Mins to both Calgary & Airdrie, w/ unobstructed views of the mountains & Airdrie. $3,200,000 Rocky View County 120 Acres! Fully developed country style walkout home 40x64 Shop Call/message us for more details: 403-681-0319 #comingsoon #rockyviewcounty #acreageliving #airdrierealtor #peshketeam #peshkerealestateteam #maxwellcapitalrealty

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January sales rose to 1,650 units, a significant gain over last year's levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced above $700,000.

The rise in new listings relative to sales did little to change the low inventory situation in the city.  With 2,150 units in inventory, levels are near the January record lows set in 2006 and are nearly 49 per cent below the long-term average for the month.

"Supply challenges have been a persistent problem since last year. This month's gain in new listings has helped provide options to potential purchasers, supporting sales growth.…

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The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.

Global economic growth continues to slow, with inflation easing gradually across most economies. While growth in the United States has been stronger than expected, it is anticipated to slow in 2024, with weakening consumer spending and business investment. In the euro area, the economy looks to be in a mild contraction. In China, low consumer confidence and policy uncertainty will likely restrain activity. Meanwhile, oil prices are about $10 per barrel lower than was assumed in the October Monetary Policy Report (MPR). Financial conditions have eased, largely…

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City of Calgary, Jan. 23, 2024 – The Calgary Real Estate Board (CREB®) is pleased to announce the release of its highly anticipated 2024 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB® Chief Economist Ann-Marie Lurie, offers a detailed analysis of Calgary's economic and housing market trends and surrounding areas for the upcoming year.

The report delves into the impact of rising lending rates on the housing sector, as buyers looked for more affordable housing options, and some potential sellers held back from listing to navigate the challenges posed by higher lending rates.
 
Chief Economist Ann-Marie Lurie underscores this dynamic, stating, "Despite higher rates, 2023 was a year of relatively strong…

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Congratulations to our sellers! Congratulations to our sellers on the sale of their beautiful home! We are very excited for your next journey! We wish you all the best! If You Are Looking To Buy Or Sell ... Give us a call, we would love to help! 403-681-0319 #justsold #happyclients #reunion #airdrie #airdrierealtor #peshketeam #peshkerealestateteam #maxwellcapitalrealty

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 *Special thanks to Bocc Home Inspections for this great article!

What is Attic Rain?

Attic rain occurs when moisture enters the attic space during colder months which then freezes and builds up a layer of frost within the attic. When temperatures rise, the frost melts and drips onto the upper level ceiling. Moisture spots and stains on the ceiling of the upper level (or main level in a single story home) can be a sign of attic rain.

When does is Occur?

Attic rain most commonly occurs when temperatures rise after a cold spell, during the winter months and in the spring. It is most common in newer home as they built to be more air-tight which reduces air flow and traps moisture within the home.

What Causes Attic Rain?

Attic rain is…

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Congratulations to our sellers & buyer! It may have been a cold weekend, but for these wonderful clients, life just got warmer & more exciting! Cannot wait to see where the future takes our seller & buyer! We wish you all the best! If You Are Looking To Buy Or Sell ... Give us a call, we would love to help! 403-681-0319 #justsold #happyclients #mountainviewcounty #watervalley #acreageliving #peshketeam #peshkerealestateteam #maxwellcapitalrealty

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Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes.

“Higher lending rates dampened housing demand this year, but thanks to strong migration levels, housing demand remained relatively strong, especially for affordable options in our market,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, supply levels were low compared to the demand throughout the year, resulting in stronger than expected price growth.”

Inventory levels were persistently below long-term trends for the city…

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!JUST LISTED! #11 - 5341 Twp Rd 293A, Mountain View County https://peshketeam.maxwellrealty.ca/.../a2097729-11-5341.../ $220,000 MLS A2097729 3.34 Beautiful Acres; Gently Sloped, Great Elevation! Last Lot Available To Build Your Dream Home! The Possibilities Are Endless With An Opportunity Like This Call/message us for more details: 403-681-0319 Discover acreage living with this exceptional 3.34-acre parcel nestled in the coveted Water Valley Heights. A rare gem, this is the final opportunity to claim your slice of serenity in this wonderful development. Situated just 2 miles from the charming Hamlet of Water Valley, this property invites you to embark on a journey of scenic beauty &…

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