January 2021

Found 6 blog entries for January 2021.

Calgary, Jan. 26, 2021 – In 2020, housing markets across the country surprised many with a stronger-than-expected rebound in the second half of the year despite record-high unemployment rates and significant job losses.

Calgary did not hit record-high sales or prices in the third or fourth quarters, but still posted some of the strongest sales relative to the past five years. This was nearly enough to offset the initial losses recorded during the first shutdown caused by the pandemic.

“It is expected some of the momentum recorded at the end of 2020 will continue into 2021, fueled by exceptionally low lending rates and pent-up demand,” said Ann-Marie Lurie, CREB® Chief Economist.

“While sales are expected to rise by nearly five per cent on

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When you think about selling your property, do you dwell on the possible work
and stress involved? You're not alone. Many homeowners share the same
concerns.
But it doesn't have to be that way.
In fact, there are plenty of ways to add some fun, anticipation, and even a
sense of adventure to the selling process. Here are just a few ideas:
1. Plan fun things to do when your home is being shown. That can include
walks, sports activities, or trying something you and your family have
never done before.
2. Declutter for your own benefit. Instead of thinking about decluttering as a
chore required for the sale, focus instead on how much more
comfortable your home will be after decluttering. Studies consistently
show that less clutter reduces stress and increases a sense

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Congratulations to our sellers on the sale of their apartment. What a beautiful view in this one!

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If you’re going to be out-of-town but need to sell your home, you might be
concerned about listing your property while you’re away. After all, you won’t
be around to show your property, schedule viewings, consider offers, etc.


While it’s ideal that you be close to home when you’re selling, there’s no
reason why you can’t list your property, even if you’re going to be out-of-town.
When it comes to communications and document sharing, technology is a
wonderful thing! While you’re away, you can utilize phone, email, file sharing
apps (such as Dropbox), e-signing apps (such as DocuSign) and, online
meeting apps (such as Zoom).


For viewing appointments, a secure lockbox (with your key inside) can be
installed so buyers can be shown your property.


Even

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City of Calgary, January 4, 2021 –

With December sales of 1,199, this is the highest December total since 2007.

"Housing demand over the second half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring. Even with the further restrictions imposed in December, it did not have the same negative impact on housing activity like we saw in the earlier part of the year," said CREB® chief economist Ann-Marie Lurie.

Attractive interest rates along with prices that remain lower than several years ago have likely supported some of the recovery in the second half of the year. However, it is important to note that annual sales activity declined by one percent compared to last year and remain well

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