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RECENT BLOG ARTICLES

PROPOSED BLANKET REZONING: WHAT IT ALL MEANS

Posted on Feb 21, 2024 in Real Estate News



In Autumn 2023, Edmonton passed huge residential zoning changes, leading many Calgarians to believe a similar bylaw would likely be passed in Calgary. As expected, it didn't take long for one to be proposed before Calgary City Council, and residents have a lot of polarizing opinions on the matter. It would mean a lot of changes for our city if this...

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CALGARY VACANCY RATES ARE PLUMMETING

Posted on Feb 19, 2024 in Real Estate News



Reports of vacancy rates plummeting in Calgary have been flooding the local news in recent days, informing us that local rental rates are now officially on par with Toronto. The average rent for a two-bedroom apartment has reached nearly $1,700, a rate increase of 14%, and a vacancy rate of 1.4%. These are growth numbers not seen since 2007, accord...

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FEBRUARY 2024 MARKET UPDATE

Posted on Feb 01, 2024 in Market Updates



January sales rose to 1,650 units, a significant gain over last year's levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced above $700,000.

The rise in new listings relative to sales di...

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SHORT TERM RENTAL CHANGES HAVE ARRIVED

Posted on Jan 31, 2024 in Real Estate News



CREB - On June 6, 2023, The City of Calgary took a significant step in enhancing the regulation of short-term rentals, approving crucial bylaw changes that came into effect on Jan. 1, 2024. These changes, aimed at fostering accountability, improving safety, and minimizing negative community impacts, mark the city's commitment to creating a fair and...

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CREB: 2023 MARKET SUMMARY & 2024 FORECAST

Posted on Jan 24, 2024 in Market Updates



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

Here, a look at what CREB has to say about the Calgary real estate market. If yo...

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CREB: 2023 ECONOMIC REVIEW & 2024 FORECAST

Posted on Jan 23, 2024 in Market Updates


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

Here, a look at what CREB has to say about the Calgary economy. If you are looki...

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