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Carstairs Open House Weekend: Back-to-Back Tours!

Scarlett Ranch Blvd, Carstairs – 1348, 1350, 1352 & 1433
Saturday October 4th AND Sunday, October 5th
1 PM – 3 PM

This weekend you’ll have the rare chance to tour four brand-new homes in all on the same street! Walk from one to the next and compare features, layouts, and finishes to see which one fits your lifestyle best. Each features a triple garage, 3 spacious bedrooms, and 2.5 bathrooms, blending modern finishes with functional design. Don’t miss your chance to explore multiple homes, compare layouts, and find the one that’s perfect for you!

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SOLD!

156 Whiteview Close NE, Calgary

Huge thanks to my clients for trusting me through the process! This listing was special, my clients lived in this home for nearly 50 years! Congrats H&F!

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526

Airdrie | Calgary | Cochrane and Area  Realtor®

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September 2025 Market Update

More Inventory, Softer Demand.
September brought similar conditions to August, with inventory holding high at 6,842 units across Calgary, keeping the market in more balanced territory. Buyers continue to take more time with increased choice, while sellers are adjusting expectations.

Overall, benchmark prices edged slightly lower compared to August, leaving values about 3% below the spring 2025 peak. The largest pullbacks remain in apartment and row homes, especially in Calgary’s NE and North districts. Detached and semi-detached homes continue to hold closer to balance.

▪️Airdrie: Prices slipped modestly compared to last month as elevated supply continues to weigh on the market.

▪️Cochrane: Stable, showing only a slight month-to-month dip, continuing to perform more resiliently than other surrounding markets.

▪️Okotoks: With just over 2 months of supply, conditions remain tight. Prices are essentially flat compared to August, showing stability.

What This Means for You:
* Buyers: More inventory = more choice. You can take time, compare options, and negotiate firmly.
* Sellers: Pricing and presentation are critical. Well-positioned homes still move, while overpriced listings are sitting longer.

Thinking about making a move this fall? Let’s create a strategy tailored to today’s market.

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
renesimpson.realtor@gmail.com
renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Info deemed reliable but not guaranteed. Stats are for informational purposes only.

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Big News: Bank of Canada Interest Rate Drop!

The Bank of Canada has just lowered its key interest rate by 0.25% — now sitting at 2.50%.

What does this mean for the Calgary, Airdrie & area housing market?

  • Buyers: Lower borrowing costs = more purchasing power. That dream home just got a little more affordable!

  • Sellers: Increased affordability can spark buyer activity, which is good news if you’re listing soon.

  • Market Impact: With inventory still tight in many communities, even a small rate drop can shift momentum toward quicker sales and stronger competition.

Whether you’re thinking of upsizing, downsizing, or investing — this could be the window you’ve been waiting for.

Curious how this change affects your buying power or home value? Let’s chat!
Rene Simpson | Legacy Real Estate Services

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August 2025 Market Update

More Balance, Softer Prices
August brought steadier conditions across Calgary as inventory stayed high at 6,698 keeping the market more balanced. Buyers are taking their time with more choice available, while sellers are adjusting expectations.

Overall, benchmark prices remain about 4% below last year’s peak, with the largest adjustments in apartments and row homes, especially in NE and North Calgary.

Detached and semi-detached homes are holding closer to balanced.

  • Airdrie: Higher inventory continues to weigh on prices, now down ~3% from last year, though still above 2022 levels.

  • Cochrane: More resilient, with prices holding at $589,000, up 2% year-over-year.

  • Okotoks: Tighter conditions with just over 2 months of supply—prices steady, edging up 1% over last August.

Thinking of buying or selling this fall?
Let’s put a plan in place to reach your real estate goals—contact me today!


Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
renesimpson.realtor@gmail.com

renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and Area Realtor®

Market data provided by CREB®. Info deemed reliable but not guaranteed. Stats are for informational purposes only.

© 2025 Rene Simpson | Legacy Real Estate Services. All rights reserved.

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July 2025 Market Update

More Supply = Softer Prices
We’re seeing the impact of economic uncertainty, politics, tariffs, and no further Bank of Canada rate cuts have created hesitation. Combined with increased competition from new construction, buyers are more cautious, and sellers are adjusting.

Inventory levels in Calgary hit 6,917 units, the highest since pre-pandemic days — thanks mostly to new construction in expanding communities.

