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How The City Of Calgary’s New Housing Land Fund Will Work
The City of Calgary is introducing a Housing Land Fund to acquire land for affordable housing development. The fund aims to free up surplus city-owned…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Capital Gains Inclusion Rate Increase
Increase for high earners: After June 25, 2024, capital gains tax increases for profits exceeding $250,000.The $250,000 threshold applies to individuals, including gains through partnerships…
Check out this open house Listing Address: 4001 48 Avenue
$300 K reduced on 21/4/2024 for quick sale ; Openhouse 26/4/2024 after 2 pm 6 pm and 27/4/2024 from 10 am to 2 pm; This…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Shines: Prices Hit $557,500
Calgary's 2024 Market Basket Measure stands at $55,771, reflecting its status as a city with one of the highest living standards.Benchmark home prices hit $557,500,…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Charting Calgary’s 2024 Housing Horizon
Calgary's Real Estate market is stabilizing, showing resilience despite economic fluctuations.Total sales have seen a modest increase yearly, indicating sustained interest in Calgary's housing market.
New Listing: 5, 156 Rockyledge View NW
Open house :- Sat 20th 11:00 AM to 2 PM. Furnace 2024. This townhouse in Rocky Ridge sounds absolutely stunning! The mountain views must be…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary’s Proposed Rezoning Plan ‘Not the Right Solution’
Calgary Real Estate Board warns against a proposed city plan to rezone residential areas for higher-density development.In January, the City of Calgary introduced a proposal…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Million-Dollar Properties in Calgary
$1M in Calgary buys 3.1 bedrooms, 2.8 bathrooms, and 2,179 sq. ft. At $2M, homes typically feature 3.2 bedrooms, 3.4 bathrooms, over 3,176 sq. ft.
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Canada to Allow 30-Year Mortgages for First-Time Homebuyers
Monthly payments become more manageable for young Canadians aiming for homeownership. Some advocate for broader eligibility, expressing concerns about effectiveness in high-priced markets.The industry expects…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary’s Semi-Detached Homes Gained Popularity in Early-Q1
Calgary buyers are increasingly considering semi-detached homes due to rising prices of detached homes. In Early-Q1, the benchmark price for a single-family detached home was…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Homebuyers Required Lower Income in Early-Q1
Early-Q1 2024 avg home price: $557,500 – Stress test rate: 7.71% – Mortgage rate: 5.71%
Calgary housing market more competitive due to increased migration, low inventory
Calgary's resale housing market is expected to be busy in the upcoming spring and summer, with low inventory and high demand driving prices up. Sellers…