Calgary’s warm weather is pushing up more than daisies this spring. Home buyers appear to beating a steady path to Calgary in search of new employment and the new optimism in Alberta’s economy is providing traction to our real estate sector. Last month, single family home sales increased 17% over March 2011 and Condo sales…
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About the MLS® Home Price Index The MLS® Home Price Index (HPI) provides time-related indices on residential housing markets of participating real estate boards in Canada. The MLS® HPI is the best and purest way of determining price trends in these markets. Pioneered by the real estate boards of Calgary, Fraser Valley, Greater Montreal, Greater Vancouver, and…
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Home sales in the City of Calgary are off to a cautious start in January 2012, according to figures released today by CREB®. While the year-over-year volume of residential sales in the City of Calgary dropped, the available inventory homes declined even faster in January 2012 which points to a more balanced market ahead. While the current market…
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According to figures released todayby CREB® (Calgary Real Estate Board), Calgary residential sales in 2011 increased eight per cent over last year, with 18,568 sales for 2011 compared to 17,267 in 2010. Sales activity was tepid in the first half of the year, however, early improvement in employment and migration resulted in a pickup in…
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According to figures released today by CREB® (Calgary Real Estate Board), residential sales surged in the month of June 2011 to 1,953 units.  While this indicates a third more sales than June 2010, the year-to-date increase proved a moderate 2 per cent.   The single family market has shown signs of improvements throughout the first half…
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According to figures released by CREB® (Calgary Real Estate Board), Calgary home prices remained stable, recording a moderate growth in average price.  While the City of Calgary, year-to-date sales volume declined by 6 per cent compared to the first four months of 2010; the decline was offset by the 14 per cent decline in listings…
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Single family home sales in the first quarter of 2011 showed a 4 per cent increase over 2010.  Average single family home prices remained stable compared to the first quarter of last year, as people continue to purchase more homes at the lower end of the price spectrum.  The rise in sales has been offset…
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The US Real Estate Market could witness the greatest transfer of wealth in our lifetime. Given this possibility we thought we should investigate further, so we toured Scottsdale Arizona to review a real estate fund intending to invest in Arizona residential real estate. The plan is to purchase single-family properties using (proprietary) best  practices and…
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This is a must have for anyone interested in staying aprised of the real estate market. Anyone with an iphone now has real time access to local listing information of any home listed on the Realtor.ca website. The application uses your smart phone’s GPS to determine your location and queries Realtor.ca for listings within the…
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Last year we hiked the Ancient Inca Trail to Vilcabamba and ultimately visited Machu Pichu, the ancient  capital of the Incas. We discovered that hiking over the six days at 4,000 meters altitude offered challenges that only the ancient tradition of chewing coca provided relief from, as well as strength to endure the climb.

Sacred Traditions don’t often come to the table for debate. Once in awhile they do, and with proper information and clarity of mind you are able to progress past entrenched traditions and practice good governance. Last week Calgary Real Estate Board (CREB) directors made such a decision for their members.

Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious, despite signs of economic recovery.  Year-over-year sales also continued to trend lower in the month of October, according to figures released today by the Calgary Real Estate Board. Buyers remain cautious and the market overall…
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After a gradual climb back up, the Calgary real estate market is poised to wipe out any gains  made earlier in the year. According to figures released today by the (CREB®) Calgary Real Estate Board, sales in the city of Calgary continued to trend lower in August down 32% for single family homes from a…
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While folks are out sizzling steaks in the backyard this summer, that sizzle appears to be absent thissummer from the Calgary real estate market. The Calgary Real Estate Board released their July statistics which showed the number of single family sales in July 2010 down 45% from the same time last year, while condominium sales…
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Waking up from a winters hibernation, sales of upper end homes appear brisk in the wake of an overall market slow down. Favorable mortgage rates and incentives coupled with affordable price fuelled the Calgary real estate market early this year. But after favorable mortgage incentives expired, the resultant buyers rush dried up and the listings…
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