Calgary Condos

The Fall season is a nice to time to Negotiate a Condo Purchase

The condo market in Calgary is heating up yet there’s not much new construction taking place. If you’re hoping to buy a condo in Eau Claire, Bankview, Kensington, Calgary West End, or in the 17 Ave SW area, you might expect prices to rise.

What’s the advantage of Calgary condo shopping in the fall or winter? Well, first many sellers have given up selling their unit. When you arrive with an offer, they may strong consider it. Many owners give up too quick. The spring might bring higher prices, yet those prices might only be  a couple thousand dollars more.

See this 1066 sq ft, 2 bedroom + den, 2 bath condo at $399,900 – # 505 1315 12 Av Sw in Calgary. Features include stainless steel appliances with gas stove, kitchen island, gas fireplace with concrete mantle, west facing balcony, 2 full bathrooms, 9′ ceilings, underground parking and hardwood floors.

Enjoy views of Downtown Calgary from this 2 bedroom, 2 bathroom condo at 404 603 7 Av NE  Calgary. This condo features a living room with vaulted ceilings, large, south-facing windows, gas fireplace , large dining area, spacious 2nd bedroom which be used as an office.

603 7th ave NE Calgary # 404

 # 1805 920 5 Av Sw, Calgary on the 18th floor offers incredible views of the Bow River. Living room has tiled, gas, fireplace, impressively large windows,  quality carpet.  The master Bedroom has deep closets, storage & direct access to tasteful 4-pc ensuite bath. This condo’s kitchen features granite counters & island with a breakfast bar, walnut cabinetry, tile flooring, undermount sink, tile backsplash & stainless steel appliances.

920 5th Ave SW Calgary #1805

 

See this incredibly modern and spacious 2 bedroom, 2 bathroom condo at 6 Hemlock Cres SW in Calgary. It features SOUTH FACING open floor plan with upgraded kitchen cabinets & hardwood flooring, easy access to the upcoming Westbrook LRT station. Underground heated parking, generous storage unit in addition to in-suite laundry & storage. Access to fully equipped fitness facility exclusively for owners.

6 Hemlock Cres SW Calgary

 

See more Calgary Condos and Million dollar homes at Calgary Home Boys.

Calgary Alberta

One of the sunniest places in Canada with the best economy, Calgary Alberta is one of the top places most Canadians would like to move to. Its not as warm as Victoria BC but the sunshine and proximity to the mountains make it a very attractive place to relocate to. Read about the latest Calgary jobs report which was particularly positive.

Calgary Housing Report

CREB just released its report on housing activity in June 2011, and sales were way up. CREB reported that residential home and condo sales rose to 1,979 units which is up from 1816 units sold in May 2011. 

The single family market saw 1,398 sales in  June 2011, an increase of 32 % over June 2010 when 1,059 single family homes sold in the city of Calgary. Sales are not up to long term sales averages, however you can see a positive trend in home sales. The report suggests that much of the sales are from first time homebuyers particularly young buyers. Many are buying condominums, since condo sales took a sudden rise in the city as well.

There were 581 sales of condos in June 2011, an increase of 31% over June of 2010.

With respect to home sale prices, the average price of a single family home in Calgary is $472,330 in the first 6 months of 2011, and the median price is $410,000.  Although young people are eager to buy homes, the accent on condos, particular close to downtown shows they want value and to be within commuting distance of downtown jobs.

Read about the latest Calgary jobs report. Are you considering moving to Calgary  or to buy a home or condo in Calgary and area? Contact John Mayberry for more information on the Calgary real estate market and his advice on buying here.

Calgary Jobs Outlook

After several years of tough times for job seekers, the Calgary jobs market is turning around.  StatsCan reported in its Monthly Labour Force Survey that employment in Alberta jumped by 22,000 jobs. That is the largest gain since May of 2006. Currently, Alberta tallies over 2 million people employed.  It has taken 32 months to regain the jobs it lost during the last recession. Read more in the Calgary Beacon.

According to the most recent report on July 8th  employment rose by 22,000 in Alberta yet the employment rate increased to 5.6%, as there were more people looking for work in June. Employment in the province continued on its upward trend, growing by 3.5% between June 2010 and June 2011, more than twice the national pace of growth (+1.4%).

In a report by the Calgary Herald, Ben Brunen, chief economist with the Calgary Chamber of Commerce said “We’re going to see demand for professional services, like financial services, legal and accounting.”  The report also suggests that more hiring in health care, construction, manufacturing and professional and scientific fiels including geotechnical and engineering.

With the country’s economic picture brightening due to the high commodity prices, it looks like Calgary’s job picture is about as bright as its ever been.  Now is probably the right time to relocate to Calgary and take part of Calgary’s coming economic boom times. Check out current houses for sale if you’re thinking of selling your home and buying a new home in Calgary.

