Monday, September 12, 2016

Canada 2016 2nd Quarter Commercial Snapshot

Not every Realtor in Calgary can help you with commercial real estate, I am more than happy to serve you with retail stores, industrial spaces & office sales & lease as certified commercial real estate agent. Just let me know where you would like to start!

Sold listings in Haysboro SW - Aug., 2016

We have a rental bungalow in Haysboro SW Calgary. That is why we keep eyes on community statistics. It is still surprised to see average days on the market is only 34 days but it is over 6 months in Calgary.

Friday, September 2, 2016

SOLD 西南区Silverdo, 排屋 $364,900,没有管理费

67 SILVERADO DR SW with double detached garage c4065478, 
$364,900 Helped buyer bought a home facing to community green space/park after putting an offer for the 2nd time.

Immaculate twin master unit with 2 master suites, each with their own private ensuite bathroom! This unit offers 2 large bedrooms, 2.5 baths, 2 car detached insulated and drywalled garage, and a beautiful fenced backyard with large deck....all of this with NO CONDO FEES! The main floor is an open concept with tile and laminate flooring. Granite counters, island, stainless steel appliance, and dark stained maple cabinets make the kitchen a great focal point for this home. The open concept to the dining area and living room creates a great space for day to day living and entertaining. Lower level is unfinished with laundry hook ups. Looking for larger bedrooms, immaculate condition, double car garage, and a beautiful little yard....but don't want condo fees....don't miss this opportunity!

Thursday, September 1, 2016



总体而言,八月份卡尔加里二手房成交还是下滑,共售出1,567套。不过,但看成交量还看不出独立屋和公寓、连体屋之间的强烈对比。“在独立屋成交量降低的同时,新挂牌量也降低了,从而防止了库存可售房源数量达到新的高点,也稍微抑制了价格下滑。”房地产局首席经济学家 Ann-Marie Lurie提到。但是连体房、公管公寓房屋产品段就完全不同了,库存可售房源总量快基恩八月份历史记录了”。

独立屋市场基准价八月份$503,200, 比去年低了3.3%,和上个月相差无几。同时,公管公寓市场继续下滑,市场基准价降到 $274,900,比去年同期低了 7%,达到了2013年底的水平。公管公寓房屋产品段价格下滑的幅度比较大,源于供需之间的明显失调。 平均起来,公管公寓房屋可售房源总量超过了历史纪录。同时,成交量却是自2003以来表现最弱的月份,目前平均在市场上的天数超过6个月了”。

 “所以,对于买方、卖方都非常重要的是一定要仔细分析研究他们的区域、房屋特性以及性价比。房地产局主席Cliff Stevenson说到。我们明显看到独立屋和连体房屋、公管公寓之间表现的不同,目前用整个城市的房屋数据来参照并决定买卖房屋这么大的事已经不现实了”。

连体房屋表现和公管公寓有些相像,但是因为不交管理费的那种连体房屋也在连体房屋类别内,所以影响相对小了一些。平均起来,今年到目前为止duplex产品段市场基准价降了2.6%,而排屋降了5.7 %(其实,这两个产品段都是又有交管理费的,又有不交管理费的,只是比重不同而已)。


Lower-class spaces feeling brunt of energy downturn     
                                                                                                                         by Mario Toneguzzi
Vacancy rates in Calgary’s downtown office market have hit historic highs in 2016, and commercial real estate experts are forecasting further declines moving forward.
According to a second-quarter market report by Colliers International in Calgary, the overall vacancy rate in the core has jumped to more than 22 per cent from 20.5 per cent the previous quarter – the equivalent of 618,716 square feet of office space.
Vacancy rates between classes varied, but were steepest in the B-class at 31.8 per cent and C-class at 28.1 per cent. AA- and A-class vacancies were also up from the previous quarter at 17.6 and 18.9 per cent, respectively.
“We are seeing tenants exploring A-class buildings as rental rates have softened and there are more options available to choose from,” said Joe Binfet, managing director of Colliers International in Calgary.
“The migration to premium space puts upward pressure on vacancy rates in the B and C class buildings that tenants are moving from.”
Moving forward, Colliers and other commercial real estate firms expect the downtown office vacancy rate to hit between 25 and 26 per cent by 2018.
Three new buildings are set to be completed by that year, adding an additional 2.3 million square feet to the downtown office market. And one million square feet in those buildings remains available for lease.
The Colliers report noted steep vacancy rates in lower class buildings are putting pressure on landlords to reduce rental rates.
Of the 9.21 million square feet of vacant space in downtown Calgary during the second quarter of 2016, 2.75 million square feet was in the B class and 1.18 million square feet was in C class. Colliers noted the average asking rental rates in the second quarter were:
• $10 – $25 per square foot for AA class
• $5 – $18 for A class
• $0 – $12 for B class
• $0 – $10 for C class
A year ago, they were:
• $15 – $35 for AA
• $5 – $25 for A
• $0 – $16 for B
• $0 – $12 for C
A separate CBRE Ltd. report noted rental rates in downtown Calgary are down 57.4 per cent from their peak just before the 2008 financial crisis. Broken down by class:
• 58.9 per cent for AA
• 59.5 per cent for A
• 61 per cent for B
• 63.7 per cent for C
“Tenants are taking this opportunity in the market to improve the quality of their office space by moving up one or two building classes,” said John Savard, principal of office leasing specialist with Bedrock Realty Advisors Inc.
“Tenants in C-class buildings are moving to B-class, and B-class tenants are moving up to A- or even AA-quality buildings.
Savard noted many tenants are planning for the forthcoming millennial-aged workforce; they are finding their younger class of workers want more building amenities such as fitness facilities, restaurants and even day cares.
“The older C- and B-class buildings were not built to accommodate such amenities,” he said. “Furthermore, C-class tenants are often less financially resilient as they are often newer companies that are more susceptible to changes in the economic climate.
“The policies of the current provincial government coupled with low oil prices have created a challenging business environment. Some of the vacancy in B- and C-class buildings are a result of bankruptcies.”

Friday, August 12, 2016

SOLD 西北区Scenic Acres 前置双车库 $519,900

9035 SCURFIELD DR NW c4071897 


Only minutes walk to schools & the Crowfoot LRT is this warm & inviting former Stepper showhome...a terrific 5 bedroom two storey walkout offering 3 levels of family living in popular Scenic Acres. Built in 1990, this fully finished home boasts newer roof, decorative ceilings & treed South backyard with mature trees & covered patio with hot tub. Simply perfect to raise your family in, this lovely home features formal living & dining room accented by large bay window, South-facing family room with wood-burning fireplace complemented by built-in bookcases, oak kitchen with stainless steel appliances & spacious nook with French door to the backyard deck. Upstairs there a highly-coveted 4 bedrooms up including the relaxing master bedroom with big walk-in closet & ensuite with separate shower & jetted tub with bay window. A 5th bedroom/exercise room is in the finished walkout level along with a huge games/rec room & loads of storage space.