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Built In Calgary Real Estate News Blog

Tuesday, February 14, 2017   /   by Chris Matlashewski

Wildcards That Could Effect Calgary's Housing Recovery for 2017

1)      If you are looking at Calgary's real estate market and trying to Strategize: Is this the time to buy or sell, you need to look at the facts and peel the onion, in order to truly understand how this ride is going to play out. Here are 7 wildcards that could affect our the demand and in turn the price of homes.

1)      Price of Oil (Pretty Obvious)

2)      Price of Natural Gas- Elimination of coal plants, will necessitate the need to look elsewhere for heat.

3)      New Carbon Tax - Taxing on citizens? It may be more expensive to live, preventing renters from saving to buy their first home. (Side note: Canada one of the lowest emitter's globally)

4)      Policies and Politics - Our dollar is currently weakening. Yes weakening. The Canadian Economy is not strengthening to the US is, The US currency is losing ground against other nations. ...

  calgary, real estate, economy, forecast

Friday, February 3, 2017   /   by Chris Matlashewski

If Location is the Most Important When Considering Real Estate, The Greenline Will Get You There

When considering where to buy real estate in Calgary, look to where the future L.R.T. Stops are going to be situated. Next Stop Green Line. Millennials are driving less and less with a emphasis on ease of commute and being close to amenities. Comparing property values around transit stops to those further than 800 metres. We see a strong correlation. Click GREENLINE LRT ...

  calgary, real estate, greenline lrt

Tuesday, January 24, 2017   /   by Chris Matlashewski

Crystal Ball Predictions For Calgary's Real Estate Market 2017

The Calgary Real Estate Board recently held its annual forecast breakfast with predictions for the 2017 housing market. Here are the top 5 factors in which to focus
1) Modest Rebound:  With declines in total number of sales the past three years, the forecast is for the Calgary market to rebound, if ever so slightly, in 2017.  Sales in every quadrant and market segment is predicted to reach 18,335 (up from 17,809 in 2016) which is approximately a gain of 3%.  A gain over last year but still 12% below the 10-year average.  Specifically, single-family unit numbers should hit 11,550 – attached units and condos 4,002 and 2,783.

2) Price Growth:  Small as it may seem, CREB® projected 0.3 per cent price growth for 2017 follows a much more significant decline in 2016 (3.84 per cent). CREB® credits overall growth to Calgary’s detached sector, where prices are expected to grow by 0.8 per cent. Prices in the city’s attached sector are predict ...

  calgary, economy, forecast, real estate

Comox Realty Group Inc.
Chris Matlashewski
5718 1a St SW #203
Calgary, AB T2H 0E8
403-809-3523

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