Calgary Home Sales holding Steady

According to the latest sales report on Calgary Real estate sales activity. Single family home sales in the first quarter of 2011 were 3,309, a 4 per cent increase over the first quarter of 2010.

The NW sector of Calgary had the largest growth in single family home sales in the first quarter of 2011 with 1,198 sales, a 13% increase over the first quarter of 2010. Sales in the SE posted quarterly gains of 5%, while the SW remained relatively unchanged and NE sales declined by 9%. Calgary Metro average price of single family homes in March 2011 was $462,947, a 2 per cent decline from March 2010, and virtually unchanged from February. Meanwhile, the median price declined 5% compared to March 2010.

The growth in home sales was counterbalanced by a weaker condo market. Condo sales fell compared to last year, 11 per cent compared to the first quarter of 2010, while quarterly average prices fell 1%. It is a buyer’s market for condos in Calgary. See the latest Calgary MLS listings now on Calgaryhomeboys.com.

Single Home Sales report for Calgary’s SE communities:

1st Quarter Sales Report for Southeast Calgary communities:

Single Home Sales for Southeast Calgary Communities

See the newest Calgary MLS listings on Calgaryhomeboys.com.

Single Home Sales report for Calgary’s SW communities:

Calgary Single Home Sales report for the 1st quarter 2011 is out:

Sales for Southwest Calgary

See more Calgary Homes for Sale via CalgaryHomeBoys.com MLS Listings.

Calgary MLS Sales Report – NE Calgary

Single Home Sales report for Calgary’s NE communities:

Home Sales NE Calgary 2011

 

Check the latest homes for sale in NW Calgary in the Calgary MLS listings on CalgaryHomeBoys.com.

Calgary Housing Stats – Northwest Sales Report

Sales stats for Calgary single home sales have been published. Take a look at your local community:

 

Calgary Home Sales NW Calgary

Check the latest homes for sale in NW Calgary in the Calgary MLS listings on CalgaryHomeBoys.com.

Homes for Sale – Panorama Hills Calgary

Panorama Real Estate For Sale

Check out these homes for sale in beautiful Panorama Hills Calgary.  These are newer and brand new homes on Panatella Cr, Panorama Hills Manor, Panamount RI, Panorama Hills Dr, Panamount Dr, Panamount Manor, and other nice streets. A great community with the schools, parks, shopping and highway access.

