Buying your first home is a thrilling milestone, but it can be overwhelming to navigate the variety of neighborhoods available in Calgary. Each area has its own unique charm and amenities that make it suitable for different lifestyles. If you’re a first-time homebuyer looking to plant roots in Calg

The Calgary real estate market has continuously been a focal point for investors, homeowners, and market analysts alike. As we step into August 2024, it's an opportune moment to take a deep dive into the current state of the market, exploring trends, opportunities, and potential future directions.

Great Depression. Millions of people lost their homes, and the global economy was sent into a tailspin. The housing market collapse of 2008 was caused by a number of factors, including subprime mortgages, predatory lending practices, and securitization by lenders. The housing market collapse of 200

If you’re thinking about buying or selling a house right now and wondering about the real estate housing market, you’re not alone. The housing market has seen a lot of unusual trends in the past couple of years, so it makes sense you’d want the latest market update before you decide to buy or sell.

The Canadian real estate market is going through tough times. A recent study by CIBC shows that investment in the market has gone down significantly. The situation is particularly troubling in the Greater Toronto condo market, where most buyers are investors. The condo resale market in Toronto is

    Airdrie is selling a lot of homes, doing better than places like Cochrane and Okotoks, according to the Calgary Real Estate Board (CREB). Airdrie saw a big increase of over 40 percent in sales. More homes are being listed in Airdrie, keeping the sales-to-listings ratio high and reducing the nu

The federal loan program that assisted first-time homebuyers with down payments in exchange for equity in the property was discontinued on March 21, 2024. The reason given was that it was deemed to have an insignificant impact on addressing housing challenges. The program aimed to support first-ti

Are you still contemplating whether to make the leap and purchase the house? The most recent Calgary market statistics paint a compelling picture: a property that was priced in the mid 500K range back in January has now surged to well over 600K in just half a year. This swift escalation shows that

In Banff National Park, a bustling tourist town in Alberta, a significant step was taken to address the pressing affordable housing issue. Housing Minister Sean Fraser visited Banff, just west of Calgary, to unveil a $4.6-million agreement with the local government. This agreement is part of a bro

The era where Alberta was losing residents to other provinces seems to be over, at least for now. However, it's not just people relocating to Alberta; a significant number are transferring their finances as well. Recently, Calgary has experienced a surge in out-of-province homebuyers purchasing in

Calgary's housing market stands out due to its unique dynamics compared to other major Canadian cities like Vancouver and Toronto where prices are declining. These elements contribute to this disparity: Supply and Demand Imbalance: - Limited Supply: Calgary has lower active listings than other ci

You can ease the financial pain of a costly move by deducting those expenses from your employment, self-employment or school award earnings. Millions of Canadian households move every year. Many of them are failing to take advantage of lucrative tax deductions courtesy of the Canada Revenue Agency

𝘋𝘦𝘤𝘪𝘥𝘪𝘯𝘨 𝘸𝘩𝘦𝘵𝘩𝘦𝘳 𝘵𝘰 𝘱𝘶𝘳𝘤𝘩𝘢𝘴𝘦 𝘢 𝘩𝘰𝘮𝘦 𝘯𝘰𝘸 𝘰𝘳 𝘥𝘦𝘭𝘢𝘺 𝘵𝘩𝘦 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯 𝘪𝘴 𝘢 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘤𝘩𝘰𝘪𝘤𝘦. 𝘐𝘧 𝘺𝘰𝘶'𝘳𝘦 𝘦𝘢𝘨𝘦𝘳 𝘵𝘰 𝘣𝘦𝘤𝘰𝘮𝘦 𝘢 𝘩𝘰𝘮𝘦𝘰𝘸𝘯𝘦𝘳, 𝘮𝘦𝘦𝘵 𝘵𝘩𝘦 𝘮𝘦𝘯𝘵𝘪𝘰𝘯𝘦𝘥 𝘤𝘳𝘪𝘵𝘦𝘳𝘪𝘢, 𝘢𝘯𝘥 𝘢𝘳𝘦 𝘧𝘪𝘯𝘢𝘯?

The dream of owning a home, which has long symbolized reaching a comfortable position in the Canadian middle class, is diminishing. This decline is not limited to major cities known for their high real estate prices like Toronto and Vancouver but is spreading to smaller towns and communities acros

Impending changes to the taxation of capital gains are causing "anxiety" in Canada's cottage country, according to some real estate experts, as property owners worry about whether they should sell before the new proposals from the 2024 federal budget take effect this summer. The 2024 budget, table

Calgary home sales remain strong despite supply shortages in lower price ranges. Although inventories improved this month, conditions still favor sellers with just one month of supply. Several districts continue to report less than one month of supply, while the City Centre recorded the highest su

Real estate signage is seen on a house for sale in Kanata, Ontario on Monday, April 17, 2023. THE CANADIAN PRESS IMAGES/Lars Hagberg A B.C. resident has been ordered to pay over $600,000 after committing fraud through a real estate scheme The B.C. Securities Commission (BCSC) has ordered Che

Reginald Wayne Kehler's registration cancelled for professional misconduct, conduct unbecoming a registrant The house was listed for sale in May 2020 but after a failed deal, a sale closed in January 2021. (Robson Fletcher/CBC) A Winnipeg man's registration as a real estate salesman has been cance

Large chunk of housing demand in Canada comes from investors A for sale sign is seen outside a home in Toronto’s east end on Oct. 11, 2023. Paul Kershaw, a B.C.-based affordability advocate, says high house prices are partly due to the assumption that homes are our greatest financial asset. (Evan

Kelly Byers said the year she became a realtor was the year she “became super involved in the community.” Woodstock's Kelly Byers is the winner of the 2024 Canadian Realtors Care Award given out by the Canadian Real Estate Association. Byers, who was diagnosed with leukemia in June 2023, was chosen