City of Calgary, Dec. 1, 2021 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

“Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” said CREB® Chief Economist Ann-Marie Lurie.

“At the same time, supply levels have struggled to keep pace, causing tight conditions and additional price gains.”

New listings in November totalled 1,989 units, which was fewer than the number of sales this month. With a sales-to-new-listings ratio of over 100 per cent, inventory levels dropped to 3,922 units and the months of supply dipped below two months.

It is not…

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JUST LISTED

265135 Symons Valley Road, Rocky View County

Visit here for full listing details: https://www.peshketeam.com/listing-pwmls/a1162468-265135-symons-valley-road-rural-rocky-view-county-alberta-t4b-4r9/

$1,200,000 MLS A1162468

2 bedrooms

1 full baths

Call/text Yasin @ 403-681-0319 for more info or to book your showing 

53 Acres with absolutely stunning mountain views. There is a modern 2005 log home that is open concept with 2 bedrooms, 2 bathrooms plus loft space. This home is in floor heated, has vaulted ceilings and has huge west facing windows. Fantastic location on the corner of Symon's Valley Rd & Big Hill Springs Rd with great Hi-Way frontage.

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JUST LISTED

21045 Big Hill Springs Road, Rocky View County

Visit here for full listing details: https://www.peshketeam.com/listing-pwmls/a1162491-21045-big-hill-springs-road-rural-rocky-view-county-alberta-t4b-4r9/

$950,000 MLS A1162491

2 bedrooms

1 full, 1 half baths

35x105 Machine Shop

Call/text Yasin @ 403-681-0319 for more info or to book your showing

The home is a 1023sq, 2004 Modular with a 35x105 Machine shop. There is a surface lease in place ($4500 annual). Stunning mountain views! Great investment property with excellent business potential. Must see!

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