August 2007 - Posts
I would like to thank Lola for submitting this commentary on the preliminary August numbers: Single Family homes: Average price $485,914(down $20,000 from July): Interpreting this number in light of the median price movement (below) one could say this
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Cooler weather is my prediction! The average price of single family homes has fallen about $17,000 since July, but the median is down only $5,000. Digging deeper, we see the the sales of high-priced homes are down substantially in August. If you delete
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Welcome back everyone! Due to the volatility of the market, I am opening the blog today. There is so much misinformation going around, I wanted to make sure people had a forum to discuss the state of the Calgary housing market. After average prices rose
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We can't believe bankers. We can't believe realtors(except me). We can't believe CREB. We can't believe politicians. Everyone is putting their own spin on things. Even bloggers hold on to their agendas in the face of facts that show otherwise.
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Now official. CREB has released the July stats. Single family home average prices have risen, but the median price has dropped. Condo prices have dropped for two months in a row now. Inventory is up 1% on SFH and 12% on condos. If you are going by the
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