Category: Uncategorized
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Strong Growth Expected for Calgary
Calgary's avg home price expected to ↑ 8% by year-end. Low housing supply driving price increases.
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Calgary home sales stay strong despite supply shortages
Calgary's resale market remained strong in May with 3,092 home sales, slightly lower than last year's record high but significantly above long-term trends. New listings increased, mostly in higher price ranges. The market continues to favor sellers due to low inventory levels. Sales of detached, semi-detached, row, and apartment condominium homes all saw price increases…
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Calgary realtors invest $500K into housing initiatives
Calgary Real Estate Board realtors are offering $500,000 in grant funding to support housing and shelter initiatives. Community and transformation grants are available until June 28. The foundation will award $105,000 in community grants and $45,000 in transformation grants this year. Ronald McDonald House Charities will receive $350,000 in legacy grant funding on June 19.…
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Calgary Luxury Market Heats Up: More Expensive but Still a Bargain
Calgary's luxury home entry point has surged from $1M to $1.5M due to a hot market, according to a recent report. After a national slump, Canada's luxury market rebounds, with Calgary leading the surge (52% yearly) but remaining well below pricier cities.
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Calgary’s Residential Sales Surge: 37% Above Avg
Calgary Market in Early-Q2: – Sales: ↑ 7% yearly to 2,881 units – New listings: ↑ 11% yearly to 3,491 Detached homes: – Sales year-to-date: ↑ 1% yearly – Benchmark price: ↑ 1% MoM & ↑ 13% yearly to $749K
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How to Find a Buyer’s Agent
Speak to friends, local business owners, and check for "sold" signs in desired neighborhoods.Look for agents who’ve successfully closed transactions in the area where you’re looking to buy.
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Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Unveiling the Potential of Real Estate Investments in Calgary
Calgary is one of Canada’s fastest-growing cities, offering investors a wealth of opportunities for investing in Real Estate. The city offers diverse Real Estate investment opportunities with a strong economy, job market, and population growth.
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Calgary Housing Company seeing ‘bottleneck’ as applications surge, turnover slows
Calgary is facing a housing crisis with long waitlists for affordable and low-income housing due to low vacancy rates, rising rents, and population growth. Calgary Housing Company and Silvera for Seniors are struggling with increasing waitlists, while Attainable Homes Calgary faces inventory challenges. The demand for housing assistance is surpassing available resources. Continue to full…
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Will Rate Cut Hopes Stir Buyer Interest?
The psychological boost of a 25-basis-point cut might entice some buyers off the sidelines, but Canada’s housing market still faces stiff headwindsRate cuts will be slow to impact Canada’s goal of building millions of new homes due to higher construction costs.