Benchmark Price Down 4% from last year’s peak (June 2024), with apartment and row homes seeing the steepest drops — especially in the NE and North districts.

July Stats:
2,099 sales (down 12% YoY)
3,911 new listings (up 8% YoY)
• Apartments = most oversupplied at 4+ months
• Detached/Semi = relatively balanced at 3 months

Reminder: Despite the softening, prices are still well above pre-2021 levels in most areas!

Airdrie Market Update:

-Sales Down 14% YoY, mainly in apartment and row homes
- Inventory up to 543 units – highest July since 2018
- Months of supply above 3 = slight pressure on prices
- Benchmark price: $532,800 (down ~4% YoY)

  • Prices still holding relatively steady on a year-to-date basis.

    Cochrane Market Update:

-Sales remain strong, only down 2% YTD and still 23% above long-term trends
-New listings hit record high for July, pushing inventory up
-Benchmark price: $590,000up 2% YoY, and up 4% YTD

-Still one of the more resilient markets in the region.

Curious how this impacts your property value or buying power? Contact me.

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and area Realtor®

Market data provided by CREB® Info. is deemed reliable but not guaranteed. Stats are for informational purposes only and may not reflect current market conditions.

All content produced under this ad is the sole property of Rene Simpson | Legacy Real Estate Services
© 2025 Rene Simpson. All rights reserved.

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JUNE 2025 MARKET UPDATE

As we step into July, we’re seeing a shift across many local markets. After months of limited inventory and intense competition, things are beginning to ease. Inventory is climbing in most areas, and in many cases, prices are softening, a welcome sign for buyers who have been waiting on the sidelines.

AIRDRIE had a major jump in sales, but prices dropped significantly, suggesting motivated sellers and more competitive pricing. Slight inventory growth points to early signs of shifting leverage toward buyers.

CALGARY remains relatively balanced, but the steady sales vs. rising inventory and small price drop could indicate more options for buyers, leaning neutral to slightly buyer-friendly.

COCHRANE despite fewer sales, prices are up, indicating demand still exists for well-priced homes. Market remains balanced but is holding stronger than other towns.

OKOTOKS remains steady with rising prices and consistent pace.

RENE’s SUMMARY:

◾️Airdrie, Crossfield, Strathmore, and Carstairs are leaning buyer-friendly: more inventory, price drops, and longer DOM.

◾️Calgary, Cochrane, and Okotoks: remain fairly balanced, though Calgary is starting to show signs of becoming more favorable to buyers.

◾️Chestermere: is mixed, price is up, but so are DOM and inventory.

What does this mean for you?
If you’ve been thinking about buying, this summer might offer more selection and negotiating power. Sellers, pricing strategically and prepping your home well will be key as the market becomes more competitive.

Let’s chat about your next move, whether it’s buying, selling, or just planning ahead!

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526

Airdrie, Calgary and area Realtor®

Market data provided by CREB® Info. is deemed reliable but not guaranteed. Stats are for informational purposes only and may not reflect current market conditions.

All content produced under this ad is the sole property of Rene Simpson | Legacy Real Estate Services

© 2025 Rene Simpson. All rights reserved.
#airdrierealtor #calgaryhomes #marketupdate #june2025market #legacyrealestateservices

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SOLD | 9 Holden Road SW, Calgary

Sold in just 22 days!

Big congrats to our amazing client! It was such a pleasure helping you sell your home — and yes, even cutting your grass along the way!
Grateful for the opportunity to work together and be part of your journey.

#SOLD #CalgaryRealEstate #yycrealtor #airdrierealtor #legacyrealestateservices #legacyrealestate #justsold #swcalgaryhomes

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May 2025 Real Estate Market Update

The May housing market continues to adjust and rebalance with new listings increasing and inventory building across many segments. While some areas are seeing price softening, especially for apartments and row homes, detached and semi-detached properties remain stable or up slightly year-over-year.

