After a sluggish start to 2025, whispers of optimism are making their way through Canadian real estate markets and Calgary is no exception. According to a recent report by RBC and covered in an article by Uday Rana on Global News, housing activity is showing signs of life in several cities, including right here in […]
If you’ve been keeping an eye on the Calgary real estate market, you’ve likely noticed some shifts in recent months. May brought a bit of a curveball, but not necessarily a bad one. The big headlines point to a 17% drop in residential sales compared to May of last year, with apartment-style homes and row […]
The recently released May 2025 housing market report, From Rebound to Retrenchment: Canada’s Housing Market Braces for a Prolonged Slowdown by Allwyn Dsouza, presents a sobering national outlook. After a brief rebound earlier this year, Canada’s housing market is once again facing headwinds—declining home sales, affordability challenges, tighter credit conditions, and shifting consumer sentiment. While […]
Spring usually brings a sense of renewal and optimism in the real estate market, often kicking off what many in the industry call the “spring market surge.” But as we’ve seen across many parts of Canada — and yes, right here in Calgary — 2025’s market is more complex. It’s nuanced, it’s shifting, and it […]
On May 15, 2025, the Canadian Real Estate Association (CREA) released its April housing market report, and for the first time in months, national home sales didn’t decline. While activity remained flat at -0.1% month-over-month, this marks a shift from the cooling trend seen since the start of the year. But what does this mean […]
The most recent National Rent Report from Rentals.ca and Urbanation reveals some striking numbers for Calgary: average asking rents in the city have dropped by 8.9% year-over-year — the sharpest decline among all major cities in Canada. With the average rent sitting at $1,903, this marks Calgary’s lowest rental level in over two years. On […]
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