62 Panatella Cr Nw a 3 Bedroom, 2 Bath House for sale. MLS C3460097

173 Panatella Cr Nw, a 4 bedroom, 3 bath house for sale MLS C3463867

27 Panatella Cr Nw, a 4 bedroom, 2 bath house for sale. MLS C3463040

202 Panamount Rd NW, 4 bedroom home for sale. MLS C3455963

41 Panorama Hills Nw, a 6 bedroom, 3 bath house. MLS C3459583

17 Panatella Cr Nw Calgary, a 5 bdrm, 3 bath home. MLS C3462126

15 Panatella Vw Nw Calgary, a 3 bedroom, 3 bath home. MLS C3459152

117 Panatella Gr Nw Calgary, a new 3 bdrm, 3 bathroom house. MLS C3465579

15 Pantego Hl Nw Calgary, a 5 bdrm, 4 bathroom house. MLS C3462523

1883 Panatella Bv Nw, a 4 bdrm, 3 bath house for sale in Calgary. MLS C3462162

49 Panorama Hills Mr Nw, Calgary, a 4 bed, 4 bath home. MLS C3464168

138 Panorama Hills Vw Nw, Calgary, a 4 bedroom, 3 bathroom home. MLS C3450005

2 Pantego Wy Nw in Calgary is a 4 bd, 4 bth home. MLS C3462247

10 Panorama Hills Gv Nw Calgary, 4 bd, 4 bth house. MLS C3458434

89 Panorama Hills Gv Nw, Calgary, 4 bed, 4 bath home for sale. MLS C3456971

207 Panamount Ci Nw, Calgary, a 3 bdrm, bthm home MLS C3448154

85 Panorama Hills Mr Nw Calgary, a 5 bdrm, 4 bath. MLS C3456397

118 Panamount Ri Nw, Calgary, a 5 bedroom, 4 bathroom home. MLS C3461012

61 Pantego Li Nw, Calgary. A 4 bdrom, 5 bath home. MLS C3463089

199 Pantego Cl Nw, Calgary. 4 bd, 4 bth home. MLS C3459675

67 Panamount Gd Nw, Calgary, a 5 bedroom, 4 bath home. MLS C3465373

287 Panatella Ci Nw, Calgary, a 3 bdrm, 3 bath home. MLS C3458925

116 Panamount Ri Nw, Calgary. A 2 bedroom, 3 bath home. MLS C3459651

119 Pantego Cl Nw, Calgary, a 4 bedroom, 3 bath detached home. MLS C3458426

176 Panamount Mr Nw, Calgary, a 4 bedroom, 4 bath home. MLS C3461534

48 Panamount Mr Nw, Calgary. a 3 bedroom, 3 bath. MLS C3466566

45 Panorama Hills Ht Nw, Calgary, a 3 bdrm, 4 bath detached 2 story home. MLS C3457057

66 Panorama Hills Wy Nw, Calgary. A 3 bdrm, 4 bathroom detached home. MLS C3465858

1013 Panorama Hills Dr Nw, Calgary. A 4 bedroom, 4 bath home. MLS C3466389

27 Panatella Ln Nw, Calgary. A 4 bedroom, 4 bath home. MLS C3465701

1569 Hidden Creek Way Nw, Calgary. A 5 bedroom, 4 bath home. MLS C3460705

206 Panatella Ci Nw, Calgary. A 4 bedroom, 3 bath home. MLS C3457949

100 Panamount Gr Nw, Calgary, a 3 bedroom, 3 bath home. MLS C3460860

643 Panamount Bv Nw, Calgary. a 5 bedroom, 4 bathroom home. MLS C3464808

107 Panamount St Nw, Calgary. A 3 bedroom, 2 bath house. MLS C3461972

10 Panorama Hills Cl Nw, Calgary. A 4 bedroom, 3 bath house. MLS C3465106

31 Panatella Li Nw, Calgary a 3 bd, 3 bth home. MLS C3464066

186 Panamount Ri Nw, Calgary, a 3 bdm, 3bthroom. MLS C3457595

136 Panamount Gd Nw, Calgary. a 4 bd, 4 bath house. MLS C3455694

78 Pantego Cl Nw, Calgary a 3 bd, 3 bath house for sale. MLS C3457873

253 Panamount Rd Nw, Calgary, a 3 bdrm, 3 bathroom. MLS C3463640

48 Panamount Ri Nw, Calgary, a 5 bedroom, 4 bathroom home. MLS C3463393

153 Panamount Dr Nw, Calgary. a 3 bedroom, 3 bathroom home. MLS C3462915

250 Pantego Cl Nw, Calgary a 4 bedroom 2 story home. MLS C3464910

24 Panatella Li Nw, Calgary. new 3 bedroom, 3 bath home. MLS C3464635

121 Panamount Cl Nw, Calgary a 4 bdrm, 4 bath home. MLS C3463920

61 Panorama Hills Ht Nw, Calgary a 3 bedroom, 3 bath home for sale. MLS C3456544

62 Panatella Bv Nw, Calgary a 3 bed, 3 bath, home. MLS C3465589

193 Panamount Hl Nw, Calgary, a 4br, 5 ba home. MLS C3459460

150 Panatella Sq Nw, Calgary a 3 br, 3ba, home. MLS C3456488

428 Panatella Sq Nw, Calgary, a 3 br, 3 ba home for sale. MLS C3466895

125 Panatella Co Nw, Calgary a 3br, 3ba, home. MLS C3466442

47 Panamount Ln Nw, Calgary a 3 br, 4ba home. MLS C3463834

223 Panamount Vi Nw, Calgary, a 6 br, 4 ba home for sale. MLS C3459105

223 Panamount Pl Nw, Calgary, a 3 br, 3 bath house. MLS C3460278

20 Panora Way Nw, Calgary, a 3 br, 3 bath home. MLS C3461928

41 Panora St Nw, Calgary, a 3 br, 3 bath house. MLS C3452803

47 Panatella Pa Nw, Calgary, a 3 br, 3 bath house for sale. MLS C3463015

Home Affordability in Calgary

A new report published by the Royal Bank suggests Alberta is the most affordable Canadian province to live. They cited a number of factors that show Calgary and Edmonton are providing residents with a higher standard of living and more house for the money.  The report quotes Robert Hogue, a senior economist with RBC and the author of the report, that a combination of a housing bust, slowing economy and population outflows starting as far back as 2007 has created a real estate market that has been “sideways at best” for the past few years and finally resulted in the province becoming officially the cheapest in the fourth quarter of 2010.

Calgary and Edmonton now Very Affordable Places to Live

Calgary’s situation was in contrast to the rest of the country where affordability fell.  Calgary’s affordability rating rose several points. The RBC report cites property values were negatively affected by a substantial downswing in demand last spring, and early summer, which put buyers in the driver’s seat.  The report goes on to forecast that Calgary will see more balance this year with upward pressure on prices.

Calgary Homeowner Income versus Home Cost

If you’re considering relocating to Calgary, please call John Mayberry who will be pleased to help with everything from community and school information along with helping you find a home in the right neighbourhood.

