Category: Uncategorized
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Calgary’s Early-Q4 Home Sales Stable, Prices Rise
East Calgary experienced an 11.5% price increase, reaching a benchmark house price of $434,600. Northeast Calgary followed with a 7.8% rise, bringing benchmark prices to $519,900.
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Calgary Luxury Market Faces Slower Growth in 2025
Calgary's luxury entry point is shifting to the $1.5M-$2M range in 2025. After strong growth, the market will likely see slower activity in 2025, not a decline.
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Ground broken on new affordable housing development in northeast Calgary
An affordable housing project is underway in northeast Calgary, featuring transitional townhomes for 52 vulnerable families. The Homespace Society Project includes two-bedroom and three-bedroom units across seven buildings, available to families at risk of homelessness, rented at 30% below market rates. This development aligns with the city's housing strategy approved in 2023, following a public…
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Selling in 2025? 6 Must-Haves for Your Home
Updating your kitchen with quartz countertops and smart appliances significantly enhances resale value. Adopting a neutral color palette makes your home more appealing to potential buyers and feels modern.
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Strong Demand Drives Calgary Luxury Home Prices Up
Calgary’s luxury market shows significant growth amid challenging conditions elsewhere in Canada. In Q3 2024, Calgary luxury home sales over $1M ↑ 46% yearly.
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Late-Q3 Higher Priced Homes Push up Supply in Calgary
In September, Calgary’s avg home prices increased approximately ↑ 13% yearly to ~$549K. The supply of resale homes surged, driven by higher activity in premium price ranges.
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Is Calgary Growing Faster Than It Can Handle?
Calgary faces critical infrastructure issues with leaking water systems, deteriorating roads, and service cuts across the city. Recreational centres are overcapacity, making it difficult for residents to access essential services and amenities.
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The Calgary housing crisis: The woes of a sprawling city
Calgary is facing a housing crisis despite its larger land area compared to cities like Hong Kong. The surge in housing prices has left over 74% of residents unable to afford home ownership, with the rental market also strained due to the lowest vacancy rate in Canada at 1.4%. Urban sprawl, characterized by low-density housing,…
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Major Price Declines Ease Calgary Home Buying
House prices in Calgary ↓ $4K in September, improving overall affordability. Calgary buyers benefited from lower mortgage rates and softening house prices, creating better opportunities.
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Check out my new listing Address: 602 SE Rangeview Calgary, Alberta T3M 2K1
Welcome to this beautifully upgraded, modern semi-detached home in Rangeview, Calgary’s award-winning new community. With 1812 sq. ft. of bright and inviting living space upstairs and 810 sq ft in the basement, this home offers an abundance of natural light and scenic views of the surrounding foothills, all within minutes of premier amenities. Built with…