City of Calgary, Dec. 1, 2021 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

“Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” said CREB® Chief Economist Ann-Marie Lurie.

“At the same time, supply levels have struggled to keep pace, causing tight conditions and additional price gains.”

New listings in November totalled 1,989 units, which was fewer than the number of sales this month. With a sales-to-new-listings ratio of over 100 per cent, inventory levels dropped to 3,922 units and the months of supply dipped below two months.

It is not…

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JUST LISTED

265135 Symons Valley Road, Rocky View County

Visit here for full listing details: https://www.peshketeam.com/listing-pwmls/a1162468-265135-symons-valley-road-rural-rocky-view-county-alberta-t4b-4r9/

$1,200,000 MLS A1162468

2 bedrooms

1 full baths

Call/text Yasin @ 403-681-0319 for more info or to book your showing 

53 Acres with absolutely stunning mountain views. There is a modern 2005 log home that is open concept with 2 bedrooms, 2 bathrooms plus loft space. This home is in floor heated, has vaulted ceilings and has huge west facing windows. Fantastic location on the corner of Symon's Valley Rd & Big Hill Springs Rd with great Hi-Way frontage.

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JUST LISTED

21045 Big Hill Springs Road, Rocky View County

Visit here for full listing details: https://www.peshketeam.com/listing-pwmls/a1162491-21045-big-hill-springs-road-rural-rocky-view-county-alberta-t4b-4r9/

$950,000 MLS A1162491

2 bedrooms

1 full, 1 half baths

35x105 Machine Shop

Call/text Yasin @ 403-681-0319 for more info or to book your showing

The home is a 1023sq, 2004 Modular with a 35x105 Machine shop. There is a surface lease in place ($4500 annual). Stunning mountain views! Great investment property with excellent business potential. Must see!

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As you may know, a fresh coat of paint is an inexpensive way to make your home look great to buyers. But what if you don’t have time to paint the entire place? Here are three areas you should prioritize—and one you can potentially ignore. 

1. Rooms with bold colours 

A red bedroom and orange walk-in closet likely won’t appeal to everyone! Replacing personalized colours with a neutral colour scheme will present buyers with a “blank canvas” to which they can add their own personal touch. 

2. Kitchen 

When buyers view your home they linger in the kitchen, which makes it a key selling point. A new paint job will instantly make the space look cleaner and more inviting.  

3. Interior doors 

These become worn due to being touched multiple…

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Imagine a kid running a lemonade stand. He’s selling his product for 25 cents a cup. He’s doing okay. Sales are good. Then someone comes up to his stand and says, “I’ll give you 50 cents for a cup. But, I don’t have the money right now. Give me the lemonade and I’ll pay you later.”

Should he take the deal?

Chances are, you’d advise against it. After all, just because the price is high — in this case, double — doesn’t mean the offer is a good one. There’s a chance the customer won’t come back with the promised 50 cents!

That’s a simple example but applicable when considering multiple offers for your home. Yes, the offer with the highest price is often the one to accept, but there are situations when that’s not the case.

For example, you…

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Thank you to our clients for helping us once again to be the 2nd top team in our office. We appreciate you all!

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JUST LISTED! OPEN HOUSE SUNDAY, OCT 24th, 2-4 PM 261213 Valley View Road, Rocky View County View the video here: https://www.youtube.com/watch?v=n333Lw216gw Visit here for full listing details: https://www.peshketeam.com/.../a1154177-261213-valley.../ $850,000 MLS A1154177 3 bedrooms 2 full, 1 half baths 2 car garage Call/text Yasin @ 403-681-0319 for more info or to book your showing 9.29 acres within just a few short mins to NW Calgary! This is the ideal location to enjoy all of Calgary's amenities while enjoying country living with stunning views overlooking Symons Valley Road! Fully finished 1288 sq ft walkout bungalow with another 1203 sq ft down plus a double 24x24 detached, heated garage and a…

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City of Calgary, Oct. 19, 2021 –

For the full report, please download CREB®'s Q3 2021 Calgary & Region Quarterly Update Report here.

The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014.

Much of the strength in demand was likely driven by the low-lending-rate environment and increased savings among those whose incomes were not impacted by COVID-19 shutdowns.

"Sales have slowed from the record pace seen earlier this year, but some of this slowdown was likely related to limited improvements on the supply side of the market," said CREB® Chief Economist Ann-Marie Lurie.

"Supply-demand balances improved for buyers compared to what we…

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