Calgary Real Estate Tips for Buyers & Investors (2025)
HomeSpace Society selected for transitional housing projects near CTrain stations
The City of Calgary has selected HomeSpace Society to develop transitional housing on two city-owned properties. The Calgary-based non-profit housing developer and operator was selected after the city put out an expression of interest for agencies to bid on the projects earlier this winter. The land
Saskatoon & Region Home Buildersâ Association Announce Top Achievements at the Housing Excellence Awards Gala
SASKATOON, SK (FEB 11, 2024) â The Saskatoon & Region Home Buildersâ Association proudly announced the winners of the 32nd Annual Housing Excellence Awards at a sold-out gala event on Saturday, February 10, 2024, at Prairieland Park in Saskatoon. Celebrating the pinnacle of achievement in the housin
Average rent for two-bedroom apartment hits nearly $1,700 as Calgary's vacancy rate plummets
Calgary rents soared last year at the fastest pace in nearly two decades, while the vacancy rate hit lows not seen since 2014, according to Canada Mortgage and Housing Corp.âs (CMHC) annual rental market report. Those conditions were driven by the provinceâs major population gains , says the report
Calgary home prices to rise 6.5% in a sellerâs market: CREB 2024 forecast
Sellers in Calgary will likely remain in the driverâs seat for 2024 despite loosening conditions in the cityâs housing market, the local real estate board says. Calgaryâs real estate market is struggling to keep up with demand despite hitting new highs for housing starts, according to Calgary Real E
Calgary rent rose 'astronomically' over the past two years, and there's no end in sight
While Canadaâs rental market cooled last year, it was a different story in Calgary where rent costs continued to climb amid record migration and a worsening housing crunch. Calgary posted some of the largest year-over-year rent increases in the national rent rankings, according to the latest report
Canmore residents seek environmental assessment for contentious Three Sisters development
Canmore residents are continuing to push back on a proposed development that could double the townâs population by requesting Alberta conduct a new environmental assessment on the plan. Lawyers representing Bow Valley Engage (BVE), a local residentsâ group, sent a 15-page letter to Alberta Environme
Calgary condo owners will see biggest property tax increases in 2024
Calgary condo owners will likely see the most significant hike on their property tax bill in 2024, after their property values rose more than other housing types last year. The city mailed out more than 580,000 property assessment notices on Wednesday, and the documents are expected to land in Calga
Calgary's rising housing prices, low inventory likely to persist in 2024: CREB
Low inventory and rising prices became common refrains in Calgaryâs housing market last year â a trend the cityâs real estate board says will likely continue in 2024. The cityâs benchmark price landed at $570,100 in December, say new data from the Calgary Real Estate Board (CREB), to end a year in w
Saskatoon City Council Approves Bylaw Amendment to Remove Minimum Parking Requirements
SASKATOON, SK (DEC 21, 2023) â Yesterday at City Hall, City Council directed Administration to undertake the work to remove minimum parking requirements in Saskatoon. Known as Open Option parking, a developer, business or homeowner will be able to decide how much parking should be provided on a give
32nd Annual Housing Excellence Awards Finalists
SASKATOON, SK (DEC 15, 2023) â Itâs the moment you have all been waiting for â the announcement of the finalists for the 32nd Annual Housing Excellence Awards! This recognition is a testament to each companyâs commitment to innovation, quality, and excellence in the housing industry. In a world wher
Calgary house prices projected to climb 8% next year; median cost of detached home could top $800,000
Housing prices in Calgary are projected to climb the fastest among all major Canadian cities in 2024, with a hotter market projected if interest rates drop by mid-year, a new report says. Overall, the aggregate price of a home in Calgary is forecast to jump eight per cent year-over-year by the end o
City will lease two pieces of land for temporary, modular housing for vulnerable families
The city is leasing two parcels of municipal land to non-profit agencies to develop temporary, transitional housing for up to 240 of the cityâs most vulnerable families. At a housing conference Thursday, Mayor Jyoti Gondek announced the sites near the Whitehorn LRT station in the northeast and the F
Canmore recreational housing prices buck trend, average $1.7M for detached home
While most mountain towns in Canada are seeing decreases in average home prices, recreational housing prices in Canmore are continuing to surge. Even after one of the worst wildfire seasons on record, the median price of recreational single-detached homes in the mountain town increased 9.6 per cent
B.C. family builds dream home in Wedderburn
Although their move from British Columbia to Alberta was initially peppered with obstacles, Rose and Joshua Malamas are now settled into their new home and couldnât be happier. The couple, originally from Langley on the West Coast, had been considering a move to Alberta for a few years, spurred on b
Airbnb, short-term rentals under scrutiny in Calgary as public opinion consulted
Airbnb and short-term rentals in Calgary will be under the microscope for the next year as the city and the University of Calgary partner on a study of the industry. A public consultation is being launched to understand âissues and opportunitiesâ related to the short-term rental market, which will h
Quality of life, low housing costs drive record in-migration
Fuelled by an affordable cost of housing and a stellar lifestyle, in-migration into Alberta and, in particular, Calgary and area is reaching record highs. Recent Statistics Canada numbers show that in the first quarter of 2023, Albertaâs population experienced a net increase of 51,718 people; thatâs
BILD Alberta finalists unveiled for homes industry awards
Alberta builders and developers held their breath in anticipation as the Building Industry and Land Development (BILD) Alberta chapter announced the finalists in the 2023 BILD Alberta Awards recently. The winners will be unveiled at the awards ceremony gala Sept. 16 at the Fairmont Banff Springs, wh
Down payments getting further out of reach for first-time homebuyers in Calgary: report
Calgaryâs real estate market may continue to break records but the dream of home ownership is becoming harder to reach for many first-time homebuyers. A report Thursday by Royal LePage shows 69 per cent of first-time homebuyers are worried their down payment may not be enough to get the house they w
Rising rents in Alberta bring new tension to discussions on solutions
Alberta rents are on the rise, according to numbers released by the Canadian Rental Housing Index earlier this week. Based on the 2021 long-form census, the index found that Alberta has the third highest rents in Canada, after Ontario and British Columbia. It also has the highest proportion of senio
Residential high-rise slated for former Eau Claire YMCA site
The developer that purchased the former Eau Claire YMCA plans to build a high-rise residential building there, with a mixed use base. The parcel of land went before city councilâs public committee hearing on Tuesday for a land use amendment that would allow the site to be developed. The amendment wa
Hasan Sharif
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