Developer Report – March, 2017

Developer Report

March 7, 2017Market Snapshot Two months into the year, Calgary‚Äôs real estate market seems to be experiencing a noticeable shift in momentum, with a consistent rise in optimism and a slow and steady return to more balanced numbers across all sectors. February sales totaled 1,342 units, which is still 19% below historical averages, but an improvement over the past two years, hinting that worst … [Read more...]

Developer Report – February, 2017

Developer Report

February 8, 2017Market SnapshotWhat a difference a year makes! The first month of 2017 marked improvements in all sectors, despite January typically being a relatively sluggish month for activity. With an overall drop in inventory levels by 18% compared to 2016, current numbers hint towards more balanced conditions in the upcoming months.It is important to remember however, that January … [Read more...]