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Amar Calgary RealtorAbout 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.

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Courtesy Of
Shelley Lavalliere Of RE/MAX REAL ESTATE (CENTRAL)

$575,000 - 1156 Sq.Ft

Beds
3
Baths
3.00

ACTIVE

Detached

MLS® #C4188110

Welcome Home. This bungalow has been elegantly redesigned and meticulously updated opening up the floor plan to make the most of this bright space. Designer lighting, quartz counters & new windows are punctuated by stunning modern details. When it comes to style the elegant kitchen is brand new with a central quartz island that is perfect for entertaining. The shaker…
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Courtesy Of
Dennis H Hwang Of RE/MAX REAL ESTATE (CENTRAL)

$689,900 - 2552 Sq.Ft

Beds
5
Baths
4.10

ACTIVE

Detached

MLS® #C4189583

Beautiful brand new home built by Trico Homes in the sought after community of Nolan Hill with a Separate Side Entrance. This two storey home features a main floor with 9ft ceilings, laminate and tile flooring throughout, main floor den, kitchen with quartz countertops, island with granite countertops with flush eating bar, stainless steel appliance package, full height cabinets and…
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Courtesy Of
Dhanwant S Chahal Of RE/MAX COMPLETE REALTY

$429,900 - 976 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Detached

MLS® #C4189473

Well cared Mint condition Corner bungalow walking distance to school. Main floor had been totally renovated. The Main floor consists of Family room with gleaming hardwood floors, Family sized Brand new white kitchen with eating area that leads to back door. There are two Big sized bedrooms with hardwood floors on main floor and a totally renovated new bathroom done…
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Courtesy Of
Ellyn Mendham Of RE/MAX REALTY PROFESSIONALS

$1,595,000 - 3681 Sq.Ft

Beds
4
Baths
3.10

ACTIVE

Detached

MLS® #C4186656

A SPEC OF DUST WOULD BE LONELY in this amazing, beautifully maintained home situated on a large lot with mature landscaping backing to spectacular ravine views! Enjoy 10’ ceilings, HARDWOOD FLOORS, a CHEF’S DREAM KITCHEN WITH GRANITE COUNTERS, DETAILED MILLWORK, WALK-IN PANTRY. Elegant, formal DINING ROOM with built in cabinetry overlooks the view. MAIN FLOOR DEN. Convenient mud room leads…
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Courtesy Of
Shannon Schurman Of CIR REALTY

$819,866 - 1991 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4189069

**OPEN HOUSE Sat Aug 11,2-4pm**This beautiful new home high performance on a very private lot combines modern luxury living, outstanding views,with energy efficiency.Built to the highest energy efficiency standards,this home features extra-thick walls,triple-pane windows. Solar panels on the roof collect energy & "turn back" your electricity meter as it is fed back into the grid.The open concept layout,showcasing beautiful wide…
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Courtesy Of
Tracey A Tremblay Of CENTURY 21 ELEVATE REAL ESTATE

$319,900 - 1419 Sq.Ft

Beds
3
Baths
3.10

ACTIVE

Row House

MLS® #C4189174

Amazing 3 bedroom, 3.5 bath, 3 storey townhome for sale in Kincora! This unit offers 1400 SQ FT of LIVING SPACE and also includes one TITLED underground parking stall. Unique opportunity to own in a CONCRETE building. Don't worry about noisy neighbours as the concrete cuts out the sound from other units. Fantastic location with schools, playground and shopping nearby.…
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Courtesy Of
Alex C Miller Of CENTURY 21 ELEVATE REAL ESTATE

$739,900 - 2201 Sq.Ft

Beds
4
Baths
3.10

ACTIVE

Detached

MLS® #C4189064

Located on a quiet family friendly street in the desirable community of West Springs this beautiful family home offers over 3000sf of living space and is located within walking distance to TWO community public schools (K-9) and the community Catholic school (K-9). The main floor offers a spacious family room, a large dining space, and a dining nook with rear…
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Courtesy Of
Daniel Weiner Of RE/MAX REALTY PROFESSIONALS

