Sales of row, apartment-style, and semi-detached homes increased in December compared to the previous year in Calgary. However, single-family detached homes saw a decrease in…
The Calgary office market ended the year with a cumulative 677K sq ft of positive net absorption. There was a total of 27.9% vacancy in…
Calgary's downtown office vacancy rate has decreased to 30.2% from last year, with 677,000 sq ft of space taken off the market. The improvement is…
Condo owners in Calgary will likely see the largest increase in their property tax bills for 2024 due to ↑ 17% rise in assessed values…
Calgary is set to benefit from its initiative to convert vacant office buildings into residences. The first project, The Cornerstone, is almost complete and will…
Calgary experienced a $700 ↑ in the annual salary needed for a 20% down payment on an avg-priced home. The city also experienced a $660…
Spec House Definition: A spec house is built by a builder without a specific buyer. Pros of Spec Houses: Ready to move in, lower cost…
Late-Q4 saw ↑ 13.8% yearly to ~1,400 in home sales.The city witnessed ↑ 21% yearly to 1,200 in newly released units.
Calgary prioritizes new housing strategies in response to a housing crisis affecting 84K households. The strategy involves loosening zoning restrictions and allocating municipal land for…
Calgary faces increasing rental challenges due to low supply and high migration, with vacancy expected to hit a record low of 1.2% by 2025.~5K rental…
Calgary's housing market in 2023 saw low inventory and rising prices, with a benchmark price of $570K in December.Affordable housing struggled with ↓ 44% in…
The prevalence of short-term rentals in central Calgary challenges the city's climate strategy and housing objectives. Calgary's climate strategy aims to increase residents in walkable…