Category: Uncategorized
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Check out my new listing Address: 116 Saddlestone Heath Unit #201, City, T3J 5K8
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Early Summer Calgary Home Sales Data
June Sales Decline: Home sales ↓ 12.8% yearly, with 2,738 properties sold. Higher Than Long-Term Trends: Despite the drop, sales ↑ 17% higher than long-term monthly trends.
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How The City Of Calgary’s New $60M Housing Capital Initiative Will Work
The City of Calgary has initiated a $60M Housing Capital Initiative to aid housing partners in securing extra funding. Eligible applicants are registered charities or non-profit organizations with housing project experience. The funding targets specific projects like new residential units and conversions, with a cap at 30% of project costs. Affordable rental units and mixed-use…
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Is the Calgary Housing Market Leaving First-Timers Behind?
First-time buyers in Calgary face challenges amidst rising home prices and limited affordable options. The benchmark price for single-family homes hit a record high of ~$762K, up 13% annually.
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Calgary home sales fall in June but still above long-term trends
Calgary Real Estate Board reveals a 12.8% decrease in home sales in June compared to the previous year, with 2,738 properties sold, mostly lower-priced homes. Nevertheless, activity is still 17% above the long-term average. The benchmark price in June was $608,000, an 8.5% increase from last year. New listings fell by 3.6% while inventory increased…
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What’s Driving Calgary’s Rent Frenzy?
Calgary's population grew by over 300K people from 2011 to 2023, increasing housing demand. Rising home prices have pushed prospective buyers into the rental market, increasing rental demand.
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Canada’s Most Livable: Calgary Shines in Top 5 Globally
Calgary has moved up to number 5 in the liveability index among the top 10 most livable cities in the world. Calgary scored higher than Vancouver in stability and infrastructure metrics.
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Calgary’s June housing market favours sellers; 40% of sales above list price
June's housing market experiences a slowdown, according to Royal Lepage. Continue to full article
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Benchmark Apartment Prices in Calgary: $240K-$280K
Calgary buyers can acquire 2 condos for $735K, with $54K remaining. The benchmark apartment price in Calgary ranges from $240K-$280K.
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High-End Property Sales Rise in Calgary in Mid-Q2
In Mid-Q2, Calgary saw 3,092 home sales, almost matching last year’s record. Sales were 34% above long-term trends despite a slight annual drop.