CREBNow Aug 9, 2019

Page 1

aug 9 to aug 15 2019 issue 09-31 editorial 403.781.1349 advertising 403.263.4940

real estate news from industry experts

JULY To read the full statistics package for Julyt, go to creb.com

CALGARY REAL ESTATE STATS HIGHLIGHTS Aly Velji

Bryan Baeumler

Martin Gelinas

Joel Otto

Theo Fleury

Bob Dhillon

Craig Conroy

Brett Wilson

MY

Lanny McDonald

Manjit Minhas

$500,000

Detached: Year-to-date sales for product priced below $500,000 have improved by 11 per cent compared to last year, while sales over $500,000 have declined by nearly 16 per cent.

‘‘

FIRST

WE ARE STARTING TO SEE REDUCTIONS IN SUPPLY ACROSS THE RESALE, RENTAL AND NEW-HOME MARKETS,”

HOME Read about the humble beginnings of first time home ownership for these past, present and guest Calgarians on pages 3 to 8

4

ANN-MARIE LURIE

CREB® CHIEF ECONOMIST

MONTHS

For the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings.

FULL STATS LIST: PAGE 9

ILLUSTRATION BY HALEY STEEL / CREB®NOW

Condo Living in Varsity Walk to UofC

$249,900 322, 3111 - 34 Avenue NW

Spacious 1 bdrm / 1 bath U/G parking, balcony MLS C4253524 ®

Groves of Varsity

Groves of Varsity

$729,900

$880,000

kirbycox.com

605, 32 Varsity Estates Ci NW 903, 32 Varsity Estates Ci NW

Upgraded 2 bdrm / 2.5 bath U/G parking, balcony, A/C MLS C4254691 ®

Upgraded 2 bdrm + sunroom U/G parking, A/C, 2.5 baths MLS® C4252816

#1 Team in Alberta for Royal LePage in 2018 403.247.5555


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