It seems like light-years ago since ‘location-location’ was the driver of real estate. Today, Calgary real estate is impacted by variables like benchmark prices, affordability, mortgage rates, listings and inventory,
Following years of high vacancy rates and shifting market dynamics, the commercial real estate market in downtown Calgary is showing new signs of life. At the same time, the turnaround
A massive new industrial park east of Calgary announced earlier this year by the City of Calgary and Rocky View County couldn’t come soon enough, say experts. The Prairie Economic
Calgary’s 2025 residential real estate market is already showing signs of changes. Prices. The consumer impact of lowered mortgage rates. Listings-to-sales ratios which are nudging toward a much-awaited balanced market.
Calgary housing starts are strong and, for various reasons including consumer demand, Calgary’s multifamily housing is hot. According to BILD Calgary Region, the recent CMHC Housing Starts and Completions report
It’s been quite a year for Calgary real estate. Four Bank of Canada cuts. Buyer demand still outweighing listing supply. Benchmark prices. Creeping affordability issues. Inflation and shaky consumer confidence.
Calgary Realtors, mortgage brokers, real estate number-crunchers, and (most importantly) potential buyers and sellers can’t agree! Is Calgary’s hot real estate market strategy, or just simple math? With logic and
Into the final quarter of the year, and despite still dealing with the impact of speedbumps like prices and affordability, low inventories, slightly dropping but still discouraging mortgage rates and
Into the second half of 2024, migration continues to impact Calgary real estate and rentals, while affordability and availability continue to be market speedbumps. “Calgary is still a seller’s market,”
The transformation of Calgary business continues, and it is exciting. Although precise dates and details are vague, likely since the 2014 collapse of commodity prices abruptly ended Alberta’s decade- long
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