Morrison Real Estate

FEBRUARY MARKET STATS ARE OUT!

Thanks to a surge in new listings, sales activity reached a record high for the month of February with 3,305 sales. The rise in new listings caused adjusted inventories to rise above last month's levels. However, with only one month of supply, the market continues to favour the seller.

Here’s a little breakdown:

- Last month's sales were 80.50% more than a year before.
- There were 20.37% fewer homes listed than the previous year.
- The benchmark price for all home types was $499,400.

Feel free to call if you have any questions!

For more information, visit: https://www.creb.com/News/Media_Releases/2022/March/Sales_continue_to_surge_as_listings_rise/

How to keep your roof in good shape.

Over Your Head: What to Know About Roofs - REALTOR.ca Blog Is the roof of your home in good condition? Don’t feel bad if you don’t know the answer—many homeowners are often unaware of the state of their roof. Out of sight, out of mind, right? Unless there are obvious damages, such as cracks or leaks, it’s easy to forget about this exterior part of y...

What to expect this year when selling your home.

The New Rules for Homebuyers and Sellers in the Age of Omicron: What To Expect in 2022 The homebuying and selling season typically kicks off right now. Will the newest stage of the COVID-19 pandemic wreck the market? Here's the scoop.

This is what you can expect to see this year.

Luxury real estate sets a record in Calgary, with strong year forecast for 2022 More than 1,100 homes sold for above $1 million in Calgary last year, says CREB

DECEMBER MARKET STATS ARE OUT!

“Concerns over inflation and rising lending rates likely created more urgency with buyers over the past few months. However, as is the case in many other cities, the supply has not kept pace with the demand, causing strong price growth,” said CREB® Chief Economist Ann-Marie Lurie.

Here’s a little breakdown:

- Last month's sales were 44.9% more than a year before.
- There were 29% fewer homes listed than the previous year.
- The benchmark price for all home types was $463,900.

Feel free to call if you have any questions!

For more information, visit:
https://www.creb.com/News/Media_Releases/2022/January/2021_record_year_for_home_sales/