I just finished uploading this House for sale, 5939 LAKEVIEW DR SW, Calgary, Alberta

*Open house: Sat. Jan 25 from 2 to 4 pm & Sun. Jan 26 from 11 to 1 pm *Welcome to 5939 Lakeview Drive! This 4 bedroom (3 up & 1 down) bungalow is ready to move-in. Updated custom white kitchen with plenty of storage and brand new quartz countertops, newer wide plank laminate flooring throughout the home and new light fixtures. Updated windows & shingles, mid efficiency furnace. Bright updated 4 pc bathroom on the main floor and a 3 pc bathroom just off the basement bedroom. Fully developed basement has a massive living room where you can enjoy movie night plus a recreational room. Rest and relax in the West facing fenced yard on the newer composite deck. Let's not forget the detached, insulated and drywalled garage as well as the RV parking. Just a short walk to Bishop Pinkham and Jennie Elliot schools and a short commute to MRU & Glenmore Park. A must see!

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December sales improved to levels more consistent with activity recorded over the past five years.
This follow weak sales activity last year.

A stronger second half in 2019 was enough to push annual sales up by 1%.

"Price declines, lower mortgage rates and some modest improvements in full-time employment helped support some demand growth in the city. Reductions in supply are also contributing to the slow adjustment to more stable conditions in the housing market," said CREB chief economist Ann-Marie Lurie. 
"As oversupply in the market continues to ease, we should start to see more stabilization in prices. However, conditions continue to favor the buyer and this is weighing on prices".

December unadjusted benchmarks prices were $418,500. This is just slightly lower than last month and 1% per cent below last year's levels. Overall prices in 2019 declined by 3% over last year's levels. The total adjustment in prices in a 10% decline since the 2014 slowdown in the energy sector. 

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Happy New Year! May 2020 bring an abundance of health, joy and prosperity! 

We would like to say a big Thank you to our valued clients as well as friends and family that recommended us and everyone who supports our business. 

Alberta experienced a slower economic condition and it has contributed to a decrease in average residential prices.
It was a challenging year but it doesn't mean it was a bad year in the Real Estate World. 

- Challenging markets with some fantastic and exciting opportunities for buyers.
- Regarding sellers, the number of sales has been strong in December 2019 and we see the same trend for January 2020.

We are proud to be part of the RE/MAX Team and be in the Number One recognized Real Estate organization in the world.

We are looking forward to 2020 and working with all of our past clients as well as all new clients and future referrals. 

Please visit our website or like us on Facebook and Instagram to see our new listings and the latest Real Estate News!...
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