Category: Uncategorized
-
New $10K Secondary Suite Incentive Program in Calgary
A new program in Calgary aims to boost housing supply by offering incentives for safety in secondary suite development. Homeowners could receive up to $10K for safety requirements and an additional $5K for accessibility improvements.
-
Calgary Housing Market: Potential Shift Towards Normalcy
Calgary's housing market could normalize this month after years of being a seller's market. The market surge can be attributed to an influx of out-of-province buyers, leaving inventory struggling.
-
Progress made on Calgary’s housing strategy, but crisis worsening: report
Calgary city council will receive an update on the impact of the new housing strategy implemented in September. The strategy aims to address the housing crisis by building more homes and supporting non-profits. Despite progress, one-in-five households in Calgary still struggle to afford housing. Rent in the province has increased by 16.2% compared to last…
-
Market conditions worsen as Calgary implements its housing strategy
Calgary's housing strategy progress update shows completion of 5 out of 98 recommendations, with 53 in progress. Rental vacancy rate is at 1.1%, and average rent for a two-bedroom unit increased by 12%. Challenges include capacity constraints and rising costs. City aims to increase housing supply by over 41,000 units by October 2026. Continue to…
-
Calgary Rents: A Flat Decrease Can’t Hide a Year of Steeper Prices
Rent in Alberta is rising faster than anywhere else in Canada despite the national avg going down. Calgary rent was $1,707/mo in March for a 1-bedroom apartment, ↓ 0.3% MoM but ↑ 8.5% yearly.
-
Demand for Lower-Priced Listings Driving up Calgary Prices, Sales
Calgary Real Estate prices continued to ↑ in April, driven by high demand for affordable properties and low supply.The benchmark price of a house reached ~$604K in April, ↑ 9.9% yearly.
-
Calgary: Appealing Rents Due to Lower Taxes
Calgary offers attractive rental rates, potentially due to Alberta's lower tax structure.Bachelor apartments average $1,578 monthly.
-
Calgary Approves City-Wide Rezoning, Welcoming Missing Middle Housing
Calgary City Council approved city-wide rezoning, allowing missing middle housing to address housing affordability. Semi-detached homes, rowhouses, and townhouses will be permitted on residential lots currently zoned for single-family homes. Property owners can start submitting development permit applications immediately. The decision aims to increase housing supply, reduce costs, and meet the housing crisis. Continue to…
-
Calgary: Annual Growth in Early-Q2 Amid Monthly Fluctuations
The median rent for a 1-bed in Calgary was $1,830 in April. It was ↓ 0.5% MoM, but ↑ 10.9% yearly.
-
A Guide to Calgary’s Thriving Luxury Real Estate Market
Calgary's luxury Real Estate market is doing well, even better than bigger cities. The reason for this is Calgary's diversified economy, which has helped the city weather economic downturns.