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tonydimarzo.ca

June 2019 Issue
403-861-7669
Tony DiMarzo-Calgary Real Estate
June newsletter

Hello Friend

Welcome to my newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your community, or have any other real estate related questions, please contact me. I would be happy to meet with you to see how I can help you out.

Tony DiMarzo-Calgary Real Estate
Tony DiMarzo-Calgary Real Estate
RE/MAX Real Estate (Central)
403-861-7669
tonydimarzo.ca

Sales activity improves for second consecutive month

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Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year. Improving sales relative to inventory levels caused the months of supply to ease to just under four months. While still oversupplied, this is an improvement from the five months of supply recorded last May.

Citywide sales in May totalled 1,921 units, 11 per cent higher than last year’s levels. However, sales remain 10 per cent below longer-term trends. This sales growth was primarily driven by homes prices under $500,000.

“While sales activity remains low based on historical activity for May, the easing prices have brought some people back to market, while also preventing some others from listing their homes,” said CREB® chief economist Ann-Marie Lurie. “This has started to push the market towards more balanced conditions. If this trend continues, it could limit some of the downward pressure on prices.”

Click here for the full report.

4 Essential Tips for an Indoor Herb Garden

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There’s nothing quite like cooking with fresh herbs, and you can’t get fresher than snipping them off the bush seconds before adding them to your dish! Luckily, growing herbs right in your kitchen is relatively easy.

Here are some top tips to get you started and on the right track.

Choose the Right Herbs
Your favourite herb is a good starting point, as you will probably use it the most. If you are looking for low-maintenance options, though, chives, peppermint and parsley are all ideal. Some of the harder herbs to keep going are basil and thyme, so they aren’t the best options for beginners.

Pick a Sunny Spot
As a general rule, you should be growing your herbs somewhere which gets a minimum of 6 hours sunlight per day. It is also a good idea to turn your plants regularly so that they receive the sun’s light evenly.

Ensure Your Plants Drain Properly
If your plants don’t have good drainage, their roots will sit in water—which will lead to them rotting and the plant dying. Additionally, without the right drainage, water could leak onto your countertop (or wherever your plants are) and damage that surface.

Make sure you put your herbs in pots which allow for drainage, and that you place them on a saucer to collect water draining out.

Keep Each Plant Separate
Different herbs will enjoy different soil and levels of watering. In order to give each plant the best care, you should plant them in separate pots.

What herbs do you grow in your kitchen?

Calgary Market Watch - Detached

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Stats are calculated comparing May 2019 to May 2018 .

To see more information on local stats in Calgary, please click here.

Calgary Market Watch - Townhouse

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Stats are calculated comparing May 2019 to May 2018 .

To see more information on local stats in Calgary, please click here.

Local Events

The Sunshine Dash
Calgary, AB
June 22, 2019
The Mac+Cheese Festival
Calgary, AB
June 29, 2019 - July 1, 2019
Calgary Stampede
Calgary, AB
July 5, 2019 - July 14, 2019

Latest Featured Listings

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Wonderful bungalow located at 9 Highwood Place NW Highwood / C4248161

$469,000
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Welcome home to 20 Bernard Road NW Beddington Heights / C4242971

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wonderful Two story townhouse Palliser / C4233554

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home features exceptional architectural design Rocky Ridge / C4226900

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Stunning Inner City estate home Capitol Hill / C4226839

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38 Rock Lake Heights

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C4222121 Rocky Ridge / C4222121

$1,128,800
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This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.


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