Category: Uncategorized
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Check out this open house Listing Address: 27 NE Cityline Calgary, Alberta T3N2N5
Welcome to this beautiful 1,597 sq. ft. home located in the desirable community of Cityscape. This thoughtfully designed property features a spacious main floor with a large living room, perfect for relaxing or entertaining. The gourmet kitchen, equipped with stainless steel appliances, is a chef’s dream. Upstairs, you’ll find 3 generous bedrooms, including a luxurious…
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Calgary home sales remain above long-term trends despite dipping in December
Calgary home sales in December 2024 decreased by 2.9% from the previous year, totaling 1,322 transactions, yet remained nearly 20% above long-term trends. The benchmark price for homes was $583,300, down 0.8% from November but up 3.2% year-over-year. New listings fell by 0.7%. Overall sales in 2024 were close to last year's levels, with higher-priced…
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Late-Q4: Calgary Sees Another Big Rent Drop
Calgary sees another rent drop, with one-bedroom averaging $1,634 in December 2024. Rent for a two-bedroom apartment in Calgary ↓ 6.8% annually to $1,964.
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Calgary’s Blanket Rezoning Sparks Row House Surge
Calgary’s recent blanket rezoning sparked nearly 190 R-CG applications, changing the city’s housing landscape. Average developments include four units, with some larger projects adding up to 10 units per lot.
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Things Homeowners Should Check in Winter
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
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City Of Calgary Considering “Proactive Measures” Against Short-Term Rentals
Calgary City Council is set to discuss new policy recommendations for short-term rentals, following a public engagement campaign. A study revealed around 5,000 short-term rentals in Calgary, which is less than 1% of residential properties. Proposed measures include introducing business licenses with tiered fees based on property type, a moratorium on new licenses when vacancy…
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Calgary Market Thrives for Multi-Unit Investments
Calgary’s growing population and tight housing inventory create strong rental demand and low vacancy rates.No rent caps and competitive rents offer landlords consistent income and wealth-building potential.
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Calgary Home Prices Expected to Hit $728K by 2025
Calgary's housing prices are projected to ↑ 4% by Q4 2025, reaching $728K. Detached homes in Calgary ↑ 4.5%, reaching $836K by the end of 2025.
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Can Calgary Reach Federal Housing Supply Targets?
Calgary signed on to the Housing Accelerator Fund (HAF) to create 6,825 units by 2026. HAF provides $4.4B nationally, with Calgary receiving $228.5M for housing initiatives.
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Moratorium on short-term rental licences among proposed Calgary bylaw changes
Calgary is considering a moratorium on new short-term rental licenses for non-primary residences if rental vacancy rates fall below 2.5%. Proposed changes to the Business Licence Bylaw include extending the rental duration to 180 days and increasing licensing fees. A University of Calgary report indicates that while regulating short-term rentals may reduce listings, it won't…