What could the Bank Of Canada's next announcement mean for the market?
Posted on Dec 05, 2024
All signs suggest that the Bank of Canada will cut interest rates on December 11, which is good news for those looking to enter the housing market. As the economy slows, with GDP growth underperforming and inflation slightly higher than expected, the anticipated rate cut is expected to lower prime rates and variable mortgage rates, making home owne...
Supply on the rise, but not across all price ranges
Posted on Dec 04, 2024
December 2, 2024
Supply on the rise, but not across all price ranges
As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline...
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...