The RE/MAX International conference took place last week in Las Vegas, the Viani Real Estate Group was honoured to be recognized among some of the top-producing REALTORS® in the entire RE/MAX network....
Lowest February inventory since 2006
FEBRUARY HOUSING MARKET UPDATE
March 1, 2023
Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389...
Viani Group Top Producers for 2022
The Viani Real Estate Group is honoured to be recognized as the #4 top-producing team at RE/MAX Real Estate (Central) for 2022.
In addition, the Viani Real Estate group also achieved Diamond Team status,...
Supply of lower-priced homes remains low for January
JANUARY HOUSING MARKET UPDATE
Feb. 1, 2023
Supply of lower-priced homes remains low for January
The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings...
Housing market risk low despite some short-term contraction in values and recessionary pressures
Key indicators combined with lender risk mitigation measures shore up expectations of resilience.
Interest rate hikes served to destabilize most major Canadian housing markets beginning in 2022, however...
Calgary housing market expected to stabilize in 2023
The Calgary Real Estate Board (CREB®) has released its 2023 Forecast Calgary and Region Yearly Outlook Report. The report, which is prepared by CREB® Chief Economist Ann-Marie Lurie, provides a...
2022 saw record-high sales and double-digit price growth
DECEMBER HOUSING MARKET UPDATE
Jan. 3, 20222022 saw record-high sales and double-digit price growth
December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier...
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative...
Housing market correction widespread across Canada (RBC)
Canada’s housing markets are still squarely in correction mode. The latest results from local real estate boards confirm activity and prices generally remained under intense downward pressure in November....
2022 on track to be a record year for sales
Dec. 1, 2022
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Will Canada’s foreign buyer ban move the needle commencing January 1 2023
It still might not be widely known, even amongst Canadian realtors, but Canada’s two-year ban on foreign investors purchasing residential property comes into effect on Jan. 1, 2023.
The Parliament...
Over 90% of homebuyers and sellers know RE/MAX

Sales remain stronger than pre-covid levels
OCTOBER HOUSING MARKET UPDATE
Nov. 1, 2022
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Are Higher Fixed Mortgage Rates Here To Stay?
One question many Canadians are asking is are higher fixed mortgage rates here to stay? At the September policy meeting, the Bank of Canada (BoC) raised interest rates by 75 basis points, bringing...
RE/MAX Canada Network expects Canadian housing market prices to decrease 2.2 per cent this fall
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RE/MAX brokers and agents anticipate prices in the Canadian housing market to ease by 2.2 percent this fall, due to high inflation, rising interest rates and economic uncertainty
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Rising interest...
Demand shifting to more affordable options
SEPTEMBER HOUSING MARKET UPDATE
Oct. 3, 2022
Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease...
Is Affordability In Sight for the Canadian Housing Market?
Affordability is a hot topic in Canadian housing market. Rising interest rates, intended to combat inflation, are significantly impacting homebuyers and in turn, sellers. Thus, home prices have begun to...
Supply levels ease with fewer new listings in August
City of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.
While sales have remained relatively...
Detached home sales decline as apartment condominium sales rise
City of Calgary, Aug. 2, 2022 – Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent...
Market starts to shift as sales slow
City of Calgary, July 4, 2022 – Sales activity in June eased relative to the past several months and with 2,842 sales, levels declined by two per cent over last year’s record high. While sales...