Category: Uncategorized
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Calgary Real Estate Is on Fire
Calgary outperforms other Canadian cities in Real Estate with rapid growth and better affordability. Home affordability in Calgary improved in early 2024, with lower mortgage payments compared to other major cities.
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Calgary’s Best Neighbourhoods for Vibrant Living
Inglewood, Calgary’s oldest neighbourhood, offers a small-town charm with vibrant eateries and historical sites. Kensington, north of the city centre, is a hub for specialty shops, trendy brunch spots, and public art.
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These Calgary non-profits received $1M in funding to support affordable housing
Ten Calgary non-profits have received $1 million in grant funding from the City of Calgary to support affordable housing projects through The Home Program. This initiative, launched in 2017, has funded over 100 housing projects. Approximately half of the awarded projects focus on housing supports for Indigenous People, Black and Racialized, and equity-deserving populations. The…
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Calgary Market Moves Closer to Balanced Conditions
Home sales ↓ 10% yearly, with 2,380 properties sold. Benchmark price $606,700, ↑ nearly 8% yearly, stable MoM.
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Calgary’s Real Estate: Hotter Than Ever!
Calgary’s Real Estate market surged in 2024, fuelled by high immigration and inter-provincial migration. Top-tier home sales in Calgary ↑ 46% yearly, reaching 1,130 properties sold over $1M.
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Early-Q3 Calgary Housing: Boom or Bust?
In Alberta, demand remains strong, despite Calgary ↓ 13% yearly in sales. Calgary’s new listings ↓ 9% MoM, and ↓ 4% yearly.
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Ottawa releases land in Calgary, Edmonton for new housing
Ottawa is accepting development proposals for two Crown-owned land parcels in Calgary and Edmonton to address the housing crisis. In Calgary's Currie Barracks, 99 housing units will be built, with 30% designated as affordable, while Edmonton's Village of Griesbach will see 45 new townhouses, half of which will also be affordable. Developers will lease the…
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Calgary Rent Cools; But $1M Home Sales Heat Up
Calgary's housing market is seeing cooling rent increases but a surge in $1 million-plus home sales.Calgary's avg rents rose by 4% to nearly $2,100 in June; rental vacancy rates are projected to drop to 1.1% this year.
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City of Calgary launches second phase of study on short-term rentals
Calgary is conducting an online survey until the end of September to gather feedback on short-term rental regulations. The Short-Term Rental Study aims to analyze market characteristics, public perceptions, and the impact of short-term rentals on the housing market. The study, in collaboration with the University of Calgary, found a 25% increase in rentals over…
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Happy Labour Day
Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your…