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...
SPRINGTIME HOME MAINTENANCE
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...
LONGER AMORTIZATIONS FOR FIRST-TIME BUYERS
Posted on Apr 24, 2024 in Real Estate News
APRIL 2024 MARKET UPDATE
Posted on Apr 01, 2024 in Market Updates
SEMI-ANNUAL REPORT - 2024 Vol 1
Posted on Mar 18, 2024 in Market Reports
If you have been keeping an eye on the for sale signs in your area, you have likely noticed that Calgary’s real estate market is on fire! Over the last few years, we have experienced incredible in-migration and a strong economy, both of which have led to strong appreciation in our real estate sector.
A strong real estate market has meant different t...
MARCH 2024 MARKET UPDATE
Posted on Mar 01, 2024 in Market Updates
New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 percent compared to last year for a total of 2,135 units. The shift in sales and new listings kept the sales-to-new listings ratio exceptionally high at 79 percent, ensuring inventories...
GOVERNMENT CANCELS FIRST-TIME BUYER INCENTIVE
Posted on Mar 01, 2024 in Real Estate News
CALGARY LUXURY MARKET OUTPACES LARGER MARKETS
Posted on Feb 22, 2024 in Real Estate News
ADDING A NEW LEGAL SUITE
Posted on Feb 21, 2024 in For Homeowners
Here's the scoop. The popularity of adding a legal secondary suite has risen dramatically in Calgary over the last few years. Why?
Demand for rentals in Calgary is sky high. A huge influx of people into our city looking to rent, along with existing demand from current inhabitants has meant demand for rentals has outpaced supply, and rents have been...
PROPOSED BLANKET REZONING: WHAT IT ALL MEANS
Posted on Feb 21, 2024 in Real Estate News
CALGARY VACANCY RATES ARE PLUMMETING
Posted on Feb 19, 2024 in Real Estate News
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...
SHORT TERM RENTAL CHANGES HAVE ARRIVED
Posted on Jan 31, 2024 in Real Estate News
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...
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...
Here, a look at what CREB has to say about the Calgary economy. If you are looki...
#1 TEAM IN 2023 AT RE/MAX HOUSE!
Posted on Jan 19, 2024 in Team News
Once again, we are doing the Happy Dance over here!
2024 has certainly started off on the right foot, with news that we were (once again) ranked the #1 Team at Re/Max House of Real Estate for 2023! The last few years have been a wild ride in Calgary's crazy real estate market - certainly keeping us on our toes! Even though the year has already start...
BUY NOW OR WAIT FOR LOWER RATES?
Posted on Jan 19, 2024 in For Buyers
TOP PROPERTY TAX ASSESSMENT MYTHS
Posted on Jan 12, 2024 in For Homeowners
JANUARY 2024 MARKET UPDATE
Posted on Jan 02, 2024 in Market Updates
Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominium-style homes.
“Higher lending rates dampened housing demand t...
LEGALIZING AN EXISTING SUITE
Posted on Jan 02, 2024 in For Homeowners
Legalizing an existing secondary suite in Calgary is becoming more common due to the recent up-zoning and changes in the bylaws affecting both existing and new suites. Legalizing a secondary suite can offer numerous benefits, such generating more income, increasing property value, and aligning with the City's bylaws.
In this article, we'll walk you...
ADOPT-A-MOMMA FOR CHRISTMAS 2023!
Posted on Dec 20, 2023 in Team News
It's no secret that we like to do our part and give back at the holidays. This year, we were inspired to do a little extra.
In addition to our annual food drive, a few of our team members volunteered to join the #AdoptaMomma program by Made by Momma to help families living in Calgary who are going through trying times to have a memorable holiday.