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Calgary sees rising supply and prices, seller’s market persists
The Calgary Real Estate Board (CREB) released its Q2 2024 housing market report showing a seller's market with sales-to-new listings below 80% for the first time since Q1 2023. Sales slowed by three per cent in the second quarter, mainly due to lower-priced properties. Home prices have risen by 10% this year, with row properties…
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Calgary: Fastest-Growing City Attracts Renters
Calgary's rental market is lucrative due to a robust economy, population growth, and favourable rental regulations.Calgary's rental vacancy rate is forecasted to drop to 1% by 2025, indicating strong demand.
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Just Sold this listing Address: 116 NE Saddlestone Unit #201, Calgary, Alberta T3J 5K8
Welcome to this inviting fourplex townhouse, offering 1364 square feet of thoughtfully designed living space. This home features three spacious bedrooms and two and half modern washrooms. The sleek kitchen, equipped with top-of-the-line appliances and contemporary finishes, is perfect for culinary adventures. The single front garage provides convenience, while the walking lane in the back…
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Q2 2024 Calgary and region housing market report
CREB® releases Q2 2024 Calgary housing market report showing rise in new listings, with sales slowing by three per cent. Home prices have increased by 10 per cent this year, with row properties seeing the highest gain at 19 per cent. Chief Economist Ann-Marie Lurie notes migration surge impacting demand and supply challenges, expecting more…
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Two Spots Near Calgary Have Homes Under $572K!
Housing sales in Calgary ↓ 13% yearly to 2,738. Over 40% of homes sold in Calgary exceeded their list prices, indicating a competitive market.
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Check out my new listing Address: 116 NE Saddlestone Unit #201, Calgary, Alberta T3J 5K8
Welcome to this inviting fourplex townhouse, offering 1364 square feet of thoughtfully designed living space. This home features three spacious bedrooms and two and half modern washrooms. The sleek kitchen, equipped with top-of-the-line appliances and contemporary finishes, is perfect for culinary adventures. The single front garage provides convenience, while the walking lane in the back…
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Check out my new listing Address: 116 Saddlestone Heath Unit #201, City, T3J 5K8
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Early Summer Calgary Home Sales Data
June Sales Decline: Home sales ↓ 12.8% yearly, with 2,738 properties sold. Higher Than Long-Term Trends: Despite the drop, sales ↑ 17% higher than long-term monthly trends.
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How The City Of Calgary’s New $60M Housing Capital Initiative Will Work
The City of Calgary has initiated a $60M Housing Capital Initiative to aid housing partners in securing extra funding. Eligible applicants are registered charities or non-profit organizations with housing project experience. The funding targets specific projects like new residential units and conversions, with a cap at 30% of project costs. Affordable rental units and mixed-use…
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Is the Calgary Housing Market Leaving First-Timers Behind?
First-time buyers in Calgary face challenges amidst rising home prices and limited affordable options. The benchmark price for single-family homes hit a record high of ~$762K, up 13% annually.
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