Category: Uncategorized
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Calgary Condo Market: A Smart Investment | Please check out our video.
Calgary's condo market is attracting Toronto investors, as average rents surpass mortgage costs, creating surplus income.Calgary ranks sixth in a report comparing rent-to-mortgage ratios, with a monthly surplus of $474.
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Calgary CRE: Surprisingly Strong Investment Surge! | Please check out our video.
Calgary experienced 356 transactions totaling $1.85 billion, with multifamily and commercial condos driving investment. The first half of 2024 saw a 93% increase in multiresidential investments, reaching over $525 million.
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Calgary Real Estate Market Update: September 2024
The Calgary real estate market is cooling, with rising inventory and moderating sales. In August 2024, residential sales dropped 20% year-over-year to 2,186, yet remain 17% above long-term averages. Active listings increased by 37% to 4,487, the highest since 2022. The benchmark price for residential properties rose 6% to $601,800. The rental market saw average…
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National Day for Truth and Reconciliation | Please check out our video.
National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…
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First-Time Home Buyer’s Guide: 10 Steps For Buying Your First Home
Buying your first home requires careful preparation, especially with high housing prices in Canada. A down payment typically ranges from 5% to 20% of the home's price, with additional costs like closing fees, home inspections, and property taxes. First-time buyers can access various incentives, such as the First-Time Home Buyers Incentive and the RRSP Home…
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Calgary Home Prices Set to Rise 52% by 2030 | Please check out our video.
Calgary’s Real Estate predictions for the next 10 years are also looking optimistic. Calgary House Market Forecast: Avg House Price – 2024: $720K – 2025: $810K
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Western Canada Shines in Home Price Gains: Calgary Outperforms | Please check out our video.
Calgary’s benchmark for single-family detached homes grew 8.3% year-to-date, reaching $690,900.This price increase places Calgary sixth among Canadian cities for growth in benchmark pricing.
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Calgary Market Nears Balance With 19% Inventory Boost | Please check out our video.
– Sales in Early-Q3: ↓ 10% yearly to 2,380 homes – New Listings: 3,604- Inventory: 4,158 units; 33% below typical July levels – Months of Supply: 1.8-mo
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Now’s Your Chance: Calgary Seller’s Market Easing | Please check out our video.
Calgary's Real Estate market shows signs of cooling, with rising inventory and slower sales. In Early-Q3, Calgary saw 2,380 sales and 3,604 new listings, pushing inventory above 4K units.
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What the Interest Rate Cut Means for Calgary Homeowners | Please check out our video.
The second rate cut in two months is positive news for those with debt and homebuyers. The rate decrease makes it a favourable buyer's market with lower mortgage rates.