$819,900 - 1712 Sq.Ft

Beds
5
Baths
2.10

ACTIVE

Detached

MLS® #C4189248

Stylish detached inner-city home in Mount Pleasant, with beautiful views & ideally located facing the park. Designer touches & stunning upgrades flow seamlessly throughout. Enjoy the chef’s kitchen with upgraded Viking appliances, 2-tone millstone & espresso shaker cabinets with soft-close wood dovetail drawers, Caesar stone quartz counters and Blanco sink & faucet. Upstairs, the luxurious master retreat features vaulted ceilings,…
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Courtesy Of
Curtis M Kramer Of RE/MAX FIRST

$499,500 - 1701 Sq.Ft

Beds
4
Baths
3.10

ACTIVE

Detached

MLS® #C4189073

Dream big, live better in this stunning, beautifully maintained 2-storey home in Montery Park. Many updates include A/C, new flooring, fresh paint, new windows, newer shingles, newer washer/dryer, H/E furnance, hot water on demand & much more. Thoughtfully designed main flr is perfect for entertaining & families on the go w/ a large kitchen complete w/ dining area. Bright kitchen…
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Courtesy Of
Sandra Kennedy Of RE/MAX LANDAN REAL ESTATE

$800,000 - 1694 Sq.Ft

Beds
5
Baths
4.10

ACTIVE

Detached

MLS® #C4189150

Awesome 180 degree mountain view welcomes you to this beautiful 5 bed 4.5 bath walkout family home with triple garage and outer buildings School bus picks up outside the electronically powered locking ornamental gates. Natural light w/vaulted ceilings create a bright & wonderful family gathering area. The living room boasts of fan assisted gas fire place and large pictures windows.…
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Courtesy Of
Sarah Anne Kennedy Of REDLINE REAL ESTATE GROUP INC.

$390,000 - 1520 Sq.Ft

Beds
3
Baths
2.00

ACTIVE

Detached

MLS® #C4189080

Looking for an acreage under 400K???...Well this beautiful gem is close to town and in a prime location. Absolutely immaculate 4.27 acres on pavement with the Bearberry Creek running just below the hill. This 2008 1520 sq ft (20X76) SRI mobile has many upgrades including very large windows that create a bright, open plan home. Large kitchen with lots of…
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Courtesy Of
Carmen Paradis Of RE/MAX REAL ESTATE (CENTRAL)

$524,900 - 2267 Sq.Ft

Beds
4
Baths
2.10

ACTIVE

Detached

MLS® #C4188855

Fantastic 2267sqft 4 bedroom home located in the heart of Douglasdale, within walking distance of the Bow River Pathway, Douglasdale strip mall, Douglasdale Park and Monsignor J.S Smith School. The main floor is flooded with natural light from the large south facing windows, located at the back of the home. The main floor has a large entrance that flows into…
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Courtesy Of
Christopher Duffy Of RE/MAX FIRST

$144,500 - 524 Sq.Ft

Beds
1
Baths
1.00

ACTIVE

Lowrise Apartment

MLS® #C4186859

Live and play in this fantastic Elliston Park apartment! This great starter home or investment property is complete with one bedroom, one bath and in-suite laundry. The well equipped kitchen features crisp clean white appliances, a timeless tile back-splash, and flows into the dining space making it ideal for intimate nights or entertaining a few friends. The kitchen/dining space effortlessly…
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Courtesy Of
Humberto Pineda Leon Of EXP REALTY

$419,900 - 1905 Sq.Ft

Beds
2
Baths
2.20

ACTIVE

Row House

MLS® #C4188288

Great townhome in a great location! This spacious home has upgrades all over! Taking a tour around the home you will see hardwood in the main floors and an upgraded kitchen with plenty of storage space, elegant granite countertops and stainless steel appliances. On the main floor you also have your living room area with a gas fireplace for the…
Active

Courtesy Of
Tracey A Tremblay Of CENTURY 21 ELEVATE REAL ESTATE

$249,900 - 811 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Apartment High Rise

MLS® #C4189458

Immaculate 2 bedroom+DEN for sale in new CONCRETE building NW Calgary community of Kincora! The OPAL floorplan by the Carlisle Group offers a modern open concept living space with Master ensuite and large balcony. This unit includes one TITLED underground parking stall. Please note that some of the photos are of the show suite. Actual unit may vary. This unit…


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Canadian home sales activity strengthens in July

Canadian home sales activity strengthens in July

Ottawa, ON, August 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from June to July 2018.

