventory levels dropped to 3,922 units and the months of supply dipped below two…

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Nancy Duong - MaxWell Progressive (Windermere)
Kelly Anne Featherstone - MaxWell Elite
Jonathan Legault - MaxWell Polaris
Byron Scheuer - MaxWell Polaris
Stephanie Zemunovic - MaxWell Devonshire Realty
Durgesh (Doug) Vavilala - MaxWell Capital Realty
Geet Gumber - MaxWell Capital Realty
 Balwinder Dhillon - MaxWell Polaris
Kareen Enciso - MaxWell Canyon Creek
Stefan Radovanovic - MaxWell Polaris
Yoseph Yisak - MaxWell Devonshire Realty

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Happiness is banking with ATB.

Rob Roach, ATB Economics | November 25, 2021

   

Moving ahead: Alberta’s economy in 2022

Released this morning, ATB’s latest provincial economic forecast shows that we have come a long way from the early days of the pandemic when GDP activity was in free fall, unemployment was spiking and rumours of a decade-long economic collapse were circulating. From masks to vaccines, we are now able to keep most parts of the economy open most of the time.

With that said, the pandemic is not over and it remains a drag on growth (especially in poorer countries and in…

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As you may know, a fresh coat of paint is an inexpensive way to make your home look great to buyers. But what if you don’t have time to paint the entire place? Here are three areas you should prioritize—and one you can potentially ignore. 

1. Rooms with bold colours 

A red bedroom and orange walk-in closet likely won’t appeal to everyone! Replacing personalized colours with a neutral colour scheme will present buyers with a “blank canvas” to which they can add their own personal touch. 

2. Kitchen 

When buyers view your home they linger in the kitchen, which makes it a key selling point. A new paint job will instantly make the space look cleaner and more inviting.  

3. Interior doors 

These become worn due to being touched multiple…

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There is a lot of controversy out there about having a realtor represent you when buying a brand new home. I am here to state the facts. 

1. Having representation brings my price point up. MYTH - Not only can I negotiate on your behalf to make sure you are getting the best deal, commissions that builders pay to agents comes from a completely separate budget and has nothing to do with the purchase price. 

2. Having representation is more beneficial when the realtor has knowledge and experience in new homes. TRUTH - As someone who has worked in new home sales, I can sort through the competition, make sure you are getting the best quality, and save you time and money in the process. 

3. Having representation does not offer any additional protection.…

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Remembrance Day

Remembrance Day is a memorial day observed by Canadians and other members of the Commonwealth since the end of the First World War in order to remember all those who have fought and died in the line of duty to keep us free.

TaraKennedy_RemembranceDay

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