Masse Sahar

City of Calgary, Jan. 4, 2022 Thanks to exceptionally high sales in December, 2021 was a record year for home sales. Calgary sales reached 27,686 units this year, nearly 72 per cent higher than last year and over 44 per cent higher than the 10-year average. Concerns over inflation and rising lending rates likely created more urgency with buyers over the past few months. However, as is the case in many other cities, the supply has not kept pace with the demand, causing strong price growth, said CREB Chief Economist Ann-Marie Lurie.

Addressing Attic Frost & Moisture Problems During colder months, there’s an increased risk of moisture within a home’s attic space. If given a pathway, warm, moist air finds its way into the attic and condenses before it’s able to exhaust through various venting systems. The harsh, cold temperatures turn this condensation into frost and, as weather warms up, the frost melts and can cause serious damage to the sheathing, roof framing, insulation and living space below.... As a homeowner, it’s also wise to perform your own visual inspection each winter. While we don’t advise that you climb into the attic and walk around, because it could be dangerous for anyone not familiar with the attic’s structural integrity, knowing how to detect attic frost and ventilation issues is helpful to protecting your family and home. A ladder and flashlight are the only devices you’ll need to conduct a quick attic check. Lift the attic hatch. The box frame around the hatch will likely show signs of frost or moisture problems if they exist. Next, shine your flashlight into the attic area to see if any frost, moisture or insulation problems present themselves. If you see any problems, contact your home inspector immediately to take a closer look and devise a plan to correct your home’s attic issues.

Congrats to my buyer! #yyc #realestate #RLP #royallepage

Calgary The aggregate price of a home in Calgary increased 9.9 per cent year-over-year to $572,200 in the third quarter of 2021. Broken out by housing type, the median price of a single-family detached home increased 11.3 per cent to $643,700, while the median price of a condominium increased 2.9 per cent to $225,800 during the same period. Sales activity remains high while inventory is low because as soon as good listings come on the market, they sell quickly. We haven’t s...een a September with sales as strong as this year since 2005, said Corinne Lyall, broker and owner, Royal LePage Benchmark. Inventory is only modestly outpacing sales and buyers are continuing to push themselves financially to be competitive and make the transaction. Lyall added that significantly low inventory in the entry-level market has put upward pressure on middle-market home prices. During the second quarter, we began to see much stronger demand for larger homes as entry-level home prices appreciated at a faster pace and this trend has continued through the third quarter. However, the first-time buyer market will likely continue to be the most active segment, added Lyall. As home prices increase at the lower levels, buyers are realizing that for only a relatively modest amount more, they can shop in a very different home category. Royal LePage is forecasting that the aggregate price of a home in Calgary will increase 8.0 per cent in the fourth quarter of 2021, compared to the same quarter last year. The previous forecast, released in July, 2021, has been revised upward to reflect the current state of the market. We are continuing to see buyers, especially young families, relocate from the GTA. If parents can do the same job or find a new career in Calgary, they will relocate for a better lifestyle. With half of what they would pay in the GTA, they can afford a large family home in a popular neighborhood, said Lyall.

As of August, the total residential benchmark price was $459,600, slightly lower than last month, but over nine percent higher than levels recorded last year. The price gains have ranged by product type, with the highest gains occurring in the detached sector of the market. : $, -:$, :$,... :$, See more

July sales totaled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has helped prevent any further monthly gains in inventory levels, and while overall supply remains slightly higher than last July, it’s mostly due to gains in apartment and row products. #yyc #royallepage #yycrealestate

Beautiful Townhouse in Mckenzie Towne just got sold! #yyc #royallepage

Beautiful semi-detached in West Hillhurst Great location with easy access to Crowchild and other major roads. Steps away from Kensington, Bow river, shopping, pathways & downtown. 1811 Sqft 9' ceilings 4 Bedrooms... 3 Full bathrooms Finished Basement A/C Royal LePage Solutions See more