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Amar Calgary RealtorAbout Amar – Calgary Realtor

Fluent in: English, Tagalog, Punjabi, Hindi, Urdu

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Courtesy Of
Sang C Woo Of THE REAL ESTATE COMPANY

$415,000 - 629 Sq.Ft

Beds
1
Baths
1.00

ACTIVE

Apartment High Rise

MLS® #C4149358

A great opportunity to own a unit in Calla, condo building located in the sought after neighborhood of Beltline. This one bedroom condo unit with titled underground parking, den and sunroom is located a short walking distance to downtown and just minutes to the 17 Ave restaurants, bars and stores. A well laid out open floor plan maximizes interior space.…
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Ibrahim M Elhage Of CIR REALTY

$460,000 - 1868 Sq.Ft

Beds
5
Baths
3.10

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Detached

MLS® #C4149293

Welcome Home! This updated 2 storey home features 5 BEDROOMS! 4 on the UPPER LEVEL! A rare find !! This home is located on a quiet street in Silver Springs and is steps away from a park & green space. Great size foyer and great use of space. Tons of upgrades done including a new roof, siding & hot water…
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Courtesy Of
Jim Li Of MAXWELL CAPITAL REALTY

$365,000 - 707 Sq.Ft

Beds
1
Baths
1.00

ACTIVE

Apartment High Rise

MLS® #C4149265

Fabulous High rise apartment, in very sought after Five West II Building. Open concept, Well kept, Well Priced. Original Owners! Great location! restaurants and shops right down stairs. Underground parking. Walk to work, Walking distance to Kensington, Bow River and Eau Clair Park. Call to view today!
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Nick Barbu Of ROYAL LEPAGE BENCHMARK

$379,800 - 1211 Sq.Ft

Beds
3
Baths
1.10

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Detached

MLS® #C4149298

Welcome to this fabulous Pacesetter built home with a great curb appeal. Some features include front porch, south facing backyard offering ample amount of sun, and a jetted soaker tub. Upgrades include new laminate flooring, lighting fixtures, kitchen faucet, cabinet hardware, and paint. The unspoiled basement is roughed in for a 3-piece bathroom and as awaiting your final touch.
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Meagen Mackenzie Of REAL ESTATE PROFESSIONALS INC.

$267,500 - 980 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Lowrise Apartment

MLS® #C4149227

Located in one of the best condo complex's in Okotoks, this corner unit has so much to offer. This unit faces NW with stunning mountain views. 2 bedrooms, 2 full baths. Beautiful new laminate flooring throughout. As you enter you're greeted with a roomy den that's perfect for an office or to use for storage. Continue through to the large…
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Tammy Dawn Lynn Haney Of MAXWELL CAPITAL REALTY

$354,000 - 911 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Lowrise Apartment

MLS® #C4149250

This cozy ground level 2 bedroom 2 full bath Condo in beautiful Bridgeland has it all. A private patio entrance, huge over sized windows all with new custom blinds, 9ft ceilings, new full-size high end stainless steel appliances, corian counter tops, raised breakfast bar, walk-in pantry, and new commercial hardwood. The patio with gas hook for bbq is just off…
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Jim A Ross Of RE/MAX SOUTHERN REALTY

$850,000 - 9524 Sq.Ft

Beds
0
Baths
0.00

ACTIVE

Retail

MLS® #C4149048

This one story retail office complex is 9523 square feet and is on a high traffic street in downtown High River. It is across the street from a park, and very close to a variety of government offices, retailers, a hospital, and George Lane Campground and Park. It is a 25,800 square foot corner site with safe and convenient access,…
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Kevin C Shapkin Of RE/MAX REAL ESTATE (MOUNTAIN VIEW)

$374,900 - 1436 Sq.Ft

Beds
4
Baths
2.00

ACTIVE

Detached

MLS® #C4149360

Stylish, bathed in natural light & spacious! This back split is developed on all 4 levels. A total of 4 bedrooms & 2 full baths. Plenty of room for the whole family to spread out and relax. Sparkling clean, updated kitchen with porcelain tiles, new cabinetry, slate appliances, countertops & gorgeous granite sink. Vaulted ceilings make the most of the…
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Sarah Robertson Of SELLER DIRECT REAL ESTATE

