Calgary Housing Market
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Price of Calgary townhomes growing fastest in Canada: reportAccording to a report from Zoocasa, the average price of a townhome in Calgary grew 17 per cent over last year to $458,100, which is faster than anywhere else in Canada.CanadaMay 6
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Proposed Renter’s Bill of Rights a good first step, but not enough for Alberta: advocatePrime Minister Justin Trudeau announced three new proposed reforms in the 2024 budget that aim to protect Canadian renters.EconomyApr 15
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Calgary home sales up almost 23 per cent in February, prices risingThe Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose.EconomyMar 1
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Calgary sees record housing development in 2023, but demand is outstripping supplyThe City of Calgary estimates 65 people are moving to the city every day, and that demand continues to put pressure on the city's housing and rental markets.EconomyFeb 16
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Trudeau, Smith weigh in on what’s next for Calgary’s newly-approved housing strategyThe City of Calgary said work is underway on provisions in the strategy that don't require budget funding or further council approval.CanadaSep 18, 2023
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Calgary city council approves strategy to address housing affordabilityCalgary's housing strategy was approved late Saturday after three days of public feedback and debate, with updated actions and one contentious item remaining in the plan.CanadaSep 17, 2023
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Zoning dominates discussion on second day of Calgary’s housing strategy hearingIf Calgary's proposed housing strategy is approved by committee, it will move to a special meeting of city council on Saturday afternoon for a final debate and decision.CanadaSep 15, 2023
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Harsh rental housing market continues to hit Calgarians hard, driving some out of cityCalgary's rental market continues to be red hot driving some frustrated renters to look for a place in other parts of the province.EconomyAug 1, 2023
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Calgary home sales continue to soar despite higher interest ratesDespite rising interest rates, Calgary homes sales continue to soar, leading to multiple offers and bidding wars on available homes.EconomyJul 25, 2023
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Interest rate hike expected to impact Calgary homeowners and homebuyersThe 0.25 per cent increase to the interest rate from the Bank of Canada represents the equivalent to an extra $15 per month per $100,000 borrowed.EconomyJul 12, 2023
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