Page 1

YYC

OCTOBER 2018

REALTY NEWS

M AY 2 01 8

P E R S I ST E N T B U Y E R S ' M A R K E T C O N T I N U E S City of Calgary, October 1, 2018 – With no change in the economic

"Some potential buyers may want to take advantage of the market

climate, Calgary’s sales activity totaled 1,272 units in September, a 13 per

conditions, but they face difficulties selling their existing home based on

cent decline over the previous year and well below long-term averages.

their expectations. This prevents them from purchasing something else."

There was a pullback in sales across all product types, most notably the detached market.

September sales have dipped, but third quarter figures generally point towards a slower decline in sales and some easing in new listings growth.

"Calgary's economy continues to struggle with unemployment, which

This was not enough to impact inventory levels this quarter.

rose again last month to over eight per cent. Concerns in the employment market, higher lending rates and shaken confidence are weighing on

The Calgary economy continues to struggle, but there are some signs

housing demand," said CREB® chief economist Ann-Marie Lurie.

of improvement in the rental market, which could contribute to a slow reduction in overall housing supply.

"At the same time, supply levels continue to remain high, resulting in persistent oversupply and price declines."

C I T Y O F C A L G A RY ( SEPT 2018 ) ATTACHED

DETACHED

CONDOS

levels.

AVERAGE • $380,891

AVERAGE • $545,471

AVERAGE • $300,853

"This is the new normal of Calgary's real estate," said CREB® president Tom

LISTINGS 741 SALES 269 D.O.M. 59

Inventories totaled 7,941 units, pushing the months of supply to 6.25. This continuation in oversupply is placing downward pressure on prices. The unadjusted citywide benchmark price totaled $428,700 in September. This is nearly one per cent below last month and three per cent below last year's

LISTINGS 1785 SALES 792 D.O.M. 58

LISTINGS 628 SALES 211 D.O.M. 66

Westcott. Source: www.creb.com


E V E N T S I N Y YC

CALGARY WOMAN’S SHOW

SCREAMFEST

BANFF MOUNTAIN FILM

SPRUCE MEADOWS INTERNATIONAL

| OCT 21 | BMO CENTRE,

| OCT 26 - 31 | THE GRANDSTAND

AND BOOK FESTIVAL

CHRISTMAS MARKET | NOV 16 - 18 |

STAMPEDE PARK

BUILDING, STAMPEDE PARK

| OCT 27 - NOV 4 |

SPRUCE MEADOWS

CELEBRATING ITS 40TH ANNIVERSARY WITH FREE

PROBABLY CALGARY’S SCARIEST AND MOST

THE BANFF CENTRE - BANFF, AB

PLUNGE INTO THE WARM ATMOSPHERE THAT

ADMISSION FOR ALL, THIS EVENT HAS OVER 300

DIVERSE HALLOWEEN EVENT, SCREAMFEST WILL

THIS NINE-DAY FESTIVAL IS ALL ABOUT

CHRISTMAS AT SPRUCE MEADOWS EVOKES.

EXHIBITS COMPRISED OF EVERYTHING FROM

SCARE CALGARIANS FOR THE LAST TIME EVER

CELEBRATING THE BEST MOUNTAIN FILMS,

IT’S EASY! YOU ONLY HAVE TO VISIT THE

FASHION AND FOOD TO HEALTH, WELLNESS AND

THIS MONTH. WALK THROUGH MULTIPLE HAUNTED

BOOKS AND SPEAKERS. FEATURING A RANGE

INTERNATIONAL CHRISTMAS MARKET ONCE

OF FILM SCREENINGS, TALKS, WORKSHOPS AND

TO DISCOVER A MAGICAL WORLD OF SCENTS,

PROGRAMS, WITH LATE NIGHT PARTIES AT THE

COLOURS AND LIGHT AND FEEL THE ENERGY

ON-CAMPUS CLUB FOR ADULTS AND YOUTH

ASSOCIATED WITH THE ANTICIPATION OF

PHOTOGRAPHY WORKSHOPS AND CERTAIN FILM

CHRISTMAS.

ADVOCACY GROUPS. THE SHOW ALSO OFFERS ENTERTAINMENT ACROSS TWO STAGES AND A WINE GARDEN TO RELAX AND REFRESH.

HOUSES OR TRY YOUR LUCK IN SPOOKY ESCAPE ROOMS AND PLAYING CARNIVAL GAMES LIKE THE WHEEL OF MISFORTUNE.

PROGRAMS FOR THE KIDS. SOURCE:AVENUECALGARY.COM

HALLOWEEN SAFETY TIPS FOR YOUR PET CANDY

TRICK-OR-TREATING

KEEP HALLOWEEN CANDY IN A SECURE CONTAINER OUT OF YOUR

USING A HARNESS FOR YOUR PET WHILE TRICK-OR-TREATING IS

PET’S REACH. REMEMBER THAT CHOCOLATE AND CERTAIN TYPES OF

A GREAT WAY TO KEEP THEM SAFE.

CANDY ARE TOXIC TO BOTH CATS AND DOGS AND SHOULD NEVER BE GIVEN TO THEM.

IF YOUR PET BECOMES UNEASY IN UNFAMILIAR TERRITORY OR AROUND PEOPLE IN COSTUMES, TAKE THEM BACK HOME TO WHERE THEY

WRAPPERS AND SMALL TOYS CAN POSE CHOKING HAZARDS AND

FEEL SAFE.

SHOULD BE KEPT OUT OF REACH OF PETS. CONTACT YOUR LOCAL ANIMAL POISON CONTROL CENTER OR YOUR VETERINARIAN

WHEN GREETING PARTY GUESTS OR TRICK-OR-TREATERS, KEEP PETS IN

IMMEDIATELY IF YOUR PET INGESTS ANY OF THESE HAZARDS OR IS

A SEPARATE ROOM, AS STRANGERS MIGHT MAKE THEM UNEASY.

EXHIBITING SIGNS OF CHOKING OR IRRITATION.

COSTUMES

DECORATIONS

BE AWARE OF YOUR PET’S TOLERANCE FOR A HALLOWEEN

STICK TO PET-SAFE DECORATIONS LIKE CUTOUTS OR DECALS IN

COSTUME. GIVE THE COSTUME A TEST RUN AND IF YOUR PET

YOUR HOME.

SEEMS RESTLESS OR UNHAPPY, RECONSIDER THE COSTUME. USE BATTERY-POWERED CANDLES IN YOUR JACK-O-LANTERNS COSTUMES SHOULD NEVER IMPEDE A PET’S ABILITY TO MOVE,

OR LUMINARIES.

BREATHE, SEE, OR HEAR. THINK TWICE ABOUT DANGLING COBWEBS, LOOSE STRINGS, AND WIRES THAT CAN ATTRACT YOUR CAT’S ATTENTION AND BECOME A CHOKING HAZARD.

(SOURCE: MARTHASTEWART.COM)

October 2018 Newsletter  
October 2018 Newsletter  
Advertisement