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May Preferred Client Update

May 4th, 2020
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Ending Isolation Will Immediately Change the Real Estate Market

On Thursday, April 30th, the Alberta Government announced their plan to reopen the province after the COVID-19 closures. This decision will immediately impact the real estate market.

With sales being down over 60 per cent in April across most markets, people who were planning to buy or sell in the spring, did not. Despite hig ...

Spring home maintenance ideas

April 14th, 2020
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April Preferred Client Update

April 2nd, 2020
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Real Estate is Open, But Different

To encourage the flattening of the curve and to keep the public safe, the Government of Alberta has issued restrictions on social gatherings and face-to-face interactions. To extend this effort, all non-essential businesses have been forced to close. What about real estate? Understanding that many consumers are caught in a life circumstance that requires ...

COVID-19 weighing on housing market (CREB report)

April 1st, 2020

After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.

The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This ha ...

Important information for property investors

March 31st, 2020

Many property investors, like yourself, are feeling concerned about the health and safety of your tenants as well as the financial implications of missed rent payments.

Late last week, the Alberta government announced restrictions regarding civil enforcements of evictions.  Effective immediately, landlords cannot evict a tenant for non-payment of rent in April or tenants who missed rent paym ...

March Preferred Client Update

March 3rd, 2020
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Why Spring Is the Perfect Time to Sell Your Home

Spring is almost here and interest rates are low–which means it's a great time to make the most of eager buyers. With warmer weather on the way and vacation season coming to a close, homebuyers are coming out of hibernation, and it’s the time of year that's typically considered a hot period for the housing market. 

If you’ve considered sell ...

Home sales see a bump (CREB Report)

March 3rd, 2020

This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s.

With the extra day this February, monthly sales totaled 1,197 units.  A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the pas ...

Report your 2019 home sale on your tax return

February 12th, 2020

Did you sell your home in 2019?  You will need to report that information on your tax return.   Here is what you need to know.

What is a principal residence?

A principal residence is a residential property that you owned and occupied at any point during the year.  This can be your main residence, a cottage, or a mobile home.

What are capital gains?

Capital gains are the profits you receiv ...

2020 opens with a slight gain in sales (CREB report)

February 4th, 2020

Housing market conditions continue to follow similar trends to last year, with gains in sales.

At the same time, there have been further reductions in new listings, inventory and more declines in prices.

January sales activity was 863 units, nearly eight per cent higher than last year’s levels. While sales remained well below January activity recorded before 2014, they remain consistent wit ...

January Preferred Client Update

January 6th, 2020
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Rediscover Alberta: with CIR REALTY’s 12 Month Alberta Experience Giveaways

#CIRISALBERTAPROUD—and we want you to be Alberta Proud too! That’s why this year we are giving you twelve chances to enter to win a fun experience each month that showcases why our province is such a great place to live!

From mountain adventures to brewery tours, to historic sightseeing across the prairies and ov ...
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