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1) INJECT SOME COLOUR


If you’re going to be spending a lot of time in your yard, some visual interest is key. Bold colours are great for the outdoors and there are many ways to incorporate them into your space. Flowers are one of the cheapest and most popular ways to add colour, whether in the form of annuals in pots or perennials in your garden beds that will come back year after year. You can also add colour through your furniture and accent choices, including seat cushions, throw pillows, outdoor rugs, and painted pergolas or trellises.


2) UP-GRADE YOUR FURNITURE

If your patio set is a couple decades old, it might be time for an upgrade. Opt for new patio furniture with weather-resistant cushions, whether you’re looking for a dining set or bench seats for lounging. Brightly coloured...

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After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units.


Caution remains necessary, as monthly sales are nearly two per cent lower than activity recorded last year. However, this represents a significant improvement compared to the past several months, where year-over-year declines exceeded 40 per cent.


“Recent price declines, easing mortgage rates and early easing of social restrictions are likely contributing to the better-than-expected sales this month,” said CREB® chief economist Ann-Marie Lurie.

“However, the market remains far from normal. Challenges, such as double-digit unemployment rates, will continue to weigh on the market for months to come.”


New...

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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 per cent 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 fall,” said CREB® chief economist Ann-Marie Lurie. “Demand is also falling faster than supply. This is keeping the market in buyers’ territory and weighing on prices.” Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000.


With a greater share of the sales occurring in the lower price ranges, the average price decline was more than eight per cent. Prices for...

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After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.

The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This had a heavy impact on businesses and employment.

“This is an unprecedented time with a significant amount of uncertainty coming from both the wide impact of the pandemic and dramatic shift in the energy sector. It is not a surprise to see these concerns also weigh on the housing market,” said CREB® chief economist Ann-Marie Lurie.


By the end of March, sales activity had fallen 11 per cent compared...

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Iconic status was off in the future for the 22-year-old winger. The bushy moustache had yet to grow out and become a trademark.


“We bought our first home year three in Toronto,” said Lanny McDonald, reminiscing. “We’d just gotten married. The house was out in Port Credit. Mineola Street, I believe. A bungalow that had a bonus room up above the garage and it was the scariest thing in the world. Oh my gosh. I think it cost $125,000. We were making a good living, certainly no complaints, but buying a first house is frightening. Luckily, it turned out to be absolutely awesome."


“Darryl (Sittler) lived just down the way, on Mississauga Road. Wendy (Sittler) and (my wife) Ardell became great friends. Darryl and I would drive into the games and practices together. We had...

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This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s.

With the extra day this February, monthly sales totaled 1,197 units.  A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years.

“However, this should not diminish the fact that conditions are still improving,” said CREB® chief economist Ann-Marie Lurie.

“Calgary is continuing to see slow reductions in the amount of oversupply in the market, from modest changes in demand and reductions in supply. This needs to occur before we can see more stability in prices.”

The overall unadjusted...

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While lower Months of Inventory will lead to more balanced markets and stabilized pricing, we have noticed that the properties being sold have had an increased average price of 4% in Alberta to $375,649 from $361,131 in January 2019. Since the current Months of Inventory, and the number of sales in January do not support a market where we would see significant movement in price, it is primarily due to movement in the higher price ranges that is having this effect on pricing. The 6.3% increase in the average price for sales in Edmonton, and a 4.8% increase in the average price for sales in Red Deer had a big part in that jump upwards for the Province.
 
The sales activity in the higher price points is consistent with the showing activity that we have had for CIR's listings....
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For the past few years there has been talk about developing the property of The Nimmons Residence one of Calgary's historic houses. Located in Calgary's Bankview neighborhood, The Nimmons Residence is a 120 year old house that sits along side 14th street at 19th ave nestled in around low rise apartment buildings. A new proposal by Calgary's Brava Developments calls for the house to be moved to the opposite corner of the lot to make way for an 'L' shaped multi-family residential building.


Designed by Casola Koppe Architects , the residential building dubbed, Nimmons Court would be a 5 storey, 84 unit building that would flank The Nimmons Residence on the north and west sides, with the Nimmons Residence moved to the southeast corner of the property. The building is a modern styled design...

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Secondary suites make homeownership more affordable for cash-strapped buyers

Homes with secondary suites have been a hot topic in Calgary for years, but their appeal for homebuyers looking to generate extra revenue is only growing amid adverse economic conditions.


It is important to find out whether the secondary suite in a home is legal before making any purchase, which can be done by going to the City of Calgary’s website, www.calgary.ca/suites.

If a suite is illegal and a neighbour complains about noise or parking from a tenant, then a bylaw officer can come out and shut you down, meaning you’d have to tell your tenants to leave.


The best place to buy a home with a suite is typically near large employment centres, such as commercial or industrial areas, hospitals, universities,...

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The improvement of the Calgary housing market continued in December with further stability capping off a stronger second half of the year.

New figures from the Calgary Real Estate Board show that activity returned to levels close to those seen in the past five years with annual sales up 1%.

“Price declines, lower mortgage rates and some modest improvements in full-time employment helped support some demand growth in the city. Reductions in supply are also contributing to the slow adjustment to more stable conditions in the housing market,” said CREB® chief economist Ann-Marie Lurie.

Annually, the attached homes segment was the star performer with sales up by nearly 7% for a total of 3,780 sales. Apartments just outpaced year-ago levels with 2,672 units sold, while detached sales...

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Sometimes your recyclables require a little more TLC to ensure that what you are setting out for recycling actually gets recycled, and to prevent problems in the processing facility. Here are some common holiday wrapping materials that people often wonder about:


WRAPPING PAPER: While most wrapping paper can be included with your paper recyclables, please remove ribbons and bows, and exclude any wrapping materials
that are foil-lined. Tissue paper used to wrap presents or fill gift bags can also be included in your paper recycling bag or bin.


GIFT BAGS: Paper gift bags can be included with your paper recyclables. Be sure to remove handles, metal grommets and decorations such as bows and ribbons. Similar to wrapping paper, gift bags with
foil lining or non-paper decoration are not recyclable as...

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December 2/2019: Calgary Housing Market Still Favours the Buyer 

City of Calgary, December 2, 2019 – Year-to-date residential sales in the city remain just above last year’s levels due to improvements in the attached sector so far this year.

However, November sales activity eased over last year’s levels, mostly due to pullbacks in the apartment sector. 

Meanwhile, new listings eased enough relative to sales to cause inventories to ease and the amount of oversupply to come down slightly compared to last year’s levels.

“Achieving more stable conditions will take time. Sales activity has been settling in at lower levels and is likely being influenced by the economic conditions and uncertainty weighing on our market,” said CREB® ...

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These are the 10 most expensive Calgary communities in the southwest quadrant, based on year-to-date (YTD) residential average sale price.


1. Bel Aire
Established: 1960
Population: 390
Dwellings: 159
Median pre-tax household income: $401,839
New listings (YTD): 20
Number of residential sales (YTD): 4
Residential average sale price (YTD): $2,000,000
Residential benchmark price (YTD): N/A


2. Britannia
Established: 1956
Population: 690
Dwellings: 313
Median pre-tax household income: $268,603
New listings (YTD): 40
Number of residential sales (YTD): 19
Residential average sale price (YTD): $1,807,237
Residential benchmark price (YTD): $1,342,380


3. Bayview
Established: 1967
Population: 751
Dwellings: 248
Median pre-tax household income: $260,339
New listings (YTD): 22
Number of residential sales...

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