Brokerage New, Events, and Market Stats

RSS Feed

Every month we celebrate the top-performing REALTORS® at Redline Properties. March continued 2021's strong year in real estate and our agents continued to push through the competitive market with success for our clients.

While we appreciate the work put in by all our agents, these REALTORS® led the pack in March. Congratulations to Linda Ferras, Nadene Aasla, Jill Plant, Brendon Aasla, Cheryl Vansickle, Matt Comeau, Morgan Leblanc, Matt Allman, Mariah Winter and Kim Bailey-Brown for their exceptionally strong March!

147 Views, 0 Comments

Redline Pulse - April 2021

March was full of real estate madness!

If there were doubters out there about whether or not the Calgary & area real estate market would have the ability to keep up its feverish pace, I think this month may have crushed them all.

 

The Sales Summary

As you see on this graph, this March surpassed the production we had during our last peak of 2013 & 2014. Truly an incredible pace that continues to have many shaking their heads. 

The second part that makes the sales story so impressive is the change from February to March. 

In February we sold 1,855 homes (which was very strong), but now we’ve increased this month-over-month by about 1,000 homes, bringing our sales total in March to a whopping 2,903.

180 Views, 0 Comments

It’s Calgary Market Update time once again. And this one is a doozy!

In this report we’ll discuss the key items you need to know about the market data just released from February 2021. And at the end I'll give you a few bits of advice if you are in the market to buy or sell.

Well, 1 month ago I presented up a bunch of articles that seemed to be painting contrasting pictures of our real estate market. Well, it's funny how much can change in one month. The headlines are now all positive, such as these 2 top stories from the other day...

So, the only question that people seem to be having right now is about how long this momentum will be sustained. With oil prices rising and Covid restrictions easing around much of the globe, there is optimism…

256 Views, 0 Comments

Every week I create a detailed analysis for our sales team and investor group to stay ahead of the market and always keep our clients one step ahead of the competition. The average sale price of a home in Brantford is up over $215,000 in the past year.

Fueling the fast-paced, aggressive market is the lowest number of homes for sale I have ever seen, combined with the lowest mortgage rates on record. Buyers are also shifting from more expensive markets into more affordable communities - ironically driving the prices up. Throw in a pandemic and changing needs of homeowners, and you can start to understand what's happening.

You can see a shift in the market's pace around July of last year when the average sale price became equal to the average…

240 Views, 0 Comments

Welcome back to another Calgary Real Estate Market Update where I will be discussing the latest market data and providing my analysis on the statistics from the month of January 2021. And at the end I'll give you my few bits of advice if you are in the market to buy or sell.

First, let’s set the stage for what you've already heard in the last few weeks about our 2021 real estate market:

January 14: Calgary property values pounded by pandemic as city sends out 2021 Assessments (Calgary Herald)

So, what is it? What is the true story?  

 As it’s nearly impossible to find time to filter through all the headlines and have the time to read the various points of view, today let’s focus on the facts.

 Fact #1

January was one heck of a month…

159 Views, 0 Comments

Every month we celebrate the top-performing REALTORS® at Redline Properties. In 2020, Redline Properties celebrated a record-breaking year as a brokerage and 2021 is starting out strong; we have our exceptional agents to thank for that. While we appreciate the work put in by all our agents, these REALTORS® led the pack in January. Congratulations to Diana Wilson, Wendy Easveld, Vicki Gergely, Michelle Topic, Pete Ligori, Brendon Aasla, Cheryl Vansickle, Kim Bailey-Brown, Leigh-Ann Stapleton and Joshua Wall for coming out the gates hot!

188 Views, 0 Comments

Welcome back to another Calgary Real Estate Market Update where I will be discussing the latest market data and providing my analysis on the stats from the month of December 2020.

As always, I will cover 3 key segments – The Sales Summary, The Inventory Story and The Pricing Picture.I’ll then summarize all the key findings into my advice segment. 

 

THE SALES SUMMARY

Just like the rest of the 2nd half of 2020, sales in December continued at an impressive pace. In fact, this December was our best month in sales since December 2007!

We finished the month with 1,199 total sales in the City of Calgary, which was a whopping 40% increase over December 2019. Wow! It was the most improved month in comparison to last year in all of 2020.

In…

142 Views, 0 Comments