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.

RATES ARE ON HOLD. NOW WHAT? The Bank of Canada has held its policy rate at 2.25%, keeping borrowing costs unchanged as Canadians head into the fall real estate market. But what does that actually mean if you’re thinking about buying a home? For buyers, the decision provides some stability. Variable-rate mortgage holders won’t see an immediate change tied to the Bank’s decision while fixed mortgage rates continue to be influenced by bond markets and broader economic conditions. The Bank is balancing a recovering Canadian economy against renewed inflation pressures and uncertainty surrounding international trade. Inflation has moved higher which could make future rate cuts less certain. For prospective buyers, this creates an opportunity to focus less on trying to “time” the next rate move and more on affordability, monthly payments and long-term goals. With borrowing costs more stable than they were during the peak-rate environment, buyers may have more confidence entering the market. However, the right decision will depend on individual circumstances and local housing conditions. Don’t wait for the perfect rate. Make sure the home, price and financing strategy make sense for you today. Thinking about buying this fall? Let’s talk about what today’s market could mean for your budget and your next move. Reach out for a personalized conversation about your options.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

SMALL LUXURIES THAT MAKE EVERYDAY LIFE BETTER Luxury at home does not have to mean expensive furniture or a major renovation. Sometimes, it is the small things that make everyday life feel a little more comfortable and enjoyable. Think about the things you use every day. A soft, oversized throw can make your favourite chair even more inviting. Fresh, fluffy towels can make an ordinary shower feel a little more indulgent. A beautiful mug can make your morning coffee feel like a treat rather than just another part of the routine. Small upgrades can also be practical. Replace a worn-out kitchen towel, add a dimmer lamp to a reading corner or choose a lovely hand soap for the kitchen and bathroom. Fresh flowers, a favourite candle or a diffuser with a scent you enjoy can also change the atmosphere of a room. The best part is that these little luxuries do not require a bigger home or a bigger budget. They are simply about noticing what makes you feel good and giving those everyday moments a little more attention. Your home should work for you, but it should also be a place you enjoy coming home to.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

WHY IS THAT ONE ROOM ALWAYS COLD? Many households have that one room that is noticeably cooler than the rest of the home. Blocked venting, uneven heating, air leaks, poor insulation, ductwork problems, drafty windows or differences in exposure to outdoor temperatures, could be the cause. Before turning up the thermostat for the entire home, check the simple causes first. Uneven temperatures can have several causes, including airflow problems, drafts, insulation issues or broader heating and ventilation concerns. Start with airflow. Make sure supply and return vents are open and not blocked by furniture, rugs or other items. Then check for drafts. Take a quick walk around exterior doors and windows. A chilly spot near a window, door or exterior wall may indicate a drafty leak. If the room is consistently cold along an exterior wall, insulation could also be a factor. Finding the cause is more useful than simply increasing the heat. Check vents, filters, doors, windows, drafts and insulation before assuming the heating system needs a major repair. If the problem continues or you notice a larger issue, a qualified professional can help identify the cause.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

GRILL VS. CHILL: PREPPING YOUR BBQ FOR WINTER When that first frost comes your way, it may be time to winterize your BBQ. Some homeowners enjoy grilling well into the colder months while others prefer to clean the grill and put it away until spring. Either choice can work, but colder weather makes preparation more important. Before the first heavy frost, give your BBQ a seasonal check so it is clean, protected and ready for whatever you decide to do. Clear food residue and grease, then inspect burners, hoses, connections and igniter for damage. Cleaning helps find small issues early saving time later. Make sure parts are secure and nothing looks cracked, loose or badly worn. For storage, protect your grill from moisture with a weather-resistant cover, following the manufacturer’s instructions. Clean and dry the grill first, as moisture can be trapped. Whether taking a winter break or grilling year-round, proper prep including cleaning, inspection and storing is essential before that cold weather hits.

www.PatersonAndAssociates.ca

Paul 403.815.2891

Terry 403.510.9120

Paterson & ASSOCIATES

Real Estate Professionals Inc.

Sales and new listings slow in August

BENCHMARK PRICE Detached $744,300

BENCHMARK PRICE Rowhouse $415,200

ACTIVE LISTINGS 6,509

SOLD LISTINGS 1,660

Calgary, AB (September 2026) — Consistent with trends throughout most of 2026, both sales activity and the number of new listings coming onto the market have continued to trend down compared with 2025 levels. In August, sales in Calgary were 1,660 units, down 16 per cent compared with last year, while new listings fell by nearly 10 per cent to 3,141 units. The pullback in sales has not occurred across all price ranges, as homes priced over $1,000,000 have recorded gains over last year. These gains have mostly been driven by detached and semi-detached homes and are also consistent with where most of the supply growth has occurred. “While sales growth in the upper end of the market was possible thanks to improved supply choice, it also reflects longer-term confidence in our market, as some buyers are not shying away from taking advantage of the available supply,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Meanwhile, we have not seen the same pickup in activity in the lower price ranges, as favourable rental conditions are slowing the transition to ownership.” Inventory levels in August eased compared with the previous month and the same period last year, at 6,509 units. However, given the pullback in sales, the months of supply pushed up to nearly four months. Also consistent with trends throughout this year, conditions vary significantly by property type, with nearly six months of supply for apartment-style homes compared with over three months of supply for lower-density detached homes. As of August, the total residential benchmark price was $569,800, similar to the previous month and one per cent lower than 2025 levels. 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