Calgary Real Estate Blogs for buyers. If you're thinking about buying a home in Calgary, this real estate buyer blog list will help you navigate buying your home and provide the best steps and information to help you explore the best experience in the Calgary real estate market. 

February 2024 Calgary Real Estate Statistics Recap

Explore the dynamic shifts in Calgary's real estate landscape with our latest blog dissecting the February 2024 statistics. Sales surged to 2,135 units, a significant 23% increase over last year, fueled by a peak in new listings at February 2024 statistics 2,711 units. Notably, homes under $500,000 faced a 31% drop in inventory, while higher-priced homes saw increased supply, hinting at balanced conditions in the upper end market.

Ann-Marie Lurie, Chief Economist at CREB®, notes that while the influx of listings expands buyer options, it does little to alleviate supply challenges, driving prices upward. With a tight inventory of just over one month's supply, the market continues its upward trajectory,…

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January 2024 Calgary Real Estate Statistics Recap

Discover the dynamic shifts unfolding in Calgary's real estate realm in our latest blog, which unpacks the January 2024 statistics. With sales soaring to 1,650 units, eclipsing last year's figures and long-term patterns, fueled by a surge in new listings peaking at 2,137 units. Notably, there's a notable uptick in listings for homes priced above $300,000, particularly those exceeding $700,000. However, despite this surge, Calgary's housing inventory remains scarce at 2,150 units, nearly 49 percent below the historical average, maintaining a tight market scenario.

As observed by Ann-Marie Lurie, Chief Economist at CREB®, the influx of listings expands options for buyers but does…

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December 2023 Calgary Real Estate Statistics Recap

Explore the dynamic shifts in Calgary's real estate landscape in our latest blog, delving into the December stats for 2023. Despite a slight easing in sales compared to last year's peak, the market remained robust with 27,416 transactions—significantly exceeding long-term trends and pre-pandemic activity. Notably, a pronounced trend emerged towards more affordable apartment-style condominiums.

According to CREB® Chief Economist Ann-Marie Lurie, higher lending rates impacted housing demand, yet the city experienced resilient activity, driven by strong migration levels, particularly in the affordable housing segment. Throughout the year, low supply levels in comparison to demand,…

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The Ultimate Guide to Post Tension Cables & Why They Are Used

Post-tension cables can be an integral component of construction, offering enhanced strength, flexibility, and sustainability in the design and execution of structural systems. Known for theirpost tension cable guide in calgary capacity to support large spans and heavy loads, these cables are commonly used in structures such as high-rise buildings, bridges, and parking structures. 

Post-tensioning technology revolves around the concept of actively reinforcing concrete, enhancing its inherent compressive strength and compensating for its lack of tensile strength. This reinforcement process involves tensioning steel cables within a concrete element and anchoring them after the concrete has cured, thereby compressing the…

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Are you considering a real estate investment in Calgary? Before you purchase a condo, it’s crucial to explore the liabilities that come with your purchase and why they may not align with your investment goals.

 

Buying a condo in Calgary may seem like a lucrative investment, but weighing the associated liabilities and recognizing your potential risk is important.Should you purchase a condominium in Calgary Whether you’re contemplating a move into an apartment or considering it as an investment property, assessing how these liabilities could result in increased long-term costs is important. 

Investing in Calgary apartments poses challenges due to poor construction, financial planning, and special assessment that could lead to potential losses and higher maintenance costs in the…

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Looking to purchase your first property, but the market & payments are getting away from you? Consider a new build!

Buying your first home can be an overwhelming experience, especially in the wild Alberta market. Clients that didn't get in last year, but are still in the market for a new home, are looking at higher required down payments and higher monthly payments after closing. New builds are becoming a more viable option for young Canadians looking to purchase their first home. Purchasing a new build may allow clients to avoid competing offer situations, and it allows them to take   advantage of the maximum shared equity loan available via the Government of Canada's First Time Home Buyer Program. 

The First-Time Home Buyers Incentive program…

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Mold is a type of fungus that thrives in damp and humid environments. It can grow on surfaces such as walls, ceilings, and floors, as well as in the air.

If left unchecked, mold can cause respiratory problems and allergies, as well as damage to your home. Therefore, it's important to test for mold regularly.

Based on our experience, here's how to do it:

Look for Visible Signs of Mold

The easiest way to determine if you have a mold problem in your home is to look for visible signs of mold growth. Mold can appear in different colors such as black, green, white, or brown. It usually appears as a fuzzy or slimy patch on surfaces, especially in areas with high humidity or moisture such as bathrooms, kitchens, and basements.

If you see mold growing…

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February 2023 Calgary Real Estate Statistics Recap

Are you ready for some interesting Calgary real estate statistics?! We've got the inside scoop on what's happening in the market in February 2023, and you won't want to miss it! Whether you're a seasoned buyer or a first-time seller, these stats are a must-read for anyone interested in the Calgary real estate scene.

So, what's the current state of the Calgary real estate market? Are home prices skyrocketing, or are they more affordable than ever? How many new listings are hitting the market, and is now a good time to buy or sell? We've got all the answers and more, so buckle up and get ready for a wild ride through the Calgary real estate market.

From stunning homes in the heart…

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January 2023 Calgary Real Estate Statistics Recap

If you're looking for a complete statistics package for your local market, contact us and let us know what you need. We have regional stats (Calgary, Airdrie, Cochrane, Okotoks, Chestermere, etc)  as well as the various zones in the city, and individual community stats. We can also set you up with our monthly market reports to keep you in the loop on the latest listings and sales in your community. 

Latest Combined Calgary Real Estate Statistics: January 2023

  • Benchmark Price $520,900
  • Inventory 2,451
  • Sales to New Listings Ratio 65%
  • Months of Inventory/Supply  2.4 Months of supply (Up 56% Y/Y)

Year to Date Calgary Real Estate Statistics: January 2023

  • Benchmark Price $520,900

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Does the foreign buyer ban affect Calgary? 

This week, the Canadian government announced a new policy to ban foreign homebuyers from buying property in Canada. The new law comes after years of speculation and debate over whether this ban was necessary or beneficial to Canadians. This ban does apply to property purchased in Calgary. 

This ban took effect on January 1 of this year and will last until 2025. This policy change comes after studying how foreign buyers and investors have affected Canada's housing market. This move is meant to ensure that Canadian homebuyers have access to affordable houses by bringing down the demand for Canadian properties. This policy is a step towards protecting local homebuyers and helping stabilize the Canadian…

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