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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!

Wednesday, August 2, 2017

Calgary housing market continues slow recovery

Home sales were lower again in Calgary last month while prices continued to edge higher.

Data from the Calgary Real Estate Board shows 1,637 sales citywide, down 6% from a year earlier but year-to-date activity was 9% above the same period of 2016 with 11,957 units sold. •“Sales growth exceeded expectations so far this year. Clients were re-entering the market after delaying decisions until there were some signs of economic improvement,” said CREB® president David P. Brown.
Listings increased to 6,675 units, 4.68 months of supply, which is 17% above the level of July 2016.

Prices increased to a median $419,000 across the CREB region and the average price was $476,232. While edging higher, prices remain below the previous monthly highs.

“However, current inventory levels and changes in the lending market continue to weigh on housing demand. Easing demand growth combined with elevated levels of supply will slow the pace of price recovery in our market,” said CREB chief economist Ann-Marie Lurie.

MBN

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