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Its that time of year again - when you walk through Calgary, you see cartoon cowboys, cowgirls, and horses painted on storefront windows, with captions like "yahoo" and "yeehaw"! This year, Re/Max is sponsoring Chuckwagon driver Logan Gorst.
RE/MAX is hoping to raise $10,000 for the Children's Miracle Network over the 10 days of Stampede! Come out to support our Chuckwagon and better yet this great cause!
RE/MAX has also donated 4 infield Chuckwagon tickets per night for families who are staying at the Alberta Children's Hospital.
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There is now one convenient location to get news and videos from Don R. Campbell, REIN and other real estate experts. We've updated our Alberta News section and posted crucial videos to help you get all the facts you need to invest with confidence. It's all laid out in an easy to use format.
Click here to get informed.
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Well as we expected, June was a record breaking month for sales. Over 2400 sales this month, more sales than May (2161 sales). The other big story is how many listings are out there. Our inventory has dropped down to the 6500 range. That is much lower than last June (2008) when we had 10,817 homes for sale. Prices for both condos and single family both went up just under 1% for the month. Not as high of an increase as May (4% increase). This could be something to watch. The high sales volume units wise is not translating into a manic price increase (like 2006). In fact the percentage of the total sales are very similar to January 2009 numbers. We have been hovering around 50% of the market in that $300,000 or less price point. So the market has been very strong, but the prices have not gone crazy. A 5% increase in two months is still very substantial. I've attached some graphs that might be of interest. Happy Canada Day everyone!
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* Canada is the second largest country in the world, with 9,971,000 square kilometres of land.
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