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June 2019

Found 3 blog entries for June 2019.

  • Canmore leads the way with 10.2% price increase
  • Prairies see softening in both prices and sales
  • Prices in British Columbia to remain stable while sales continue to decline

Canadian Lake in the Fall

The Royal LePage 2019 Recreational Housing Report indicates vacation homes in Canada saw healthy price gains going into the 2019 spring market, rising 5.0% to $411,471 compared to last year. As high demand in Ontario and Quebec continue to put upward pressure on prices, Royal LePage is predicting another year of increases (4.7%) offsetting softer market conditions in BC.

Weak demand in British Columbia (mirroring the residential market) and low inventory in Ontario were behind a decline in total Canadian recreational property sales (-8.3%).

Both Ontario and

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Finally some good news in the Calgary Real Estate market, where we're seeing an improvement in sales relative to the number of homes on the market. The uptick in sales for May 2019 was met with a decrease in new listings, easing the pressure on inventory levels throughout the City of Calgary. Homes priced under $500,000 are the driving force behind this sales growth, which we hope to see continue into the move-up market.

"While sales activity remains low based on historical activity for May, the easing prices have brought some people back to market, while also preventing some others from listing their homes,” according to CREB® chief economist Ann-Marie Lurie, “This has started to push the market towards more balanced conditions. If this trend

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Summertime in Calgary means something different to everyone. For some, it means floating down the Bow River with their friends; for others, it means hiking through the mountains or taking walks on our world-class pathways. Of course, there’s also the world-famous Calgary Stampede that takes over the city for two weeks in July. It is deemed to be the ‘greatest show on Earth,’ but we also boast a wide variety of other festivals. There is always something for everyone here in Calgary. Here’s a list of the best festivals around this summer:

  • Sled Island Music Festival takes place each year in mid-June, bringing together over 200 performers that range from comedians and artists to films and, of course, live music. Spread over five days and 35
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