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12May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Happy Mother’s Day

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in…

11May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Property Tax up 4% in Penhold for 2024

Penhold Council passed Bylaw 823/2024, establishing Penhold's 2024 Municipal Tax Rates. The Mayor praised efforts to maintain services with a minimal tax increase, below national…

11May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Trudeau’s Ambitious Housing Promise: Feasibility and Challenges

Prime Minister Trudeau aims to build ~4M new homes by 2031 to address housing affordability concerns in Canada. Critics question the feasibility of Trudeau's promise,…

11May
  • By: Jerry Moras
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Calgary rezoning debate: What does higher density do to housing value?

The northwest Calgary community of Capitol Hill is part of a self-guided walking tour showcasing changes in housing density. Concerns exist about the impact on…

11May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Considers Blanket Rezoning for Increased Housing Density

Calgary is proposing a large-scale rezoning plan to allow for higher density housing across most residential areas.This would permit duplexes, townhouses, and rowhouses in currently…

10May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Bank of Canada Divided on Timing of Interest Rate Cuts

The Bank of Canada's governing council is split on when to start lowering interest rates. While some members advocate waiting given robust economic performance and…

9May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Housing Market: Potential Shift Towards Normalcy

Calgary's housing market could normalize this month after years of being a seller's market. The market surge can be attributed to an influx of out-of-province…

8May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Demand for Lower-Priced Listings Driving up Calgary Prices, Sales

Calgary Real Estate prices continued to ↑ in April, driven by high demand for affordable properties and low supply.The benchmark price of a house reached…

6May
3May
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | In Calgary, You Can Buy a Condo With a Single Income

High borrowing costs and limited inventory pose challenges for solo buyers or those dependent on a single income. Condo apartments are positioned as the most…

2May
  • By: Jerry Moras
  • 0 Comments

Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | What’s Hot in Commercial Real Estate

AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.

29Apr
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Revival of Downtown Calgary: 2024 Outlook

Downtown Calgary is rebounding according to CBRE Canada Market Outlook 2024. The downtown vacancy rate is projected to decrease to 27.9% in 2024, ↓ from…

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