THE URBAN UPGRADE BLOG
RECENT BLOG ARTICLES

JULY 2026 MARKET UPDATE

Posted on Jul 02, 2026 in Market Updates


High-density supply impacts apartment condominium prices

June sales in Calgary improved over May, reaching 2,197 units. Despite the monthly gains, sales were nearly 4% lower than last year and just below the long-term average for June, largely due to pullbacks in apartment-style units. While sales are down across most price ranges so far this year...

Read More

REDEVELOPMENT AT WESTBROOK STATION

Posted on Jun 25, 2026 in Development Spotlight


After sitting largely vacant for more than a decade, the land surrounding Calgary's Westbrook LRT Station may finally be seeing new life.

The City of Calgary is developing a master plan for the area and is seeking public feedback before proceeding. While construction is not expected to begin until 2029, the project represents one of the largest tran...

Read More

RE/MAX Circle of Legends Award 2025!

Posted on Jun 24, 2026 in Team News

We are incredibly honoured to announce our achievement of the prestigious RE/MAX Circle of Legends Award!


This distinguished recognition is reserved for RE/MAX professionals who have dedicated at least 10 years to the RE/MAX network with a high volume of sales. This represents years of hard work, unwavering commitment, and a passion for helping clie...

Read More

JUNE 2026 MARKET UPDATE

Posted on Jun 01, 2026 in Market Updates


Apartment prices ease as inventory remains elevated.

In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11% higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inve...

Read More

THE SCOOP ON FIRST TIME HOMEBUYER PROGRAMS

Posted on May 05, 2026 in For Buyers


Affordability is top of mind for many first time homebuyers. The good news is that there are a range of Federal programs available to help make the leap into home ownership less financially stressful. 

AVAILABLE FIRST TIME BUYER PROGRAMS:

Home Buyer's Plan (HBP)
You may withdraw up to $60,000 from your registered retirement savings plan (RRSP) tax-fre...

Read More

MAKING THE CASE FOR BUYING IN THE SUMMER

Posted on May 04, 2026 in For Buyers


While market conditions shift from year to year, one thing remains consistent: There are quite a few reasons why shopping in the Summer months makes a lot of sense. 

1. More Listings = More Choice

Although inventory levels can fluctuate from year to year, we most often see peak inventory levels in June and July. This is when the most homes are listed...

Read More

MAY 2026 MARKET UPDATE

Posted on May 04, 2026 in Market Updates


Balanced conditions in the city, except for apartment-style units.

In line with seasonal expectations, both sales and inventory levels trended up relative to March’s activity. Despite this typical monthly rise, April sales totalled 2,104 units, 6% lower than levels reported in 2025. 

“Sales were expected to ease this year as our market transitioned aw...

Read More

CANADA SEES SIGNIFICANT RENT ADJUSTMENTS

Posted on Apr 14, 2026 in Real Estate News


After many years of strong rental increases, the average asking rent for all residential properties in Canada fell 5.3% year-over-year in March 2026, down to $2,008. This marks the fastest decline since the onset of COVID-19 and is largely the result of shifting immigration policy. 

While this downwards shift is evident across most major Canadian cit...

Read More

CALGARY VOTES TO REPEAL BLANKET ZONING - WHAT NOW?

Posted on Apr 10, 2026 in Real Estate News



Following weeks of public hearings and deliberation, the City Council voted to officially approve the repeal of blanket rezoning on April 8, 2026.

This means that residential zoning across the city will revert to its previous state before the citywide rezoning was introduced in 2024. Here, an outline of what comes next and what this means.

WHAT WAS A...

Read More

SEMI-ANNUAL REPORT - 2026 Vol 1

Posted on Apr 02, 2026 in Market Reports


2025 was another interesting year for the Calgary real estate market, with an overall market slowdown, though variation depended on property type, price point, and location. Certain locations and property types have seen up to a 15% decline in market value through 2025, while others have remained relatively unchanged or even gone up in value. As al...

Read More

APRIL 2026 MARKET UPDATE

Posted on Apr 01, 2026 in Market Updates


Supply conditions in March varied significantly depending on property type

Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing st...

