Appraisal News

Where is Spring? So another 3 months have come and gone. Best meme I’ve seen during that time was that of a ground hog on Ground Hog Day. He predicted an early spring here in Calgary but looking closer, he was already experimenting with the new government sold cannabis. Winter doesn’t look like it will let go here across Canada. So how is this weather impacting the market? Typically the market begins to move and get better as the grass pushes through the snow and greens the landscape. Total sales are down year over year however prices are relatively flat. CREB has stated the Benchmark price is down 0.17% from the same time last year. Detached housing was up about ½ a percent while attached dwellings were down about a 10 th of a percent but apartments still saw an almost 3% drop. Speaking to realtors and others in the market all suggest the weather is having an impact on the market. Now not as much as you think but enough for people to put off buying and selling decisions. Just lik