Category: Uncategorized
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Shared Living Costs Is Increasing in Calgary | Please check out our video.
Calgary’s average rent for shared accommodations is now $928, showing a significant increase. Rent for roommates in Calgary continues to climb, bucking the trend of other major cities.
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Calgary building record number of purpose-built rental units
Calgary is experiencing a surge in rental property construction, with the Canada Mortgage and Housing Corporation (CMHC) reporting significant rental increases across the city. Factors contributing to this trend include downtown office conversions, boosts to secondary suites, and upcoming rezoning. CMHC anticipates around 24,000 housing starts this year, with a notable increase in completions. Despite…
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Calgary Real Estate: Spacious Living Near Nature | Please check out our video.
Calgary’s Real Estate offers more spacious properties, enhancing quality of life and lifestyle flexibility. Avg rent prices in Calgary are significantly lower, making it a more affordable housing market.
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Calgary Home Sales Drop Amid Rising Listings in Mid-Q3 | Please check out our video.
Calgary’s August Real Estate sales totalled 2,186, ↓ 19.5% decrease compared to the previous year. New listings in August reached 3,536, marking ↑ 13% yearly increase, easing market pressure.
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Mid-Q3 Inventory up, Sales Down in Calgary | Please check out our video.
Calgary’s market shifted from a seller’s market with more inventory and fewer sales in August. August saw inventory at 4,487 units, ↑ 37.3% yearly, but low compared to long-term trends.
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Calgary Demolish 3 Buildings for Affordable Housing | Please check out our video.
Calgary is demolishing three vacant downtown buildings to create much-needed affordable housing. A new 33-storey mixed-use tower will offer 340 rental units, including 50 affordable housing units.
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Calgary Homes Show Excellent Growth in Value/Sq Ft | Please check out our video.
Steady Value Increase: Since 2018, Calgary’s single-family homes rose 38% in price per square foot, condos 27%.Affordable Market: Calgary remains more affordable than cities like Toronto and Vancouver, attracting out-of-town buyers.
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Calgary’s Market Rebalancing: Home Resales up 1.5% | Please check out our video.
The Bank of Canada’s rate cuts have yet to significantly lift housing markets from their slump. In August, Calgary saw a 13% increase in new listings compared to a year ago.
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Two spots in Calgary are seeing the biggest jumps in house prices
Calgary's real estate market has seen a significant increase in house prices, particularly in two areas of the city. Continue to full article
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Detached Home Prices Soar in Cities Near Calgary | Please check out our video.
Detached home prices in Okotoks have surged to ~$705K, nearing Calgary's high prices. Benchmark prices for all properties in Okotoks have risen to ~$623K, surpassing Calgary’s by $20K.