Read More

AN UPDATE & TIMELINE OF THE REZONING APPEAL

Posted on Mar 31, 2026 in Real Estate News


For those awaiting Calgary's decision on the rezoning hearing that started last week, here's what you should know: The public hearing on Calgary's rezoning repeal is expected to extend into next week as City Council reviews a substantial number of public responses. The Council has stated that no decision will be made until all opinions have been he...

Read More

NEW GST REBATE FOR FIRST-TIME BUYERS IN EFFECT

Posted on Mar 16, 2026 in Real Estate News



Big Savings Ahead: New GST Rebate for First-Time Home Buyers!

Canada’s new first-time home buyers’ GST program has now officially passed into law as of March 12, 2026, making homeownership more attainable for Canadians taking their first step into the housing market. The First-Time Home Buyer (FTHB) GST Rebate offers substantial financial relief for...

Read More

CALGARY'S REZONING APPEAL - WHAT YOU SHOULD KNOW

Posted on Mar 05, 2026 in Real Estate News


In case you weren't aware, here’s something important to keep on your radar: The City of Calgary has scheduled a public hearing on Monday, March 23, 2026, regarding the proposed repeal of the citywide blanket rezoning that came into effect in August 2024. If passed, this could have real implications for real estate development and property values t...

Read More

TAX ASSESSMENT VS MARKET VALUE

Posted on Mar 03, 2026 in For Homeowners


It’s that time of year again! If you’re a homeowner in Calgary, you’ve likely opened your annual property assessment notice and wondered: Does this number reflect what my home is actually worth? It’s a common question—and an important one.

Understanding the difference between your assessed value and your market value can help you make more informed...

Read More

MARCH 2026 MARKET UPDATE

Posted on Mar 02, 2026 in Market Updates


Detached market tightens while apartments remain oversupplied.

Calgary continued to see market conditions vary by property type in February. The tightest conditions occurred in detached and semi-detached properties, reporting less than three months of supply. Row homes reported slightly higher supply levels relative to demand but remained relatively...

Read More

SHORT-TERM RENTAL RULES CHANGES IN CALGARY

Posted on Feb 24, 2026 in Real Estate News


In April 2025, the City of Calgary implemented major updates to its short-term rental (STR) regulations. The goal was to provide clearer oversight of home-sharing while protecting the long-term housing supply and neighbourhood livability. Below, we highlight what changed — and what the impact has been so far.

WHAT WERE THE KEY RULE CHANGES?

1. Broade...

Read More

FEBRUARY 2026 MARKET UPDATE

Posted on Feb 02, 2026 in Market Updates



January sales activity shows a slow start for high-density homes.

Calgary reported 1,234 sales in January, a year-over-year decline of 15%, but in line with typical levels of activity for the month. While sales declined across all property types, the steepest declines occurred in higher-density homes. 

“Following the typical December slowdown, potenti...

Read More

CREB: 2025 ECONOMIC REVIEW & FORECAST

Posted on Jan 21, 2026 in Market Updates


The Calgary Real Estate Board (CREB) recently released their annual market and economic review and forecast. This annual report examines the housing sector, the local Calgary economy, and other variables that impact real estate, such as lending rates and migration patterns.

Here is a look at what CREB says about the Calgary economy. If you are looki...

Read More

CREB: 2025 SUMMARY & 2026 FORECAST

Posted on Jan 21, 2026 in Market Updates


The Calgary Real Estate Board (CREB®) recently released the 2026 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB® Chief Economist Ann-Marie Lurie, provides an in-depth analysis of Calgary's economic and housing market trends for the upcoming year. 

Here is a look at what CREB says about the Calgary econo...

Read More

#2 TEAM FOR 2025 AT RE/MAX HOUSE!

Posted on Jan 12, 2026 in Team News


As we look back on 2025, we’re proud to reflect on another year of strong performance at RE/MAX House of Real Estate.
In an ever-evolving Calgary real estate market, consistency matters — and year after year, our team continues to rank among the brokerage’s top-producing teams.

From the ups and downs of shifting market conditions to the unique needs...

Read More

View Older Posts

Get In Touch

4034 16 Street SW  Calgary,  Alberta  T2T 4H4 

Phone: 403-800-0760

info@urbanupgrade.ca