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theyellowbrickroad.ca

April 2019 Issue
403-829-2092
Natalie Berthiaume
April newsletter

Hello Friend

Welcome to my newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your community, or have any other real estate related questions, please contact me. I would be happy to meet with you to see how I can help you out.

Natalie Berthiaume
Natalie Berthiaume
Helping You Find Your Way Home
CIR Realty
403-829-2092
theyellowbrickroad.ca

Oversupply persists despite improved sales activity for affordable product

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March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

Shifts in the lower end of the market have not outweighed easing across the higher priced product. First-quarter sales dropped to 3,108 units. This is nine per cent below last year and 28 per cent below typical levels of activity.

Price declines and relatively slow sales activity are impacting the number of new listings. For the second consecutive month, new listings eased compared to last year’s levels and long-term trends, but it was not enough to prevent inventory growth.

“If new listings continue to slow compared to sales, it could start to help with the persistent oversupply scenario weighing on our housing market,” said CREB® chief economist Ann-Marie Lurie.

Click here for the full report.

Making the Most of the Season: 3 Spring Activities Worth Trying

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Spring is officially well-underway as we start to move into longer, brighter days and warmer temperatures. If you are looking for great activities to enjoy this season, there is no shortage of new things to try! Here are three fun activities that can help you make the most of the season.

Plant a Garden

With its mix of sunshine and showers, spring is the perfect time to start planting a garden. Keep an eye on the weather report, pick a sunny day, and get started! Planting colorful additions, such as daffodils and tulips, is great for sprucing up your home’s curb appeal. Another great option is edible plants such as parsley and tomatoes which can make for tasty additions to your meal prep!

Explore Your Neighborhood

It’s amazing how long a person can live in a place without truly getting to know the neighborhood! Spring is a fantastic opportunity to get some exercise, enjoy the fresh air, and explore. Plan out walks to different areas of your neighborhood that you haven’t had a chance to explore before—you never know what new shops or walking trails you might find!

Plan a Garage Sale

A garage sale is a perfect chance to clear the clutter from your home and make a little extra spending money on the side. When doing your spring cleaning, be sure to set aside any sellable items that you no longer have any use for. Pick a sunny weekend morning for your event and post a few signs around your neighborhood to advertise the big day. With any luck, your house should be cleaner and your wallet fuller by the afternoon!

Airdrie Market Watch - Detached

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Stats are calculated comparing March 2019 to March 2018 .

To see more information on local stats in Airdrie, please click here.

Calgary Market Watch - Detached

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Stats are calculated comparing March 2019 to March 2018 .

To see more information on local stats in Calgary, please click here.

Local Events

Calgary Comic & Entertainment Expo
Calgary, AB
April 25, 2019
Chris Hadfield Presents Exploration: Where We’re Going Next
Calgary, AB
April 29, 2019
Calgary Music Collectors Show
Calgary, AB
May 5, 2019

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This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.


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