Blog - Patrick Murray

Home Buyers, Home Sellers

Calgary’s Rental Market Shift: Great News for Home Buyers and Sellers

The latest rental market data brings exciting news for Calgary’s real estate landscape. According to a comprehensive report released today by Rentals.ca and Urbanation, Calgary is leading the charge in rental affordability improvements, creating ripple effects that benefit both home buyers and sellers in our vibrant city. The Numbers Tell a Positive Story Calgary experienced […]
Calgary Market Reports, Home Buyers, Home Sellers

Calgary Real Estate Market Update: August 2025 – A Market in Transition Creates New Opportunities

August 1, 2025 The Calgary housing market is experiencing a significant shift that’s creating exciting opportunities for both buyers and sellers. According to the latest data from the Calgary Real Estate Board (CREB), July 2025 has brought us a more balanced market with increased inventory and evolving price dynamics that benefit different segments of our […]
Insights from a REALTOR, Insights from a REALTOR

Maintaining Housing Momentum: A Critical Path Forward for Alberta’s Economic Growth

Based on the Calgary Chamber of Commerce report “Home Economics II: Maintaining Momentum” released July 24, 2025 As a member of the Calgary Chamber of Commerce, I’m pleased to share insights from this important report that outlines the critical path forward for housing development in our region. One year after the Calgary Chamber of Commerce […]
Navigating the Winds of Change: What CREA’s Latest Market Update Means for Calgary Real Estate

After fifteen years of helping Calgary families navigate the ever-changing real estate landscape, I’ve learned that national headlines don’t always tell the whole story of what’s happening in our local market. This week’s announcement from the Canadian Real Estate Association (CREA) is a perfect example of why understanding the nuances between national trends and Calgary-specific […]

Home Buyers Calgary’s Rental Market Shift: Great News for Home Buyers and Sellers The latest rental market data brings exciting news for Calgary’s real estate landscape. According to a comprehensive report released today by Rentals.ca and Urbanation, Calgary is leading the charge in rental affordability improvements, creating ripple effects that benefit both home buyers and sellers in our vibrant city. The Numbers Tell a Positive Story Calgary experienced […]

Calgary Market Reports Calgary Real Estate Market Update: August 2025 – A Market in Transition Creates New Opportunities August 1, 2025 The Calgary housing market is experiencing a significant shift that’s creating exciting opportunities for both buyers and sellers. According to the latest data from the Calgary Real Estate Board (CREB), July 2025 has brought us a more balanced market with increased inventory and evolving price dynamics that benefit different segments of our […]

Insights from a REALTOR Maintaining Housing Momentum: A Critical Path Forward for Alberta’s Economic Growth Based on the Calgary Chamber of Commerce report “Home Economics II: Maintaining Momentum” released July 24, 2025 As a member of the Calgary Chamber of Commerce, I’m pleased to share insights from this important report that outlines the critical path forward for housing development in our region. One year after the Calgary Chamber of Commerce […]

Navigating the Winds of Change: What CREA’s Latest Market Update Means for Calgary Real Estate After fifteen years of helping Calgary families navigate the ever-changing real estate landscape, I’ve learned that national headlines don’t always tell the whole story of what’s happening in our local market. This week’s announcement from the Canadian Real Estate Association (CREA) is a perfect example of why understanding the nuances between national trends and Calgary-specific […]

Home Buyers A Silver Lining in Calgary’s Rental Market: What This Means for Homebuyers and Sellers As a Calgary REALTOR with over 15 years of experience helping families navigate our city’s dynamic real estate landscape, I’m always keeping a close eye on market trends that impact both buyers and sellers. Recently, some fascinating news came across my desk that I believe deserves your attention – and honestly, it’s bringing some much-needed […]

Calgary Market Reports Calgary’s Housing Market Evolution: Opportunity Knocks for Both Buyers and Sellers After 15 years of navigating Calgary’s dynamic real estate landscape, I’ve witnessed market cycles that have challenged and rewarded both buyers and sellers. The June 2025 housing market update reveals a fascinating transition that’s creating unique opportunities across our city’s diverse neighborhoods. As someone who’s guided countless families through their real estate journeys, I’m excited […]