Airdrie
Inventory hit its highest May level since before the pandemic, driven by new construction. This added supply is cooling price growth, with sales down 10% YTD. Benchmark Price: $540,600 (↓ ~2% YoY)

Calgary
Sales eased 17% compared to last May (largely due to apartments), but still sit 11% above long-term trends. The market is shifting toward balanced conditions, especially in areas like the Northeast where inventory is rising. Benchmark Price: $589,900 (down slightly from last year)

Cochrane
Sales slowed 17% year-over-year while new listings surged, pushing the market closer to balance. Despite this, prices remain up nearly 4% year-over-year. Benchmark Price: $589,400 (↑ ~4% YoY)

What does this mean Rene?
More choice is returning to the market, especially in new construction, which is creating a mix of opportunity and competition depending on location and property type. If you’re buying or selling in today’s shifting market, strategy matters more than ever.

Let’s talk about what this means for your next move.

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie | Calgary and Area Realtor®

Market data provided by CREB® (Calgary Real Estate Board). Information is deemed reliable but not guaranteed.
© June 2025 Rene Simpson. All rights reserved.

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Residential Real Estate Market Update - April 2025

Balanced conditions are back! With rising inventory and steady sales, the pressure on prices is easing,  giving both buyers and sellers more breathing room.

Airdrie:
Inventory is up after years of tight supply, helping stabilize prices. Sales remain strong compared to long-term trends.

Calgary:
Lower-priced homes are still in short supply, but new listings are slowing price growth across the board.

Cochrane:
Sales steady, inventory up. The market remains balanced but prices are trending upward thanks to strong demand.

Thinking of buying or selling in Airdrie, Calgary, Cochrane or area?
Let’s talk strategy while conditions are in your favour. Contact me for your free local market report!

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services

Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526

Airdrie | Calgary | Cochrane and Area Realtor®

Market data provided by CREB® (Calgary Real Estate Board). Information is deemed reliable but not guaranteed.
© May 2025 Rene Simpson. All rights reserved.

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What You Need to Know About Real Property Reports (RPRs) in Airdrie/Calgary and area.

A Real Property Report (RPR) is a legal document that shows property boundaries, structures (like homes, garages, and decks), and how they relate to municipal bylaws. It helps identify potential issues like encroachments, bylaw violations, or easements.

Top 5 Key Facts:
1.RPRs show the exact boundaries and structures on a property.
2. Required for most real estate transactions in Alberta.
3. Lenders often won't release funds without a current RPR.
4. Cost: $500–$950 and must be prepared by a licensed Alberta land surveyor.
5. Most contracts require an RPR with municipal compliance stamp (proves everything meets local bylaws).

Why Sellers Need One
A missing or outdated RPR can delay or collapse your deal. Issues like fences or decks crossing property lines might require retroactive permits or city relaxations—sometimes with added cost or delay.

Red Flags to Watch For

  • Fences or sheds over property lines

  • Additions without permits

  • Non-compliant decks or garages

  • Driveways crossing city land

RPR vs. Land Title vs. Title Insurance

  • RPR: Physical boundaries & compliance (what you can see)

  • Land Title: Legal ownership record

  • Title Insurance: Covers hidden issues (like fraud or unpaid liens)

Tips for Buyers & Sellers

  • Sellers should order an RPR early to avoid closing delays

  • Buyers should always review the RPR with their lawyer

  • Condo units typically don’t require an RPR unless they’re detached condos

A RPR isn't just paperwork—it’s protection. Whether you're buying or selling, always ensure the RPR is current, stamped for compliance, and reviewed with a lawyer to avoid surprises.

Want help understanding your property’s RPR or listing your home? Let’s chat!

Rene Simpson | Realtor®
Legacy Real Estate Services

Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and area Realtor®

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Uncertainty from tariff concerns and upcoming elections

Uncertainty from tariff concerns and upcoming elections is impacting Calgary and area housing market, with sales dropping 19% year-over-year. However, more new listings (4,000+ in March) and rising inventory (5,154 homes available) are helping the market shift toward balance after years of favoring sellers.

What does this mean for you?
- Buyers: More choices and less competition
- Sellers: Pricing strategies are key in this changing market
- Investors: Keep an eye on interest rates & economic trends

As we head into Spring 2025, understanding these shifts is crucial for making smart real estate decisions. Thinking about buying or selling? Let’s chat about how this shift impacts YOU!

Rene Simpson | Realtor ® / Real Estate Associate
Legacy Real Estate Services

Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and area Residential Realtor®

#AirdrieRealtor #HomeBuying #Investing #RealtorLife #AirdrieRealEstate #CochraneRealEstate #YYCHomes #SpringMarket #legacyrealestateservices #legacyrealestate

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.