Perfect home with the perfect location! The 'Vernon' design is ideal for a family that desires space and design functionality. Located in the heart of Aspen your growing family will enjoy proximity to downtown (15mins) mountains (45mins) and seconds to amenites. This 2storey features hardwood and tile flooring throughout, wood spindle rail, 9' ceilings on the basement and main floors, deck, knockdown textured ceiling, upgraded lighting, upgraded plumbing fixtures. The kitchen features a wonderful kitchen design with a wonderful array of cabinetry, a large island with granite counter tops and a formal dinning room . One will be delighted with the spacious children's bedrooms,dream sized master bedroom,spa ensuite complete with large shower large soaker tub and his/her sinks. Welcome to your new home!

Located in the desirable community of Dalhousie is this lovely 4 bedroom semi-detached bi-level that is in amazing condition and has been lovingly maintained over the years. R-C2 zoning provides exceptional opportunity for the first-time home buyer, or investors. 2 sizeable bedrooms are on the upper level featuring the large kitchen with plenty of counter space, white cabinetry, and a large dining nook overlooking the sunny Southwest facing balcony. Adjacent to the kitchen is the family room with tastefully selected hardwood flooring and neutral décor. Completing this spacious and bright floorplan is a 4pc bathroom and upgrade lighting fixtures. 2 more bedrooms and another full bath are downstairs that allows an abundance of natural lighting through the large transitional windows. This level can easily be transformed into revenue generating lower living quarters with plenty of room to add a kitchen and dining nook beside the family room with wood burning fireplace. The professionally influenced designed private outdoor space is fully fenced, landscaped and is ideal for entertaining on those hot summer evenings. Additional storage is available in the shed and single car garage…you can park your second vehicle or small RV in the enclosed parking pad. This home is ideally positioned in the community and is a close walk to the LRT, shopping, prestigious schools, restaurants, coffee shops, and quick and easy access to the U of C, Foothills, and Children’s hospitals. New energy efficient windows were installed in 2006 and the roof was resurfaced in 2010.

• If conditions in the energy sector get worse, this could have downside risk on confidence, employment and wages, creating persistent oversupply and steeper-than-expected price declines in the housing market.

• Signs of supply adjustments are present in the market. If the downside risk is averted, then the amount of oversupply should start to ease by the end of the year. • Unless the Canadian economy underperforms, further rate increases are expected in 2019. This will impact housing demand

• If new-home inventories and product under construction do not ease, this will prolong buyers’ market conditions in the housing market.

• Provincial and federal elections could result in changes to government spending, policies and confidence in the market.

• For those considering ownership, further resale price declines can make the resale market more attractive to purchasers compared to new homes.

The challenging economic climate in Calgary is expected to persist into 2019. While there was some evidence of stabilization in the energy sector in early 2018, issues surrounding the price differential of oil, falling global prices, a lack of market access and ability to attract investment are placing current and future growth at risk. The economic impact of recent events is not expected to translate into another recession in 2019. However, it will impact employment opportunities, consumer confidence and the housing market.

On top of energy sector concerns, we are in an environment of stricter lending conditions and higher interest rates. The Canadian economy is growing, supporting further expected gains in interest rates in 2019. Higher rates and stricter requirements come at a time when the Alberta economy still struggles with employment and wages. With further rate increases expected in the second half of 2019 and no significant improvements in the job market, resale sales activity is forecasted to remain low compared to historical standards.

Please read the full report here.

Beautiful 2 storey built by Jayman, over 2050 square feet shows like a new home. NEW PAINT, NEW HARDWOOD FLOOR. 9 foot ceiling on main level, hardwood floor through out on the main floor and upper level. Maple kitchen cabinet with granite countertop island and raised eating bar, spacious eating nook, huge Great Room withcorner fireplace, Bonus Room upstairs with bay window, built-in bookshelves in hallway. 3 bedrooms up, Master bedroom with deluxe Ensuite bathroom, soaker tub and separate shower, walk-in closet. Fenced South backyard with big deck and NEW SOD, Energy saving technology include high efficiency furnace, direct vent water heater,thermal insulation, improved air quality and comfort, save much on your utility bills. Great location, walking distance to all amenities, such as Cardel Place, Super store, Theatre and all kinds of stores. Make it your new home today!

