City of Calgary, June 3, 2019 CREB Stata

Thursday, June 6, 2019Norm Rousseau

Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year.  Improving sales relative to inventory levels caused the months of supply to ease to just under four months. Capture





While still oversupplied, this is an improvement from the five months of supply recorded last May. Citywide sales in May totalled 1,921 units, 11 per cent higher than last year’s levels. However, sales remain 10 per cent below longer-term trends.

A brief summary of the real estate activity for May 2019

Thursday, June 6, 2019Norm Rousseauposted in CREB Market Statistics

Detached

• Detached sales in May totalled 1,182 units. This is a 12 per cent increase over last year, but still 13 per cent below long-term averages. The improvement in sales was driven primarily by gains in homes priced under $500,000. • Sales activity increased across most districts in May. However, year-to-dates sales have only increased in the East, South and North East districts of the city. Citywide sales remain one per cent lower than last year’s levels.Capture2

Time to check your deck

Friday, May 17, 2019Norm Rousseauposted in General

We pull this tip out every Spring because that is the time of year we are getting ready to start using our decks again. To avoid potential accidents you should be performing a quick check to make sure that your deck areas are still serviceable and safe for your family.

Check that they are securely attached to the house and are level. Check that the support posts under the decks are plumb. Over the winter months the wood and supporting beams may have deteriorated. Check for rotten boards and replace as required. It is not uncommon to need to re-level your decks in the spring.

In order to prolong the life of the wood, wash the deck to remove any mold or mildew, and apply water repellents or semi-transparent deck stain.

decks_trex_48ResidentialDecks11

Calgary Real Estate Board April Stats

Thursday, May 2, 2019Norm Rousseauposted in CREB Market Statistics

City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels. image







The decline in new listings was enough to start chipping away at overall inventory levels, which have eased slightly compared to last year.

WHAT IS RADON GAS in YOUR HOME?

Monday, April 8, 2019Norm Rousseauposted in General

WHAT IS RADON?

Radon is a radioactive gas that occurs naturally when the uranium in soil and rock breaks down. It is invisible, odourless and tasteless. When radon is released from the ground into the outdoor air, it is diluted and is not a concern. However, in enclosed spaces like homes, it can sometimes accumulate to high levels, which can be a risk to the health of you and your family.

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