Downtown Canmore will shine brightly with the spirit of the holiday season for 5 weeks starting November 28. Main Street and the surrounding area will come alive with the vibrancy and magic of Christmas with lights and decorations, guided shopping tours, Christmas specials, husband and child sitting, and more!
Visit the Christmas in Canmore official website for more details: www.christmasincanmore.com
The Festival of Lights is the largest free drive-by Christmas lights display in Calgary. Every year, volunteers help assemble over 105,000 LED lights in Confederation Park. The display draws over 55,000 visitors every day. It can be seen along 14th Street N.W., south of 24th Avenue.
WHEN: November 29th, 2014 – January 8th, 2015. 6 p.m. – Midnight
COST: Free
WEBSITE: Lions Festival of Lights
Head to the Calgary Zoo for their annual Christmas light display. 1.5 million twinkling lights line pathways and twist around trees, forming animals shapes and flashing to music. Dress warmly because this event is outside – but if you get cold there are fire pits to keep you warm, as well as hot chocolate.
WHEN: November 21st, 2014 – January 3rd, 2015
COST: General Admission $14.00, Child (3 – 15) $11.00, Infant (2 & under) Free
WEBSITE: Calgary Zoo
Take a step back into true holiday enchantment this Christmas in Calgary. Join us for a wagon ride, singing carols or visiting jolly old Saint Nick himself. Experience the magic of Christmas past as four of our historical family homes open their doors to share their Yuletide traditions, including the new Famous 5 Centre of Canadian Women.
Oct 29-31, 2014
An evening of ghostly fun, starting with a delicious dinner at Heritage Park’s Wainwright Hotel followed by a spooky ghost tour of the Park, after dark. Call (403) 268-8500 for tickets.
Oct 31, 2014
Come to the Calgary Farmers’ Market dressed in your costume and take part in the market’s Spooktacular Scavenger Hunt. Create some spooky crafts to take home and vote on your favourite carved pumpkin at the carving contest.
Times: 11 a.m. to 2 p.m.
For more information, visit: calgaryfarmersmarket.ca
Location: 510 77 Ave. S.E.
Calgary, July 2, 2013 – Sales activity in June exceeded growth expectations.
City of Calgary monthly residential sales totaled 2,317, a six per cent increase over June 2012 figures, and nearly five per cent higher than levels recorded in the first half of 2012. However, the impact of recent flooding is expected to trickle into the housing statistics over coming months.
“While sales and prices continue to show improvement, the city and residents of communities impacted by the recent flooding will face significant remediation challenges over the coming months,” said Ann-Marie Lurie, CREB® chief economist. “Until the extent of the damage is known, it is difficult to accurately assess the full impact this will have on the city’s housing market.”
The level of new listings totaled 3,003 units in the city, a nine per cent drop over the previous year. The rise in sales, combined with the drop in listings, is keeping overall market balance in favour of the seller.
Active listings totalled 4,584 units in June, of which more than 660 units are listed in flood-affected areas. Active listings are nearly 20 per cent less than last year.
“In the coming months, flood victims, particularly those who were planning on selling their homes, will have some big decisions to make,” said Becky Walters, CREB® President. “Will they take a discounted price? Or will they stay and fully remediate the property? Either way, in the short term, housing supply will likely be relatively tight.”
Condominium sales growth outpaced gains in the single family sector, as less availability of single-family homes priced at less than $500,000 have improved the demand for the relatively affordable condominium market.
After the first six months of the year, condominium apartment sales totalled 2,034 units a 9.5 per cent increase over 2012. Meanwhile, year-to-date condominium townhouse sales amounted to 1,672 units, up from 1,374 sales recorded in the first half of 2012.
“The tighter market conditions are placing upward pressure on pricing in all city sectors,” said Lurie. “While the areas affected by the flood may face some short-term impacts on pricing, any adjustments occurring are unlikely to outweigh the impacts on the overall city wide price growth.”
The benchmark price for condominium apartments and townhouses were a respective $264,000 and $295,000 for the month of June 2013. Condominium prices have increased by more than six per cent on a year-over-year basis, but remain below unadjusted peak levels.
Single-family sales activity totaled 1,638 units in June, a two per cent increase over 2012. However, after the first two quarters, single-family sales totaled 8,573 units, a one per cent increase over last year.
The single-family market moved into seller’s territory ahead of the condominium market, supporting stronger price growth. As of June the single-family benchmark price reached $459,700, a 6.7 per cent increase over the previous year.
“Prior to the events of the flood, our market was demonstrating tight supply levels, particularly for lower price product,” said Lurie.
Meanwhile economic indicators supported the growing demand in the city. Both the economic fallout and housing impact are yet to be seen. However, long-term economic prospects remain favourable for Calgary
Calgary, May 1, 2013 – The benchmark price of single-family homes reached a new high of $452,900 in April, as market conditions that favour the seller finally drove prices above the unadjusted peak of 2007.
“It’s really encouraging to see that the Calgary market remains strong,” said Becky Walters, president of CREB®’s board of directors. “It’s reassuring to both buyers and sellers to see that this area is outperforming many parts of the country.”
Single-family sales totalled 1,611 in April, nearly two per cent higher than the previous year, but year-to-date figures are similar to levels recorded in 2012. Sales growth in the first part of the year was stifled by a shortage of new listings and inventory. However, the year-over-year increase of 6.2 per cent helped support sales growth in April.
“Declining selection in the lower price range and market conditions that favour the seller in the overall single-family market has resulted in a boost in demand in the condominium market and surrounding towns,” said CREB® chief economist Ann-Marie Lurie. “Inventory levels declined across all of these segments. However, surrounding towns remain in balanced territory, as they experienced the effect of previously elevated inventory levels.”
After the first four months of the year, condominium apartment sales totalled 1,258 units, an 11 per cent increase over the previous year. Sales growth outpaced the number of new listings, causing inventory levels to decline to 893 units. This pushed the market toward a sellers’ market.
Tighter market conditions supported a year-over-year benchmark price growth of 7.35 per cent. Unlike the single-family sector, however, condo apartment prices remain well below unadjusted highs recorded in 2007.
Walters said a move to a sellers’ market will encourage those who have been waiting for price recovery to put their homes on the market. This, in turn, will provide more choices for buyers.
“New listings have been declining for the last few years as prices had not recovered,” she said. “People who did not have to sell chose to hold off. Price improvement can encourage new listings, easing some of the tension on the supply levels.”
There were 3,497 new residential listings in the city, an eight per cent increase relative to 2012. Sales activity also increased to a total of 2,376. Residential year-to-date sales improved by nearly four per cent compared to the same time in 2012. Meanwhile, citywide benchmark prices totalled $406,000 a seven per cent rise over the previous year.
“Calgary’s housing market continues to defy national softening trends as gains in the employment sector, migrant growth, rising wages and low interest rates are translating into growing demand for housing,” Lurie said.
For the first time since 2007, conditions favour the seller. However, economic conditions today are vastly different, making it unlikely that Calgary will see a repeat of those conditions, Lurie said. Our economy faces some challenges this year, and consumers still have options in both the new home market and surrounding towns, all factors that will temper price growth
| The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. |
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