Welcome to 2014 Cardel Built Masterpiece, which is FULLY LOADED with incredible upgrades. The main floor invites you w/ Gorgeous white 2x2 marble tile flows through w/9FT knockdown ceilings. The main floor includes private Den, Large Living room, Spacious Dining area, bathroom and mud room. The Gorgeous kitchen, which is every women’s dream offers tons of upgrades (Island gas range, built in oven/microwave, center hood fan), extended dark cupboards and rich Granite countertops. Head upstairs past the upgraded spindle railings to 3 spacious Bedrooms including Master Bedroom , laundry (w/ option to convert in prayer room) + Large bonus room layout. The Master Bedroom ensuite is truly an oasis! Walk in closet, Extended His/Her sinks with tile surround Standup shower and Jetted super soaker tub! Unfinished Walk-Up Basement w/ 9’ ceiling has side entrance for your creative ideas. You'll love the incredible detail this home has to offer! Ideally located close to all amenities.

An excellent location in Dalton Mews! Ideally located 2 storey end unit townhouse in Dalton Mews at an Affordable price. Perfectly situated in Dalhousie. Walking distance to the C-Train, shopping, schools and recreation. Close to University, Foothills & Children's Hospitals. Newer roof, newer windows and exterior painting have been done in past couple of years. Interior is also freshly painted. Upper level features three bedrooms and main 4 piece bath. Main floor living room, dining room and kitchen have ample living spaces. Basement is partly finished and could have numerous uses. Fenced west front yard has a nice patio area. Comes with one assigned parking space with plug in. These units don't come up often and do not stay on the market long...act quickly.

Great location! 150 metres walking distance to green line 301, bus station, T & T shopping centre. Lots of upgrades include garage built 2015, furnace installed 2011, new appliances in 2014, A/C, vacuum system roughed in. Wonderful double master plan. The bedrooms are at either end of the home, separated by a central cat-walk with views down to the dining room. Each bedroom has a large walk-in closet and their own full ensuite with jetted tubs. The large U-shaped kitchen with loads of storage and counter-space is open to the dining room, which features a 2-storey vault and a three-sided fireplace. Main floor laundry. Updated lighting fixtures and newer paint throughout. The basement has three large windows and roughed-in plumbing, and awaits your storage items and/or development plans. There's also a westback yard that is fully fenced with double door open to alley, a 13.7'x10' deck and a double detached garage for winter to come. LONG POSSESSION IS AVAILABLE AS WELL!

Auburn Bay Real Estate Market Report

September 2018 marked a notable month for the Auburn Bay community in Calgary, as the real estate market exhibited signs of stabilization and consistent buyer interest. Known for its scenic lake, family-friendly amenities, and vibrant community spirit, Auburn Bay continues to be a popular choice for homebuyers.

Market Overview: In September, Auburn Bay recorded 27 home sales, a slight increase from 25 sales in August. The average sale price for homes in the community rose to approximately $550,000, reflecting steady demand and a gradual appreciation in property values. This positive trend indicates that buyers are recognizing the value of living in this desirable neighborhood.

Inventory and Trends: Currently, there are 45 active listings in Auburn Bay, showcasing a variety of housing options, including single-family homes, townhouses, and condos. Homes are selling at an average of 28 days on market (DOM), demonstrating a balanced market where well-priced properties attract significant interest. Listings that are updated and presented well tend to receive quicker offers, often leading to competitive bidding situations.

Community Insights: Auburn Bay's appeal is enhanced by its extensive recreational facilities, including parks, walking trails, and the picturesque lake, which provides opportunities for swimming, boating, and community events. The neighborhood fosters a strong sense of community through various activities and gatherings, making it an ideal place for families. Additionally, local amenities such as schools, shopping centers, and restaurants further contribute to the overall quality of life.

Looking Ahead: As we move into October, the Auburn Bay real estate market is expected to remain steady. While seasonal shifts may impact buyer activity, the community's attractive features and strong sense of belonging are likely to sustain interest. Sellers can take advantage of the current demand, while buyers should remain proactive to secure desirable properties. Overall, Auburn Bay continues to thrive as a sought-after community within Calgary’s real estate landscape.