$588,900 - 2576 Sq.Ft

Beds
4
Baths
3.10

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Detached

MLS® #C4149214

Impressive, 2 story home in the beautiful city of Chestermere! Open the front door and be welcomed by gorgeous hardwood flooring which leads into the perfect dining room for entertaining. Luxurious kitchen with new quartz countertops and backsplash, stainless steel appliances including an additional wall oven! Kitchen flows into the cozy living room with fireplace, and main includes half bath,…
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Michelle Ferguson Of RE/MAX COMPLETE REALTY

$649,900 - 1555 Sq.Ft

Beds
3
Baths
2.10

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Detached

MLS® #C4149307

Welcome home, 2 1/2 storey character home in the desirable area of Rosedale with the classic front porch, lovely view of downtown from the upper floor. When you walk in you will love the neutral colours thru out new flooring in the entry way and beautiful hardwood in the formal living and dining room area. Kitchen has been upgraded with…
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Greg Lorne Of SUTTON GROUP - CANWEST

$359,900 - 1628 Sq.Ft

Beds
3
Baths
3.10

ACTIVE

Row House

MLS® #C4149105

Country Hills updated Townhouse. Two Story Corner Unit with Fully Finished Basement. New upgrades include: Stainless-Steele Appliances and Granite Counter tops in Kitchen and Bathrooms. The main floor has an open plan with 9' Ceilings, Hardwood and Tile flooring, the Kitchen has ample storage with White Cabinets, walk-in pantry and a breakfast bar. The large living room features a Gas…
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Dana L Wilkie Of CENTURY 21 BAMBER REALTY LTD.

$364,900 - 1159 Sq.Ft

Beds
3
Baths
1.10

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Detached

MLS® #C4149342

Welcome to the established area of Huntington Hills. This home needs modernization…yet offers 1159 sq ft up & a total of 2,230 sq ft of fully finished space. Great bones, a substantial lot size with over 54 ft FRONTAGE & DOUBLE OVERSIZED DETACHED GARAGE. The floor plan lends itself to an easy renovation with 3 good sized bedrooms up, a…
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Courtesy Of
Melissa Kost Of CIR REALTY

$230,000 - 878 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Lowrise Apartment

MLS® #C4149247

Why rent when you can own this fabulous 2 bedroom 2 bath corner unit in Lighthouse Landing. You are greeted upon entry into the spacious tiled foyer large enough to host an office area. This charming condo boasts an open concept layout offering a spacious feel and functionality as well as plenty of natural sunlight. Kitchen has modern white cabinets,…
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Devang Joshi Of RE/MAX REAL ESTATE (MOUNTAIN VIEW)

$99,900 - 5900 Sq.Ft

Beds
0
Baths
0.00

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Retail

MLS® #C4149353

**Be Your Own Boss Or Stay as Investor OR Run as a Family Business**Newly Set up FRANCHISE DOLLAR STORE up for Sale with 1st Year sales above $417K, Currently (1FT/1PT) Employees Operated only & Can be operated by full time new owner with 1 PT employee + VERY CLEAN & WELL ORGANIZED + 5914 SqFt + Low monthly lease payments…
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Courtesy Of
Allen Mehri Of CENTURY 21 BRAVO REALTY

$409,800 - 1550 Sq.Ft

Beds
3
Baths
2.10

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Detached

MLS® #C4149262

If you are looking for a great value and affordable home, here it is: Welcome to 2930 Prairie Springs Grove SW and here the features of this beautiful home: -3 bedroom plus a Bonus room and 3 baths- - Minutes from a green belt & park in a very desirable communities of Prairie Springs -Very nice curb appeal with a…


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Canadian home sales edge up again in October

Canadian home sales edge up again in October

Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels recorded one year ago.

Highlights:

  • National home sales rose 0.9% from September to October.
  • Actual (not seasonally adjusted) activity stood 4.3% below last October’s level.
  • The number of newly listed homes edged back by 0.8% from September to October.
  • The MLS® Home Price Index (HPI) was up 9.7% year-over-year (y-o-y) in October 2017.
  • The national average sale price climbed by 5% y-o-y in October.

Home sales via Canadian MLS® Systems edged up 0.9% in October 2017 on the heels of monthly increases in August and September, but remained almost 11% below the record set in March. (Chart A)

Activity in October was up from the previous month in about half of all local markets, led by the Greater Toronto Area (GTA) and the Fraser Valley, together with a number of housing markets in the Greater Golden Horseshoe region.

