Tag Archives: calgary luxury homes

The Truth About Luxury Real Estate Auctions in Calgary

The above property was one of two Prides luxury properties that were the centre of a lot of media attention earlier this month, with several reports headlining that luxury properties were going for half their asking price in Calgary. The 9,200-square-foot house located in Priddis, 40 minutes southwest of Calgary, was listed for $3.9 million but purchased at […]

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Affordability rises again in the Calgary housing market

According to numbers released by the Calgary Real Estate Board (CREB) today, the average price of single-family homes and condos are slightly down again. “Overall sales activity relative to new listings caused a softening in absorption rates, which resulted in inventory gains and ultimately placed moderate downward pressure on pricing,” said CREB® chief economist Ann-Marie […]

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The State of Calgary’s Luxury Housing Market

This month, RE/MAX of Western Canada released their Spotlight on Luxury report, outlining the state of the housing market in properties above the $1-million mark. And while it might seem like the oil slump is damaging the luxury home market in our city, the reality is things have moved towards a far more balanced place. While […]

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Trading up to a larger home? Some things to keep in mind

Unlike the experience of buying a first home, when you’re looking to move-up, and already own a home, there are certain factors that can complicate the situation. It’s very important for you to consider these issues before you list your home for sale. Not only is there the issue of financing to consider, but you […]

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