Highlights:

  • National home sales rose 1.9% from June to July.
  • Actual (not seasonally adjusted) activity was down 1.3% from July 2017.
  • The number of newly listed homes edged down 1.2% from June to July.
  • The MLS® Home Price Index (HPI) in July was up 2.1% year-over-year (y-o-y).
  • The national average sale price edged up 1% y-o-y.

National home sales via Canadian MLS® Systems rose 1.9% in July 2018, building on increases in each of the two previous months but still running below levels recorded from mid-2013 to the end of last year (Chart A). Led by the Greater Toronto Area (GTA), more than half of all local housing markets reported an increase sales activity from June to July.

Actual (not seasonally adjusted) activity was down 1.3% y-o-y. The result reflects fewer sales in major urban centres in British Columbia and an offsetting improvement in activity in the GTA.

“This year’s new stress-test on mortgage applicants continues to weigh on home sales but its effect may be starting to fade slightly in Toronto and nearby markets,” said CREA President Barb Sukkau. “The degree to which the stress-test continues to sideline home buyers varies depending on location, housing type and price range. All real estate is local, and REALTORS® remain your best source for information about sales and listings where you live or might like to in the future,” said Sukkau.

“Improving national home sales activity in recent months obscures significant differences in regional trends for home sales and prices,” said Gregory Klump, CREA’s Chief Economist. “Regardless, rising interest rates and this year’s stress test on mortgage applicants will likely prove to be difficult hurdles to overcome for many would-be first time and move-up homebuyers, heading into the second half of the year and beyond.”

The number of newly listed homes retreated 1.2% in July and stood below monthly levels recorded over most of the past eight years. New listings were down in more than half of all local markets, led by Calgary, Edmonton and Greater Vancouver (GVA). Fewer new listings in these markets more than offset an increase in new supply in the GTA.

With sales up and new listings down, the national sales-to-new listings ratio tightened further to reach 55.9% in July. This reading nonetheless remains within short reach of the long-term average of 53.4% for this measure of market balance.

Considering the degree and duration to which market balance readings are above or below their long-term average is a useful way of gauging whether local housing market conditions favour buyers or sellers. As a rule of thumb, measures of market balance 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, about two-thirds of all local markets were in balanced market territory in July 2018.

The number of months of inventory is another important measure for 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 5.3 months of inventory on a national basis at the end of July 2018, down from 5.4 months in June and near the long-term average of 5.2 months.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) was up 2.1% y-o-y in July 2018. This represents the first acceleration in y-o-y home price growth since April 2017. It also suggests that the dip in home prices last summer and their subsequent rebound in and around the GTA may contribute to further y-o-y gains in the months ahead.

Apartment units posted the largest y-o-y price gains in July (+10.1%), followed by townhouse/row units (+4.7%). By contrast, one-storey and two-storey single family home prices were again down from year-ago levels in July (-0.7% and -1.5% respectively) but the declines were noticeably smaller than in recent months.

Trends continue to vary widely among the 15 housing markets tracked by the MLS® HPI, with home prices up from year-ago levels in eight of them, little changed in two of them and down in the remainder.

Home price gains are diminishing on a y-o-y basis in the Lower Mainland of British Columbia (GVA: +6.7%; Fraser Valley: +13.8%), Victoria (+8.2%) and elsewhere on Vancouver Island (+13.7%).

Among Golden Horseshoe housing markets tracked by the index, home prices remained above year-ago levels in Guelph (+4.1%) and stabilized in Oakville-Milton (+0.1%). By contrast, home prices remained down on a y-o-y basis in the GTA (-0.6%) and Barrie and District (-3%).

In the Prairies, benchmark home prices remained down on a y-o-y basis in Calgary (-1.7%), Edmonton (-1.3%), Regina (-4.8%) and Saskatoon (-2.1%).

Meanwhile, benchmark home prices rose by 7.2% y-o-y in Ottawa (led by an 8.3% increase in two-storey single family home prices), by 5.7% in Greater Montreal (led by a 7% increase in townhouse/row unit prices) and by 5% in Greater Moncton (led by a 9.9% increase in apartment unit prices). (Table 1)

MLS® HPI provides the best way of gauging price trends because average price trends 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 July 2018 was just under $481,500, up 1% from the same month last year. This was the first year-over-year increase since January.