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A CEDARGLEN classic in Excellent condition with Bonus Room over the garage, 3 bedrooms, 2 & a half baths& located a very quiet street. IMMEDIATE POSSESSION!! MAIN FLOOR: Front Foyer- 16 ft ceilings, Family Room features a warm Gas Fireplace, Island Kitchen plus there is a nice Deck just off the dinette. The Kitchen features an Island, lots of cupboards, recessed lighting AND a Corner Pantry. The West facing Bonus Room is HUGE and Naturally Bright and from all the windows. The Master Bedroom is large and features an Ensuite Bath with oversized Corner Tub&Separate Shower AND a Walk-in closet. The 2nd & 3rd bedrooms are oversized. This home is in very good condition& the owners are willing to repaint the interior of the home to YOUR choice of colours. The Deck-Fence are in very good condition& there is also a paved laneway with potential RV parking in the yard. 2 Schools are 2 blocks away. Evergreen offers great bus-LRT, shopping & dining. You & your family deserve this fine home- MOTIVATED SELLERS.

成交量惨淡影响着卡尔加里以及周边地区 City of Calgary, July 3, 2018 – 阿尔伯塔省、萨斯卡通省很多和加拿大能源有关的城市在过去几年内房地产市场都一路艰辛，最后价格下滑。近期的贷款政策调整、利率提高又雪上加霜，导致其中的一些城市房地产需求减弱、价格走低。 "经济衰退已经算是过去了，但是高失业率、对于长线经济增长的担忧、增加的贷款成本、以及日趋严格的贷款条件审批等等因素都影响对于房地产市场的需求，"

CREB®首席经济学家Ann-Marie Lurie提到。 "有些房地产产品段新挂牌量没有增加，但是并没有抑制总体供给量的持续增加，最终导致市场仍然是供给量超过需求量的买家市场状态。" 六月份卡尔加里的成交量持续低迷，加在一起民宅总共才售出1,896单元，比2017年同期低11%，比长线均值低了12%。同时，新挂牌量持续攀升，库存可售房源增加，目前房源在市场上的平均月份数是4.7个月。（请记住，良性的市场条件下，房源在市场上的月份在2个月前后。同时卡尔加里又超过5000房地产经纪人，意味着就算每人只成交一套房源，也还有超过一半的经纪人6月份没有成交一套房子，同时很多经纪人成交不只一套房源。我们6月份买卖共4套房源，和大市场情况有些不同，所以关键就是标价精确！！我的一位卖家对我说他/她不知道挂牌的底线在哪里？其实，一套房子的最后成交价格总体上来说是由买家定的，因为人家不出offer的话，卖家的价格就还没有到位，并没有吸引任何买家出手。他/她又说了，我收到offer以后可以议价，可是标价偏高的房源，目前的市场买家根本不屑于给卖家出个offer，最惨的是人家都提不起兴致来看房子，到头来究竟谁损失大？买家们买其它房子了，标价偏高的仍然在市场上挺着/过期了/提前停止挂牌了。。。。。。）

供给量高于成交量导致更多房地产产品段变成买家市场状况，最后价格上不去。整个城市到6月底市场基准价为$436,500，比上个月稍低一点，比去年同期降了1.13%。 独立屋市场的销售量占了6月份总体成交量的60%以上，新挂牌也增加了54%，6月底共有4,817套房源在卖。绝大部分价位段的总体行情是成交量下降、供给增加，但是50万一下的独立屋在售房源量仍然低于前次高峰时期（应该大约在2014年9月份前后。记得很清楚，我当时卖一套Aspen Woods的相当不错的房子，后院朝南，标价相当精确，上市以后马上pending，卖家老婆还后悔一直说挂低了挂低了。。。结果我们卖到峰值了，几个月以后房市大幅下滑。。。卖家收回成本，转战温哥华给孩子读大学买房子了，结果赚得呀。。。）

“在任何市场状况下，相当重要的是买家卖家要有充分的市场认知，以便相应做好计划。买家们应该了解提前拿到贷款确认的步骤、想要购买的社区地段的更新信息。而卖家们也同时应该知道本小区同等类别的房源成交、供给、甚至过期/暂停的信息，因为人家的经历可以帮助卖家们做出更明智的标价决定，" CREB®房地产局主席Tom Westcott提到。

Calgary, July 3, 2018–

Many Canadian energy-related municipalities within Alberta and Saskatchewan have seen housing markets struggle over the past few years, resulting in price declines.

