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29Aug
  • By: Jerry Moras
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Calgary Market Moves Closer to Balanced Conditions | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Home sales ↓ 10% yearly, with 2,380 properties sold. Benchmark price $606,700, ↑ nearly 8% yearly, stable MoM.

28Aug
  • By: Jerry Moras
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Calgary Real Estate Is on Fire | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary outperforms other Canadian cities in Real Estate with rapid growth and better affordability. Home affordability in Calgary improved in early 2024, with lower mortgage…

27Aug
  • By: Jerry Moras
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A small win: Calgary slips out of top 10 priciest Canadian cities to rent in

Calgary has recently dropped to the 11th most expensive city for renting in Canada, with a one-bedroom rental price increase of just 1.7% since July…

26Aug
  • By: Jerry Moras
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Early-Q3 Calgary Housing: Boom or Bust? | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

In Alberta, demand remains strong, despite Calgary ↓ 13% yearly in sales. Calgary’s new listings ↓ 9% MoM, and ↓ 4% yearly.

22Aug
  • By: Jerry Moras
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Calgary’s Real Estate: Hotter Than Ever! | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary’s Real Estate market surged in 2024, fuelled by high immigration and inter-provincial migration. Top-tier home sales in Calgary ↑ 46% yearly, reaching 1,130 properties…

21Aug
  • By: Jerry Moras
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How Much Did Calgary’s Mortgage Income Increase? | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary has become one of Canada's hottest Real Estate markets, driving up the income needed to qualify for mortgages.The average-priced home in Calgary was ~$587K.

19Aug
  • By: Jerry Moras
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Calgary Rent Cools; But $1M Home Sales Heat Up | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary's housing market is seeing cooling rent increases but a surge in $1 million-plus home sales.Calgary's avg rents rose by 4% to nearly $2,100 in…

18Aug
  • By: Jerry Moras
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Check out my new listing Address: 105 NW Carringvue Calgary, Alberta T3P 0W2

Experience the pinnacle of luxury living in this meticulously designed 4-bedroom + Den, 3.5-bathroom, east-facing home, where every detail has been thoughtfully curated for an…

15Aug
  • By: Jerry Moras
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Calgary Launches $60M Affordable Housing Program | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary announces a $60 million Housing Capital Initiative (HCI) for affordable housing. Charities, non-profits, and Indigenous groups can apply for funding until Oct. 10.

14Aug
  • By: Jerry Moras
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Calgary Detached Home: Prices Jump Nearly 13% | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary's benchmark price for a detached home rose nearly 13% yearly to ~$760K.Only East Calgary has a detached home benchmark price below $550K, at ~$530K.

13Aug
  • By: Jerry Moras
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Q2 2024 Calgary and region housing market report

CREB® releases Q2 2024 Calgary housing market report showing rise in new listings, with sales slowing by three per cent. Home prices have increased by…

12Aug
  • By: Jerry Moras
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Calgary Rents: 7.3% Increase in Early-Q3 | Calgary Area Market update by Alberta Homes Team AKA Jerry Moras Team

Calgary remains a popular destination, increasing cost of living and rental rates. Renting a two-bedroom in Calgary has risen by 7.3% since July 2023.

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