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JUNE 2023 CALGARY AND REGION REAL ESTATE MARKET REPORTS

Another record-high month for Calgary, with low inventory.

Calgary Real Estate Board: “The demand for housing remains robust, bolstered by a healthy labour market and increased migration levels, which helps offset the impact of higher lending rates,” said CREB® Chief Economist Ann-Marie Lurie. “Although we have seen some recent improvements in new listings, particularly for apartment condominiums, it is not enough to cause any substantial change from the low inventory situation in our city. While new home starts are on the rise, it will take time to observe their impact on supply.” With a supply of just over one month, the current market conditions continue to favour sellers, placing upward pressure on home prices. 

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MAY 2023 CALGARY AND REGION REAL ESTATE MARKET REPORTS

May sales reach record high.

Calgary Real Estate Board: Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year. At the same time, we continue to see fewer new listings on the market than last year, causing inventory levels to fall. With a sales-to-new-listings ratio of 85 per cent and months of supply of one month, conditions continue to favour the seller placing further upward pressure on home prices. “Calgary’s housing market continues to exceed expectations with the recent gain in sales activity this month,” said CREB® Chief Economist Ann-Marie Lurie. “The higher interest rate environment and recent rental rate gains have driven more consumers to seek apartment condominium units. In addition, the recent rise in new apartment listings has provided enough options to support the sales gain. Calgary continues to benefit from the relatively healthy job market and recent population growth keeping housing demand strong across all property types.” Persistently tight market conditions drove further price growth this month. In May, the unadjusted benchmark price reached $557,000, over one per cent higher than last month and nearly three per cent higher than last year’s monthly peak price of $543,000.

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Garage Door Upgrade

A new garage door can be a complete refresh. Updating your garage door can improve the look and functionality of your home. 

If your garage door is in great working condition, a new paint could give it the boost it needs. 

Return on investment when replacing an old, warped, paint pealing door is typically close to 100% and will stand the test of time. A renovation worth doing even if you are not planning on moving in the next five years.

Check out the difference online before taking the plunge. Many garage door websites allow you to try the door on a photo of your home.

Before:

After:

Garage Door


Garage Door
Garage Door
Garage Door
Garage Door

Contact Chris Marshall   chris@chrismarshallrealtor.com  |   chrismarshallrealtor.com

RE/MAX House of Real Estate

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Data sourced from CREB® March 2026 Calgary Monthly Stats Package and CREB® March 2026 Regional Monthly Stats Package. The trademarks MLS®, Multiple Listing Service® and associated logos are owned by The Canadian Real Estate Association (CREA). Data deemed reliable but not guaranteed.

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Tips for Eco Friendly Yards in Calgary

Calgary, like many other cities, is becoming increasingly conscious of the importance of sustainable and eco-friendly practices. Here are some tips for creating an eco-friendly yard in Calgary:

  1. Choose native plants: Native plants are well-suited to Calgary's climate and require less water and maintenance than non-native plants. They also provide a habitat for local wildlife.

      

    Eco friendly yard
  2. Composting is an excellent way to reduce waste and create nutrient-rich soil for your garden. You can create your own compost or purchase it from a local garden store. The City of Calgary gives away compost from the green bin program for free – although you need to book a time slot for pick up. Details on when / how to book:  https://www.calgary.ca/waste/residential/green-cart-compost-giveaway.html

    Eco friendly yard
  3. Install a rain barrel: A rain barrel collects rainwater from your roof, which you can then use to water your plants. This helps conserve water and reduces your reliance on the municipal water supply. Rain barrels have come a long way in looks, but do require a little more attention in the spring and fall to ensure they do not freeze and crack over winter. 

    Eco friendly yard
  4. Use natural pest control: Chemical pesticides can harm the environment and are not necessary for a healthy garden. Consider using natural pest control methods, such as companion planting or introducing beneficial insects like ladybugs or praying mantises. Yes, you can buy a bag of lady bugs – releasing the lady bugs is great entertainment, especially with young children. 

    Eco friendly yard
  5. Use a push mower: Gas-powered lawn mowers are a major source of air pollution. Consider switching to a push mower or an electric mower to reduce your environmental impact. Several Canadian cities have started to ban gas powered leaf blowers and lawn mowers.

