A review of CREB’s numbers from April’s sales can be at first glance a bit sobering. Inventory is up 32.73% year over year and sales are down -20.11% year over year compared to April of 2017. Calgary sales remain well below the 10 year average by about 25%. This has resulted in the absorption rate rising to 4.82 months which is firm territory for a buyers market. Some segments and areas of the market are seeing larger slow downs than others. The largest appears to be in the Detached Single Family Home sector, with the North, Northeast and East Districts all experiencing the greatest declines. The stronger districts remain the South, City Centre and Southeast Districts. The average days on the market depends on the community, but many are in the 40-50 day range, which...

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CIR_LOGOemailWe’re excited to announce that Scott Baker & Associates have made the move to CIR REALTY, Calgary’s largest real estate brokerage. Anyone who knows me, who has ever worked with me, knows that I do my research, consider options, and make informed decisions when it comes to life’s big decisions. I’ve personally had two doctors and two dentists in my entire adult life. I am loyal and slow to change, and a career move affects my clients, my family, and our business model. I can tell you that this was really a no-brainer. Here’s why:

Today’s real estate is fast paced. It requires the latest technology and tools to reach an ever-changing real estate owner’s demographics in a way that they want to respond to. Buyers and sellers have access to a great...

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