Category: Uncategorized
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Calgary’s Housing Strategy Faces Challenges
Calgary's implementing its housing strategy but it'll take time to see results. Some progress has been made but market conditions have worsened since the strategy was approved.
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Calgary Real Estate Rises 40% Amid Migration Trends
Home prices in Calgary ↑ from ~$414K in 2019 to ~$580K in 2024. This represents ↑ $166K or ↑ 40% in 5-yr.
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Home prices continue to climb in communities near Calgary
The benchmark home price in Strathmore rose nearly 12% in May, reaching $439,300. Cochrane also saw an increase of over 10%, with a benchmark price of $568,200. Airdrie had a 10% growth to $549,600, despite a 7% decline in sales. Chestermere's benchmark price reached $702,300, up almost 8%, with sales down 6% and new listings…
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Calgary First-Time Homebuyer Guide
Buying your first home in Calgary can be overwhelming but exciting. Calgary is a great place for first-time buyers with its strong economy and affordable housing market. Steps include determining your budget, getting pre-approved for a mortgage, finding a realtor, house hunting, making an offer, and closing the deal. Remember not to overspend and consider…
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Calgary Top in-Demand Neighborhoods
Calgary's housing market remains in high demand, with a mix of overbidding and underbidding in different neighborhoods. 49% of neighborhoods saw homes sell above asking price, 14% at asking price, and 37% below asking price.
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Calgary Rents Hit High, but Will Cool in 2026
Calgary one-bedroom rent ↑ 3.4% yearly to $1,810 in Early-Q2, ranking 12th city with high rents. Despite a slight MoM drop for 1 and 2-bedroom units in Calgary, the cost of a 2-bedroom unit ↑ 7.2% yearly.
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Happy Canada Day
To all Canadians around the world, a very happy Canada Day to you all. This day commemorates the unification of the three North American British colonies. Canada Day is a celebration of a united Canada and examining its defects, past and present, should not lead us to overlook its strengths. So let’s pour our hearts…
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Calgary released progress report on affordable housing strategy
A report to Calgary city council shows progress in meeting affordable housing strategy recommendations, aiming for 3,000 new non-market homes yearly. Some councillors praise the fast progress, while others express concerns about densification in existing neighborhoods and the need for more non-market housing. Funding secured from the federal Housing Accelerator Fund to increase housing supply.…
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City of Calgary Market Update
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First Time Homebuyer? Master the Mortgage Maze
Boost your credit score: Aim for a high credit score, and improve it by: – Being on the electoral register – Paying bills on time. Prepare your bank statements: Show steady income, on-time bill payments, and enough savings for a home purchase.