Top Calgary Neighbourhoods for Real Estate Investment
Posted on Nov 05, 2024
If you're looking to invest in Calgary's real estate market, selecting the right neighbourhood is crucial. Here are some prime areas to consider, known for their strong rental demand, growth potential, and appealing amenities:
1. Beltline
- Average Rent for 1-Bedroom: $1,500 - $1,800/month
- Average Rent for 2-Bedroom: $2,100 - $2,400/month
Supply Levels Improving For Higher Priced Homes
Posted on Nov 05, 2024
Calgary, Alberta, November 1, 2024 – Sales gains for homes priced above $600,000 offset declines at the lower end of the market, resulting in October sales that were similar to last year. The 2,174 sales in October increased over September and stood 24 per cent above long-term trends for the month.
“Housing demand has stayed relatively strong in our...
“Housing demand has stayed relatively strong in our...
New listing growth driven by higher-priced homes
Posted on Oct 01, 2024
Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September.
“We are starting to see a rise in new...
“We are starting to see a rise in new...
You Are Invited to Cranchella
Posted on Sep 20, 2024
🎶 Join us on September 28th from 1 PM-7 PM at Cranchella Music Fest! 🎶
We are excited to be one of the sponsors for Cranchella and we’ve got something fun for the whole family! Bring the kids for FREE face painting from 2-4 PM 🎨 at our stand, and don't forget to grab your free treat bag! 🍭🎉
📅 When: September 28th 1 PM -7 PM
📍 Where: Century Hall, Cran...
Calgary housing market sees shifts
Posted on Sep 04, 2024
Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022.“As expected, rising new home construction and gains in new listings are starting to suppor...
Supply levels improve, taking some pressure off prices
Posted on Aug 01, 2024
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 per cent, supporting a gain in inventory. Inventories rose to 4,158 units, still 33 per cent below what we typically see in July, but the first time they have pushed above 4...