    Eco friendly yard
  6. Reduce water use: Calgary is a dry city (most of the time), so it is important to be mindful of water use. Consider installing low-flow irrigation systems, and rain sensing systems. Drought-resistant grasses are a great option for areas that experience hot and dry conditions, as they can survive and thrive with minimal water.

    Eco friendly yard
  7. Hire a landscaping company to design an eco friendly yard. A professional landscaper can provide you with a plan or they can take the entire process from start to finish. Landscaping companies will design for full sun, partial sun, edible yards, low wet spots, sports, you name it. 

    Eco friendly yard
  8. Plant Drought-Resistant Vegetables

    These veggies tend to have deep roots or a natural tolerance for dry soil once established:

    Root Vegetables

    • Carrots – Especially smaller or early varieties.

    • Beets – Can handle dry spells once growing well.

    • Parsnips – Deep roots help them survive in drier soil.

    Leafy Greens (more tolerant than expected when mulched)

    • Swiss Chard – More resilient than other leafy greens.

    • Kale – Especially Lacinato (Dino) kale, can handle moderate drought.

    Fruiting Veggies

    • Tomatoes – Especially heirloom or determinate varieties, when deeply rooted.

    • Peppers – Particularly hot varieties like jalapeños and cayennes.

    • Zucchini & Squash – Once established, they're quite drought-tolerant.

eco friendly yard

By implementing these eco-friendly practices, you can create a beautiful and sustainable yard that benefits both your household and the environment.

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Maintaining your Deck, Extend the lifespan of you Deck

A deck is a valuable addition to any home, but it also requires regular maintenance to ensure maximum durability. Here are some tips to help you maintain your deck:

  1. Clean your deck regularly: Sweep your deck regularly to remove dirt, debris, and leaves. Use a garden hose or pressure washer (low setting) to clean your deck annually. You can also use a deck cleaner to remove any stains or discolorations.

    Deck Maintenance
  2. Inspect your deck: Inspect your deck regularly for any signs of damage, such as cracks, splinters, or rot. Replace any damaged or rotten boards to ensure the safety of your deck.

    Deck Maintenance
  3. Seal or stain your deck: Apply a sealer or stain to protect your deck from moisture and UV rays. Choose a product that is specifically designed for your type of decking material.

    Deck Maintenance
  4. Check the hardware: Check the hardware on your deck, such as screws and bolts, to ensure they are tight and secure. Replace any rusty or corroded hardware to prevent accidents.

    Deck Maintenance
  5. Trim surrounding foliage: Trim any trees or bushes surrounding your deck to prevent debris from accumulating on your deck and to promote air circulation.

    Deck Maintenance
  6. Move furniture and planters: Move any furniture or planters regularly to prevent moisture and debris from accumulating in one spot. Do not set planters directly onto a wooden deck, use plant stands, a trivet, even small rocks will do the trick to raise the planter off the surface of the deck.

    Deck Maintenance


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Curb Appeal: 10 tips to add value to your home right now.

Great curb appeal will add value to your home, whether you are selling or not.  If the houses on the street appear well kept, property values will be better than in an unkempt neighbourhood.  When houses on your street sell for more money, the value of your home will increase. Keeping your house tidy on the outside will help theirs sell for more money. Ready to sell or not these are great tips to keep up the curb appeal, from budget friendly to splurges they will increase the value of your home, now and years to come.

Here are some tips to help you create curb appeal for your home:

  1. Start with the landscaping: A well-manicured lawn, trimmed hedges, and colorful flowers can make a big difference in the appearance of your home. Consider hiring a landscaper to help design and maintain your yard. 

    Landscaping Curb Appeal
  2. Clean and repair your driveway and/or walkways: Cracks and stains in your driveway and walkways can be an eyesore. Consider repairing or replacing them. At a minimum, make sure there are no weeds growing in the cracks.

    Fix driveway sags, especially if it affects the roof-line of the garage, or sunken below the garage level. The driveway is one of the first things a buyer sees and perceives as being a large expense that they don’t want to deal with. The entire driveway doesn’t necessarily have to be dug up, there are companies that will lift sagging or sinking concrete. Driveways can also be resurfaced.   

  3. Front Door: First impressions are very important.

    Curb Appeal Red Front Door
  4. Front landing / Porch: Use artificial greenery to enhance the front yard. Artificial greenery can be a great way to create a low-maintenance and visually appealing landscape.

    Ensure that your front landing is not overly cluttered.  Tasteful potted planters, benches, a chair with a nice pillow can be used to stage your front landing, creating a welcome feeling. Clean. Clean. Clean.

