https://darrenhartel.ca/mortgages/current-rates/

This could be the perfect time to buy!

During the month of October Calgary did experience an increase in Real Estate sales.

So far this year prices remain well below previous highs

Inventory levels are at 4 months of supply.

 Interest rates for 3 year fixed are as low as 1.69% OAC.

A perfect storm for buyers, plenty of choices, well priced and low interest rates.

Click the link below for payment Calculator.

Now is the time! Call for more details.

Lionel Sale “the sale” First Place Realty 403-606-5586

https://darrenhartel.ca/mortgages/current-rates/

Good Afternoon

Some good news for a change. I’ve attached the CREB Monthly stats, October sales of detached homes in Calgary was better than expected.

A 23% increase over last year. Year to date sales are 6% below last year’s levels. Taking into consideration what we have been through in 2020 this seems like a remarkable recovery.

Benchmark prices have trended upwards over the past 4 months. On a year to date basis we are still 1% below last year levels and 10% below previous highs, but still showing improvement.

Inventory levels fell below 3 months’ supply, this is a significant improvement from the 4 months supply recorded over the past few years.

This trend indicates it could be a perfect time for a “Move-up” as the market is stronger in the under $500,000 price range than in the $600,000 plus price range.

For buyers wanting to take advantage of the current market to add revenue property to their portfolio, prices of Multi-family properties are lower than...