Like clockwork, as soon as September hit the weather started to change. Leaves started to change colours, the air became crisper, and each day we have less sunlight. This time also marks the end of vacation season and a return to normality for many. People are back to school and work, back into their routines, and thinking about finishing up the year strong.
I have noticed that once the Labour Day weekend ended, the activity in the market has picked up. More buyers are back out looking, interest in properties for sale has increased, and the phone is ringing more each day. We can expect to see a decent amount of activity in the real estate market here in Calgary from now until December.
The single family home market is in good shape and showing good signs of being a balanced market. Buyers and sellers are occupying more common ground, making it easier to come to an agreement. The condo market in many areas continues to be in rough shape and depending on which market you are in the city, it can be tougher. That said, the townhouse market has been busier of late in the suburbs which boasts well for those markets.
Looking forward I am expecting 2017 to be better than 2016 for overall market conditions. We are all hopeful for better economic conditions and a rebound for our local oil and gas industry as it affects all of us in Calgary.
If you have any questions or need anything, feel free to reach out to me at the contact info below.
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David Jablonski - Team Lead - Jablonski Real Estate Group - Remax First
At the end of January 2017 we saw positive numbers across the board. S
"When it was time to sell my house I knew exactly who I was going to call - and Dave did not disappoint. From the second I texted him to signing the final paperwork, Dave advocated for me and getting what I wanted out of the sale of my home. He always made me feel like I was in the drivers seat but had a great co-pilot beside me to navigate and give suggestions on what direction to go! Dave was upfront and honest in all his dealings and made the process seamless and painless. I will definitely be using him to find my new house and would highly recommend him for the sale of your home!"