Panorama Hills Calgary

One of the nicest and most sought communities in Calgary is Panorama Hills. Set within the rolling hills of North Calgary, Panorama Hills has a special feel and plenty of community amenities for the active family.  The population of Panorama Hills has grown strongly over the past 6 years and is now home to about 17,000 residents.

The Panorama Community Centre called the eCommunity Centre offers leisure and recreational facilities including a private residents’ building where residents may host social and recreational events. On these grounds there is a beach volleyball court, a hard court play area  with basketball hoops, a water spray park, sand area with play structures and swing sets, and a toboggan run in winter. Close by you’ll find Cardel Place, a sports and rec centre plus a public library.  Residents enjoy a quick commute to work using the new Stoney Trail Expressway and the Deerfoot Trail.

Panorama Hills community has movie theatres, restaurants, shops and is not far from the Country Hills Towne Centre (Superstore, Sobey’s, Banks, Tim Hortons, Rexall Pharmacy, Home Depot). Currently being built is the Gates of Panorama Hills — a  100,000 square foot retail development, anchored by several major retail chain outlets, banks and grocery stores.

Discover much more about Panorama Hills homes for sale and about living in the community.

Being one of the most desirable communities to live within, the average price of a home here is about $484,000.  Most properties are single detached however, there are a number of condos.  Genstar, Cardel, Shane Homes, Excel Homes, Cedar Glen Homes, and AVI have all built homes in Panorama Hills.

Panorama Hills Calgary

Total Population 2005 to 2009
	2005	2006	2007	2008	2009
Panorama Hills	8129	10277	11896	14288	16444
Calgary	956,078	991,759	1,019,942	1,042,455	1,065,455
Source: City Calgary Civic Census

Calgary Home Market Shows Slight Improvement

Calgary Housing Stats

Data released by the Calgary Real Estate board shows a continued improvement in sales and prices of single detached homes. February’s sales increases were almost 50% over January’s going from 791 to 1169 units exchanged. The rise in January and February’s home sales reveals a gradual recovery in Calgary’s housing market.

Sano Sante, president of the Calgary Real Estate Board says “The convergence of affordability, low interest rates, a good selection of inventory and improved confidence in the Alberta’s energy sector is building the foundation for a sustainable housing recovery. Sales of single family homes priced below $400,000 are driving the gradual recovery, with the expectation that as the year progresses we should see the sales shift to homes priced in the mid range of the market.”

The average home sales price in Calgary in February 2011 was $461,786, which is a 2% increase from prices in January 2011, when the average price was $454,163,

Average Calgary Home Price

• February 2011 – $461,786
• January 2011 – $454,163
• February 2010 – $458,254

Contact John for more info on the Calgary real estate market and the specific neighbourhoods you’re interested in.

Growing Calgary Economy may Drive Improved Home Prices in 2011

According to the Calgary Real Estate Board, the Calgary real estate sector underperformed in 2010. They report that the number of single family homes in Calgary sold in December 2010 were down 8% and Calgary Condo sales decreased 6 % from the same time one year ago.

More recently, sales contined their decline. The number of single family home sales in the month of December 2010 were 734 units, compared 891 in November 2010, a decline of about 18%. The number of condominium sales for the month of December 2010 increased by 10 units to 320.

“Employment and net-migration have been slower to pick up here in Calgary—and these are key drivers of our housing market. The good news is we are now seeing marked improvements in investment and employment in the energy sector. We believe these green shoots in our economy, supported by improved affordability and low interest rates, will eventually translate into a gradual recovery of our housing market as we move into 2011,” said CREB President Diane Scott.

Despite this gloomy trend, The Conference Board of Canada says Calgary will lead Canada’s economic recovery. TD Canada Trust expects the Prairie Region to grow 2.7 per cent in 2011 and 3.3 per cent in 2012.

The Conference Board of Canada further expects economic output in Calgary will grow by 3.8% this year and 4.4% in 2012; 4.3% in 2013 and 4.2% in 2014.

See available homes for sale in Calgary now.

Connaught Condo for Sale Calgary Condos near Downtown

# 2201 1514 11 ST SW, Calgary is a to Floor 3 Storey Condo located in the HEART of Calgary! It is listed at $399,900.

It offers a beautiful rooftop sundeck, 2 Bedroom down, 1 loft up, cozy fireplace, loads of windows through-out, renovated kitchen, custom curtains, in suite laundry, in-floor heating, massive master, vaulted ceilings, underground parking and located close to EVERYTHING! View this home today at Calgary Homes Boys, your Calgary Real Estate source.

2 Bedroom with Roofdeck

Beautiful Rooftop Deck

See more Calgary Real Estate at Calgary Home Boys.