9/1/2008 9:06:00 AM
August Summary
Hello Everyone. I am updating the blog while Bob is on holidays. Here is a summary of August's numbers. I am giving just the data, so I hope you will contribute your thoughts and interpretations. What will happen to inventory in September? Will it increase ...
Views: 1111
Comment
|
8/25/2008 7:49:00 AM
DailyStats.ca: How far have we come?
Does anybody remember the days when the only real estate statistics you had available on a daily basis was CREB's ticker? Or when the only determinant of price was the average price? As we prepare to take a break, it is interesting to look back on the ...
Views: 918
Comment
|
8/22/2008 8:37:00 AM
The contrast between Calgary and the U.S.
We've been hearing about a housing meltdown in the U.S. From a Phoenix realtor's website : "If you were to turn back the clock on the Phoenix real estate market by four years — that would be just about right. Judging by prices for bread-and-butter ...
Views: 1604
Comment
|
8/17/2008 11:25:00 AM
Why are you here?
A few comments have come in recently on the pros and cons of living in Calgary. There are many reasons to be here: Pathway system. Low taxes. Multiculturalism. Restaurants. Weather(sunniest major city in Canada). Educational opportunities. Folk fest. Jazz ...
Views: 1872
Comment
|
8/8/2008 9:45:00 PM
Is this a trend or a blip?
Sales of single family homes in 2008 compared to 2007: Mar: -38% Apr: -34% May: -31% June: -18% July: -12% August 1 - 8: +3% Today marked the first time this year that sales have surpassed last year's. It's still early in the month and plenty can change. ...
Views: 2825
Comment
|
8/4/2008 8:42:00 PM
The Truman index
Some homes are selling for less than the previous purchase price. Most are selling for a lot more. We don't have a Case - Shiller index , but here is the next best thing. So far in August, 153 SFH and condos have been sold. Here's a list of 29 properties ...
Views: 2254
Comment
|
8/2/2008 9:34:00 AM
Trends continue into July
Trends that continued from June for single family homes: - More sales activity, but still down from last year. Sales were down 34% to May 31, down 18% in June, and down 12% in July. - Inventory continues to drop. Down 7.7% in July. Down 15% from the peak in ...
Views: 695
Comment
|
7/30/2008 9:40:00 AM
Million dollar sales: Let's kick this around one more time
At first glance it looks like the average price has taken quite a tumble in July. It's down $19,000 from June. If you look a little deeper, it's simply because sales of high-end homes were down in July. 26 homes have sold in July for $1 million or ...
Views: 949
Comment
|
7/28/2008 9:10:00 AM
Where are homes selling the quickest? Where have prices dropped least? Where have sales improved over last year?
It's been repeated a number of times that statistics for the entire city do not paint an accurate picture for individual communities. This table shows that sales in Evergreen, Bridlewood and Somerset are up 8% compared to last year. It also shows that ...
Views: 1063
Comment
|
7/18/2008 12:43:00 AM
Sales continue to improve
July sales are continuing the upward trend that started in June. Single family home sales volume, after being down 34% for the first five months of 2008, showed an 18% drop in June, and July sales are down 12% compared to 2007. At this rate, we might have ...
Views: 1609
Comment
|