If you follow the housing or economic markets, or if you are affected personally by the recent interest rate hike, you've heard the Bank of Canada raised its key lending rate by a full 1% or 100 basis points last month. While most experts predicted a 0.75% increase, the 1% jump shocked many.
The bank made the biggest one-time increase to the benchma...
Calgary has been ranked in the top 10 of the world's most affordable cities!
According to the Urban Reform Institute’s Demographia International Housing Affordability Study, Calgary ranked 10th out of the 92 cities included in the survey.
Calgary’s affordability, which was based on numbers taken during the fourth quarter of 2021, was up slightly, pos...
Growing without a plan is like driving without a map: You may reach your destination, but don’t count on it. As it charts a course for growth, the City of Calgary is counting on its Guide for Local Area Planning to help communities find their way forward.“Two years ago, we were looking at our development goals and found that many communities didn’t...
After experiencing a lull in the market following the pandemic's start almost a year ago, we are now seeing record-breaking sales and seller’s market conditions nearly across the board. Historically, boom times for Calgary real estate occur when we have large amounts of in-migration coupled with strong local economic conditions - neither of which w...
Over the years as the market has changed, so have our priorities as a society and the things that potential buyers are looking for in a home. Basements suits have become a desirable feature across the board, and the same can be seen when looking at new Infill properties. One reason basement suites have been gaining in popularity is that there is th...