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4Apr
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Can Edmonton and Calgary Pass Single-Use Item Bylaws?

Alberta Premier tasks Municipal Affairs minister to investigate municipal jurisdiction over single-use item bylaws in Edmonton and Calgary. Calgary recently passed a bylaw mandating businesses…

3Apr
  • By: Jerry Moras
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Calgary property tax increase higher than expected

Calgarians will face a higher property tax rate than expected, with residential properties seeing an 8.6% increase and non-residential properties a 3.1% increase. The provincial…

1Apr
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary’s Real Estate Market Saw Strong Sales in Early Q1

January marked a significant uptick in Calgary's housing market, with 1,650 homes sold, ↑ 37.7% yearly. The rise is attributed to increased listings, notably in…

31Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Happy April Fool’s Day

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting…

31Mar
  • By: Jerry Moras
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New Listing: 56 Cornerstone Avenue NE

This is a prime opportunity for first-time home buyers and investors to explore a remarkable property in the beautiful community of Cornerstone. Property Highlights: Legal…

30Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Happy Easter

Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival…

28Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary in 2024: Seller’s Advantage Continues

CREB forecasts nearly 28K residential sales, with continued seller's market conditions. Rental demand expected to stay high due to population growth, influencing housing market dynamics…

27Mar
  • By: Jerry Moras
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Here’s how much it costs to rent in Calgary and Edmonton right now

Rental platform liv.rent has released a study on the most and least expensive places to live in Calgary and Edmonton. In Calgary, the average rent…

25Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Housing Market: Tightening Trends

Calgary's housing market to stay tight in 2024 despite migration slowdown, predicts CREB. Net migration exceeds 30,000 per quarter, reaching record high in third quarter…

21Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Considers Tax Relief

Council eyes reducing the approved 7.8% property tax increase. Proposed $23M savings would lower it to 5.8%.

18Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary’s Housing Challenge: Rising Costs

Calgary's home affordability challenge: Income needed rose to $120,450 in December 2023. A significant increase: Started 2023 at $105,680, marking a $14,770 jump. Home prices…

14Mar
  • By: Jerry Moras
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Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Early-Q1 Median Rent for Houses and Condos in Calgary

The median rent for 1-bed houses: $1,475, ↑ 9% MoM, and ↑ 9% yearly The median rent for 2-bed houses: $2,065, ↓ 14% MoM, and…

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