THE URBAN UPGRADE BLOG
RECENT BLOG ARTICLES

AN ARENA DEAL HAS BEEN REACHED!

Posted on May 02, 2023 in All About Calgary



Since the announcement on April 25, 2023, that a deal for a new arena was reached, it's been a point of political contention. A new arena is something Calgarians have been wanting, needing, and discussing for at least a decade, and now that it's finally on the horizon, there are mixed emotions among the population on whether the terms of the deal a...

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MAY 2023 MARKET UPDATE

Posted on May 01, 2023 in Market Updates



Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city.

“While sales activity is performing as expected, the steeper pullback in ne...

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CALGARY Q1 2023 MARKET UPDATE

Posted on Apr 28, 2023 in Market Updates



CREB, April 2023 - Sales activity has behaved as expected through the start of 2023 and slowed by 43 per cent over last year’s all-time record-high performance in the first quarter. The steeper decline in the first quarter was expected, given the surge in sales last year, as purchasers were eager to enter the market ahead of expected rate gains.

“Wh...

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TOP 15 HOME STAGING TIPS

Posted on Apr 06, 2023 in For Sellers



Are you preparing to sell your home? Regardless of the current real estate market climate, it's always a good idea to stage your home for listing purposes. According to home staging expert Alyssa Tavazoie of Alyssa Interiors in Toronto, if you want your house to look like it's worth every penny of the (substantial) sum you're asking, putting your h...

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APRIL 2023 MARKET UPDATE

Posted on Apr 03, 2023 in Market Updates



Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly...

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MARCH 2023 MARKET UPDATE

Posted on Mar 01, 2023 in Market Updates



Consistent with typical seasonal behaviour sales, new listings, and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006.

“While higher lending rates are impacting sales acti...

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