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7Oct
  • By: Jerry Moras
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Condo Renovation Do’s and Don’ts | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility…

3Oct
  • By: Jerry Moras
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Detached Home Prices Soar in Cities Near Calgary | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Detached home prices in Okotoks have surged to ~$705K, nearing Calgary's high prices. Benchmark prices for all properties in Okotoks have risen to ~$623K, surpassing…

2Oct
  • By: Jerry Moras
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Signs of Slowdown: Calgary Sales Drop 19.5% | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary housing market saw a 19.5% drop yearly in sales in Mid-Q3, signalling a slowdown.New listings fell slightly, increasing the months of supply to 2.05,…

30Sep
  • By: Jerry Moras
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National Day for Truth and Reconciliation | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities….

29Sep
  • By: Jerry Moras
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First-Time Home Buyer’s Guide: 10 Steps For Buying Your First Home

Buying your first home requires careful preparation, especially with high housing prices in Canada. A down payment typically ranges from 5% to 20% of the…

28Sep
  • By: Jerry Moras
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Calgary revives office conversion program with $52.5 million in new funding

Calgary is reviving its office-to-residential conversion program with a new commitment of $52.5 million, following the allocation of its previous $153-million budget. The initiative aims…

27Sep
  • By: Jerry Moras
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Own your future: Your step-by-step guide to homeownership

Many Canadians find the home buying process stressful and frustrating. To start, save for a down payment and other expenses like taxes and fees. Determine…

26Sep
  • By: Jerry Moras
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Land Release in Calgary, Edmonton for New Housing | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Federal land in Calgary's Currie Barracks and Edmonton's Village of Griesbach opened for development.Calgary's project includes 99 units, with 30% at 80% of median market…

25Sep
  • By: Jerry Moras
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Calgary Home Sales Plummet 20% in Mid-Q3 | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary home sales in Mid-Q3 dropped nearly 20% from last year's record highs. The benchmark price for all home types was ~$602K, up 6.3% from…

23Sep
  • By: Jerry Moras
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Calgary CRE: Surprisingly Strong Investment Surge! | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary experienced 356 transactions totaling $1.85 billion, with multifamily and commercial condos driving investment. The first half of 2024 saw a 93% increase in multiresidential…

20Sep
  • By: Jerry Moras
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3 downtown Calgary buildings to be knocked down make room for affordable housing

Calgary is set to demolish three vacant downtown buildings to create affordable housing. The properties, located on Fourth Avenue S.W., have been boarded up for…

19Sep
  • By: Jerry Moras
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Western Canada Shines in Home Price Gains: Calgary Outperforms | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary’s benchmark for single-family detached homes grew 8.3% year-to-date, reaching $690,900.This price increase places Calgary sixth among Canadian cities for growth in benchmark pricing.

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