[Travis Munroe]

Originally Posted by Regorium

http://www.theglobeandmail.com/repor...ticle28140866/

In this report, prices have dropped 2.6%. Once Realtor 1 uploads/fixes the picture for the Dec numbers, we can have an apples to apples comparison.

Looks like 5% was pretty close.

It has now been fixed

Rough numbers for 2015 are:

Attached homes down 6.2%
Condos down 4.5%
Detached homes down 3.1%

Originally Posted by darklord700

This is scary that almost half of the listings are vacant.

"Nearly 45 per cent of the 4,600 homes listings on the Calgary MLS are vacant, said Mike Fotiou, associate broker at First Place Realty. The large number of empty properties for sale is the likely result, he said, of landlords trying to sell now-vacant rental condos and homeowners who have moved away for work."

I just had a quick look
4780 listings under "Calgary"
1367 of these are listed as vacant

Of course this does not count for a non updated listing where a tenant was brought into the property and kept up for sale or a home which was occupied and is now vacant. I highly doubt this makes up for a 17% variable.

Edit: found the variable which takes vacancies up to 43%. The 719 new builds ....many of which are not even available for occupancy as they are still under construction.

Reminds me of the CBC article today about Foreclosures SPIKING 30%

Anyone who follows the foreclosure thread would see that this is a bait headline. Sure there are foreclosures in the process which have not been listed but anyone who reads the headline vs looks at the actual numbers would see 2 different paintings.