Category: Uncategorized
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Income Needed to Buy a Home in Dallas | your*realtor
Median Income: $63,985 Household Average Value: $336,851 Household 10% Down Payment: $33,685.10 Monthly Mortgage Cost: $2,015 Monthly Expenditure Cost: $2,777 Monthly Total Cost: $4,792 Salary Needed: $115,001 Livability: 81
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High-End Property Sales Rise in Calgary in Mid-Q2 | your*realtor
In Mid-Q2, Calgary saw 3,092 home sales, almost matching last year’s record. Sales were 34% above long-term trends despite a slight annual drop.
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Calgary Adopts Housing Density Despite Opposition | your*realtor
Calgary adopted housing density changes despite public opposition. Calgary approved zoning for mixed housing types.
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Calgary just became one of Canada’s priciest rental markets
Calgary's rental market has become one of Canada's top 10 priciest, with a 12.8% increase in two-bedroom rental costs since last year. Rent for a two-bedroom apartment in Calgary is around $2,200, close to the national average of $2,349. One-bedroom rent also rose by 3.4% to $1,830. Calgary now ranks ninth, behind Kitchener and Kelowna.…
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Downtown Calgary’s first office-to-residential conversion opens
An office-to-residential conversion project in downtown Calgary, The Cornerstone, is now open. It is the first completed project under Calgary’s Downtown Development Incentive Program, aiming to bring people to live downtown and add space to the housing market. The building offers 112 two and three-bedroom apartments, with 70% already leased. It includes suites for lower…
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Two Spots Near Calgary Have Homes Under $572K! | your*realtor
Housing sales in Calgary ↓ 13% yearly to 2,738. Over 40% of homes sold in Calgary exceeded their list prices, indicating a competitive market.
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Early Summer Calgary Home Sales Data | your*realtor
June Sales Decline: Home sales ↓ 12.8% yearly, with 2,738 properties sold. Higher Than Long-Term Trends: Despite the drop, sales ↑ 17% higher than long-term monthly trends.
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Calgary’s Hot Market: Find Your Affordable Home! | your*realtor
Red Carpet: Cheapest area, with detached homes at a median price of ~$114K. Greenwood/Green Briar: Another good option for detached homes, with a median price of $155K.
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Calgary’s Housing Strategy Faces Challenges | your*realtor
Calgary's implementing its housing strategy but it'll take time to see results. Some progress has been made but market conditions have worsened since the strategy was approved.
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May sales cool as supply increases
Sales in Calgary's resale market cooled in May due to increased supply, with 3,092 sales, down 0.8% from last year. However, condominium sales surged by 19%, setting a new record. Despite more listings, home prices rose 9.5% year over year to $605,300, with row homes increasing by over 19% to $462,500. Detached homes remained the…