Category: Uncategorized
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Calgary’s February Housing Market Update: Trending Towards More Balance
The Calgary housing market is transitioning from rapid growth to a more balanced state, marked by increased construction activity and rising inventory. New listings surged by 22% year-over-year, with condos up 30%. Active listings reached four-year highs, and the sales-to-new listings ratio has dropped below 60%, indicating a shift in negotiating power to buyers. Despite…
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Calgary Real Estate Heats up Despite Sales Dip
Home sales dropped 12% from last year but remained 30% above seasonal averages. The benchmark home price held steady at $583K, marking a 2.8% increase from January 2024.
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Is It Cheaper to Rent or to Buy a Home in Calgary?
Calgary had the smallest gap in monthly cost between renting and ownership among major cities. The avg-priced home in Calgary was ~$631K, resulting in a $2,667 monthly mortgage payment.
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Which Calgary Areas See Detached Home Prices Surge?
City Centre – a 10.15% increase to sit at $954,700 South – a 8.88% increase to sit at $725,000 3. West – a 7.91% increase to sit at $964,900 4. North West – a 6.99% increase to sit at $783,400
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Calgary residential rental rates have fallen by 6 per cent
Calgary rental rates declined by six percent year-over-year in January 2025, averaging $1,925. One-bedroom apartments fell to $1,600, the lowest in nearly two years, while three-bedroom apartments saw an 8.7 percent decrease to $2,412. Increased supply, slowing population growth, and changing renter preferences contributed to this trend. The city issued a record number of building…
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Calgary’s Rent-Buy Gap Narrowest in Canada
Calgary has the smallest cost gap between renting and buying among major Canadian cities. The avg monthly rent in Calgary is $1,916 for one- and two-bedroom suites.
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Happy Women’s Day
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…
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Calgary Real Estate Forecast: 3% Price Growth
In 2025, CREB expects more listings priced above $600K due to easing lending rates and pent-up demand. Sales in 2025 are anticipated to align with historical trends, slightly higher than in 2024.
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Early-Q1: More Homes, Slower Sales in Calgary
Calgary home sales ↓ 12% in January but remained ~30% above typical seasonal levels. A total of 1,451 homes were sold, with a residential benchmark price of $583K, ↑ 2.8% yearly.
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Calgary Housing Market Remains Strong Despite Challenges
Calgary’s housing market remains strong in 2025, with forecasted sales exceeding 26K units. Despite reduced migration and economic uncertainty, demand is expected to stay above long-term trends.