Calgary Real Estate Tips for Buyers & Investors (2025)

Get practical advice for buying or investing in Calgary homes, including:

✓ Current prices in Aspen Woods, Brentwood & NW Calgary
✓ How the CMHC MLI Select program works
✓ First-time buyer mistakes to avoid

Updated: January 25, 2025 | Data sources: CREB®, CMHC

Ottawa releases land in Calgary, Edmonton for new housing

Ottawa is taking proposals from developers to build new housing on Crown-owned land in Calgary and Edmonton, part of the Liberal government’s newly unveiled approach to build homes as it battles a housing crisis across the country. Speaking from Calgary’s Currie Barracks neighbourhood Wednesday morn

SRA Awards Committee Nomination Form

Please enable JavaScript in your browser to complete this form.Name *FirstLastPhone NumberEmail *Regional RepresentationRegina RegionSaskatchewan RegionSaskatoon RegionI have been a member of the SRA (or previous association) sincePlease list any previous board and/or committee experience. The exper

The big move: From inner city to a new urbanist community

Naomi Bell and Stephen James never envisioned living in the suburbs. “For us it has never really been about the physical dwelling; it’s always been about the location — the walkability, the proximity to coffee shops and restaurants, if we can walk to work and how long it takes us to get there. We’ve

MARKET WATCH >> JULY 2024

STRONG SALES CONTINUE IN JULY DESPITE ONGOING INVENTORY PRESSURESAugust 7, 2024For immediate release: Saskatchewan reported 1,667 sales in July, a seven per cent year-over-year gain and over 20 per cent above long-term, 10-year averages. The thirteenth consecutive month of above-average sales in the

Are Airbnb rentals eating up Calgary's housing market? No, says StatCan report

Short-term rentals such as Airbnb make up just a fraction of Calgary’s housing market, new data shows — and that number could be even lower than reported, says one expert. New Statistics Canada data on short-term rentals comes as regions across North America grapple with how they should approach the

Critically acclaimed Montreal House comes to market at $10 million

Tucked away on a quiet street in the exclusive community of Mount Royal, a visually stunning and architecturally significant home has hit the market for an astonishing $10 million. Named Montreal House for its location on Montreal Avenue, the 4,052-square-foot, five-bedroom home has garnered plenty

STATE OF REAL ESTATE >> KEYNOTE SPEAKER ANNOUNCEMENT & EXCLUSIVE PROMO CODE

Exciting news! After headlining major events in Los Angeles, Las Vegas, and Miami, the SHIFT movement is coming to Saskatoon!We’re thrilled to announce Kathleen Black as the headlining keynote speaker at State of Real Estate 2024, proudly presented by Conexus Credit Union!Kathleen is a globally-reco

MARKET WATCH >> JUNE 2024

PRICE GROWTH CONTINUES AS NUMEROUS COMMUNITIES REPORT RECORD BENCHMARK PRICES IN JUNEJuly 4, 2024For immediate release: Saskatchewan reported 1,675 sales in June, a one percent year-over-year decrease but nearly 10 percent above long-term, 10-year averages. Sales levels improved in properties priced

Dream home or one-bedroom condo? What will $700,000 buy you in housing markets across Canada

Home prices in Calgary have been rising, making it harder and harder to obtain the dream of homeownership. The average sale price for a home in Calgary in April was $499,505, while the average price in Canada was much higher, at $703,446 according to the latest Canadian Housing Market report. We to

'It’s depressing being a 40-year-old stuck at home': Why the dream of homeownership is fading for many Calgarians

By 2021, Ryan Fehr had grown tired of renting. Fehr, 40 and a single dad, had just broken up with his girlfriend. He found there was no limit on how much landlords could raise the rent in Calgary, and he yearned to put down some roots in a house, especially for his then-two-year-old son, whom he had

Saskatoon & Region Home Builders’ Association Welcomes Andrew Wagner as New Chair

SASKATOON, SK (APR 23, 2024) — The Saskatoon & Region Home Builders’ Association (SRHBA) is excited to welcome Andrew Wagner, Founder and Director of Construction at Maison Design+Build, as the new chair of the Board of Directors. Wagner was elected at the SRHBA Annual General Meeting and will be se

SRHBA Applauds the New Federal Housing Plan Aimed at Addressing Housing Affordability and Supply

SASKATOON, SK (APR 16, 2024) — The Saskatoon & Region Home Builders’ Association (SRHBA) applauds today’s federal budget announcement for introducing the comprehensive Federal Housing Plan. This plan aims to tackle the longstanding challenges of housing affordability and supply—a critical focus of a

Unlocking the Door to Home Ownership: Announcement of 30-year Amortization Periods on New Construction Homes

SASKATOON, SK (APR 11, 2024) – Today the federal government announced 30-year amortization periods for insured mortgages that will be available for first-time buyers on new construction homes. As most of you know, this was a top ask at CHBA’s Day on the Hill this past fall, in which SRHBA Board Chai

Get Inspired at the 2024 HomeStyles Home Show

SASKATOON, SK (MAR 14, 2024) – The highly anticipated HomeStyles Home Show is back again this year, promising homeowners and home enthusiasts an immersive experience into the world of home improvement, décor, and innovation. This annual event, presented by the Saskatoon & Region Home Builders’ Assoc

Apartment rents are so high in Calgary, they're approaching Toronto numbers: CMHC

Renting a home in Calgary will likely become less available and more expensive over the next two years, Canada’s housing agency predicts. The projections come amid precipitous rent increases over the past two years that could see Calgary’s average rates approach Toronto’s current average rent by 202

2024 CHBA National Awards for Housing Excellence Finalists

SASKATOON, SK (MAR 14, 2024) – Out of 900 total entries over 48 categories, the Saskatoon & Region Home Builders’ Association is thrilled to see that eight of our members have been selected as finalists in several categories for the 2024 CHBA National Awards for Housing Excellence. This prestigious

Canmore recreational property prices increasing with little end in sight: real estate broker

While Canmore’s recreational real estate market has come down from its pandemic-induced buying frenzy, prices are expected to increase steadily over the coming years, a local real estate broker says. Single-family home prices in Canmore nudged upwards in 2023 to $1.56 million — a four per cent incre

'Made no sense': First-Time Home Buyer Incentive scrapped — and experts say good riddance

The discontinuation of a federal loan that helped cover the down payment on the purchase of a first home in exchange for equity in the property will have little effect on Calgarians, say mortgage brokers. The Canada Mortgage and Housing Corp. announced Friday the cancellation of the First-Time Home

Saskatoon & Region Home Builders’ Association Applaud City of Saskatoon’s $41.3 Million Housing Accelerator Fund Approval

SASKATOON, SK (FEB 28, 2024) — The Saskatoon & Region Home Builders’ Association (SRHBA) congratulates the City of Saskatoon on their successful approval of the Housing Accelerator Fund (HAF), which is part of a $4 billion-dollar federal initiative administered through CMHC to incentivize more marke

As Calgary's housing prices climb, what does $1 million buy you in 2024?

Million-dollar homes in Calgary aren’t the symbols of luxury they used to be, a new report says — though homebuyers with that budget are still getting more bang for their buck than in other Canadian cities. It’s a show of Calgary’s decreasing but still-relative affordability compared to cities like

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