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As Calgary’s office conversion program reopens, initial projects remain under construction
Calgary's office conversion program is reopening, with initial projects still under construction. The Cornerstone, a 112-suite building, is complete, while ten more projects are in…
Calgary Real Estate: Spacious Living Near Nature | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
Calgary’s Real Estate offers more spacious properties, enhancing quality of life and lifestyle flexibility. Avg rent prices in Calgary are significantly lower, making it a…
Calgary Home Sales Drop Amid Rising Listings in Mid-Q3 | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
Calgary’s August Real Estate sales totalled 2,186, ↓ 19.5% decrease compared to the previous year. New listings in August reached 3,536, marking ↑ 13% yearly…
Shared Living Costs Is Increasing in Calgary | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
Calgary’s average rent for shared accommodations is now $928, showing a significant increase. Rent for roommates in Calgary continues to climb, bucking the trend of…
Calgary housing market ‘still playing catch-up’ despite record starts and completions
Calgary's housing market is experiencing significant growth, with a 38% increase in housing starts in the first half of 2024 compared to the previous year,…
Mid-Q3 Inventory up, Sales Down in Calgary | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
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…
Calgary Housing Market in Rest of 2024: Prices to Rise 3% | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
Property prices in Calgary are expected to increase by 3% through the remainder of 2024. Calgary is a seller’s market, which is expected to persist…
Calgary Homes Show Excellent Growth in Value/Sq Ft | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
Steady Value Increase: Since 2018, Calgary’s single-family homes rose 38% in price per square foot, condos 27%.Affordable Market: Calgary remains more affordable than cities like…
Calgary real estate board says September home sales fell amid surge of listings for higher-priced properties
Calgary home sales in September fell 17.6% from last year's record, totaling 2,003, yet remained 16% above long-term trends. The benchmark price for all home…
Calgary: Inventory Boost and Eased Sales in Mid-Q3 | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team
Mid-Q3 saw higher inventory levels, with more listings and easing sales across Calgary's market. Despite easing conditions, benchmark home prices remain higher yearly, showing stable…
Most non-homeowners in Calgary say owning is not realistic: poll
A recent poll reveals that 74% of Calgarians who are not homeowners believe owning a home in the city is unattainable. Renters face rising rental…
Minimum income needed to afford rent in Calgary is “out of control”
A recent report indicates that the wages required to afford one- or two-bedroom apartments in Calgary far exceed the city's minimum wage. To rent a…