Category: Uncategorized
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Now’s Your Chance: Calgary Seller’s Market Easing
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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Prices rise as annual Calgary home sales fell nearly 20 per cent in August
In August, Calgary saw 2,186 real estate transactions, a nearly 20% decline from last year's record levels, as the extreme sellers' market conditions eased. The benchmark price for all home types was $601,800, slightly lower than July but up 6.3% from August 2023. New listings increased by 13% to 3,536, with detached home sales down…
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Calgary housing market saw slowing sales and balanced conditions in August
In August, Calgary home sales fell to 2,186, a 19.5% decrease from last year, though still 17% above long-term averages. New listings slightly decreased to 3,536, resulting in a months of supply of 2.05, the highest since late 2022. The unadjusted residential benchmark price reached $601,800, a 6% increase year-over-year. Detached home sales dropped by…
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Calgary Real Estate Is on Fire
Calgary outperforms other Canadian cities in Real Estate with rapid growth and better affordability. Home affordability in Calgary improved in early 2024, with lower mortgage payments compared to other major cities.
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Calgary’s Best Neighbourhoods for Vibrant Living
Inglewood, Calgary’s oldest neighbourhood, offers a small-town charm with vibrant eateries and historical sites. Kensington, north of the city centre, is a hub for specialty shops, trendy brunch spots, and public art.
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These Calgary non-profits received $1M in funding to support affordable housing
Ten Calgary non-profits have received $1 million in grant funding from the City of Calgary to support affordable housing projects through The Home Program. This initiative, launched in 2017, has funded over 100 housing projects. Approximately half of the awarded projects focus on housing supports for Indigenous People, Black and Racialized, and equity-deserving populations. The…
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Calgary Market Moves Closer to Balanced Conditions
Home sales ↓ 10% yearly, with 2,380 properties sold. Benchmark price $606,700, ↑ nearly 8% yearly, stable MoM.
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Calgary’s Real Estate: Hotter Than Ever!
Calgary’s Real Estate market surged in 2024, fuelled by high immigration and inter-provincial migration. Top-tier home sales in Calgary ↑ 46% yearly, reaching 1,130 properties sold over $1M.
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Early-Q3 Calgary Housing: Boom or Bust?
In Alberta, demand remains strong, despite Calgary ↓ 13% yearly in sales. Calgary’s new listings ↓ 9% MoM, and ↓ 4% yearly.
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Ottawa releases land in Calgary, Edmonton for new housing
Ottawa is accepting development proposals for two Crown-owned land parcels in Calgary and Edmonton to address the housing crisis. In Calgary's Currie Barracks, 99 housing units will be built, with 30% designated as affordable, while Edmonton's Village of Griesbach will see 45 new townhouses, half of which will also be affordable. Developers will lease the…