Category: Uncategorized
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New federal plan for housing unveiled: How does Airdrie fit into this plan?
The federal government has introduced the Canada Public Land Bank as part of the Public Lands for Homes Plan to tackle the housing crisis. This initiative includes 56 federal properties suitable for housing development, with an interactive map available for builders to explore options. Notable properties include sites in Airdrie, Calgary, and Edmonton, with commitments…
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Calgary Rent Cools; But $1M Home Sales Heat Up | your*realtor
Calgary's housing market is seeing cooling rent increases but a surge in $1 million-plus home sales.Calgary's avg rents rose by 4% to nearly $2,100 in June; rental vacancy rates are projected to drop to 1.1% this year.
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Inflation drop reinforces hope for September interest rate cut in Canada
Canada's annual inflation rate dropped to 2.5%, aligning with forecasts and suggesting a potential third interest rate cut in September. The consumer price index report highlighted lower prices in travel, vehicles, and electricity, while shelter costs remain a significant inflation driver, though their growth slowed to 5.7%. The Bank of Canada is expected to continue…
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City of Calgary launches second phase of study on short-term rentals
Calgary is conducting an online survey until the end of September to gather feedback on short-term rental regulations. The Short-Term Rental Study aims to analyze market characteristics, public perceptions, and the impact of short-term rentals on the housing market. The study, in collaboration with the University of Calgary, found a 25% increase in rentals over…
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Calgary Rents: 7.3% Increase in Early-Q3 | your*realtor
Calgary remains a popular destination, increasing cost of living and rental rates. Renting a two-bedroom in Calgary has risen by 7.3% since July 2023.
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Happy Labour Day | your*realtor
Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your…
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Is Now the Time to Buy in Calgary? | your*realtor
Calgary saw 2,738 residential sales in Late-Q2, up 17% from long-term trends. Late-Q2’s benchmark price rose to $608K, marking an almost 9% increase yearly.
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Calgary Market Slowdown: Sales Drop 13% | your*realtor
Calgary reported 2,738 residential sales in Late-Q2, marking a 13% drop yearly. Supply challenges in lower price ranges limited options, pushing over 40% of homes over list price.
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Rent or Own? The Path to Owning Your Home | your*realtor
Weigh Flexibility vs. Investment: Renting offers flexibility, while buying builds equity and offers tax benefits. Consider Long-Term Stability: Buying is better if you plan to stay in one place for many years.
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Airdrie real estate: Sales and prices continue to rise
The Calgary Real Estate Board (CREB) reported that housing sales in Airdrie saw an increase in both sales and new listings in the second quarter. Prices for detached, semi-detached, row style, and apartment style homes all experienced significant gains year over year and quarter over quarter. Despite the rise in new listings, supply challenges persist…