Home Buyers Why Hoping for a Major Housing Price Crash in Canada Isn’t Realistic and What It Means for Calgary Buyers and Sellers A recent article by Kenneth Chan in Daily Hive (posted 3 days ago) highlighted some big news from the Canada Mortgage and Housing Corporation (CMHC): Canadians hoping for a sudden, dramatic housing price drop may need to temper their expectations. According to CMHC, prices aren’t likely to plummet — and in fact, the road to […]

Home Buyers Signs of Life in the Market: What May’s Uptick in Canadian Home Sales Means for Buyers and Sellers in Calgary For the first time in 2025, we’ve seen a month-over-month increase in national home sales—and Calgary was one of the key markets helping to move that needle. According to the Canadian Real Estate Association’s (CREA) latest report, home sales across Canada rose 3.6% in May compared to April, breaking a downward trend that’s lasted since […]

Home Sellers Calgary Housing Market: Signs of Life and Opportunities for Buyers & Sellers 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 […]

Calgary Market Reports May 2025 Calgary Real Estate Market Update: What It Means for Buyers and Sellers 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 […]

Home Buyers Navigating the National Slowdown: Why Calgary Remains a Beacon of Opportunity in Canada’s Real Estate Landscape 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 […]

Home Buyers If You’re a Seller, What’s Your Best Move in a Tricky Real Estate Market? A Calgary Perspective 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 […]

Calgary Market Reports Canadian Housing Market Stabilizes in April—What It Means for Buyers and Sellers in Calgary 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 […]

Home Buyers Calgary’s Rental Market Decline: What It Means for Buyers and Sellers in 2025 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 […]

Calgary Real Estate Market Update – End of April 2025 Calgary Real Estate Market Update – End of April 2025 Balanced Conditions Bring Breathing Room for Buyers and Sellers If you’ve been following the Calgary real estate market, you’ll know that things have moved quickly over the past few years — tight supply, steep price increases, and fierce competition. But this April, we saw something […]

Home Sellers Calgary’s Housing Market is Heating Up: Here’s Where Homes Are Selling Fastest If you’ve been keeping an eye on Calgary’s real estate market — whether as a buyer, seller, or investor — you might have noticed some encouraging trends emerging. With rent prices starting to cool off 📉 and the spring market in full swing, the housing market is becoming even more attractive for those looking to […]

Home Buyers Market Update: Calgary Real Estate Begins to Balance Out This Spring As a REALTOR® who’s been active in Calgary real estate for over 15 years, I’ve seen our market shift through many different phases — from red-hot to rock-bottom and everything in between. If there’s one thing I’ve learned, it’s that real estate is always moving, always evolving, and success comes from staying informed and adapting […]

Calgary Real Estate: Still Affordable Compared to Other Major Cities? Affordability is top of mind for many Calgarians and residents of surrounding communities when it comes to real estate. With home prices on the rise and interest rates holding firm, it’s no surprise that buyers—particularly first-time buyers and young families—are asking whether homeownership in Calgary is still within reach. While prices have certainly climbed, Calgary […]

Home Buyers Calgary’s Bold Innovation Strategy: What It Means for Homeowners and Buyers Calgary has always been a city that rises to the occasion. Whether it’s weathering economic challenges, supporting entrepreneurship, or adapting to global changes, this is a place built on resilience and forward-thinking. That spirit was proudly on display this week as Calgary Economic Development unveiled a bold Innovation Strategy at its 2025 Report to the […]

Home Sellers Calgary’s Luxury Real Estate Market Holds Strong in 2025 Despite growing concerns about potential U.S. tariffs on the oil and gas industry and the looming federal election, Calgary’s luxury real estate market is showing remarkable resilience. Recent data reveals that luxury home sales over $1.5 million have increased by more than 11% compared to the same period last year. A total of 68 properties […]