Sheldon Zacharias Real Estate TeamReal Estate in Calgary, Alberta
Discovery Ridge! $324,900
Thinking of a recreational or vacation property ....heres what you need to know
JUST LISTED: (SWIPE LEFT ⬅️) Who doesn’t love Altadore?! Here another amazing property in the heart of Altadore at 1916 48 Av SW that just hit the market. Brigh...t, inviting and great for entertaining you’ll fall in love with this home the moment you open the front door. With extras throughout the home including upgraded Hunter Douglas blinds, appliance packs and custom built ins this home won’t last long.
What you need to know!
➡️4 Bedroom 3.5 bathroom
➡️Heated underground storage
➡️Walkout basement with custom built ins
➡️Chef inspired kitchen with stainless appliances
For more information or to set up a private viewing email 📧 me email@example.com or pick up the 📞 and call 403-826-8812!
@ Calgary, Alberta
Kensington Condo! Just reduced $459,900. #303 1110 # Avenue NW
Plenty of living space!! 1929 25 Street SW . $384,900 Inner City https://matrix.crebtools.com/…/sh…/flkRwP5DYm/192925StreetSW
Soft sales continue in April
Prices steady, but struggles in Alberta economy weighs on housing
City of Calgary, May 1, 2018 –...
Changes to the lending industry and a challenging economic recovery are weighing on sales activity in Calgary's housing market.
Supply levels have not adjusted to the weaker demand environment, and that is preventing price recovery.
"Slower sales do not come as a surprise, given the economy has not yet improved enough to offset the impact of changes in the lending industry," said CREB® chief economist Ann-Marie Lurie.
"While the rising inventories are being monitored, prices have remained relatively flat as gains in some areas of the city have been offset by declines in other areas."
The easing sales trend persisted through April in Calgary's housing market. Calgary sales totaled 1,518 units in April, which is 20 per cent below last year and 25 per cent below long-term averages.
The detached sector has seen the largest decline, with year-to-date sales totaling 2,991 units, 27 per cent below the 10-year average.
Inventory levels in April totaled 7,324 units. This is a 32 per cent rise over last year, but well below the monthly high of 10,129 units recorded in 2008. Supply compared to demand has risen, but city-wide prices have remained relatively stable, totaling $436,500 in April, a monthly and annual gain of 0.21 per cent.
"The reality is that there's selection heading into the active spring market," said CREB® president Tom Westcott.
"For many sellers, they have to decide what price they are willing to accept for a lifestyle change. At the same time, buyers need to understand the supply dynamics and price movements in the specific area, as they may not align with their expectations."
So far this year, apartment and attached sales have eased to levels that are comparable to 2016. However, rising supply in both markets have pushed months of supply to the highest levels recovered over this four-month period, which is preventing any significant shifts in pricing trends.
Want to know more? call us at 403-620-4504 Sheldon Zacharias. www.sheldonzacharias.com
Spring is finally Here!! Check out this amazing 4 acre Acreage in Springbank!
Incredible Price reduction. Discovery Ridge!!! $674,900