Actual (not seasonally adjusted) activity was down 4.3% in October 2017, extending year-over-year declines to seven consecutive months. Sales were down from year-ago levels in slightly more than half of all local markets, led overwhelmingly by the GTA and nearby cities.

“Newly introduced mortgage regulations mean that starting January 1st, all home buyers applying for a new mortgage will need to pass a stress test to qualify for mortgage financing,” said CREA President Andrew Peck. “This will likely influence some home buyers to purchase before the stress test comes into effect, especially in Canada’s pricier housing markets. A professional REALTOR® is your best source for information and guidance in negotiations to purchase or sell a home during these changing times.”

“National sales momentum is positive heading toward year-end,” said Gregory Klump, CREA’s Chief Economist. “It remains to be seen whether that momentum can continue once the recently announced stress test takes effect beginning on New Year’s day. The stress test is designed to curtail growth in mortgage debt. If it works as intended, Canadian economic growth may slow by more than currently expected.”

The number of newly listed homes eased by 0.8% in October following a jump of more than 5% in September. The national result was influenced most by declines in new supply in London-St. Thomas, Calgary and Greater Vancouver.

With sales up slightly and new listings having eased, the national sales-to-new listings ratio rose to 56.7% in October from 55.7% in September. A national sales-to-new listings ratio of between 40% and 60% is generally consistent with a balanced national housing market, with readings below and above this range indicating buyers’ and sellers’ markets respectively.

That said, this rule of thumb varies among local markets. Considering the degree and duration that current market balance is above or below its long-term average is a more sophisticated way of gauging whether local housing market conditions favour buyers or sellers. (Market balance measures that are within one standard deviation of the long-term average are generally consistent with balanced market conditions).

Based on a comparison of the sales-to-new listings ratio with its long-term average, about 60% of all local markets were in balanced market territory in October 2017.

The number of months of inventory is another important measure of the balance between housing supply and demand. It represents how long it would take to liquidate current inventories at the current rate of sales activity.

There were 5 months of inventory on a national basis at the end of October 2017, unchanged from the previous 2 months and almost on par with the long-term average.

At 2.5 months, the number of months of inventory in the Greater Golden Horseshoe region is up sharply from the all-time low of 0.8 months reached in February and March. However, it remains below the region’s long-term average of 3.1 months.

The Aggregate Composite MLS® HPI rose by 9.7% y-o-y in October 2017, representing a further deceleration in y-o-y gains since April and the smallest increase since March 2016. (Chart B)

The deceleration in price gains largely reflects softening price trends in Greater Golden Horseshoe housing markets tracked by the index.

The y-o-y increase in the national single-family benchmark home price diminished further, continuing the trend in place since May 2017 and making it the smallest y-o-y increase since March 2015.

Apartment units again posted the largest y-o-y gains in October (+19.7%), followed by townhouse/row units (+13.2%), one-storey single family homes (+6.3%), and two-storey single family homes (+5.8%).

Benchmark home prices were up from year-ago levels in 11 of the 13 markets tracked by the MLS® HPI.

After having dipped in the second half of last year, benchmark home prices in the Lower Mainland of British Columbia have recovered and now stand at new highs (Greater Vancouver: +12.4% y-o-y; Fraser Valley: +17.3% y-o-y).

Benchmark home price increases have slowed to about 14% on a y-o-y basis in Victoria, while still running at about 19% elsewhere on Vancouver Island.

Price gains slowed further on a y-o-y basis in Greater Toronto, Oakville-Milton and Guelph; however, prices in those markets remain well above year-ago levels (Greater Toronto: +9.7% y-o-y; Oakville-Milton: +8.3% y-o-y; Guelph: +13.2% y-o-y).

Calgary benchmark prices remained just inside positive territory on a y-o-y basis in October (+0.3%), while prices in Regina and Saskatoon were down compared to last October (-1.7% y-o-y and -4.1% y-o-y, respectively). (Due to a technical issue, MLS® HPI data for Regina and Saskatoon were recalculated from July 2017 onward).

Benchmark home price growth accelerated in Ottawa (+6.6% y-o-y overall, led by a 7.2% increase in two-storey single family home prices), Greater Montreal (+5.7% y-o-y overall, led by a 7.7% increase in prices for townhouse/row units), and Greater Moncton (+5.9% y-o-y overall, led by an 8.8% increase in one-storey single family home prices).

