January 2019

Something to Consider Before Deciding on a Price Reduction

Posted on Jan 02, 2019

There comes a time for each home on the market that just seems like it has been there too long. While the exact moment for when this threshold is reached depends on the personal needs and timeline of the seller, usually the itch begins around the 45th day with no offers, and becomes further accelerated when the 60 day mark hits.
 
If a home has been o...

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12 Months of Home GIVEAWAYS Starts NOW!

Posted on Jan 02, 2019

Starting January 1st, CIR REALTY and our Best My Nest Home-ownership Program will be giving away various home improvement prizes every month in 2019!

In order to enter, you must visit www.cirrealty.ca every month to enter that month’s prize. The draw will be done on the last day of the month and the winner will be notified by email. Prizes include:

J...

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Job market weakness and lending restrictions a common thread in 2018’s housing market

Posted on Jan 02, 2019

As oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December. 

“Persistent weakness in the job market and changes in the lending market impacted sales activity in the resale market this year,” said CREB® chief economist Ann-Marie Lurie.

“This contribu...

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