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Stories Tagged - Home Sellers
News
Nov. 13, 2015 | Joel Schlesinger
A spot on investment
Parking stalls becoming key bargaining chips in a buyers' market for apartment condos
Parking is at a premium in Calgary's inner city.
Granted, that's not new news. But its impact on the local resale residential housing market is now making waves, especially as a bargaining chip for sellers in the beleaguered apartment-style condominium sector.
Benchmark prices in Calgary fell overall by 0.7 per cent in October compared with the month before, and 1.2 per cent from October the previous year, according to CREB®'s most recent monthly housing summary.
The steepest decline, however, was in the apartment condo sector where the benchmark price fell 0.8 per cent to $288,300 and four per cent from October 2014. CREB® attributed the decline to a corresponding increase in months of supply, which approached six months. In other words, more supply created a downward pressure on prices.
Parking is at a premium in Calgary's inner city.
Granted, that's not new news. But its impact on the local resale residential housing market is now making waves, especially as a bargaining chip for sellers in the beleaguered apartment-style condominium sector.
Benchmark prices in Calgary fell overall by 0.7 per cent in October compared with the month before, and 1.2 per cent from October the previous year, according to CREB®'s most recent monthly housing summary.
The steepest decline, however, was in the apartment condo sector where the benchmark price fell 0.8 per cent to $288,300 and four per cent from October 2014. CREB® attributed the decline to a corresponding increase in months of supply, which approached six months. In other words, more supply created a downward pressure on prices.
News
Oct. 04, 2012 | CREBNow
Improving Sales Activity
Residential sales activity continues to improve in Calgary, as year-over-year sales for the month of September increased by 11 per cent.
After the first three quarters of the year, residential sales within Calgary limits totaled 17,018, a 15 per cent increase over 2011, painting a different picture than the national real estate market.
After the first three quarters of the year, residential sales within Calgary limits totaled 17,018, a 15 per cent increase over 2011, painting a different picture than the national real estate market.
News
Sept. 11, 2012 | CREBNow
What Can You Expect From CREBNow?
CREBNow has officially launched, we have been putting up some content that hopefully you are finding interesting and useful, and we are excited about what he have planned. As our hub of information grows we aim to provide you detailed and informative information about what will likely be the largest investment you ever make, in more ways than one.
