Adding a Secondary Suite
Posted on Jul 09, 2023
Adding a secondary suite at any point in your homeownership journey can be a great way to diversify your revenue stream, support your mortgage payments, and make use of any potentially unused space you may have in your home. Here are a few things to consider:
1. Does your secondary suite meet all the legal and regulatory requirements? It is importan...
Another record-high month for Calgary
Posted on Jul 05, 2023
Notably, there has been a positive trend in new listings, provi...
May sales reach a record high
Posted on Jun 01, 2023
JUNE 1, 2023
May sales reach a record high
Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year.At the same time, we...
Prices reach new record high
Posted on May 02, 2023
Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city. “While sales activity is performing as expected, the steeper pullback in ne...
CREB Q1 2023 Housing Market Report
Posted on Apr 28, 2023
Sales activity has behaved as expected through the start of 2023 and slowed by 43 per cent over last year’s all-time record-high performance in the first quarter.
The steeper decline in the first quarter was expected, given the surge in sales last year, as purchasers were eager to enter the market ahead of expected rate gains.
“While no further rate...
“While no further rate...
Prices Rise As Conditions Favour The Seller
Posted on Apr 10, 2023
Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly...