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Stories Tagged - starts
News
Sept. 18, 2020 | Mario Toneguzzi
Local homebuilders double down on digital as COVID-19 challenges continue
Calgary's new-home construction market has been challenged this year due to the COVID-19 pandemic. Year-to-date, up until the end of August, there were 5,400 total housing starts in the Calgary census metropolitan region compared with 6,400 for the same period in 2019.
Homebuilders across the city have adopted new health and safety protocols for potential homebuyers when they are searching for a home. They've also upped their game when it comes to their digital presence.
Homebuilders across the city have adopted new health and safety protocols for potential homebuyers when they are searching for a home. They've also upped their game when it comes to their digital presence.
News
Jan. 13, 2015 | CREBNow
Bringing the balance
Equilibrium coming to Calgary's housing market in 2015 says annual forecast
The New Year is set to bring some balance to Calgary's housing market, meaning more choice for buyers.
"With more supply in the market expected this year, buyers will likely have more alternatives in all price ranges," said 2015 CREB® president Corinne Lyall. "It's a nice scenario for buyers, but it also means sellers will likely have to adjust their price expectations and be realistic about the amount of time their home will be on the market.
"A REALTOR® can help navigate market conditions and real estate options, which are always unique to each customer," she added. "While challenges in the market can raise concerns for purchasers and sellers, it really comes down to their personal situation and knowing what's right for them. Real estate truly is local."
The New Year is set to bring some balance to Calgary's housing market, meaning more choice for buyers.
"With more supply in the market expected this year, buyers will likely have more alternatives in all price ranges," said 2015 CREB® president Corinne Lyall. "It's a nice scenario for buyers, but it also means sellers will likely have to adjust their price expectations and be realistic about the amount of time their home will be on the market.
"A REALTOR® can help navigate market conditions and real estate options, which are always unique to each customer," she added. "While challenges in the market can raise concerns for purchasers and sellers, it really comes down to their personal situation and knowing what's right for them. Real estate truly is local."
News
June 10, 2014 | CREBNow
CMHC releases May housing start numbers
Trend in total housing starts in Calgary declines in May
In a release from the Canada Mortgage and Housing Corporation (CMHC), housing starts in the Calgary Census Metropolitan Area were trending at 15,776 units in May compared to 17,239 in April. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.
In a release from the Canada Mortgage and Housing Corporation (CMHC), housing starts in the Calgary Census Metropolitan Area were trending at 15,776 units in May compared to 17,239 in April. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.
News
June 04, 2014 | CREBNow
Record-setting May
Residential sales for last month, highest ever recorded in Calgary
Calgary's residential housing market continued its upward surge last month with a record-setting May that saw a 16 per cent increase in sales.
A combined 2,948 single- and multi-family homes switched hands last month, compared with 2,535 in May 2013. This year's total represents the most sales in May in Calgary's history.
Calgary's residential housing market continued its upward surge last month with a record-setting May that saw a 16 per cent increase in sales.
A combined 2,948 single- and multi-family homes switched hands last month, compared with 2,535 in May 2013. This year's total represents the most sales in May in Calgary's history.
