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August 2009 - Posts

How quickly will this listing sell? In conclusion...
If you were reading this blog in March, you may remember a listing in Renfrew which I put on the blog How quickly will this listing sell? . Now settled into their new home, the sellers have been kind enough to answer a few questions about the process Read More...
House sells for $10.3 million
A home in Elbow Park set a record yesterday for the highest price ever paid for a home in Calgary at $10.3 million. The previous high price was set last year for a Crescent Heights home which sold for $7.5 million. The 8588 sq ft house was listed for Read More...
Might this insanity finally be ending???
The headline came from Garth Turner's blog greaterfool.ca/ . A blogger, upon being the only person at an open house, asks if we've finally seen the end of the mania, and also asks the question, "How many first-time buyers and greater fools Read More...
July sales set a new record
There were 1585 single family homes sold in July. That's the most ever. The previous record was in 2005 with 1573 sales. Sales were up 21% compared to last year. Although the median and average prices dropped, the sales price per sq ft actually increased. Read More...