I just finished uploading this Townhouse for sale, #625 3131 63 AV SW, Calgary, Alberta

One of the better locations within the well run complex of Lakeview Green Phase 2. Inner unit with extra insulation, south patio sheltered from winds. Fenced courtyards, spruce treed green space, no neighbours to see and a great play area for kids & pet friendly. The kitchen has been renovated with newer stainless appliances, granite counters & white cabinets. Newer lighting, marble floors in main bath, sunken living room with newer carpet and remote corner gas fireplace. 3 beds up & 2.5 baths make this a great family home in a superb location with access to some of the cities best schools. The master has a walk-in closet & renovated ensuite with large shower. All windows and patio doors have been updated. Newer water softener, newer gas BBQ hook up, upper level laundry & shelving in a storage room. 2 parking stalls in heated parkade, plus parking for a couple motorcycles. Walking distance to Glenmore/Weaslehead Parks, all amenities and schools. Pet Friendly.

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I just finished uploading this Duplex for sale, 120 ROCKYSPRING GV NW, Calgary, Alberta

Surprisingly large and well laid out floor plan. With over 1,500 sqft plus a developed basement and a DOUBLE ATTACHED GARAGE. Main floor has tiled entrance. Living, dining & kitchen have bamboo hardwood flooring. Open floor plan. Kitchen has a warm maple cabinets, corner pantry, granite counters and black appliances. Upstairs you are greeted by Maple hardwood in the 3 large bedrooms & office. 4 bathrooms include 4 pc upper main, 4 pc ensuite, 2 pc powder room on main floor with glass sink + 3 pc shower in the. FULLY DEVELOPED BASEMENT. Sliding doors lead to your private Sunny west facing yard. Cork flooring in basement living room. This is a bareland condo with it's own RPR. Condo fees include landscaping, insurance & garbage removal. Located in Rocky Ridge just off 12 Mile Coulee Road, close to shopping with easy access to Crowchild, the ring road and getting out of town for the weekend.

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I just finished uploading this House for sale, 6902 LEASIDE DR SW, Calgary, Alberta

*OPEN HOUSE SAT. MAY.18 2-4* LAKEVIEW VILLAGE Bi-Level on a massive (1/3 acre) 12,000 sq ft pie shaped lot. Almost 3000 sq ft of living space and 5 SPACiOUS BEDROOMS. You are welcomed by the vaulted Foyer and instantly soaked by sun from the large windows in the vaulted living room. 2 Brick Wood Burning Fireplaces, Lower Living room also has wall to wall windows. 2 vaulted bedrooms up PLUS 3 bedrooms in the fully developed basement. 3 FULL BATHROOMS, Bright white kitchen. Site finished OAK Hardwood flooring in the Main floor bedrooms, hall, living & dining rooms. The back yard OASIS is Totally Private surrounded with a variety of mature trees, shrubs, fully fenced and backs a pathway for easy access to the green space, schools. Transit is direct to Mt. Royal University, Downtown and Chinook mall. Detached Double Garage with parking available for 6 more. On a quiet tree lined street. Half block to Transit, Jennie Elliott school, walk to Glenmore Park.

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A Slight Inventory Decline:


There have been no significant changes occuring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels.

The slight adjustment in supply levels has helped support further reductions in the months of supply, which was 4.6 months in April. While this level still represents oversupply in our market, it does reflect improvement from the nearly seven months of supply that we saw at the start of the year.

As of April, the total residential benchmark price in Calgary was $415,900.  This is slightly higher than last month, but nearly 5% lower than last year.

Demand remains relatively weak in the resale market. However, if supply levels continue to adjust, this could help reduce the amount of oversupply and eventually support some price stability.

Citywide sales were 1,547 units in April which is 2% higher than last year.  Year to date sales remain nearly 6% lower than last year and are 26% below long term averages.

Sales have been improving mostly in the lower price ranges, causing tighter supply conditions in that segment. This will likely have a different impact on price trends in the lower price ranges, depending on location.

Detached Homes:

* Detached home sales improved by 3% in April compared to last year due to gains in homes priced under $500,000. However, with 930 sales, activity still remained 24% below long term averages. 

* In April, there was growth in the NE, NW, S and SE districts of the city.

* April detached inventories citywide continue to remain just above levels recorded last year.

* Prices remain lower than last year's levels across all districts.

Apartment:

* Apartment condominium prices in April totalled $250,400. 

* The easing inventories have also caused the months supply to decline, just above 6 months. While this is still a buyer's market, this trend could help ease the downward pressure on prices if it continues. 

Attached:

* Attached sales activity improved compared to last year for a second straight month, almost offsetting the declines occuring in the first 2 months of the year.  Year-to-date sales were 1,113 units, nearly 1% below last year's levels and 14% below long term averages. 

* Year to date sales have improved in most districts.

* Improved sales and easing listings have helped prevent further inventory gains in this sector and overall months of supply have trended down to 5 months. 

To view the entire CREB forcast, visit www.creb.com


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