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...
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...
There's a change coming for prospective first-time homebuyers in Canada. The Canada Mortgage and Housing Corporation (CMHC) says it is ending the First-Time Homebuyer Incentive program (FTHBI), a plan that was meant to help reduce monthly mortgage payments. In a nutshell, the government offered a loan of up to 10% of the purchase price, which would...
Calgary seems to be the star of the show these days when it comes to real estate trends and records, and the luxury homes market is no different with Calgary coming out on top in 2023! While other major city centres, such as Toronto, saw a decline in luxury home sales, and Canada as a whole plateaued, Calgary soared. Luxury home sales over $1-milli...
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...
In Autumn 2023, Edmonton passed huge residential zoning changes, leading many Calgarians to believe a similar bylaw would likely be passed in Calgary. As expected, it didn't take long for one to be proposed before Calgary City Council, and residents have a lot of polarizing opinions on the matter. It would mean a lot of changes for our city if this...