Category: Uncategorized
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Is Calgary Growing Faster Than It Can Handle?
Calgary faces critical infrastructure issues with leaking water systems, deteriorating roads, and service cuts across the city. Recreational centres are overcapacity, making it difficult for residents to access essential services and amenities.
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The Calgary housing crisis: The woes of a sprawling city
Calgary is facing a housing crisis despite its larger land area compared to cities like Hong Kong. The surge in housing prices has left over 74% of residents unable to afford home ownership, with the rental market also strained due to the lowest vacancy rate in Canada at 1.4%. Urban sprawl, characterized by low-density housing,…
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Major Price Declines Ease Calgary Home Buying
House prices in Calgary ↓ $4K in September, improving overall affordability. Calgary buyers benefited from lower mortgage rates and softening house prices, creating better opportunities.
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Check out my new listing Address: 602 SE Rangeview Calgary, Alberta T3M 2K1
Welcome to this beautifully upgraded, modern semi-detached home in Rangeview, Calgary’s award-winning new community. With 1812 sq. ft. of bright and inviting living space upstairs and 810 sq ft in the basement, this home offers an abundance of natural light and scenic views of the surrounding foothills, all within minutes of premier amenities. Built with…
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Calgary: New Project Opens in Crescent Heights
A new affordable housing complex has opened in Crescent Heights, enhancing local housing options. The four-storey building features 35 one-bedroom rentals designed for young parents and seniors.
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Missing Middle Housing: Calgary’s Urban Revival
Calgary’s new zoning laws enable development of missing middle housing in established communities. Missing middle housing includes duplexes, triplexes, and low-rise apartments, enhancing low-density options.
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1,920 Homes Being Built and Repaired in Calgary
The federal government is investing $18.6 million to build and repair 1,920 homes in Calgary, Alberta. This funding includes $1.8 million for Ogden Hub:29, which will provide 24 homes for families in need. The project features a five-storey building with various amenities. The National Housing Strategy aims to create affordable housing, prioritizing vulnerable groups. As…
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Calgary dubbed top Canadian real estate market to watch in 2025
A recent report by PwC and the Urban Land Institute highlights Calgary as the top real estate market to watch in Canada for 2025, based on various factors including investment trends and property sectors. The city offers significant opportunities for both single-family and multi-family residences, despite rising construction costs. Calgary's growing technology sector is expected…
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Proposed Calgary budget adjustments would see 3.6% property tax increase
The city is proposing a 3.6% property tax increase for 2025, down from an earlier projected 4.5%. This adjustment is attributed to increased investment income, which allowed the city to eliminate an additional 0.9% increase. Condo owners will see the largest increase, with typical owners of a $360,000 condo paying $1,370, a 10.5% rise. Additionally,…
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Calgary: Late-Q3 Sales Saw 17% Decline
Late-Q3 sales totalled 2,003 units, 17% below last year's record but 16% higher than average. New listings increased to 3,687 units, the highest for Late-Q3 since 2008, aiding inventory growth.