Category: Uncategorized
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Energy-Efficient Windows Transform Calgary Homes
Energy-efficient windows in Calgary are crucial for weather resistance, thermal performance, and long-term savings. Government rebates and a focus on sustainability drive the growing demand for energy-efficient windows in Calgary.
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Fall Calgary Housing Market Forecast: Modest Price Growth
Canada’s housing supply remains uncertain despite potential interest rate decreases this fall. Calgary faces ongoing low inventory, with demand for affordable homes exceeding available supply.
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Calgary finally sees a much-needed drop in rent prices
Calgarians seeking new apartments can rejoice as rent prices have decreased. The latest report from Rentals.ca shows that the average rent for a one-bedroom apartment in Calgary is $1,692, down 0.9% from last month and 2.2% from last year. Two-bedroom apartments average $2,074, reflecting a 0.9% monthly drop and a 4.9% annual decrease. Despite these…
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Calgary’s Energy Costs Cut by 30% With New Fee Structure
City council approved a new model for collecting local access fees starting in January. A new agreement with the power provider will be submitted to the Alberta Utilities Commission.
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Calgary Real Estate: Spacious Living Near Nature
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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Shared Living Costs Is Increasing in Calgary
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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Minimum income needed to afford rent in Calgary is “out of control”
A recent report indicates that the wages required to afford one- or two-bedroom apartments in Calgary far exceed the city's minimum wage. To rent a one-bedroom, residents need at least $28.92 per hour, while a two-bedroom requires $33.46 per hour, over $13 more than the minimum wage. The report highlights that no neighborhoods in Calgary…
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Calgary Home Sales Drop Amid Rising Listings in Mid-Q3
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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New listing growth driven by higher-priced homes
In September, new listings rose to 3,687 units, the highest since 2008, but sales fell to 2,003, 17% below last year's record. Inventory increased to 5,064 units, yet remained below typical September levels. The unadjusted benchmark price was $596,900, slightly lower than last month but over 5% higher than last year. Detached homes saw a…
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Three areas in Calgary are seeing HUGE jumps in detached house prices
In Calgary, the benchmark price for detached houses has surged, with the total residential benchmark price at $596,900, over 5% higher than last year. East Calgary leads with a 15.1% increase to $526,900, followed by northeast Calgary at 11.1% to $614,300, and south Calgary at 10.1% to $731,300. New listings rose to 3,687 units, the…