Category: Uncategorized
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Calgary marks one year of Secondary Suite Incentive Program
Calgary's Secondary Suite Incentive Program, launched a year ago, has received 5,703 applications, with 2,522 suites completed and registered. The program offers homeowners up to $10,000 for safety, $1,900 for energy efficiency, and $7,500 for accessibility improvements. Suite registrations have increased by over 60% since 2015, enhancing housing supply, choice, and affordability. Application processing times…
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3 Alberta Cities Redefining Quality of Life
Medicine Hat offers home prices at $405K, with abundant sunshine and scenic parks enhancing its appeal. St. Albert, with a median price of $574K, boasts low crime rates and proximity to Edmonton's amenities.
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Calgary Home Prices up 6%
Calgary home sales dropped 17% yearly in Mid-Q2, totaling 2,568 transactions. Average home price rose 6% yearly, reaching $649,268.
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How Downtown Calgary might be getting 1,500 new homes built
Calgary's new Downtown Density Bonusing Offset Program aims to add over 1,500 homes by encouraging high-density development through financial incentives. Developers can build larger projects if they invest in community amenities like parks and public art. This initiative supports affordable housing, enhances public spaces, and aligns with the city's broader Downtown Strategy to revitalize the…
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Calgary Forecast for Rest of 2025
Home prices expected to rise by 4–6% by year-end. Strong interprovincial migration fuels demand.
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Calgary Rents Drop as Supply Grows in Early-Q2
Calgary rents fell for the sixth straight month, with one-bedroom unfurnished suites averaging $1,545 in April. Furnished one-bedroom rents ↓ ~4%, landing at $1,622 amid weakening demand across the city.
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Calgary Ranked 2nd Real Estate Market in Canada
Calgary ranks #2 nationally for homebuying value, despite sales slowing and 41% five-year price growth. Calgary home prices grew 41% over five years, yet value remains strong for buyers.
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Canadian Housing Market Update: May 2025
Canada's housing market showed stability in April 2025 despite a nearly 10% year-over-year drop in home sales. Affordable regions like PEI and Newfoundland saw sales rise, while pricier markets such as Ontario and Vancouver experienced steep declines. Home prices remained steady, with notable drops in expensive cities but gains in Victoria and Montreal, indicating varied…
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Calgary’s Housing Market: Not Hot, Not Cold! Just Right
Calgary’s inventory hit 5,876 units in April—over double last year, returning to historic spring averages. Home sales fell 22% year-over-year to 2,236 in April but remain near Calgary’s long-term trendline.
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Calgary Housing Outlook Brightens Amid Rate Cuts
Housing affordability in Calgary is forecasted to improve due to falling interest rates and slower immigration growth. Bank of Canada rate cuts are expected to ease financial pressure on homebuyers.