THE URBAN UPGRADE BLOG
RECENT BLOG ARTICLES

CALGARY Q1 2024 MARKET UPDATE

Posted on May 27, 2024 in Market Updates



City of Calgary, May 24, 2024 - Calgary’s housing market remains a hot spot in the country, driven by record-high international and interprovincial migration over the past two years. This influx has significantly increased housing demand. Employment gains and relative affordability continue to attract people to the province, resulting in strong
sale...

Read More

CALGARY PASSES CITYWIDE RE-ZONING BYLAW WITH AMENDMENTS

Posted on May 15, 2024 in Real Estate News



Blanket rezoning has been passed with a 9-6 vote, but with some amendments to the original proposal. On Tuesday, May 14th, a record-breaking City Council meeting adjourned after 16 days leading to the long-awaited decision from Calgary's lawmakers. Rezoning has been a hot topic since it was first proposed in 2023, and as suggested by the longest ev...

Read More

MAY 2024 MARKET UPDATE

Posted on May 01, 2024 in Market Updates



Sales in April rose by seven percent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 percent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products. 

At the same time, there were 3,491 new lis...

Read More

SPRING HOME MAINTENANCE REMINDERS

Posted on Apr 24, 2024 in For Homeowners



It may take longer to arrive than we would like, but Spring still manages to make its way to us every year. Spring comes with responsibilities though, and let's face it -- when we finally obtain freedom from shovelling snow, the last thing we want to do is think of more home maintenance and remember all the to-do items for Spring. Alas, it must be...

Read More

LONGER AMORTIZATION AVAILABLE FOR FIRST-TIME HOMEBUYERS

Posted on Apr 24, 2024 in Real Estate News



The news that the federal government will now allow a 30 year amortization period -- instead of 25 -- for certain first-time homebuyers has Canadian families breathing a sigh of relief. With the current housing market putting home ownership out of reach for so many, this change coming into effect August 1, 2024 will open up the doors for Canadians...

Read More

APRIL 2024 MARKET UPDATE

Posted on Apr 01, 2024 in Market Updates



March sales rose to 2,664 units, a 10 percent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In March, the sales-to-new listings ratio rose to 84 pe...

Read More

Get In Touch

#101, 320 23 Ave SW  Calgary,  Alberta  T2S 0J2 

Phone: 403-800-0760

info@urbanupgrade.ca