RE/MAX Real Estate Central


Call me today: (403) 207-3242

About Amar – Calgary Realtor

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

My commitment as your local REALTOR® is to provide you with the specialized real estate service you deserve. Whether buying or selling, I invite you to contact me with any questions that you may have. My promise to you is that your experience will be both stress-free and enjoyable.

Thank you for stopping by.

The Professional Experience You Deserve

All Listings - Calgary Real Estate

Take a look through all of our Office Listings

« prev 1 2 3 ... 8 9 10 11 12 13 14 ... 686 687 688 next »
Order:   Filter:
Active

Courtesy Of
Steve M Howes Of RE/MAX HOUSE OF REAL ESTATE

$429,800 - 1350 Sq.Ft

Beds
1
Baths
2.10

ACTIVE

Row House

MLS® #C4287685

Upscale modern conveniences & private comfortable country ambiance in old town western heritage concept. Private 480 acre recreational ranch bordering K-Country with horse & ATV trails to Provincial park areas. Open great room with mountain & meadow views, impressive 2 storey river stone wood burning fireplace & vaulted ceilings. Enjoy hearty breakfasts at the island kitchen & entertain in the…
Active

Courtesy Of
Dione J Irwin Of RE/MAX HOUSE OF REAL ESTATE

$369,900 - 1683 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Semi Detached

MLS® #C4287669

Amazing home with many upgrades, backing onto a beautiful POND and PARK. Stunning views and no neighbors behind you. 9 foot ceilings, GRANITE, HARDWOOD, STAINLESS STEEL APPLIANCES, UPPER LAUNDRY, SUNSHINE BASEMENT - and so much more! Large entrance, main floor den/tech area, huge kitchen with POT & PAN DRAWERS and WALK THROUGH PANTRY. Cozy gas fireplace with upgraded built-ins. Upstairs…
Active

Courtesy Of
Karolina Collister Of THE REAL ESTATE COMPANY

$525,000 - 2195 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4287660

Welcome Home! As you make your way through the spacious foyer into the bright open concept main floor your eyes will be drawn to the elegant living room that has a soaring 18' vaulted ceiling, modern gas fireplace mantel with large windows overlooking the natural beauty of open grassland & trees on the hill side. The oversized kitchen is a…
Active

Courtesy Of
Tarryn Hamilton Of RE/MAX REALTY PROFESSIONALS

$344,900 - 912 Sq.Ft

Beds
3
Baths
2.00

ACTIVE

Detached

MLS® #C4286862

**OPEN HOUSE - Saturday Feb.22, 3pm-5pm** A bright Bi-level with fully developed basement and a double detached garage. The main level has a large living room with gas fireplace, spacious kitchen with ample cabinets and large eating area, 2 good sized bedrooms and 4 piece main bath. The fully finished basement has a rec room, 3rd bedroom, 3 piece bath…
Active

Courtesy Of
Amy Brooks Of RE/MAX HOUSE OF REAL ESTATE

$939,900 - 2448 Sq.Ft

Beds
5
Baths
3.10

ACTIVE

Detached

MLS® #C4286750

Executive style living for the most discerning family in a prime Kelvin Grove location. Designed to allow for casual, unrestricted living, this 2 storey home showcases a perfect floor plan for entertaining. A spacious living room is enhanced by a warm gas fireplace & opens to a family style dining room. An upgraded kitchen openly communicates with the dining area…
Active

Courtesy Of
Hayley Green Of EXP REALTY

$279,900 - 1068 Sq.Ft

Beds
2
Baths
2.10

ACTIVE

Row House

MLS® #C4287691

Brand townhome the Galloway model. Newly built by Birchwood Properties. This home has 2 bedrooms & 2.5 bathrooms. Double attached garage. The neutral colour palette compliments the bright open-concept layout. The kitchen features a large island with beautiful quartz countertops and overlooks the spacious living room. 9 ft ceilings, stainless steel appliances. Upper floor master bedroom features a walk-in closet,…
Active

Courtesy Of
Tony Woo Of RE/MAX LANDAN REAL ESTATE

$489,000 - 836 Sq.Ft

Beds
3
Baths
2.00

ACTIVE

Detached

MLS® #C4287693

Terrific Inner City 53' wide lot. R-C2 zoning. This home has 2 bedrooms up/ 1 down, berber carpet flooring in living room, bedrooms and family room. This home has 2 full bathrooms and an illegal non conforming suite down to help with the mortgage payments. The home has newer lino in the bright main floor kitchen overlooking the huge backyard…
Active

