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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, September 19, 2017

Calgary luxury market shows some improvement but condos lag

Luxury homes in the Calgary area have shown some positive signs in recent months as the region begins to adapt to the lower-oil-price environment.

Figures from Sotheby’s International Realty Canada show that 112 homes were bought in Calgary between July and August with a price tag of at least $1 million; that’s roughly in line with the same period of 2016.

However, the market is split with single-family homes in the luxury sector stabilizing while high-end condo sales slipped to just 2 sales over the summer compared to three times as many a year earlier.

“I think we’re seeing a fundamental shift in the Calgary market right now,” he said. “Buyers don’t want to pay those old prices and sellers aren’t racing to new price ranges, so there’s a mismatch between the two,” Sotheby’s International Realty Canada CEO Brad Henderson told the Calgary Herald.

Elsewhere, Montreal saw a 60% surge in luxury sales while Vancouver showed a slight increase and Toronto slipped back.

MBN

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