Category: Uncategorized
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Calgary Renter Shares Surge: Set to Ease in 2026
The cost to buy a house in Calgary has significantly increased, leading many locals to turn to the rental market.The avg home price in Calgary is ~$587,300, with the aggregate home price in the Q1 2024 at $676,400.
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5 Key Points to Determine How Much Your Home Is Worth
Location: This includes proximity to desirable amenities, views, noise levels, etc. Comparable homes nearby: Look at recent sales prices of similar homes in your area.
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Calgary’s Hot Market: Find Your Affordable Home!
Red Carpet: Cheapest area, with detached homes at a median price of ~$114K. Greenwood/Green Briar: Another good option for detached homes, with a median price of $155K.
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Calgary Affordable Housing Strategy on Track
Calgary approved the affordable housing strategy last September after the council heard the voices of over 150 people. The strategy aims to create 3K new affordable homes and assist the market with 1K/yr additional homes.
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Renter shares booming in Calgary faster than any other Prairie city
The cost to buy a house in Calgary has surged, leading many locals to turn to the rental market. Average home prices in Calgary range from $587,300 to $676,400, making ownership unattainable for many. Calgary has seen significant growth in renter shares, with 31% opting to rent. Younger millennials and seniors over 65 dominate the…
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Owning in Calgary: More Affordable Than You Think
Alberta Spotlight: A recent credible report highlights the affordability of Alberta cities. Calgary Market: While Calgary didn't make the top 15, it offers a distinct housing market with an average home price of ~ $676K.
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Calgary has the lowest share of renter households in Canada’s largest cities
Calgary has the lowest share of renter households among Canada's largest cities, with about 31% of dwellings being rented. Despite this, Calgary saw the largest percentage increase in renters between 2016 and 2021. Montreal has the highest share of renters at over 63%, while Toronto follows with about 48% of households being renters. Continue to…
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49% of Calgary Homes Selling Above Asking Price
Between Jan-April 2024, 92 homes in 49% of Calgary neighbourhood sold above asking price. More affordable areas see higher competition with homes selling over asking price.
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Calgary’s Housing Strategy Faces Challenges
Calgary's implementing its housing strategy but it'll take time to see results. Some progress has been made but market conditions have worsened since the strategy was approved.
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Calgary Real Estate Rises 40% Amid Migration Trends
Home prices in Calgary ↑ from ~$414K in 2019 to ~$580K in 2024. This represents ↑ $166K or ↑ 40% in 5-yr.