Category: Uncategorized
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Hot Calgary Housing Market Fuelled by Migration
Sales Up: – Calgary home sales ↑ 9.9% yearly in March 2024. Migration Boost: – Interprovincial migration to Alberta is contributing to strong market activity.
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Calgary’s Red-Hot Market: Booming Amid Worries
Population surge and economic resilience contribute to Calgary’s housing market outperforming other Canadian cities.Calgary, amidst Alberta’s housing crisis, faces: – Soaring rents – Rising home prices
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Calgary’s High Housing Starts Outpace Rising Demand
Calgary experienced record-breaking residential construction in response to soaring housing demand. Total housing starts ↑ 13% to 19,579 units, with growth across all dwelling types.
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Where You Can Buy for Under $500,000 in Calgary
Calgary's housing market is hot with a sales-to-new listings ratio of 84%, driven partly by out-of-province buyers. The east area of Calgary has the lowest avg house price in Calgary, at **$436K**, but this price [↑](color-green) **25%** each year.
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Hefty rent increases forecast in Calgary through 2026 amid tight supply
Rent in Calgary is expected to remain high for the next few years due to steady price increases. The vacancy rate for rental apartments is forecasted to decrease, leading to a shortage of units. Average rent for a two-bedroom apartment is projected to increase until 2026. Similar trends are seen in Edmonton, but with lower…
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Calgary Homes: Diverse Choices for Every Lifestyle and Budget
Calgary offers various communities catering to different lifestyles. Young professionals might prefer Beltline with its cafes and galleries, while families could choose suburbs with parks and schools.
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What Does Rezoning Mean in Calgary?
Calgary City Council proposes city-wide rezoning for more housing options. Benefits of Rezoning – More housing options – Easier development for single/semi-detached homes – Existing homes can still be replaced with new ones
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Why blanket rezoning has become Calgary’s biggest housing controversy
Calgary's largest public hearing begins to discuss rezoning regulations allowing more housing density in established communities. The proposal aims to address the housing crisis by amending zoning rules. The controversial blanket rezoning would impact older neighborhoods, sparking debate among residents and organizations. Continue to full article
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Insider Tips for Home Buyers
Budget for closing costs, typically 1.5% to 2% of purchase price. Submit a deposit, usually 2% to 5% of the home's purchase price.
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Calgary rezoning debate: What does higher density do to housing value?
The northwest Calgary community of Capitol Hill is part of a self-guided walking tour showcasing changes in housing density. Concerns exist about the impact on existing home values. Proposed rezoning could allow for more duplexes, townhouses, and rowhouses. The debate involves balancing neighborhood preservation with affordability and generational differences. Continue to full article