The national average price is heavily skewed by sales in the GVA and GTA, two of Canada’s most active and expensive markets. Excluding these two markets from calculations cuts close to $100,000 from the national average price, trimming it to just under $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. CREA works on behalf of more than 125,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers.

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




Data Related to Nearby Schools Added to Listings on REALTOR.ca

Data Related to Nearby Schools Added to Listings on REALTOR.ca

Ottawa, ON August 1st, 2018 – Canadian parents have always asked their REALTORS® about nearby schools when considering a new home and starting today they’ll be able to access school catchment information when looking at property listings on REALTOR.ca, Canada’s #1 real-estate website.

New school catchment information on REALTOR.ca will rollout nationally in phases, with major centers available now (see list below). Coverage will grow to 80% of school boards in Canada by September. An additional feature allowing parents to search for a property within a particular school’s catchment area will be available later in the fall.

“When searching for a home, having supplementary school catchment areas available will help homebuyers make better, more informed decisions when it comes to selecting a home that meets their families’ needs,” said James Mabey, a REALTOR® from Edmonton. “Consumers look beyond pricing, or the number of bedrooms and bathrooms, and expect REALTOR.ca to have the latest information on a property.”

Earlier this spring, CREA partnered with Local Logic to add neighbourhood specific lifestyle information to REALTOR.ca property listings.

“We’re very excited to continue expanding our relationship with REALTOR.ca and work with them to develop meaningful products that showcase advances in Canadian real estate technology,” stated Vincent-Charles Hodder, CEO of Local Logic.

To learn more about the new school catchment feature, please visit REALTOR.ca and look for a listing in the current coverage zones.

Cities currently covered: Toronto, Montreal, Vancouver, Calgary, Ottawa-Gatineau, Edmonton, Quebec, Winnipeg, Hamilton, Kitchener-Waterloo, London, St Catharines – Niagara, Halifax, Oshawa, Victoria, Windsor, Saskatoon, Regina

Cities to be added by September: St. John’s, Barrie, Kelowna, Abbotsford-Mission, Sudbury, Kingston, Saguenay, Trois-Rivières, Guelph, Moncton, Brantford, Saint John, Peterborough, Thunder Bay, Lethbridge, Nanaimo, Kamloops, Belleville, Chatham-Kent, Fredericton, Chilliwack, Sherbrooke.

– 30 –

About Local Logic
Local Logic collects and shares location characteristics to assist prospective buyers, and real estate professionals, in finding just the right spot. Scores ranging from walkability, nearby transit and even street sound levels paint a virtual picture of the location before even setting foot on the property.

About The Canadian Real Estate Association
REALTOR.ca is owned and operated by The Canadian Real Estate Association (CREA), one of Canada’s largest single-industry trade associations. CREA works on behalf of 125,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers. REALTOR.ca provides trusted, up-to-date and comprehensive property advertisements for residential, commercial and rental properties across Canada. Whether you have just started looking or you are ready to make that important purchase, REALTOR.ca connects you to valuable resources and local REALTORS® to help you find your dream property.

For additional information, please contact:
Steve La Barbera
Media Relations, Local Logic
T: 438-994-6444
E: steve@ftgdigital.com

Linda Kristal, Director, Communications
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E: lkristal@crea.ca




Canadian home sales activity improves in June

Canadian home sales activity improves in June

Ottawa, ON, July 16, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from May to June 2018.

Highlights:

  • National home sales rose 4.1% from May to June.
  • Actual (not seasonally adjusted) activity was down 10.7% from June 2017.
  • The number of newly listed homes eased 1.8% from May to June.
  • The MLS® Home Price Index (HPI) in June was up 0.9% year-over-year (y-o-y).
  • The national average sale price edged down 1.3% y-o-y in June.

National home sales via Canadian MLS® Systems rose 4.1% in June 2018 compared to May. While this marks the first substantive month-over-month increase this year, sales remain well down from monthly levels recorded over the past five years. (Chart A)

More than 60% of all local housing markets reported increased sales activity in June compared to May, led by the Greater Toronto Area (GTA). By contrast, sales in British Columbia continue to moderate.

