THE URBAN UPGRADE BLOG
RECENT BLOG ARTICLES

NEW SECONDARY SUITE INCENTIVE PROGRAM

Posted on Jun 15, 2024 in Real Estate News



If you're considering adding a legal secondary suite to your home or future home, we have news for you! The City of Calgary is working hard to combat the housing crisis and provide more housing for Calgarians, both veterans and newcomers, by offering an incentive to encourage and assist homeowners in building legal secondary suites. The Secondary S...

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JUNE 2024 MARKET UPDATE

Posted on Jun 04, 2024 in Market Updates



In a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one percent below last year's record high, it is 34 percent higher than long-term trends for the month. The pullback in sales was primarily driven by declines in lower-priced detached and semi-detached homes, where there was limite...

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SHOULD I BUY BEFORE SELLING?

Posted on Jun 03, 2024 in For Buyers



Should you buy first or sell first? Sometimes this feels a bit like asking whether the chicken or the egg came first. The answer to the buy/sell dilemma has so many variables attached to it, but it's definitely not a hopeless loop of circular reasoning if you look at the current market. And perhaps if we remove the should or should not vocabulary a...

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NEW HOME WARRANTIES EXPLAINED

Posted on Jun 01, 2024 in For Buyers



If you're thinking about buying/building a brand new home, are you confident in your knowledge of the new home warranty that comes with it? As the resale market in Calgary keeps tightening, new builds are increasing in popularity, so it's more important than ever to make sure you know what you're getting. There's a lot to know, but the good news is...

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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...

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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...

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