  5. Lighting and hardware: Upgrading your outdoor lighting fixtures can not only enhance the safety and security of your home but also add a stylish touch to your exterior. 

    Updated, clean and matching light fixtures help boost curb appeal day and night. Light fixtures and hardware can be painted for a quick, easy and inexpensive update. Upgrading your door handles, house numbers, and mailbox can give your home a fresh look and enhance its curb appeal. 

  6. Windows: Clean windows inside and out.  Ensure that window sills are clean.  Although curtains are an interior item – they are seen from the exterior – make sure they are tidy and appropriate.  No flags or sheets for window coverings. Check that all screens are in good repair. 

    Window boxes filled with colorful flowers or greenery can add a charming touch to your home's exterior. Window boxes and shutters can add a punch of color and make windows appear larger. 

    If you have windows on your garage that are showing the inside clutter, use privacy peal and stick film to cover those windows. There are many great options to match the style of your home, if you can’t decide on a style go with a reflective one. 

  7. Exterior: Pressure washing your home's exterior can remove dirt and grime, making it look clean and refreshed. 

    Ensure that paint is not pealing off anywhere – patch or repaint.  Stay neutral and within the expectations of the neighbourhood when choosing paint colors.  Repaint brick if it is looking outdated. Replace any warped vinyl siding – it is quite inexpensive to have a couple of pieces replaced.

  8. Replacing your garage door is an investment that can enhance your home's curb appeal and increase its value. With the right design, materials, and installation, you can create a beautiful and functional garage door that complements your home's exterior. 

    If the door doesn't need to be replaced, clean, paint. Oil if it’s squeaky and make sure all garage door openers are in working order. If you have glass doors – add frost film or paint the interior side so that the items inside the garage are not visible from the street.  Match the style of the house/street to the style of the door.   

  9. Fence: Paint if necessary. Clean and tidy is the theme. Replace any rotten boards, make sure the fence is not falling over. A front picket fence can add charm, as long as it fits with the style of the house. 

  10. Roof: If the shingles are peeling up then it’s time to look into replacing them; this is a bigger ticket item but it will turn away buyers pretty quick if that’s the first thing they see. Replace damaged downspouts, paint or replace mismatching downspouts and eves trough.

  11. House numbers. An easy way to add an updated look. Check out these customizable numbers on Amazon:

                    

Remember, enhancing your home's curb appeal does not have to be a massive undertaking. By making small changes, you can create a welcoming and beautiful exterior for your home.

 

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APRIL 2023 CALGARY AND REGION REAL ESTATE MARKET REPORTS

Prices reach record high.

Calgary Real Estate Board: This month, persistent sellers’ market conditions placed further upward pressure on home prices. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city. “While sales activity is performing as expected, the steeper pullback in new listings has ensured that supply levels remain low,” said CREB® Chief Economist Ann-Marie Lurie. “The limited supply choice is causing more buyers to place offers above the list price, contributing to the stronger than expected gains in home prices.” In April, sales reached 2,690 units compared to the 3,133 new listings. With a salesto-new-listings ratio of 86 per cent, inventories declined by 34 per cent compared to last year and are over 45 per cent below long-term averages for April. While sales have eased by 21 per cent compared to last year, the steep decline in supply has caused the months of supply to ease to just over one month. This reflects tighter market conditions than earlier in the year and compared to conditions reported last April.

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JANUARY 2023 CALGARY AND REGION REAL ESTATE MARKET REPORT

CREB Report: The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties. At the same time, sales activity did slow compared to the high levels reported last year but remained consistent with long-term trends. However, there has been a shift in the composition of sales as detached homes only comprised 47 per cent of all sales. “Higher lending rates are causing many buyers to seek out lower-priced products in our market,” said CREB® Chief Economist Ann-Marie Lurie. “However, the higher rates are likely also preventing some move-up activity in the market impacting supply growth for lowerpriced homes. This is causing differing conditions in the housing market based on price range.” With 2,451 units available in inventory, levels remain 43 per cent lower than long-term trends for the month. While overall inventory levels are slightly lower than last January, there is significant variation by price range. Homes priced under $500,000 reported yearover-year inventory declines of nearly 30 per cent while inventory levels improved for homes prices above that level. Although conditions are not as tight as last year, lower supply levels are preventing a significant shift toward balanced conditions and prices did trend up slightly over last month breaking the seven consecutive month slide. As of January, the benchmark price reached $520,900, 5 per cent higher than last January, but still well below the May 2022 high of $546,000.

