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Calgary sees another home sales gain in November as prices jump nearly 11%
Calgary saw an 8.8% increase in home sales in November compared to the same month last year. New listings rose by nearly 40%, but inventory…
Where to Live in Calgary? Deciding between Downtown Calgary and the Calgary Suburbs
Calgary offers both downtown and suburban living options. Downtown living provides a vibrant, fast-paced lifestyle with cultural richness, but can be expensive and noisy. Suburban…
Income required to buy a house in Calgary jumps again
Calgary was the only major Canadian city to see an increase in the income needed to buy a home between October and November 2023. The…
Calgary council passes 2024 budget adjustments, residential property taxes to jump 7.8 per cent
Calgary councillors have approved a budget that includes a 7.8% increase in residential property taxes for 2024. The move aims to address transit and safety…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary Housing Prices Soar in 2024
House and condo prices in Calgary are expected to ↑ 8% in the new year. -Detached single-family prices ↑ 6% to ~$800K -Condo prices ↑…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Average Cost of a House in Calgary Is More Than Median Income
A recent report reveals that the avg cost of a house in Calgary is 43% higher than the avg household income. Data from MLS indicates…
You’ll need around $16,000 more than the average household income to qualify for a mortgage in Calgary
The income required to qualify for a mortgage in Calgary has increased significantly compared to last year. According to the Canadian Real Estate Association, an…
Slight fixed-rate drop a boost to Calgary homebuyers
Calgary's housing market remains strong, with home sales increasing by 17% compared to last year. Average prices are also rising rapidly, driven by a drop…
Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team | Calgary’s Construction Surge: Housing Solutions
Residential construction values in Calgary increased in Q3 2023, driven by multi-residential buildings and secondary suites.Calgary's housing strategy, "Home is Here," aims to address the…