Category: Uncategorized
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Alberta drivers facing auto insurance premium hikes
Alberta drivers are facing auto insurance premium hikes of up to 7.5% by July as the province prepares to adopt a no-fault private insurance model by 2027. Currently, Alberta has one of the highest average annual premiums in Canada at $1,703. The new model aims to reduce legal costs and expedite claims while maintaining a…
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Calgary’s Housing Market Is Rebalancing: What It Means | your*realtor
In January, seasonally adjusted housing activity rose 1% compared to December, maintaining steady market momentum.Sellers have been very active, with 22% more homes on the market in January than December!
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Calgary Rents Drop: Will They Keep Falling? | your*realtor
Calgary’s average apartment rent dropped 6% annually, settling at $1,925 per month. The decrease in Calgary rents aligns with Canada's broader rental market slowdown.
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Calgary reveals latest steps to revitalize vacant office space, address housing crisis
The City of Calgary is addressing its housing crisis by constructing three new residential developments and converting two vacant office buildings into residential units, adding 1,100 new homes. Mayor Jyoti Gondek announced that these projects will revitalize downtown and generate over $350 million in private investment, with the city contributing $20 million. The developments include…
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Investment Scams – If it seems too good to be true… it is.
Investment scams are a focus during Fraud Prevention Month, exploiting economic stress to target individuals with promises of high returns and low risk. Common scams include social media fraud, Ponzi schemes, and cryptocurrency schemes. Red flags include unrealistic return promises, pressure to invest quickly, and unregistered sellers. It's crucial to verify offers, be cautious of…
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Happy April Fool’s Day | your*realtor
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!
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Everything You Need To Know About Home Insurance
Buying a home is a major investment, and home insurance is crucial for protection against unforeseen events. It covers the building, contents, liability costs, and emergency living expenses. Although not mandatory in Alberta, mortgage lenders might require it. Insurance costs depend on factors like replacement cost, location, and security features. Coverage includes personal property, liability,…
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अल्बर्टा के लिए 7 आधिकारिक नए आवास डिज़ाइन टेम्पलेट
कनाडा सरकार ने अपना हाउसिंग डिज़ाइन कैटलॉग पेश किया है, जिसमें कम घनत्व वाले इन्फिल विकास के लिए आवास की सुलभता बढ़ाने के लिए मानकीकृत टेम्पलेट शामिल हैं। इस कैटलॉग में विभिन्न आवास प्रकारों और साइट स्थितियों के लिए डिज़ाइन शामिल हैं, जिनमें अल्बर्टा के लिए सात विशेष टेम्पलेट हैं। ये डिज़ाइन निर्माण लागत को…
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Early-Q1: More Homes, Slower Sales in Calgary | your*realtor
Calgary home sales ↓ 12% in January but remained ~30% above typical seasonal levels. A total of 1,451 homes were sold, with a residential benchmark price of $583K, ↑ 2.8% yearly.
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Calgary No. 2 among Canadian cities most vulnerable to tariffs, but there’s ‘no overnight solution’
Calgary and Alberta face significant risks from potential U.S. tariffs, particularly as the city exported $119 billion in goods to the U.S. in 2023, primarily in energy. With 80% of Calgary's GDP reliant on U.S. exports, the impact of tariffs could be severe, especially on incomes. While energy exports may face a lower tariff rate,…