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November 2015

Found 2 blog entries for November 2015.

New listing for sale in Sherwood Calgary.

Sherwood is a community in the nw Calgary. Its located near the north edge of the city, it is bounded by Sarcee Trail to the west, the Nolan Hill community across 128 Avenue N.W. to the north, the Kincora community across Shaganappi Trail to the east, and the Hamptons community across Stoney Trail to the south.

Beacon Heights condo complex is located at 1540 Sherwood Bv NW. This complex is a mixture of rental apartment complex and residential complex. Building 1000 is strictly a residential complex with 258 units from a 1 bedroom to 2 bedrooms unit and ranging from 500 sqft. to 900 sqft with underground parking. Resident here enjoy the nearby amenities (Beacon Heights) such as Costco, Canadian Tire, Best

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Sales activity remains well below long-term averages Elevated inventory levels in October contributed to a second consecutive month of price declines in Calgary’s resale residential housing market.

Benchmark prices declined 0.7 per cent from the previous month, and 1.2 per cent from the same time last year, to $453,100.

Persistent weakness in the overall economy continued to impact housing demand in Calgary as October sales were nearly 16 per cent below long-term averages.

In addition, new listings did not decline enough to prevent inventory gains and, ultimately, price contractions.

The steepest declines occurred in the apartment sector, where the benchmark price fell to $288,300, a 0.8 per cent decline from September and nearly four per cent

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Re/Max, CREB Certified Condominium Specialist