Category: Uncategorized
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Calgary Condos Outperform in H1: Prices Climb 15% | your*realtor
Calgary's condominium sales increased by nearly 3%, with 5,722 units sold in H1 2024. The average condo price in Calgary rose 15% to $347,203, driven by strong market demand.
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Calgary overall 2025 property tax rate is to stay at 3.6%
The City of Calgary will maintain a 3.6 percent property tax increase for 2025, thanks to last-minute investment income and internal savings. Homeowners of a $700,000 property will see a tax increase of 3.9 percent, while condo owners will face a 10.5 percent rise. The operating budget will increase by 11.4 percent, with significant investments…
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Calgary Home Sales Fall Amid Higher-Priced Listings | your*realtor
September home sales dropped 17.6% to 2,003, still 16% higher than long-term trends.Benchmark home price in September was $596,900, 5.5% higher than last year.
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Two spots in Calgary are seeing the biggest jumps in house prices
Calgary's real estate market has seen a significant increase in house prices, particularly in two areas of the city. Continue to full article
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Calgary Housing Starts on Track for Record Year | your*realtor
Housing starts in Calgary are projected to reach 23,000 in 2024, surpassing last year's record of 19,579. CMHC reported over 13,650 starts, marking a 40% year-over-year increase.
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Calgary’s Two-Income Families Drive up Housing Demand | your*realtor
Single-income families struggle to afford homes, as two-income families dominate both ownership and rental markets. Modern homes have evolved from small bungalows to larger, more expensive two-storey houses with extra amenities.
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Opinion: Why Calgary needs to fix its house before throwing a zoning party
Calgary's city hall is criticized for focusing on rezoning without addressing urgent infrastructure issues. The city's water systems are leaking, roads are damaged, and community facilities like recreation centers and libraries are overcrowded. With a projected population increase of one million in the next decade, there is a pressing need for investment in community hubs…
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New Zoning Sparks Land Title Contract Surge in Calgary | your*realtor
A growing number of households in Calgary are registering restrictive covenants to counter new zoning regulations. The zoning changes allow for more densification, permitting duplexes and row houses without a land-use redesignation.
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Mid-Q3 Inventory up, Sales Down in Calgary | your*realtor
Calgary’s market shifted from a seller’s market with more inventory and fewer sales in August. August saw inventory at 4,487 units, ↑ 37.3% yearly, but low compared to long-term trends.
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Three areas in Calgary are seeing HUGE jumps in detached house prices
In Calgary, the benchmark price for detached houses has surged, with the total residential benchmark price at $596,900, over 5% higher than last year. East Calgary leads with a 15.1% increase to $526,900, followed by northeast Calgary at 11.1% to $614,300, and south Calgary at 10.1% to $731,300. New listings rose to 3,687 units, the…