April 2018

Found 2 blog entries for April 2018.

cALGARY rEAL eSTATE mARKET sUMMARY 

The first quarter of 2018 has definitely been an interesting one in the Calgary Real Estate Board! While sales continue to improve month over month, they are 18% below what they were during the same quarter in 2017. Even with the slower sales, the average days on market has been dropping and is currently at 45 days, and the benchmark price is slowly rising to $435,600 which are all good signs of an improving market.

 The most notable aspect in our current market is that while most sectors and price ranges are seeing declines in sale volume; it is the luxury market that is seeing the greatest improvements!  The sales in the $1M+ range have increased 16% year to date in 2018 over and above 2017's numbers.  With

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Spring has sprung, and that means that home renovation season is coming! 

If you are 55 or older, with a CHIP Reverse Mortgage you could access up to 55% of your home’s value tax free and the improvements you make to your home could also add to its value.

  WHAT ARE YOU MAY BE DREAMING OF:     


For more information speak to one of our Mortgage Professionals at 403.536-5766

Dominion Lending Centres Mortgage Services Inc. 

 

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