Actual (not seasonally adjusted) activity was down almost 11% compared to June 2017. Sales marked a five-year low and stood almost 7% below the 10-year average for the month of June. Activity came in below year-ago levels in about two-thirds of all local markets, led overwhelmingly by those in the Lower Mainland of British Columbia.

“This year’s new stress-test on mortgage applicants has been weighing on homes sales activity; however, the increase in June suggests its impact may be starting to lift,” said CREA President Barb Sukkau. “The extent to which the stress-test continues to sideline home buyers varies by housing market and price range. All real estate is local, and REALTORS® remain your best source for information about sales and listings where you live or might like to in the future,” said Sukkau.

“The national increase in June home sales suggests activity may indeed be starting to turn the corner,” said, Gregory Klump, CREA’s Chief Economist. “Even so, the number of homes trading hands has a long way to go before it returns to levels posted in recent years. Looking ahead, home sales activity and price gains will likely be held in check by higher interest rates.”

The number of newly listed homes retreated 1.8% in June, and also stood below levels for the month in recent years. New listings declined in a number of large urban markets, including those in British Columbia’s Lower Mainland, Calgary, Edmonton, Ottawa and Montreal.

With sales up and new listings down, the national sales-to-new listings ratio tightened to 54.3% in June compared to 51.2% in May. The June reading was within short reach of the long-term average of 53.4%.

Consideration of the degree and duration to which market balance readings are above or below their long-term average is a useful way to gauge 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 its long-term average, about two-thirds of all local markets were in balanced market territory in June 2018.

The number of months of inventory is another important measure for 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 5.4 months of inventory on a national basis at the end of June 2018, down from the three-year high of 5.6 months in May. The long-term average for the measure is 5.2 months.

The Aggregate Composite MLS® HPI was up 0.9% y-o-y in June 2018, marking the 14th consecutive month of decelerating gains. It was also the smallest increase since September 2009. (Chart B)

Decelerating y-o-y home price gains have largely reflected trends at play in Greater Golden Horseshoe (GGH) housing markets tracked by the index. Home prices in the region has begun to stabilize and trend higher on a month-over-month basis in recent months.

Apartment units again posted the largest y-o-y price gains in June (+11.3%), followed by townhouse/row units (+4.9%); however, price gains for these homes have decelerated this year. By contrast, one-storey and two-storey single family home prices were again down from year-ago levels in June (-1.8% and -4.1% respectively).

With home prices having climbed above year-ago levels in 8 of the 15 markets tracked by the index, price trends continue to vary among housing markets.

Home price growth is moderating in the Lower Mainland of British Columbia (Greater Vancouver Area: +9.5% y-o-y; Fraser Valley: +18.4%), Victoria (+10.6%) and elsewhere on Vancouver Island (+16.5%).

Within the GGH region, price gains have slowed considerably on a y-o-y basis but remain above year-ago levels in Guelph (+3.5%). By contrast, home prices in the GTA, Oakville-Milton and Barrie were down from where they stood one year earlier (GTA: -4.8%; Oakville-Milton: -2.9%; Barrie and District: -6.5%). The declines reflect rapid price growth recorded one year ago and masks recent month-over-month price gains in these markets.

Calgary and Edmonton benchmark home prices were down slightly on a y-o-y basis (Calgary: -1%; Edmonton: -1.5%), while prices declines in Regina and Saskatoon were comparatively larger (-6.1% and -2.9%, respectively).

Benchmark home prices rose by 7.9% y-o-y in Ottawa (led by a 9.1% increase in two-storey single family home prices), by 6.4% in Greater Montreal (led by a 7.4% increase in townhouse/row unit prices) and by 6% in Greater Moncton (led by a 6.5% increase in one-storey single family home prices). (Table 1)

The MLS® Home Price Index (MLS® HPI) provides the best way of gauging price trends because average price trends 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 June 2018 was just under $496,000, down 1.3% from one year earlier. While this marked the fifth month in a row in which the national average price was down on a y-o-y basis, it was the smallest decline among them.

The national average price is heavily skewed by sales in the Greater Vancouver and GTA, two of Canada’s most active and expensive markets. Excluding these two markets from calculations cuts almost $107,000 from the national average price, trimming it to just over $389,000.

– 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. CREA works on behalf of more than 125,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers.

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