CREBNow Nov 9, 2018

Page 1

nov 9 to nov 15 2018 issue 08-44 editorial 403.781.1349 advertisting 403.263.4940

real estate news from industry experts

MY FIRST HOME

See Ad on Pg

6

COCHRANE LISTINGS

Shelly Kramer 403-804-5609 shellykramer@ royallepage.ca

OCTOBER

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

CALGARY REAL ESTATE STATS HIGHLIGHTS

829 UNITS Detached sales in October totalled 829 units, for an 8.6-per-cent decline, resulting in a year-to-date decline of 15 per cent.

Calgary Flames great Lanny McDonald shares his story PAGE 3

$426,300 Citywide benchmark prices totalled $426,300 in October, trending down for the fifth consecutive month and resulting in a year-over-year decline of 2.9 per cent.

INSIDE S MORTGAGE PURCHASE PROTECTION: CMHC’ GE 4 PA NED LOAN INSURANCE EXPLAI CKS FIRST-TIME FINANCE: TIPS AND TRI 5 FOR NEW HOMEBUYERS PAGE OLOGY COCHRANE: WHERE HISTORY, TECHN 6 AND SCENERY MEET PAGE

PER CENT

Inventories and sales totalled

7,345 and 1,322 in

October. This has resulted in months of supply of 5.6, above levels typical for this month.

PHOTO COURTESY CALGARY FLAMES PHOTO ILLUSTRATION SARAH GILLMAN

GREAT PROPERTY TO HOLD FOR FUTURE DEVELOPMENT.

2.9

FULL STATS LIST: PAGE 8

• Currently generating a gross of $90,000.00 +/- on this 156-acre homestead in Rocky View County. • This 1600 sq.ft. traditional 2 story split country home with 4 bedroom, 2 baths and recent improvement. • The property can be continued to be operated as is with annual leases in place to provide annual income or take possession and operate for your personal use. • Outbuildings include heated detached garage, shop, lean-too, heated shop, machine shed and an airplane hangar (comes with a private runway previously used for light aircraft). $2,250,000 MLS®C4211251

MELODY ZONDAG 403.819.0003

mzondag@sutton.com

LEE RENNEBERG 403.650.0692

lrenneberg@sutton.com

LEO SCARCELLI 403.585.1341

leos@sutton.com


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