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DECEMBER 2022 CALGARY AND REGION REAL ESTATE MARKET REPORTS

Calgary Real Estate Reports "December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022.Over the past several months, the pullback in sales was also met with a significant pullback in new listings, causing further declines in inventory levels. As of December, there were 2,214 units available in Inventory, making it the lowest level of inventory reported for December in over a decade. “Housing market conditions have changed significantly throughout the year, as sales activity slowed following steep rate gains throughout the later part of the year,” said CREB® Chief Economist Ann-Marie Lurie. “However, Calgary continues to report activity that is better than levels seen before the pandemic and higher than long-term trends for the city. At the same time, we have faced persistently low inventory levels, which have prevented a more significant adjustment in home prices this year.” Benchmark prices eased to $518,800 in December, down nearly five percent from the peak price in May but almost eight percent higher than last December. While prices have trended down annually, they remain over 12 percent higher than last year’s levels. The housing market in 2022 generally outperformed expectations both in terms of sales and price growth." 

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NOVEMBER 2022 CALGARY AND REGION REAL ESTATE MARKET REPORTS

Calgary Real Estate Board Report: Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average. The pullback in sales over the past six months was not enough to erase gains from earlier in the year as year-to-date sales remain nearly 10 per cent above last year’s record high. The year-to-date sales growth has been driven by a surge in both apartment condominium and row sales. “Easing sales have been driven mostly by declines in the detached sector of the market. Higher lending rates are impacting purchasers buying power and limited supply choice in the lower price ranges of the detached market is likely causing many purchasers to place buying decisions on hold.” A decline in sales was met with a pullback in new listings and inventories fell to the lowest level reported in November since 2005. The pullback in both sales and new listings kept the months of supply relatively tight at below two months. The tightest conditions are occurring in the lower-price ranges as supply growth has mostly been driven by gains in the upper end of the market. Despite the lower supply levels, prices have trended down from the peak reached in May of this year. Even with the adjustments that have occurred, November benchmark prices continue to remain nearly nine per cent higher than levels reported last year.  

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OCTOBER 2022 CALGARY AND REGION REAL ESTATE MARKET REPORTS

Calgary Real Estate Board reports: Sales remain stonger than pre-covid levels. October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector. However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, 2022 will likely post a record year in terms of sales. “Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth, positive migration flows and a stronger commodity market are helping offset some of that impact.” New listings also trended down this month causing the sales-to-new-listings ratio to rise to 85 per cent and inventories to trend down. Much of the inventory decline has been driven by product priced below $500,000. While conditions are not a tight as what was seen earlier in the year, with only two months of supply, conditions remain tighter than historical levels. We are also seeing divergent trends in the market with conditions continuing to favour the seller in the lower-price ranges and shifting to more balanced conditions in the upper-price ranges. As of October, prices have eased by four per cent relative to the highs reached in May. This is considered a relatively small adjustment when considering price movements in other large cities. It is also important to note that the October benchmark price is still nearly 10 per cent higher than levels reported last year.

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SEPTEMBER 2022 CALGARY AND REGION REAL ESTATE MARKET REPORTS

Calgary Board of Real Estate "City of Calgary, October 3, 2022 - Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last year. However, with 1,901 sales in September, activity is still far stronger than levels achieved prior to the pandemic and is well above long-term trends for September. Despite recent pullbacks in sales and thanks to strong levels earlier in the year, year-to-date sales remain 15 per cent higher than last year’s levels. “While demand is easing especially for higher priced detached and semi-detached product, purchasers are still active in the affordable segments of the market, cushioning much of the impact on sales,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, we are seeing new listings ease, preventing the market from becoming oversupplied and supporting more balanced conditions.” In September, new listings declined by ten per cent. With a sales-to-new-listings ratio of 72 per cent it was enough to prevent any gain in inventory levels, which declined over last month and were nearly 21 per cent lower than last year’s levels. The adjustments in both sales and supply levels have caused the months of supply to remain relatively low at less than three months. The shift to more balanced conditions is causing some adjustments to home prices. While prices have slid from the highs seen in May, as of September, benchmark prices remain 11 per cent higher than last year and six per cent higher than levels reported at the beginning of the year." 

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.