Daily Archives: June 2, 2009

May 2009 – Calgary Real Estate Review

For CREB’s May 2009  Statistics Package:  click here (pdf)

Click to Enlarge

Click to Enlarge

 May 2009 Prices

May Long-term Comparison

May 2009 SFH Inventory

May 2009 SFH Sales

 A Look Ahead:  Pending Sales (C/S)

As of  today, there were 478 SFH transactions pending.

  • Pending SFH Average: $458,448
  • Pending SFH Median:  $402,450

There are also 231 Condo transactions pending

  • Pending Condo Average:  $289,350
  • Pending Condo Median:  $269,900
Metro-Calgary Pending Sales Overview

Metro-Calgary Pending Sales Overview

 

Interest Rates

Because of an increase in bond yields, fixed-rates are on their way up.  RBC’s new posted 5 year fixed rate is up 0.20% today.  It’s almost certain that BMO, Scotia, CIBC  & TD will follow suit shortly.

If you were planning on locking-in soon, talk to your mortgage specialist as there are some other lenders that have not increased their rates yet.