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
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
BANFF MOUNTAIN FILM
SPRUCE MEADOWS INTERNATIONAL
| OCT 21 | BMO CENTRE,
| OCT 26 - 31 | THE GRANDSTAND
AND BOOK FESTIVAL
CHRISTMAS MARKET | NOV 16 - 18 |
BUILDING, STAMPEDE PARK
| OCT 27 - NOV 4 |
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
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
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
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.
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
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,
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.