Courtesy Of
Shawn Rasmussen Of COLDWELL BANKER MOUNTAIN CENTRAL

$519,900 - 1154 Sq.Ft

Beds
4
Baths
2.00

ACTIVE

Detached

MLS® #C4287689

Amazing LOCATION with UNOBSTRUCTED VIEWS! Arguably, THE BEST OBSTRUCTED VIEWS OF DOWNTOWN, BOW RIVER & MOUNTAIN VIEWS in the city!!! Just MINUTES TO DOWNTOWN! Nestled on the ridge this 3 bedroom home with a walk out basement has almost 2200 sqft of developed space. Great mortgage helper with a non-conforming SECONDARY SUITE with its own PRIVATE ENTRANCE! BRIGHT, OPEN FLOOR…
Active

Courtesy Of
Hayley Green Of EXP REALTY

$279,900 - 1068 Sq.Ft

Beds
2
Baths
2.10

ACTIVE

Row House

MLS® #C4287688

Brand townhome the Galloway model. Newly built by Birchwood Properties. This home has 2 bedrooms & 2.5 bathrooms. Double attached garage. The neutral colour palette compliments the bright open-concept layout. The kitchen features a large island with beautiful quartz countertops and overlooks the spacious living room. 9 ft ceilings, stainless steel appliances. Upper floor master bedroom features a walk-in closet,…
Active

Courtesy Of
Phil H Lepage Of RE/MAX REALTY PROFESSIONALS

$859,900 - 2360 Sq.Ft

Beds
3
Baths
3.10

ACTIVE

Detached

MLS® #C4286861

OPPORTUNITY KNOCKS! Where else will you find 14.28 acres of Ag Zoned land ready for horses, with a great 2 Storey Walkout home that has been STUNNINGLY UPGRADED!?! MAJOR BONUS – INCREDIBLE MOUNTAIN & VALLEY VIEWS!! Spectacular Sunsets & animal watching in the Valley, easy drive into Cochrane, this 3,000+ sqft fully developed home offers beautiful American Cherry Hardwoods, Tile,…
Active

Courtesy Of
Ken Richter Of RE/MAX REAL ESTATE (CENTRAL)

$423,500 - 823 Sq.Ft

Beds
2
Baths
1.00

ACTIVE

Detached

MLS® #C4287699

Older bungalow located on a massive 10,860sqft (almost a 1/4 of an acre) beautiful R-C1 mature treed lot in the heart of the inner city!! Situated on a quiet street at the end of the cul-de-sac, close to all amenities. A short walk to the Shouldice park and pool, the Bow river and river bike path system, 5 mins to…
Active

Courtesy Of
David A Johnston Of RE/MAX REALTY PROFESSIONALS

$515,000 - 2003 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4287703

Welcome to 132 Chaparral Valley Terrace, a sunny sanctuary located on one of the best lots in Chaparral Valley. Enjoy acres of green space, wild life and silence right inside the City with this spectacular home. This 3 bedroom, 2.5 bathroom home has a spacious open floor plan, hardwood flooring throughout and a beautiful south west facing back yard. This…
Active

Courtesy Of
Laur Burritt Of CIR REALTY

$269,900 - 894 Sq.Ft

Beds
3
Baths
2.00

ACTIVE

Detached

MLS® #C4287695

Cute! Affordable! Fully Finished! The owner has kept the sweet charm of the 50's & 60's while bringing this beauty back to life! Updated vinyl flooring in the kitchen, original hardwood throughout the rest of the main and durable laminate in the basement. Sunny living and dining area and two nice sized bedrooms on the main with four piece bath.…
Active

Courtesy Of
Devin Stephens Of MAXWELL SOUTH STAR REALTY

$981,750 - 1790 Sq.Ft

Beds
4
Baths
3.00

ACTIVE

Row House

MLS® #C4287697

A rare opportunity for the investor looking to purchase a luxury property in the downtown core which can be rented out on a short term basis or lived in full time. With 3 stories, 3 bdrms on the upper levels & a 1 bdrm suite on the main level which can be rented together or separate, these townhomes provide high…
Active

Courtesy Of
Fangliang Yu Of GRAND REALTY

$436,000 - 1943 Sq.Ft

Beds
4
Baths
3.10

ACTIVE

Detached

MLS® #C4287694

A well cared home features over 2600 square feet of fully developed space that is located in a quiet neighborhood. When entering the house you will be greeted with an open foyer and a bright front flex room, which is well suited for an office, living, or dining room. The spacious great room has corner gas fireplace with tile surround…


10313 others, view more

Advanced Real Estate Solutions

My website comes packed to the brim with tons of amazing features.

Changes to the mortgage stress test

Changes to the mortgage stress test

Ottawa, ON, February 18, 2020 – Earlier today, Minister of Finance Bill Morneau announced changes to the mortgage stress test.

The new benchmark rate used to determine the minimum qualifying rate for insured mortgages, coming into effect on April 6, 2020, will be the weekly median 5-year fixed insured mortgage rate from mortgage insurance applications, plus 2 per cent.

