Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products. 

At the same time, there were 3,491 new listings in April, an 11 per cent gain over last year but only three per cent higher than long-term trends. The rise in new listings compared to sales prevented any further deterioration of the inventory situation. However, with 2,711 units in inventory, levels are 16 per cent below last year and half of what is traditionally seen in April.

“While supply levels are still declining, much of…

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!JUST LISTED! 5210 41st Street Crescent, Innisfail https://www.peshketeam.com/.../a2125061-5210-41-street.../ $349,900 MLS A2125061 Huge Yard & Oversized Detached Garage With RV Parking Nicely Updated Home 2 + 3 Bedrooms 2 Bathrooms Oversized Detached Garage With Heating Option Call/message us for more details: 403-681-0319 Welcome to this delightful bi-level home in the heart of Innisfail just a 20 minute commute to Red Deer and 25 mins to Olds! Warm and inviting, the main level features a cozy living room with newer windows (2021), allowing natural light to flood the space. The flexible kitchen features a farm sink, undercounter lighting, vaulted ceilings, a…

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!Coming Soon!

$349,900

5210 41st Street Crescent, Innisfail

Huge Yard & Oversized Detached Garage With RV Parking


Nicely Updated Home
2 + 3 Bedrooms
2 Bathrooms
Oversized Detached Garage With Heating Option

Call/message us for more details: 403-681-0319

#comingsoon #innisfail #peshketeam #peshkerealestateteam #maxwellcapitalrealty

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When dealing with title certificates, REALTORS® must review a current copy of the title to ensure accuracy and understand the registrations that come with it. These are some commonly seen registrations and what they mean.

  • Restrictive covenants: This covenant restricts what can be done with the piece of land, which can vary significantly. It is best practice to have clients read those covenants so they know whether there will be restrictions on what types of fences they can have and whether they can operate a certain business there, among other things.

  • Liens:  A lien on the title indicates that the owner of a property owes money to someone. Based on the law, regardless of the situation, the property owner needs to discharge the lien…

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Buying real estate is an emotional business. You're about to make one of the biggest financial decisions of your life.

These are some of the typical feelings buyers are likely to experience.

Uncertainty
This is common when you're poised to make a big decision. Crunch the numbers to help ease this anxiety. If the math makes sense, then so does your decision.

Nervous
Many folks worry about talking to a bank mortgage specialist or mortgage broker. Mostly, they're worried about hearing the word "no" and having plans derail. So, prepare thoroughly for the encounter. Get your down payment savings as high as possible and ensure your credit score is in good shape. Avoid job-hopping and pay off as much debt as possible.

Super-excited
It's hard to…

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Imagine you see a home advertised for sale in a desirable neighbourhood. However, you find out the property is listed well above comparable sales in the area. In other words, above its market value. Is that listing still worth seeing? There are many reasons why sellers might list their property for a price that seems way above the market. The home might have highly desirable features that make it worth a premium, such as a spacious backyard or a finished basement. Or, the seller might assume (often mistakenly) that listing high will result in higher-priced offers. In either case, the home is likely worth a closer look, especially if it otherwise checks most or all of the boxes on your wish list. If there are additional features that have driven up the…

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The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.

The Bank expects the global economy to continue growing at a rate of about 3%, with inflation in most advanced economies easing gradually. The US economy has again proven stronger than anticipated, buoyed by resilient consumption and robust business and government spending. US GDP growth is expected to slow in the second half of this year, but remain stronger than forecast in January. The euro area is projected to gradually recover from current weak growth. Global oil prices have moved up, averaging about $5 higher than assumed in the January Monetary Policy…

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When you’re preparing your home for a sale or a good spring clean, you should declutter as much as possible. That makes your property appear neater and more spacious to buyers. However, that doesn’t mean you have to toss items in the trash or haul them to a landfill site. There are many other, more environmentally-friendly ways to dispose of unwanted items. One popular technique is to sell them online. Even if you think an old chair isn’t worth much, as the saying goes, “One person’s junk is another’s treasure.” There are several websites for selling items quickly, including Facebook Marketplace. In fact, you can list items today and potentially sell them this week. Just be sure to set prices low, as people tend to look for deals on these sites. You…

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!JUST LISTED! !!OPEN HOUSE Sat April 6th 2pm-4pm!! 275052 RR 23, Rural Rocky View County https://www.peshketeam.com/.../a2118169-275052-range.../  https://www.youtube.com/watch?v=4P5EJtjD-_s  $1,399,000 MLS A2118169  Private 20 Acres Just NW Of Airdrie, Fenced & Cross Fenced  Walkout Bungalow With 2 Living Quarters & 2 Kitchens  3 Bedrooms  4.5 Bathrooms Oversized Attached Garage & 3 Large Outbuildings  Call/message us for more details: 403-681-0319 Welcome to your retreat! This walkout bungalow on 20 acres is designed for flexible living arrangements, perfect for accommodating extended family, guests, or even rental opportunities. With a layout tailored to…

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March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In March, the sales-to-new listings ratio rose to 84 per cent, and the months of supply fell below one month. 

“We have not seen March conditions this tight since 2006, which is also the last time we reported high levels of interprovincial migration and a months-of-supply below one month," said Ann-Marie Lurie, Chief Economist at CREB®. “Moreover, we are entering the third consecutive year of a market favouring the seller as the two-year…

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