Calgary Market Update: Anticipated Pain
If I go back to previous months market updates (December, January, February) this kind of data we're seeing today can be somewhat anticipated. Below are some leading indicators of Real Estate
If I go back to previous months market updates (December, January, February) this kind of data we're seeing today can be somewhat anticipated. Below are some leading indicators of Real Estate
There is one relevant data point that broke away from an annual trend that is worthy to note. Calgary's detached absorption rate has a history of trending down throughout the Winter
Check out Calgary's Real Estate statistics below (from CREB): - Sales to new listings. - Absorption rate. - Average/Median pricing. When I layer this data, and add my own thinking, I can reasonably understand
Here’s the final month of what’s been a rollercoaster year for values, listings and absorption rate. I honestly expect more of the same for 2018. The intention of publishing this data
When looking at the data below, I subtly nodded my head with a slight smile of approval. I think Calgary's Real Estate data is about where my regular readers would
I think this part of the year, heading into Christmas, is a leading indicator of how the notoriously busy Spring market will shape up the following year. Here's what we'll cover
Good, Bad or Ugly I’m presenting this data to you. Have been for close to three years now. I think understanding three data points helps you make sense of today’s market
Buy low. Sell high. Simple enough, right? Ahhh ...if only it were that simple. The busiest time in Real Estate is when prices in the market are at the TOP. Buy high. Panic and sell low.