NEW INSURED MORTGAGE OPTION FOR NEWLY BUILT HOMES: THE 411
Posted on Aug 02, 2024 in For Buyers
Starting August 1, 2024, homebuyers in Canada will have a new mortgage option available for newly built homes. This initiative, introduced by the Canadian Mortgage and Housing Corporation (CMHC), aims to support affordable homeownership by offering insured mortgages with a 30-year amortization period, when it was previously a 25-year amortization p...
A TONGUE-IN-CHEEK LIST OF CALGARY'S TOP NEIGHBOURHOODS
Posted on Aug 02, 2024 in All About Calgary
AUGUST 2024 MARKET UPDATE
Posted on Aug 01, 2024 in Market Updates
With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 percent, supporting a gain in inventory. Inventories rose to 4,158 units, still 33 percent below what we typically see in July, but the first time they have pushed above 4,00...
CALGARY Q2 2024 MARKET UPDATE
Posted on Jul 22, 2024 in Market Updates
The...
JULY 2024 MARKET UPDATE
Posted on Jul 02, 2024 in Market Updates
Sales in June reached 2,738, a 13 percent decline from last year’s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower price ranges. Despite the easing in June sales, they remain over 17 percent higher than long-term trends.
“The pullback in sales reflects supply challe...
SELLING YOUR SHORT-TERM RENTAL PROPERTY
Posted on Jun 21, 2024 in For Sellers
Selling your short-term rental property can open up new opportunities, whether to capitalize on financial gains, simplify...