Malcolm Mawer's (mawerma) Blog

This year has started very slowly in Calgary, with total sales down about 47% in January, compared to the same month last year, and sale prices continuing to be weak. For buyers, however, there is a silver lining to the dark clouds - their ability to purchase homes at more affordable prices than ...

The market here in Calgary continues to be very sluggish, reflecting the generally slow market and the unseasonably cold and snowy weather. Both buyers and realtors are burying their heads under warm blankets and hoping that it will warm up sooner rather than later. December is always the slowest...

Bah Humbug! I've had enough! What's all this stuff about the joys of a White Christmas. The can have it back, thank you. I rolled out of bed carefully this morning so as not to hurt the back muscle I pulled shovelling the driveway on the weekend. I'm looking out of my office window now at a sea o...

December is always the slowest month of the year for home sales in Calgary, followed typically by January. This year is no exception.  However, with the downturn in the economy, the collapse in the price of oil, the tightening of credit and buyers' expectations of lower prices in the coming year,...

First of all, we wish all of you our very best wishes for the season. We hope you will be spending it with friends and family. I think it's safe to predict that we are going to get a very white Christmas this year.  That would be fine with me as long as it stays off of my driveway and sidewalk.  ...