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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary’s High Housing Starts Outpace Rising Demand
Calgary experienced record-breaking residential construction in response to soaring housing demand. Total housing starts ↑ 13% to 19,579 units, with growth across all dwelling types.
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Rents up, but Still Lag Alberta’s Average
Rents in Calgary are up 8.6% yearly, reaching $2,089 in Early Q2, 2024, and shared accommodations saw an even bigger increase of 10%.Despite the rise,…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Housing Prices, Sales in Calgary Set to Accelerate Throughout 2024
Alberta's housing market is set to continue its rapid growth in 2024, with home sales expected to ↑ 13.6% The Canadian Real Estate Association forecasts…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Where You Can Buy for Under $500,000 in Calgary
Calgary's housing market is hot with a sales-to-new listings ratio of 84%, driven partly by out-of-province buyers. The east area of Calgary has the lowest…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Finding Your Dream Home in a Seller’s Market: It’s Possible!
Get a Real Estate agent: They can help you find new listings, negotiate offers, and understand the market. Get pre-approved for a mortgage: This shows…
Calgary market sees 7% increase in residential sales, continues to favour sellers
Calgary residential sales increased by seven percent compared to last year, with 11 percent more new listings. Supply levels are declining, especially for lower-priced homes….
Calgary Has Big Housing Plans. Residents Would Like a Word
Calgary residents are concerned about the lack of citizen engagement in the city's housing plans, particularly a rezoning proposal. The proposal aims to increase housing…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calculate Your Mortgage Payments: A Guide for Homebuyers
Use a mortgage calculator to estimate your monthly payments before house hunting. Factors affecting payments include home price, down payment, loan term (15 or 30-yr…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Okotoks Home Prices Hit a Record High: 8% in Early-Q2
Okotoks house prices continue to set records, ↑ 7.5% yearly to $617,200 in Early-Q2. This is the 6th time in the last 13-mo that Okotoks'…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Luxury Market Heats Up: More Expensive but Still a Bargain
Calgary's luxury home entry point has surged from $1M to $1.5M due to a hot market, according to a recent report. After a national slump,…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Fixed vs. Variable Mortgages Amid BOC Rate Decision
Fixed-rate mortgages have ↑ due to a rise in bond yields. Variable-rate mortgages remained unchanged following the BOC’s decision to maintain the overnight rate.
The best 5-year variable mortgage rates in Canada
Compared to other mortgage products in Canada, five-year variable-rate mortgages are very attractive when market interest rates are low, as they have been for the…