Will Canadian Interest Rate Increases Crash Calgary's Market?

 

Will-Canadian-Interest-Rate-Increases-Crash-Calgary-MarketIs it all over?

Are the rising interest rates in Canada the biggest threat to Calgary's real estate market over the next couple of years?

Lately, our team has been having several conversations about this topic with clients, reporters, and local magazines, and now, we want to put the record straight.

More than what the news headlines say, you need to look at two important factors to understand what is happening in the market. First, you need to analyze how interest rates change historically, then study the current supply in the market.

Interest Rates

Lindsay Labrecque, a mortgage broker shared historical information with our team to talk about the changes in…

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Should You Sell Your Home in the Spring or in the Fall?

Should-You-Sell-Your-Home-in-the-Spring-or-in-the-FallIs it better to sell your home in the spring or wait until the fall?

The best answer is always based on your goals and life restraints. Choosing the timing of selling your home can be tricky. You need to consider so many variables like your family’s preferences, your children’s school, work arrangements, and many other things.

And while you are thinking of strategies to sell your house, you need to give the same energy to finding your next home.



Here are three different charts to help you come up with an informed decision for your next move.

Sales vs New Listings

This chart shows the number of sales versus new listings in Calgary from February 2013 all the way up to…

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