Category: Uncategorized
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Calgary Condo Market: A Smart Investment
Calgary's condo market is attracting Toronto investors, as average rents surpass mortgage costs, creating surplus income.Calgary ranks sixth in a report comparing rent-to-mortgage ratios, with a monthly surplus of $474.
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Calgary Home Prices Set to Rise 52% by 2030
Calgary’s Real Estate predictions for the next 10 years are also looking optimistic. Calgary House Market Forecast: Avg House Price – 2024: $720K – 2025: $810K
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The price has reduced for this Listing, check it out Listing Address: 55 NE Castlepark Calgary, Alberta T3J1R9
Discover this stunning, fully renovated duplex located in a prime neighborhood. Boasting 1,182 square feet of living space, this home features three spacious bedrooms and 1.5 bathrooms upstairs, providing a comfortable layout for family living. The entire house has been newly painted inside and out, giving it a fresh, modern feel. Enjoy cooking in the…
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What the Interest Rate Cut Means for Calgary Homeowners
The second rate cut in two months is positive news for those with debt and homebuyers. The rate decrease makes it a favourable buyer's market with lower mortgage rates.
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Calgary Market Nears Balance With 19% Inventory Boost
– Sales in Early-Q3: ↓ 10% yearly to 2,380 homes – New Listings: 3,604- Inventory: 4,158 units; 33% below typical July levels – Months of Supply: 1.8-mo
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Housing sales down, new listings on the rise in Calgary
Real estate sales in Calgary decreased by 19.5% year-over-year in August, with 2,186 sales recorded, while new listings rose by 13% to 3,536. The market is shifting from a seller's market due to increased new home construction and listings, although supply remains low for lower-priced properties. The benchmark home price increased to $601,800, up 6.3%…
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Now’s Your Chance: Calgary Seller’s Market Easing
Calgary's Real Estate market shows signs of cooling, with rising inventory and slower sales. In Early-Q3, Calgary saw 2,380 sales and 3,604 new listings, pushing inventory above 4K units.
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Prices rise as annual Calgary home sales fell nearly 20 per cent in August
In August, Calgary saw 2,186 real estate transactions, a nearly 20% decline from last year's record levels, as the extreme sellers' market conditions eased. The benchmark price for all home types was $601,800, slightly lower than July but up 6.3% from August 2023. New listings increased by 13% to 3,536, with detached home sales down…
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Calgary housing market saw slowing sales and balanced conditions in August
In August, Calgary home sales fell to 2,186, a 19.5% decrease from last year, though still 17% above long-term averages. New listings slightly decreased to 3,536, resulting in a months of supply of 2.05, the highest since late 2022. The unadjusted residential benchmark price reached $601,800, a 6% increase year-over-year. Detached home sales dropped by…
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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.