Recently, the gap between the Bank of Canada’s five-year benchmark rate and borrowers’ actual contract rates has been widening, suggesting the benchmark rate has become less responsive to changes in the market.

In October 2016, Finance Canada introduced a stress test for insured mortgages. In 2017, the Office of the Superintendent of Financial Institutions (OSFI) issued an update to Guideline B-20, requiring uninsured mortgages to be stress-tested as of January 2018. CREA data indicates that per capita sales activity for residential units in 2018 reached its lowest point since 2001, with 2019’s final sales total tied for second-worst.

“REALTORS® have advocated for changes to the stress test on behalf of potential homeowners who have been sidelined, borrowers who have moved away from the regulated market to less-regulated options, and real estate markets across the country in need of relief,” said Jason Stephen, President of The Canadian Real Estate Association. “We are pleased the government has taken steps to address some of these issues in Canadian housing markets.”

In response to the impacts of the stress test, CREA has recommended:

  • reviewing the mortgage stress test to ensure the realities of local real estate markets are taken into consideration; and
  • allowing existing mortgage holders to be exempted from the stress test at the time of renewal.

CREA welcomes today’s announcement and acknowledges government’s efforts to help Canadians achieve their housing needs through policy reflective of market conditions.

CREA CEO Michael Bourque said “Today’s announcement introduces a more dynamic measure to act as a minimum qualifying rate. The Bank of Canada’s weekly median 5-year fixed insured mortgage rate plus 200 basis points will be more responsive.”

CREA will be providing input as OSFI considers the same benchmark rate for uninsured mortgages and will continue advocating for policy solutions that make it easier for Canadians to find a home that is right for them.

For more information, please contact:
Pierre Leduc, 
Media Relations
pleduc@crea.ca
The Canadian Real Estate Association
200 Catherine Street, 6th Floor    Ottawa, ON K2P 2K9
Tel: +1 (613) 237-7111

< Back to Newsroom

Canadian home sales down in January

Canadian home sales down in January

Ottawa, ON, February 14, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

Highlights:

  • National home sales fell by 2.9% on a month-over-month (m-o-m) basis in January.
  • Actual (not seasonally adjusted) activity was up 11.5% year-over-year (y-o-y).
  • The number of newly listed properties was little changed (+0.2%) m-o-m.
  • The MLS® Home Price Index (HPI) advanced by 0.8% m-o-m and 4.7% y-o-y.
  • The actual (not seasonally adjusted) national average sale price climbed 11.2% y-o-y.

Home sales recorded over Canadian MLS® Systems declined by 2.9% in January 2020, although they remain among the stronger monthly readings of the last few years. (Chart A)

Transactions were down in a little over half of all local markets in January, with the national result most impacted by a slowdown of more than 18% in the Lower Mainland of British Columbia. While there were few notable gains in January, it should be noted that many of the weaker results have come alongside a shortage of new supply in markets where inventories are already very tight.

Actual (not seasonally adjusted) sales activity was still up 11.5% compared to January 2019, marking the best sales figures for the month in 12 years. Transactions surpassed year-ago levels in about two-thirds of all local markets, including most of the largest urban markets. As mentioned, some of the larger markets where sales were down, such as Ottawa and Windsor-Essex, are currently among some of the tightest supplied markets in Canada.

“Home price growth continues to pick up in housing markets where listings are in short supply, particularly in Southern, Central and Eastern Ontario,” said Jason Stephen, president of CREA. “Meanwhile, ample supply across the Prairies and in Newfoundland and Labrador is resulting in ongoing competition among sellers. All real estate is local, and nobody knows that better than a professional REALTOR®, your best source for information and guidance when negotiating the sale or purchase of a home,” said Stephen.

“Looking at local market trends across the country, one thing that stands out in markets with historically tight supply is a larger than normal drop in new listings at this time of the year,” said Shaun Cathcart, CREA’s Senior Economist. “The logic being that if you are a seller, you’re not just choosing when to list but effectively when to sell, so why not hold off until the spring when the weather is better, and more buyers are looking? Deferred listings mean deferred sales, which could explain some of January’s decline in activity. The question going forward is how many sellers are out there waiting to list their property, how much demand will respond, and how that will impact prices later this year.”

The number of newly listed homes was little changed in January, edging up a slight 0.2% on the heels of a series of declines which have left new listings at a near decade low. January’s small m-o-m change came as the result of declines in a number of larger markets, including Calgary, Edmonton and Montreal, which were offset by gains in the York and Durham Regions of the Greater Toronto Area (GTA) where new supply bounced back at the start of 2020 following a sharp slowdown towards the end of last year.

With sales down and new listings up slightly in January, the national sales-to-new listings ratio fell back to 65.1% compared to 67.2% posted in December 2019. Even so, the long-term average for this measure of housing market balance is 53.8%. It has been significantly above that long-term average for the last four months. Barring an unforeseen change in recent trends between the balance of supply and demand for homes, price gains appear poised to accelerate in 2020.

