Market Update: Supply Crunch Here
I'm waiving the Spring 2022 crazy market flag, right now. Here's why ... Supply is ALREADY lower than this time last year. Unless there is a equal offset
Category
Price Change Indicators
Market Update: Seasons Change
Let's look at the latest data from Calgary's Real Estate Board (CREB). CREB puts together a statistics package summarizing all of Calgary's Real Estate data. I put several
July 2021 Real Estate Data
What's happening in Calgary's Real Estate market? Let's look at our Real Estate board data, and tie everything together with a heavy dose of context. Supply & Demand Real Estate
Hot, hot, hot! Sales and Summer Weather!
A heat dome engulfed much of North America resulting in scorching hot weather. A heat dome is also over much of North America's Real Estate market. Let's zoom
Calgary Real Estate Report: May 2021
What's happening in Calgary Real Estate? A lot. And for many reasons. Let's take a look at data from the Calgary Real Estate Board (CREB) to start
Mortgage Rate Outlook: The Risk
Persistent inflation is a big risk to the Mortgage interest rate outlook in Canada. Check out my previous post that covers how inflation can also play out to be
Insured Mortgage Rule Change
The Mortgage qualifying goal posts have slightly moved, again!Here's a quick history of recent rule changes:July 2020: CMHC qualifying rule change (in effect).April 2021: Uninsured qualifying rule change (effective 1 June 2021). *May 2021: Insured
How Does Inflation Affect Mortgage Interest Rates?
I think you've heard the narrative "inflation is rising" if you've browsed any business news over the past month. You've more than likely heard about the inflated prices of
Calgary Real Estate Update: Lit.
With the month of March behind us, let's look back at the data to gage Calgary's detached and apartment housing market's near term price movements. I've been writing this summary