Industry Update - March 2014 [Video]

"Conditions Continue to Favour The Seller "CREB® Industry Update - February 2014 "Positive Start to The New Year "Single Family Shortage "Sales Growth Boosted By Condominium Activity "In High Demand "Q&A with CREB® chief economist Ann-Marie Lurie CREB® chief economist Ann-Marie Lurie expects the market to turn around in 2017, but doesn’t expect conditions to return to long-term trends. Photo by Adrian Shellard/For CREB®Now "2016 year in review While final numbers have yet to be reported, CREB® expects Calgary’s housing market to have behaved by year’s end as first forecasted. At the end of November, sales in the city had declined by slightly more than six per cent, while benchmark price had fallen just under four per cent to $333,318. CREB®Now photo "November sales slide into old patterns Year-to-date detached sales have declined by three per cent compared to last year, said CREB®. CREB®Now file photo "55 Years of Calgary Real Estate: 2012 CREB® President Bob Jablonski Bob Jablonski, who coached baseball for 17 years, said his motivation to become CREB® president in 2012 stemmed from his desire to make a difference. Photo by Michelle Hofer/For CREB®Now "Home sales rebound in October "55 Years of Calgary Real Estate: 2009 CREB® President Bonnie Wegerich Bonnie Wegerich, who spent most of her real estate career working in Airdire, recalled 2009 being a challenging year for the Calgary and area's housing market. But she also remembered a sense of momenteum during her year as CREB®'s president. Photo by Michelle Hofer/for CREB®Now "Goodbye YVR, hello YYC? CMHC’s Richard Cho said that foreign investment still represents just a sliver of Calgary’s total residential housing market, even though it has increased from 0.2 to 1.1 per cent in just over a year. Photo by Wil Andruschak/For CREB®Now "Detached prices stabilize in soft market: CREB® CREB®Now Archive "55 Years of Calgary Real Estate: 2015 CREB® President Corinne Lyall Corinne Lyall said changing market conditions benefited the buyer when she was CREB® president in 2015. Photo by Michelle Hofer/For CREB®Now "Mirror image Still buzzing with plenty of activity in new-home construction, Airdrie sales activity slowed in 2016 but hasn’t dropped compared to five-year averages. Photo by Carl Patzel/For CREB®Now "Five things about CREB®'s Mid-Year Forecast "55 Years of Real Estate: 2014 CREB® president Bill Kirk Bill Kirk said despite signs of change on the horizon, Calgary’s real estate industry enjoyed a robust year in 2014, with sales increasing by double digits. Photo by Michelle Hofer/For CREB®Now "55 Years of Real Estate: 2013 CREB® Past President Becky Walters Becky Walters, who retired from real estate in 1995 and moved to Vancouver Island, said it has been “quite an adjustment” leaving the business. Photo courtesy Becky Walters. "55 Years of Real Estate: 2011 CREB® president Sano Stante Sano Stante recalls secondary suites as being one of the top issues to come up during his CREB® presidency in 2011. Photo by Michelle Hofer/For CREB®Now "Dissecting housing demand indicators Often-overlooked statistics such as months of supply and sales-to-new-listings can be key indicators of what's really going on in the housing market, says CREB® chief economist Ann-Marie Lurie. CREB®Now file photo. "Cool runnings "Location variation "Housing prices trend down in March: CREB® "Taking Inventory "Morning News Rundown Morning News Rundown "A 'Well-Positioned' Market "Morning News Rundown Morning News Rundown "Tight Market Conditions Support Price Growth "2014 Expected to Bring More Growth to Housing Market "Morning News Rundown Morning News Rundown "Looking Up "Price Gains Encourage New Listings Growth "September Sales Stay Strong "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Summer Sales Stay Strong "Morning News Rundown Morning News Rundown "Strong Sales Growth in July