DailyStats.ca

Jan brings a welcome increase in inventory

Bob Truman — Mon, 01 Feb 2010 16:55:00 GMT

Don't get too alarmed or excited when you hear in the media that Jan sales were up 39%. In reality, sales were down 29% compared to the historical average for Jan. . Despite the increase in inventory, it's still only 62% of last year's level,...(read more)

Three weeks into the new year...

Bob Truman — Fri, 22 Jan 2010 17:30:00 GMT

Stats to Obsess Over For the period Jan 1 – 21: SFH Condo Sales New listings Sales New Listings 2010 442 1222 223 626 2009 279 1400 110 606 Historic Avg(9 yrs) 626 1463 228 610 2010 compared to historic avg -29% -16% -2% 3% . For single family homes:...(read more)

Market signals after one week

Bob Truman — Fri, 08 Jan 2010 18:05:00 GMT

Just updated the "Calgary Market Trends" page. In the first week of 2010, 17% of single family homes sold at list price or higher. That's not good news for buyers. That's higher than it's been at any time in the past four months....(read more)

Price falls 1.7% in Dec but is up 5.5% compared to last year

Bob Truman — Fri, 01 Jan 2010 16:19:00 GMT

Dec 2009 stats summary: The median price of single family homes(SFH) at $401,000 is down $7,000, or 1.7% from Nov. It's up 5.5% from Dec 2008 when it was $380,000. The SFH average price at $451,348 is down $13,096 or 2.8 compared to Nov. It's...(read more)

The biggest loser...

Bob Truman — Tue, 08 Dec 2009 22:09:00 GMT

Think back one year. Did anyone believe prices would rise 11% over the next 12 months? This exercise is to show how incredibly difficult it is to make an accurate prediction, especially when the well-educated bank economists were barely on the radar screen....(read more)

Sales up 63% in November

Bob Truman — Tue, 01 Dec 2009 17:52:00 GMT

Single family homes sales were up 63% compared to last year. Condo sales were up a mind-boggling 77%. Inventory continues to shrink. A sales/new listings ratio of 80% bodes well for sellers. Nov 2009 stats summary: The median price of single family homes(SFH)...(read more)

Calgary vs Edmonton

Bob Truman — Thu, 26 Nov 2009 04:02:00 GMT

No, this isn't about hockey or football. Sara and Sheldon from The Edmonton Real Estate Blog have posed this question to our readers: "The price of single family homes in Calgary has been on the rise all year, while in Edmonton we are seeing...(read more)

Highest increase ever

Bob Truman — Tue, 27 Oct 2009 19:02:00 GMT

By all estimates it appears that single family home sales in October will be approx 1260. That translates to an increase of 54% compared to Oct 2008 and the highest percentage increase for any month ever; at least since I've been keeping records....(read more)

September sales are up

Bob Truman — Thu, 01 Oct 2009 15:41:00 GMT

Still no signs of my predicted price decrease Compared to last year, for single family homes(SFH): - Sales are up 9%. Historically, going back to the year 2000, sales are up 2%. The average price, median price, and sales price per sq ft are all up. Homes...(read more)

How quickly will this listing sell? In conclusion...

Bob Truman — Thu, 20 Aug 2009 15:52:00 GMT

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

Bob Truman — Mon, 17 Aug 2009 17:08:00 GMT

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???

Bob Truman — Sun, 16 Aug 2009 19:11:00 GMT

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

Bob Truman — Sat, 01 Aug 2009 15:16:00 GMT

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)

Headline we don't want to see: "Bubble blogger assaults realtor"

Bob Truman — Wed, 29 Jul 2009 15:59:00 GMT

"whoever this "Squidly" fellow is, he needs serious mental help. This fellow could very well be a physical threat. I'd contact the authorities and get a physical restraining order against someone who appears to be as unstable he is."...(read more)

"aaaaaaaaaaaah! Run for your life! It's a housing crash! aaaaaaaah!"

Bob Truman — Sat, 25 Jul 2009 15:21:00 GMT

"On MLS map search there are almost 500 million dollar+ in inventory. Who is gonna buy these homes?" Those were blog comments from as recent as January; only six months ago. In the first six months of this year, over four billion dollars worth...(read more)