Calgary Real Estate Blog

We all know that living in Calgary means that we see snow far ahead of winter’s official start, but that doesn’t mean we can’t get our house and garden winter ready come fall—we just have to schedule around the early snowfalls to get it done. Making those little adjustments and repairs before the full force of winter shows its head ensures that you have an energy efficient and less drafty house and that your garden, come spring is in the best condition possible for the new planting and growing season.

The number one thing to do to get your home winter ready is to check on the weather stripping around your windows. If you have some and it needs to be replaced, then replace it, and if you don’t currently have any but notice a draft then it’s time to

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Amazon Canada                           

(Photo credit: Amazon) 

It’s not every day that a major player like Amazon announces its plans for a second headquarters. Most companies, even the larger ones find one headquarters will suffice, so for Amazon to even consider spending the time and money in finding the right fit for a HQ2 is something rarely seen. Of course, Amazon is no regular company, having been founded in Seattle Washington in 1994 and starting out as an online bookstore. Today it is a giant electronic commerce and cloud computing company that is the largest internet based retailer in the world. In 2015 Amazon surpassed mega company Walmart as the most valuable retailer in the United States. It is the fourth most valuable company in the world and the

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Across the country, the luxury real estate market is that sector which deals with properties that have a list price of $1 million or more. Calgary has its fair share of homes that fit the bill, and 112 of them changed hands in July and August of this year. This number is on par with that of this time last year so it’s safe to say that the luxury home market is beginning to stabilize again after it took a beating (with the rest of the real estate market) several years ago.

So far this year, luxury home sales in Calgary is up 24% from last year with the only wrinkle being in the luxury condo sector which is sluggish with just two properties sold this summer, and the selling rate a third of what it was last year. There were a lot of these properties on

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Bigrock Brewery Barn Burner

(Photo credit Big Rock Brewery)                                         

Nothing says fall like pumpkins and crunching leaves underfoot. The kids are back in school, the weather is turning and the beautiful colours come out in all their splendour so it’s time to get out and celebrate another season in the city.

You may think that all the summer fun, the outdoor concerts, the hanging with friends and the fun times are over for another year, but although summer may be done, the fun continues, especially this September 16th where you can check out the Big Rock Brewery’s Barn Burner Concert. This outdoor event is headlined by Canadian bands The Sheepdogs, Scenic Route to Alaska and The Silktones and takes place at the brewery itself located at 5555

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(Photo of: http://www.calgaryrealestate.pro/listing/c4135670-346-2727-28-av-se-calgary-alberta-t2b-0l4/)

The beginning of September means back to school, the unofficial end of summer and of course, the housing stats for August courtesy of the Calgary Real Estate Board. Eight months into the year (and the books) and we find a growth in new listings in the city of Calgary. Because the new listings outpaced the number of sales, inventory didn’t take a nose dive which is a good thing. If you waited till now to start your hunt for the perfect place to call home, you still have plenty of choice across all sectors, and in all districts, especially if you are hunting for an apartment or condominium. The largest selection of properties for sale today sit in

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(Photo credit CIBC)          

The aim of any country and in fact many homeowners is to have a strong economy. We want our country’s economy to be strong and we also, on a smaller scale want our personal one to be strong as well. If you aren’t one for numbers however, finding out that the country’s economy will have a 3% growth for the year doesn’t sound like much, but in fact, this puts us into ‘rarefied territory’ and (if it happens like the analysists predict) it would end a five year stretch of our economy being under 3% growth.

While economists are predicting that we will see an expansion in the second quarter Gross Domestic Product at the same percentage pace that we recorded in the first three

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(Photo credit CREB: Download  CREB July 2017 Stats)

They say that summer is one of the best times to move house. If you are selling you want to list that house in the spring once the gardens start blooming and there is new life everywhere, and this way you can get the transaction completed and move in to your new place in the summer when the kids are on summer vacation, when the weather is nice and before the back to school hustle and bustle starts again. If you are buying the same thing applies; you will get that bug to move in the spring, and buying in the spring or early summer means that you too are settled way before fall begins.

Could this be the reason then why the CREB stats for July and the last couple of months have seen a

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145 Royal Oak Bay NW     

( Photo of 145 Royal Oak Bay NW. View more photos at: http://www.calgaryrealestate.pro/listing/c4124470-145-royal-oak-ba-nw-calgary-alberta-t3g-0a3/)                                               

Sitting close to the northwest edge of the city of Calgary is the community of Royal Oak. It was established as a community in its own right back in 1998 and is located close to the neighbourhood of Rocky Ridge. Royal Oak is an area filled with single family homes, townhouses and apartment buildings; it has its own schools, places of worship, shopping centers and restaurants and is a great place to raise a family. 

Royal Oak proper is bordered by Country Hills Boulevard to the North, Stoney Trail to the East, Crowchild Trail to the South and Rocky

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(Photo of 2853 42ST SW: http://www.calgaryrealestate.pro/listing/c4126427-2853-42-st-sw-calgary-alberta-t3e-3j5/ )                      

June marks the beginning of summer, the end of another school year and the half way point in the year. While it may be a bit of a shock to the system to realize that 2017 is already half over, those that crunch the numbers for the Calgary real estate markets take this opportunity to compare the first half of the year with that of last year and make predictions as to the state of the markets going forward.

In Airdrie for example, the total sales for the first half of the year were 703, and that is similar to last year. Total inventory of properties averaged 340 for January-June of 2017 which is

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(Photo of 54 Queen Anne Close SE: View more photos http://www.calgaryrealestate.pro/listing/c4122678-54-queen-anne-cl-se-calgary-alberta-t2j-6e5/)

Established as a community back in 1973 Queensland isn’t what you’d define as a ‘new’ place to call home and isn’t filled with all the bells and whistles that new communities tend to come with nowadays. Instead, it is nestled in the southeast of the city of Calgary and is bordered on the east by the Bow River and Fish Creek Provincial Park. The natural beauty of the area coupled with the proximity to the park and river itself make it a wonderful area to enjoy nature in the city.

Fish Creek Provincial Park is the second largest urban park in the country and one of the largest in all of North America.

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