Shelley Soles ABR®, C.C.S - Certified Condominium Specialist, SRES - Senior Real Estate Specialist, REALTOR®
It's 2021! In my business, the people I ride alongside make all the difference - this includes colleagues, clients and business partners. I take these partnerships to heart. Thank you for sharing the ride with me and may 2020's roller coaster turn into 2021's walk in the park!
This past January I marked a milestone I'm very proud of - 15 years in the industry - and all of them with Royal LePage Benchmark. I've built a successful business by helping people like you buy and sell property.
I’m proud to say that over 90% of my business comes from past clients and referrals. These satisfied clients have spread the word about the great service they’ve received from me and my brokerage, Royal LePage Benchmark. I work primarily in Calgary, Cochrane and Airdrie.
Every one of my clients is unique, and that is exactly how I treat them. I don’t measure my success by sales, but by the relationships I build along the way. My goal is to take the complex process of buying and selling real estate and make it a simple one.
So whether you are thinking about buying, selling or investing, give me a call - I would be happy to meet or talk with you to determine how I can help. Absolutely NO obligation!
I send out a newsletter at the beginning of every month - providing a summary of the previous month's activity in many segments of the market - along with some fun, interesting activities in Calgary that you and your family may enjoy! If you'd like to receive a copy, please sign up using the link provided on this page.
To find out more details on the current Calgary, Airdrie and Cochrane markets, please check out the CREB Monthly Stats tab as it is updated the beginning of every month. If you'd like a more detailed breakdown of any segment of the market, I can provide more data.
CREB Q2 Quarterly Housing Report
City of Calgary – July 30 2021
Within the city of Calgary, sales totalled 15,050 units after the first half of the year, the highest levels seen in more than a decade.
“While pent-up demand and low interest rates were expected to support sales growth in 2021, the strength in housing demand has surprised many, especially given the amount of job loss that occurred due to the pandemic,” said CREB® chief economist Ann-Marie Lurie.
“With some of that pent-up demand now filled, sales are expected to remain strong as we move through the second half of the year, but they should slow to levels more consistent with longer-term trends.”
Sales are expected to exceed 24,000 units on an annual basis, making 2021 the best year of sales since 2014.
Over the first half of the year, supply gains have not kept pace with demand, resulting in sellers’ market conditions and strong price gains. This is especially true in the detached sector, where benchmark home prices went from $492,000 in January to $537,200 in June. Prices in some segments of the market have finally recovered to 2014 highs.
“Recent price gains have also encouraged more sellers to list their homes, helping alleviate some of the tightest conditions experienced throughout March and April,” said Lurie. “The gains in supply are expected to continue in the second half of the year, eventually supporting more balanced conditions and easing the upward pressure on prices.”
The pace of price growth is expected to slow, but thanks to the gains in the first half of the year, prices are still expected to rise by more than eight per cent on an annual basis in 2021.
Update August 3 2021
I hope that you and your family are staying safe and keeping well. As more people have received their first and second doses of vaccine, Calgary has lifted many of the COVID protocols that we have lived by for the past 16 months. It sure feel good to start seeing friends and family in person again, however we can not let our guard down completely.
I want to assure you our industry is keeping an eye on the situation, and more importantly listening to our clients and ensuring that how we proceed working with our buyers and sellers is done in a way that makes them feel safe.
What does this mean to you? Some people remain cautious and continue to abide by the strict policies of the past months. Others are content to wear their masks in some circumstances but not others and have begun to get back to our old 'normal'. In particular, when viewing properties, you may see different protocols - that is up to the sellers - and we will let you know what to expect.
REALTORS® are receiving information and updates from our governing bodies, Real Estate Council of Alberta, Canadian Real Estate Association and the Calgary Real Estate Board with guidelines on how best to manage our business during this unprecedented global challenge. Our industry recognizes the need for substantial preventive measures.
Generally, of course we are abiding by the obvious – social distancing, washing hands frequently, having sanitizer on hand for ourselves and our clients and asking the important questions – are you or any members of your family ill? Have you travelled outside of Canada recently? Have you had close contact with someone who has a confirmed case of the virus?
Certainly SELLERS in particular have concerns about property showings and people coming into their homes.
When a showing is requested by a REALTOR®, I am instructing them to ensure that neither they nor their clients touch anything in the home, including light switches, doors, cupboards, literally anything, and to leave lights on and the home exactly as you found it – and to leave a card so we know they were there. Hand sanitizer is in place as you enter most properties.
Fortunately, advances in listing technology make it easier than ever to view and learn about properties online. With detailed descriptions, photos, video tours and floor plans, a buyer can learn a great deal about a property from the comfort of their own living room.
Working with BUYER clients, I encourage them to scrutinize the listings’ virtual tours and floorplans or do a drive-by before we head out to view a property - they may find something about the home or street that is a no-go for them – and preclude a visit to the home. When we do visit properties, I prepare them by explaining the protocol we will be following as we view each home.
REALTORS® can show responsibly under these conditions, and I will continue to do so on behalf of buyers who believe they may have opportunity now, or sellers who cannot wait weeks or months to continue to market their home for sale.
Please let me know if you have any questions or concerns about these protocols, the market or how I can help you with your real estate needs during these uncertain times.