Summer Is Cancelled...Or Is It?
Posted on May 04, 2020
It appears this summer will not be like all the others. With no large events happening and the potential that kids camps and many other activities are not being allowed to resume, it can make for a bleak outlook for the warmer months.However, rather than focus on what you can’t do, let’s focus on what you can do.
Gatherings with Friends – Gatherings...
Ending Isolation Will Immediately Change the Real Estate Market
Posted on May 04, 2020
On Thursday, April 30th, the Alberta Government announced their plan to reopen the province after the COVID-19 closures. This decision will immediately impact the real estate market.With sales being down over 60 per cent in April across most markets, people who were planning to buy or sell in the spring, did not. Despite higher unemployment rates...
COVID-19 Impacts and the Housing Market Quarterly Report Released
Posted on May 04, 2020
Due to COVID-19 impacts in Calgary’s housing market and general economy, it is not business as usual.
This year was projected to be a time when Calgary would start to see some modest improvements.
“The uncertainty surrounding the COVID-19 pandemic and the energy industry is expected to cause a dramatic decline in housing demand over the second quart...
Calgary real estate market feeling impact of COVID-19
Posted on May 04, 2020
After the first full month with social distancing measures in place, the housing market is adjusting to the effects of COVID-19.
April sales hit 573 units, a decline of 63 percent over last year.
"The decline in home sales does not come as a surprise. The combined impact of COVID-19 and the situation in the energy sector is causing housing demand to...