Paul Paterson & Terry Paterson O'Rourke's Home Trends

PAUL PATERSON REALTOR® and Associate Broker 403.815.2891 j.paul.paterson@gmail.com

TERRY PATERSON O’ROURKE Real Estate Consultant, Professional Stager and Certified Interior Decorator 403.510.9120 terrypatersonorourke@gmail.com

202 - 5403 Crowchild Trail NW, Calgary, T3B 4Z1 www.PatersonAndAssociates.ca

Paterson & ASSOCIATES

Real Estate Professionals Inc.

WHY DOES MY AC KEEP TURNING ON AND OFF? Does your air conditioner keep turning on and off every few minutes? If so, your AC unit may be short cycling. This happens when the cooling cycle is cut short. The system starts normally, but a safety mechanism, faulty part or incorrect sensor shuts off the compressor before your home reaches the desired temperature. As a result, the compressor repeatedly turns on and off in short bursts. Short cycling puts extra strain on your system, leading to higher energy costs and premature wear and tear. Fortunately, the cause is often something simple. Start by checking your air filter. A dirty air filter is the most common cause, and the solution is easy. If it looks dirty or clogged, replacing it is a quick fix that can improve your AC's performance right away. Next, check the area around the outdoor unit. Debris, leaves and overgrown grass can make it harder for the system to release heat. Leave at least 60 cm (2 feet) of clearance around the unit by trimming plants, moving items and reducing dust buildup. These simple steps take only a few minutes but can significantly improve airflow and system efficiency, helping you stay comfortable while lowering your energy bills. If your air conditioner still isn't working properly, it may be time to call a professional heating and cooling technician.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

CLIMATE RISK IS RESHAPING CANADIAN REAL ESTATE For years, homebuyers focused primarily on price, location and mortgage rates. Today, climate risk is becoming another important consideration. Across Canada, extreme weather events such as wildfires, flooding, severe storms and heat waves are influencing how people buy, sell and insure their homes. Buyers are asking more questions about a property's flood or wildfire risk and the cost and availability of home insurance before making an offer. Climate resilience is also becoming a selling feature. Homes with improved drainage, fire-resistant landscaping, energy-efficient upgrades or backup power may appeal to buyers looking for long-term security and lower operating costs. Homeowners can also take steps to protect their investment. Improvements such as maintaining proper drainage, installing a sump pump where appropriate or preparing for wildfire season can help reduce potential damage. Real estate professionals are encouraging clients to look beyond curb appeal and consider how a property may perform over the long term as weather patterns continue to evolve. While no home is risk-free, understanding climate risk can help buyers and homeowners make more informed decisions. As Canada's housing market changes, climate awareness is becoming an important part of protecting one of the largest investments most Canadians will ever make.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

GIVE YOUR PHONE A FRESH START It's easy for digital clutter to pile up without you noticing. Just like a junk drawer, an overstuffed closet or that kitchen cupboard full of odds and ends, your phone can become cluttered over time. Old screenshots, duplicate photos, forgotten apps and years of downloads take up valuable storage, make it harder to find what you need and can even slow down your device. A quick digital cleanup doesn't have to take long. Go through your phone and delete anything you no longer use or need. Remove apps you haven't opened in months, clear out old text conversations, update contact information and delete blurry or duplicate photos. While you're at it, back up any photos, files or other important information you want to keep. Most smartphones also include built-in storage tools that show what's taking up space and recommend files that are safe to remove. Set aside 20 minutes this weekend to give your phone a fresh start. You'll free up storage, improve performance and head into the busy fall season feeling a little more organized.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

KEEP MOSQUITOES OUT OF YOUR YARD Nothing sends people indoors faster than a swarm of mosquitoes. After late-summer rainstorms, it's common to see mosquito numbers rise, but a few simple steps can make your yard less inviting and help you enjoy the rest of the season outdoors. The most effective way to reduce mosquitoes is to eliminate standing water, where they lay their eggs. Empty birdbaths, flowerpot saucers, buckets, children's toys and anything else that can collect rainwater. Even a small puddle or a clogged gutter can hold enough water for hundreds of mosquitoes to develop in less than a week. You can also make your yard less attractive to adult mosquitoes by installing tight-fitting window screens, using patio netting and encouraging natural predators like birds, frogs and dragonflies. Keeping your grass trimmed and shrubs well maintained can also reduce the cool, shaded areas where mosquitoes like to rest during the day. With a little regular yard maintenance, you can spend more time enjoying your deck, patio or backyard and less time swatting mosquitoes before summer comes to an end.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

Price declines driven mostly by apartment condominiums

BENCHMARK PRICE Detached $743,900

BENCHMARK PRICE Rowhouse $418,500

ACTIVE LISTINGS 6,626

SOLD LISTINGS 1,904

Calgary, AB (August 2026) — As we move into the second half of the year, it is not a surprise to see slower market activity. In July, both sales and new listings eased over June levels, declining to 1,904 sales and 3,323 new listings. Sales were nine per cent lower than last year’s levels, while new listings were 15 per cent lower. The adjustment in both sales and new listings caused little change in the sales-to-new-listings ratio, which sat at 57 per cent. In July, the unadjusted total residential benchmark price was $569,200, down slightly over June and two per cent lower than levels reported last year. The persistent oversupply of apartment condos is contributing to a steeper price decline of over eight per cent. Meanwhile, at the other end of the spectrum, detached prices have eased by under two per cent compared to last year, mostly driven by adjustments in the North East and North Districts. “Several consecutive years of high construction levels and the sudden drop in mostly international migration have contributed to the shift in housing market conditions mostly for higher-density homes, a transition that started in the second half of last year,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “While new home construction is slowing, there are over 17,000 apartment-style units under construction. This continues to weigh on rental and higher-density properties, driving price adjustments.” However, the slower July sales pushed the months of supply up to three and a half months. While the months of supply is rising across all property types, conditions remain mostly balanced in the detached and semi-detached sectors. In the higher-density sectors, the market continues to favour the buyer for apartment-style homes with nearly five months of supply, while row is experiencing some signs of oversupply. Source: Calgary Real Estate Board (CREB) | Market values stated are of the benchmark of Calgary and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

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www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120