Category: Uncategorized
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Please check out our video. | Demand for Lower-Priced Listings Driving up Calgary Prices, Sales
Calgary Real Estate prices continued to ↑ in April, driven by high demand for affordable properties and low supply.The benchmark price of a house reached ~$604K in April, ↑ 9.9% yearly.
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Calgary City-Wide Rezoning Public Hearings End After Two Weeks
The hearing for Calgary's city-wide rezoning plan, the largest in the city's history, has concluded after more than two weeks. The plan includes rezoning residential areas for multiplexes and rowhouses, allowing secondary and backyard suites, and facing opposition from various groups. The decision will be made by the council next week. Continue to full article
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Please check out our video. | Calgary: Appealing Rents Due to Lower Taxes
Calgary offers attractive rental rates, potentially due to Alberta's lower tax structure.Bachelor apartments average $1,578 monthly.
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Please check out our video. | Calgary Rents: A Flat Decrease Can’t Hide a Year of Steeper Prices
Rent in Alberta is rising faster than anywhere else in Canada despite the national avg going down. Calgary rent was $1,707/mo in March for a 1-bedroom apartment, ↓ 0.3% MoM but ↑ 8.5% yearly.
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Please check out our video. | Calgary: Annual Growth in Early-Q2 Amid Monthly Fluctuations
The median rent for a 1-bed in Calgary was $1,830 in April. It was ↓ 0.5% MoM, but ↑ 10.9% yearly.
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Please check out our video. | Calgary’s High Housing Starts Outpace Rising Demand
Calgary experienced record-breaking residential construction in response to soaring housing demand. Total housing starts ↑ 13% to 19,579 units, with growth across all dwelling types.
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Please check out our video. | Hot Calgary Housing Market Fuelled by Migration
Sales Up: – Calgary home sales ↑ 9.9% yearly in March 2024. Migration Boost: – Interprovincial migration to Alberta is contributing to strong market activity.
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Please check out our video. | Where You Can Buy for Under $500,000 in Calgary
Calgary's housing market is hot with a sales-to-new listings ratio of 84%, driven partly by out-of-province buyers. The east area of Calgary has the lowest avg house price in Calgary, at **$436K**, but this price [↑](color-green) **25%** each year.
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Hefty rent increases forecast in Calgary through 2026 amid tight supply
Rent in Calgary is expected to remain high for the next few years due to steady price increases. The vacancy rate for rental apartments is forecasted to decrease, leading to a shortage of units. Average rent for a two-bedroom apartment is projected to increase until 2026. Similar trends are seen in Edmonton, but with lower…
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Please check out our video. | Calgary Homes: Diverse Choices for Every Lifestyle and Budget
Calgary offers various communities catering to different lifestyles. Young professionals might prefer Beltline with its cafes and galleries, while families could choose suburbs with parks and schools.