Ottawa and Greater Montreal recorded their biggest y-o-y price gains since October 2010 and April 2011, respectively.

The MLS® Home Price Index (MLS® HPI) provides the best way of gauging price trends because average price trends are prone to being strongly distorted by changes in the mix of sales activity from one month to the next.

The actual (not seasonally adjusted) national average price for homes sold in October 2017 was just under $506,000, up 5% from one year earlier. The national average price is heavily skewed by sales in Greater Vancouver and Greater Toronto, two of Canada’s most active and expensive markets. Excluding these two markets from calculations trims more than $120,000 from the national average price (to just above $383,000).

– 30 –

PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month. 

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types. 

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale. 

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 120,000 REALTORS® working through some 90 real estate Boards and Associations.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:

Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460




The Canadian Real Estate Association names Michael Bourque as new Chief Executive Officer

The Canadian Real Estate Association names Michael Bourque as new Chief Executive Officer

Ottawa, ON (October 27, 2017) – The Canadian Real Estate Association (CREA) today announced that Michael Bourque has accepted the role of Chief Executive Officer (CEO), effective later this year.

“On behalf of CREA’s Board of Directors, we are delighted Michael accepted the role of CEO,” said Andrew Peck, CREA President. “The real estate profession is experiencing an era of change as technology, consumer expectations and the regulatory environment evolve.  Michael’s unparalleled experience in association management and public policy position him to hit the ground running and face these challenges head on.”

Mr. Bourque is currently the CEO at the Railway Association of Canada. He has 30 years of experience in public policy roles on Parliament Hill, as a senior federal public servant and in government relations for Bayer and the Chemistry Industry Association.

“I am excited to begin my work with CREA staff, and the community of REALTORS® and associations,” said Bourque. “CREA’s members are not only business and community leaders, they are expert guides during what is, for many, the most significant financial investment of their lives. I look forward to advocating for a vibrant ecosystem for REALTORS® and homebuyers.”

Mr. Bourque will replace Gary Simonsen, who will retire at the end of the year, after 20 years at CREA, most recently as CEO and formerly as COO.

Biography

Michael Bourque was the President and CEO of the Railway Association of Canada (RAC), a post he held beginning in 2012. The RAC is a trade association representing over 50 railways and more than 33,000 employees from coast to coast, as well and over 75 supplier companies who build and maintain railway equipment.

Michael has served as the Chair of the Transportation Roundtable, and was a Board member of Operation Lifesaver.

Michael has some 30 years of experience in public policy roles on Parliament Hill, as a senior federal public servant and in government relations for Bayer and the Chemistry Industry Association.

He is a graduate of Toronto’s York University, where he studied Public Administration and Economics.


About The Canadian Real Estate Association
The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 120,000 real estate Brokers/agents and salespeople working through more than 90 real estate Boards and Associations.

For more information, please contact:

Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E-mail: pleduc@crea.ca­




Canadian home sales edge up again in September

Canadian home sales edge up again in September

Ottawa, ON, October 13, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down from levels recorded one year ago.

Highlights:

  • National home sales rose 2.1% from August to September.
  • Actual (not seasonally adjusted) activity stood 11% below last September’s level.
  • The number of newly listed homes rebounded by 4.9% from August to September.
  • The MLS® Home Price Index (HPI) was up 10.7% year-over-year (y-o-y) in September 2017.
  • The national average sale price climbed by 2.8% y-o-y in September.

The number of homes sold via Canadian MLS® Systems edged up 2.1% in September 2017. The small gain builds on an even smaller increase in August, but leaves national home sales almost 12% below the record set in March.

Activity was up between August and September in about half of all local markets, led by Greater Vancouver and Vancouver Island, the Greater Toronto Area (GTA), London and St. Thomas, and Barrie. In and around the Greater Golden Horseshoe region, some markets posted monthly sales gains while activity in others remained near recent lows or fell further.

Actual (not seasonally adjusted) activity was down 11% in September 2017 compared to the record for the month in 2016. Sales were down from year-ago levels in close to three-quarters of all local markets, led by the GTA and nearby housing markets.

“National sales appear to be stabilizing,” said CREA President Andrew Peck. “While encouraging, it’s too early to tell if this is the beginning of a longer-term trend. The national result continues to be influenced heavily by trends in Toronto and Vancouver but housing market conditions vary widely across Canada. All real estate is local, and REALTORS® remain your best source for information about sales and listings where you live or might like to.”

