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Essington
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municipal A8
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FREE feb 4 to feb 10 2010 issue 01-03 www.creb.com
calgary home sales
improve
Single family homes in inner-city drive recovery
CREB Staff ®
S
ingle family home sales in the City of Calgary edged upwards monthover-month and showed the first year-over-year increase since April 2010, according to figures released this week by CREB® (Calgary Real Estate Board).
The number of single family home sales in the month of January 2011 were 787, compared with December 2010, when sales were 734 — an increase of about 7 per cent. The number of condominium sales for the month of January 2011 was 297. This was down from the 320 condominium transactions recorded in December 2010. Year-over-year, the number of single
family homes sold in January 2011 in the city of Calgary increased by just over three per cent. In January 2010, single family home sales totaled 762. Condominium sales saw a decrease of 21 per cent from the same time a year ago. In January 2010, condominium sales were 376. “More affordable housing will continue to attract homebuyers to the innercity, particularly as employment in the
MLS AVERAGE PRICE*
$413,049 $415,568 $420,354 $426,311 $436,427 $447,142 $436,782 $454,130 $459,085 $462,465 $464,444 $451,349 $441,217 $458,254 $471,269 $460,378 $483,240 $481,964 $464,655 $445,617 $460,278 $444,744 $455,460 $441,341 $454,287
®
JAN09 FEB09 MAR09 APR09 MAY09 JUN09 JUL09 AUG09 SEP09 OCT09 NOV09 DEC09 JAN10 FEB10 MAR10 APR10 MAY10 JUN10 JUL10 AUG10 SEP10 OCT10 NOV10 DEC10 JAN11
SINGLE FAMILY HOMES – CALGARY METRO
Year-over-year, the number of single family homes sold in January 2011 in the city of Calgary increased by just over 3 per cent
news briefs
contents
consumers are listening
news briefs mortgage rates Zone mapS listings
CREB® Staff
D
espite a period marked by the highest consumer spending in recent history, Canadians are aware they need to cut back on debt levels, according to Benjamin Tal, senior economist, CIBC World Markets in a household credit analysis. The Bank of Canada’s continual warnings are being heeded by consumers, as evidenced by already softening credit levels with growth rates at a nine-year low.
debt A3
*All statistics based on monthly data compiled by CREB® via MLS® activity.
Expert Market Insight, Concierge Service, Powerful Negotiations Spacious, well lit, corner unit with an excellent layout in West Pointe Place. Large south and southeast windows, in-floor heating, central A/C, U/G titled parking and much more. Laminate flooring, large master bedroom with walk-through closet and 3 piece ensuite. Wraparound balcony with natural gas hookup. This premier building also boasts terrific amenities including a gym and a social room. Access to city transit and the C-Train is right out your front door. MLS ®C3449713
$342,900 re al estate centr al
web :
office :
403.289.3435
www.sanostante.com
cody stuart, CREB® Staff
city of Calgary continues to improve,” says Sano Stante, president of CREB®. “Single family homes in the city are currently driving this gradual recovery, and we are seeing an uptick in the sale of homes below the $350,000 price point. This may suggest more first time homebuyers are entering the market, providing the fuel needed for a sustained housing recovery.”
home sales A3
zone a
inner city
zone c
zone b
zone d town & country commercial
open houses
A3 A10 B1 A12 A12 B2 B3 B6 B9 B10 B15 B15
Backing onto the Lake at Heritage Pointe! Walkout bungalow with smart home features. 5 bedrooms with ensuites and more than 6500 sq. ft. development! Nothing has been spared in this elegant home. MLS ® C3458133
Two storey walkout with close to 6300 sq. ft. of development and 5 bedrooms. This one-of-a-kind, Greenboro built home offers 27 ft. hight vaulted ceilings in the great room. MLS ® C3448171
These exquisite homes both have a private dock, an amazing media/theatre room, incredible views and extensive upgrades!
DAve Rose
phone: 403-225-5000