The recent mortgage rule changes and higher lending rates are factors weighing on demand and prices across some of those areas.

“While our economy is no longer in a recession, persistently high unemployment rates, concerns over long-term growth, rising lending costs and stricter qualifications are all weighing on the housing demand,” said CREB® chief economist Ann-Marie Lurie.

“Growth in new listings is starting to ease for some property types, but it is not enough to prevent continued supply growth and, ultimately, an oversupplied housing market.”

Weak sales activity in Calgary continued into June, as residential sales for the month totaled 1,896 units. This is 11 per cent below last year and 12 per cent below long-term averages. New listings continued to rise, with further inventory gains and months of supply now at 4.7 months.

High inventories in comparison to sales have generated more widespread buyers’ market conditions, causing downward pressure on prices. The city-wide benchmark price in June totaled $436,500. This is just below last month and 1.13 per cent below last year’s levels.

The detached segment of the market accounts for over 60 per cent of overall sales activity and makes up over 54 per cent of the inventory, with 4,817 units as of June. While sales have fallen and inventory has been rising across most price ranges, inventory levels for homes priced under $500,000 remain well below peak levels.

“In any market it’s extremely important to be well-informed, whether it’s about the process to get pre-approved for a mortgage or having the most up-to-date information about the prices in the community you are buying or selling in,” said CREB® president Tom Westcott.

HOUSING MARKET FACTS

• Detached sales eased while new listings rose across most districts in the city after the first half of the year, keeping inventories elevated.

• The quarterly average months of supply increase compared to last year across all districts, keeping most areas in buyers’ market territory for the second quarter.

• As of the second quarter, detached benchmark prices totaled $504,033. This is just above the previous quarter, but 0.41% below last year’s levels. North East, North, North West and South districts recorded year-over-year quarterly price declines. However, only the North East district saw prices slip further over level recorded in the first quarter of this year.

• After the first half of the year, apartment sales totaled 1,396 units. This is nearly nine per cent below last year and 24 per cent below long-term averages. Easing sales were met with a decline in listings, helping to limit further growth in inventory levels. As of June, there were 1,872 apartment units in inventory, causing the months of supply to ease, averaging 6.8 months for the quarter.

• While most areas of the city are struggling with oversupply, there does appear to be some improvements. While remaining far from long-term averages, In the second quarter the months of supply edged down over first quarter levels in the city Centre, North, North West, West, South and East districts.

• The easing of the oversupply in most districts helped prevent further declines in quarterly benchmark prices. However, overall second quarter prices remain over three per cent below last year’s levels, and nearly 14 per cent below the quarterly high.

• Year-to-date sales activity fell for both semi-detached and row product across most districts, but new listings remained similar to last year in the row sector, while increasing by 22 per cent for semi-detached property types. This resulted in stronger inventory gains in the semi-detached market and pushed up the quarterly months of supply to above five months

• While row product did not see the same recent increase in inventory, gains in the previous quarters have not eased, causing the second quarter months of supply to total 5.47. This is similar to last quarter and above the second quarter of 2017 figure of 3.66.

• Semi-detached and row benchmark prices averaged $419,000 and $301,833 in the second quarter. Row prices were nearly 2 per cent higher than the previous quarter and nearly three per cent above last year’s levels. Meanwhile, semi-detached prices were similar to the first quarter, but over two per cent below 2017 levels.

• While some easing in the semi-detached market has occurred, quarterly prices are only two per cent below quarterly highs compared to the row sector which remains over 8 per cent below quarterly highs

Unbeatable location! Welcome to “The Riverfront” one of Downtown East Village’s most established buildings.A spacious open concept finished with laminate flooring and oversized windows bringing in loads of natural light. The kitchen features granite counter tops and opens up to the living room with cozy fireplace. Sliding doors lead to the private deck that looks over a beautifully landscaped courtyard. The spacious bedroom, 4 pc bathroom and in suite laundry complete the space. Very secure and well maintained building with heated underground parking, a meeting room and bike storage. Bow River, walking and bike paths, Eau Claire Market and China Town are all just steps away. Don’t miss this opportunity and call for your viewing today!