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Creb | Crystal Ball Predictions For Calgary Blog

Wednesday, March 17, 2021   /   by Chris Matlashewski

It Depends: St. Patrick's Day Edition 2021

It Depends: Our St. Patrick's Day mid-month update, breaking down all styles, days on market and how the needle for median price has moved. Find out if it's time for you to buy or sell.

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  real estate, calgary, canada, alberta, investment property, income property, real estate tips, first time home buyers, economy, selling real estate tips, selling your home, condo, single family, townhome, forecast, calgary real estate board, creb, mortgage, covid-19, chestermere, cochrane, okotoks, airdrie

Monday, February 8, 2021   /   by Chris Matlashewski

It Depends: February 2021 Market Trends

This month we are dissecting how Calgary's residential market, along with the surrounding areas: Airdrie, Cochrane, Chestermere, and Okotoks, are coming out of the gate in 2021. We dive into how different styles of homes: Single Family, Semi-Attached, Row and Apartment, are doing year over year and look at what districts are performing and which are not. We also talk about economic variables that may help or hinder the recovery in Calgary and Alberta's economy. (Oil cresting over $60/barrel, interest rates under 1.4%, drop in inventory levels, potential job losses with increased M&A, first time buyers, long term change of working from home, and government support.)

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  real estate, calgary, canada, alberta, investment property, income property, real estate tips, first time home buyers, economy, selling real estate tips, selling your home, condo, single family, townhome, forecast, calgary real estate board, creb, mortgage, covid-19, chestermere, cochrane, okotoks, airdrie

Thursday, January 7, 2021   /   by Chris Matlashewski

Why January 2021 is the Best Time to Buy Your Home

Calgary's Real Estate performance increased sales for the second half and almost offset initial sluggish sales from the first half of 2020. Three variables:
1. Low interest rates
2. Reductions in the supply of homes for sales, and
3. Home prices below the long term average
are contributing to a balanced market and even favouring the seller in some communities.
In this video we are sharing which districts are performing well, which styles of home are popular, what supply is doing to prices, and concluding with a look at the performance of towns outside of Calgary.
Take a look at the latest statistics: ...

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  real estate, calgary, canada, alberta, investment property, income property, real estate tips, first time home buyers, economy, selling real estate tips, selling your home, condo, single family, townhome, forecast, calgary real estate board, creb, covid-19, airdrie

Thursday, January 7, 2021   /   by Chris Matlashewski

It Depends: New Year's Edition 2021

Calgary's Residential Real Estate Market performance in the second half: an increase in sales just about offset the initial impact to the start of the year. Interest rates are low, reductions in supply and home prices are still below the long term average, all leading to balanced market conditions and a seller's market in some areas. Detached sales were strong, with over 10,000 sales in Calgary. The semi-detached market has sales and lack of supply is starting to affect home prices. The biggest surprise was the apartment sector. The best month in sales since 2014, but still 10% off pace since the beginning of the year. Outside of Calgary, Airdrie, Chestermere, Cochrane and Okotoks all have very low inventory levels, and have seen an increase in home prices across the board. Thinking about making a move, be sure to call us for the inside track on the style of home and community activity to ensure you maximize your value. ...

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  real estate, calgary, canada, alberta, investment property, income property, real estate tips, first time home buyers, economy, selling real estate tips, selling your home, condo, single family, townhome, forecast, calgary real estate board, creb, mortgage, covid-19, chestermere, cochrane, okotoks, airdrie

Thursday, December 3, 2020   /   by Chris Matlashewski

It Depends: December Real Estate Update

This month, we are breaking down economic variables in Alberta and how that is affecting prices for real estate in and around Calgary. Looking at prices, areas, and styles of homes, and talking about how supply levels are affecting demand. We are also looking at the following neighbouring towns/cities; Airdrie, Okotoks, Chestermere and Cochrane, and looking at how these communities are faring as we round out 2020. So is this the time to sell? With inventory levels in some communities down as much as 50%, you may be able to get your price. And if you are a buyer, is now the time to buy or should you hold off? We talk about all of this, and why December and January are the best months to drive a bargain. Want to get dialed in? Call us. We'll get you sorted.
Note: Slight Correction, the deficit is slated to be over 23 billion dollars. ...

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  real estate, calgary, canada, alberta, investment property, income property, real estate tips, first time home buyers, economy, selling real estate tips, selling your home, condo, single family, townhome, forecast, calgary real estate board, creb, mortgage, covid-19, chestermere, airdrie, cochrane, okotoks

Royal Le Page Mission
Chris Matlashewski
107, 2915 21 St. NE
Calgary, AB T2E 7T1
403-809-3523

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