Considering the degree and duration to which market balance readings are above or below their long-term averages is the best way of gauging whether local housing market conditions favour buyers or sellers. Market balance measures that are within one standard deviation of their long-term average are generally consistent with balanced market conditions.

Based on a comparison of the sales-to-new listings ratio with the long-term average, close to two-thirds of all local markets were in balanced market territory in January 2020. Apart from a few areas of Alberta and Saskatchewan, the remainder were all favouring sellers.

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

There were 4.2 months of inventory on a national basis at the end of January 2020 – the same as in November and December and the lowest level since the summer of 2007. This measure of market balance is now a full month below its long-term average of 5.2 months. While still just within balanced market territory, its current reading suggests that sales negotiations are becoming increasingly tilted in favour of sellers.

National measures of market balance continue to mask significant and increasing regional variations. The number of months of inventory has swollen far beyond long-term averages in the Prairie provinces

and Newfoundland & Labrador, giving homebuyers ample choice in these regions. By contrast, the measure is running well below long-term averages in Ontario, Quebec and the Maritime provinces, resulting in increased competition among buyers for listings and providing fertile ground for price gains. The measure is still in balanced market territory in British Columbia.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) rose 0.8% in January 2020 compared to December, marking its eighth consecutive monthly gain. It is now up 5.5% from last year’s lowest point in May and has set new records in each of the past six months. (Chart B)

The MLS® HPI in January was up from the previous month in 14 of the 18 markets tracked by the index. (Table 1)

Home price trends have generally been stabilizing in most Prairie markets in recent months following lengthy declines. Meanwhile, prices are clearly on the rise again in British Columbia and in Ontario’s Greater Golden Horseshoe (GGH). Further east, price growth in Ottawa, Montreal and Moncton continues as it has for some time now, with Montreal and particularly Ottawa having strengthened noticeably in recent months.

Comparing home prices to year-ago levels yields considerable variations across the country, although for the most part trends are still regionally split along east/west lines, with rising gains from Ontario east, and a mixed bag of smaller gains and declines in B.C. and the Prairies.

The actual (not seasonally adjusted) Aggregate Composite MLS® (HPI) rose 4.7% y-o-y in January, the biggest year-over-year gain since February 2018.

Home prices in Greater Vancouver (-1.2%) remain slightly below year-ago levels, but declines are still shrinking. Meanwhile, January saw prices back in positive y-o-y territory in the Fraser Valley (+0.3%). Elsewhere in British Columbia, home prices logged y-o-y increases in the Okanagan Valley (+3.5%), Victoria (+3.4%) and elsewhere on Vancouver Island (+4%).

Calgary, Edmonton and Saskatoon continued to post small y-o-y price declines, while the y-o-y gap has now widened to -6.9% in Regina.

In Ontario, home price growth has re-accelerated across most of the GGH, with a number of markets getting close to double digits. Meanwhile, price gains in recent years have continued uninterrupted in Ottawa (+13.7%), Montreal (+9.8%) and Moncton (+6.4%).

All benchmark home categories tracked by the index accelerated further into positive territory on a y-o-y basis, with similar sized gains among the different property types.

Apartment unit prices posted the biggest y-o-y increase (+5%) followed closely by two-storey single family homes (+4.8%), one-storey single-family homes (+4.4%) and townhouse/row units (+4.2%).

The MLS® HPI provides the best way to gauge price trends, because averages are 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 January 2020 was around $504,350, up 11.2% from the same month the previous year. This was the largest increase since mid-2016.

The national average price is heavily influenced by sales in the GVA and GTA, two of Canada’s most active and expensive housing markets. Excluding these two markets from calculations cuts close to $110,000 from the national average price, trimming it to around $395,000.

– 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 associations, representing more than 130,000 REALTORS® working through 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
E-mail: pleduc@crea.ca

< Back to Newsroom

CREA’s Chief Economist, Gregory Klump, retires after 28 years

CREA’s Chief Economist, Gregory Klump, retires after 28 years

Ottawa, ON, February 11, 2020 –  Gregory Klump, CREA’s Chief Economist, has retired from The Canadian Real Estate Association after 28 years.

Greg Klump

Klump joined CREA in 1992, serving as staff economist for the Association. Promoted to Chief Economist in 2005, he grew CREA’s economic and data team into an authoritative source of Canadian real estate data and market analysis.

Klump was instrumental in the development of the MLS® Home Price Index (MLS HPI®). He was a member of CMHC’s National Housing Research Committee as well as a contributor to the Economic Research Committee of the Canadian Home Builders Association.

CREA wishes Gregory Klump all the best in his future endeavors.

– 30 –

About The Canadian Real Estate Association
The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry associations. CREA works on behalf of more than 130,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers.

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

< Back to Newsroom