“Further tightening of federal regulations aimed at cooling housing markets in Toronto and Vancouver risks creating collateral damage in markets elsewhere in Canada,” said Gregory Klump, CREA’s Chief Economist. “It also jeopardizes Canadian economic growth, which is already showing signs of fading.”

The number of newly listed homes rebounded by almost 5% in September following three consecutive monthly declines. The national result was largely the result of a jump in new supply in the GTA.

With new listings up by more than sales in September, the national sales-to-new listings ratio eased to 55.7% compared to 57.2% in August. A national sales-to-new listings ratio of between 40% and 60% is generally consistent with balanced national housing market, with readings below and above this range indicating buyers’ and sellers’ markets respectively.

That said, this rule of thumb varies among local markets. Considering the degree and duration that current market balance is above or below its long-term average is a more sophisticated way of gauging whether local housing market conditions favour buyers or sellers. (Market balance measures that are within one standard deviation of the long-term average are generally consistent with balanced market conditions).

Based on a comparison of the sales-to-new listings ratio with its long-term average, about two-thirds of all local markets were in balanced market territory in September 2017.

The number of months of inventory is another important measure of the balance between housing supply and demand. It represents how long it would take to liquidate current inventories at the current rate of sales activity.

There were 5 months of inventory on a national basis at the end of September 2017, unchanged from August and broadly in line with the long-term average for the measure.

At 2.4 months, the number of months of inventory in the Greater Golden Horseshoe region is up sharply from the all-time low of 0.8 months reached in February and March. However, it remains below the region’s long-term average of 3.1 months.

The Aggregate Composite MLS® HPI rose by 10.7% y-o-y in September 2017, representing a further deceleration in y-o-y gains since April.

The deceleration in price gains largely reflects softening price trends in Greater Golden Horseshoe housing markets tracked by the index.

Price gains diminished in September among the ground-level benchmark homes tracked by the index and accelerated slightly for apartment units.

Apartment units again posted the largest y-o-y gains in September (+19.8%), followed by townhouse/row units (+13.5%), one-storey single family homes (+7.9%), and two-storey single family homes (+7.2%).

While price trends continue to vary widely by region, benchmark home prices were up from year-ago levels in all 13 markets tracked by the MLS® HPI – something that has not happened in close to seven years.

After having dipped in the second half of last year, benchmark home prices in the Lower Mainland of British Columbia have recovered and now stand at new highs (Greater Vancouver: +10.9% y-o-y; Fraser Valley: +16.2% y-o-y).

Benchmark home price increases have slowed to about 15% on a y-o-y basis in Victoria, while still running at about 20% elsewhere on Vancouver Island.

Price gains slowed further on a y-o-y basis in Greater Toronto, Oakville-Milton and Guelph; however, prices in those markets remain well above year-ago levels (Greater Toronto: +12.2% y-o-y; Oakville-Milton: +8.8% y-o-y; Guelph: +17.3% y-o-y).

Calgary benchmark prices remained just inside positive territory on a y-o-y basis in September (+0.6%). Meanwhile, home prices accelerated on a y-o-y basis in Regina (+7.7% y-o-y) and turned positive in Saskatoon, posting their first y-o-y gain since mid-2015.

Benchmark home price growth accelerated in Ottawa (+6.2% y-o-y overall, led by a 7.2% increase in one-storey single family home prices), Greater Montreal (+5.1% y-o-y overall, led by an 8.3% increase in prices for townhouse/row units), and Greater Moncton (+5.4% y-o-y overall, led by a 7.2% increase in one-storey single family home prices).

For Ottawa and Greater Montreal, the September 2017 y-o-y price gains were the largest since November 2010 and May 2011 respectively.

The MLS® Home Price Index (MLS® HPI) provides the best way of gauging price trends because average price trends are prone to being strongly distorted by changes in the mix of sales activity from one month to the next.

The actual (not seasonally adjusted) national average price for homes sold in September 2017 was just over $487,000, up almost 3% from one year ago. The national average price is heavily skewed by sales in Greater Vancouver and Greater Toronto, two of Canada’s most active and expensive markets. Excluding these two markets from calculations trims more than $110,000 from the national average price (to just above $374,500).

– 30 –

PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month. 

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types. 

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale. 

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations, representing more than 120,000 REALTORS® working through some 90 real estate Boards and Associations.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:

Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460