#real estate market in calgary

[sherryjohnston]

Calgary Real Estate Market Update: July 2024

As we move through the summer of 2024, the Calgary real estate market presents a picture of stability and gradual growth. Here’s a detailed look at the current state of the market:

Market Overview: July 2024 has seen the Calgary real estate market maintain its equilibrium. Home sales have shown steady performance, with both buyers and sellers actively participating in the market. This balanced activity reflects a healthy market environment, with no extreme fluctuations in either direction.

Price Trends: Median home prices in Calgary have risen modestly by approximately 2% compared to the same time last year. This gentle increase is a sign of continued buyer interest and a stable economic environment, contributing to a slow but steady appreciation in property values.

Inventory and Supply: The market’s inventory levels are holding steady. The number of homes available for sale is well-matched to the current demand, preventing any significant shifts in market conditions. This equilibrium helps maintain price stability and ensures that buyers and sellers are both finding what they need.

Interest Rates: Mortgage rates have remained relatively stable in July, offering a predictable landscape for homebuyers. With rates holding steady, there is an encouraging environment for both new buyers and those looking to refinance or invest in property.

Buyer Trends: The profile of buyers in the market remains diverse. First-time homebuyers are actively seeking affordable properties, while investors continue to explore opportunities in Calgary’s rental market. The presence of these different buyer groups contributes to a dynamic and robust market.

Neighborhood Dynamics: Interest in various neighborhoods across Calgary is shifting, with particular attention on areas that offer excellent amenities and accessibility. Neighborhoods such as the Beltline, Bridgeland, and Inglewood are seeing increased buyer interest due to their vibrant communities and convenient locations.

New Developments: The city is witnessing a range of new residential projects that cater to varying buyer needs. From upscale condominiums to family-oriented housing developments, these new projects are adding to the market’s diversity and offering more options for prospective buyers.

Economic Factors: Calgary’s local economy remains a positive influence on the real estate market. With steady economic growth and job creation, the housing market benefits from increased consumer confidence and financial stability.

In conclusion, the Calgary real estate market in July 2024 reflects a period of balanced activity and moderate growth. With stable prices, consistent inventory, and diverse buyer interests, the market remains favorable for both buyers and sellers. The steady mortgage rates and a strong local economy further support a positive outlook for the coming months.

[inc-immigrationnewscanada]

Shocking Tariff Rates: Canada's Mortgage Landscape in 2025

In the wake of Donald Trump’s tariff policies, Canada’s economic landscape has seen considerable turbulence, particularly impacting the tariff rates and mortgage market. Investors, wary of an economic slowdown due to these tariffs, have shifted their investments into bonds, causing bond yields to drop significantly. This shift has had a direct and profound effect on mortgage rates, with…

[thehomess-realestate-canada]

CURRENT CALGARY REAL ESTATE MARKET STATISTICS

The Calgary real estate market has been heating up in recent months, with strong demand and low supply driving prices up. According to the Calgary Real Estate Board (CREB), the median home price in Calgary reached $505,000 in September 2023, up 9.8% year-over-year.

Read More: https://thehomess.com/news/current-calgary-real-estate-market-statistics/

[calgaryrealestatesposts]

Discover Luxury Homes For Sale In Calgary | Monterra

[youcouldmakealife]

SOTM: Bryce/Jared, Elaine; Man of the Hour (Day, Week, Month, Year)

For the prompt: One of the articles Bryce mentions. "…like, a profile thing? How it was growing up gay in hockey, that kind of thing… A chance to establish myself as like, I am now,” Bryce says. “Kind of like — not set the record straight, exactly, but like, show I’ve matured and stuff. "

It’s the definition of a typical Vancouver day, drizzly and overcast, when I meet Bryce Marcus. He likely needs no introduction, but I will introduce him anyway: the star centre for the Vancouver Canucks who went from being the enemy while playing for the arch-rival Calgary Flames to becoming possibly the most beloved man in the city: certainly if you you asked the fans streaming out of Rogers Arena after watching the Canucks win the Cup for the third time, or the hundreds of thousands of lining Burrard to cheer on their Canucks at the Stanley Cup Parade on a beautiful sunny day this June.

The weather is anything but glamourous today, however, and at the Marcus Matheson household, the surroundings aren’t either.

Jared Matheson, husband and teammate of Bryce, apologizes as I step over a box in their hallway. “We’re kind of in the middle of a move right now.”

They’re trading their two-bedroom condo for something ‘a little more permanent’. Both have decided that wherever their NHL careers may take them, Vancouver is going to remain home, and they’ve just closed on a house nearby.

“Bryce is weirdly excited about getting to mow the lawn,” Jared tells me as we wait for Bryce to finish getting ready. In light of the hyper-competitive Vancouver real estate market it’s entirely understandable to be excited about lawncare — it means you have a lawn to care for — but one wouldn’t have expected that to extend even to Vancouver’s sports stars.

When Bryce emerges, five minutes after my arrival, he announces himself by swearing as he trips over a box of his own, and then apologising, both for his language and his tardiness.

“He was doing his hair,” Jared says.

“I was not,” Bryce scowls, but doesn’t offer an alternative explanation.

After a quick tour of their condo, which is currently half in boxes, Bryce and I hop into his Audi S8 — naturally courtesy Capilano Audi, whose ads featuring him are inescapable during Canucks games. We drive to Richmond so he can show me his old haunts: elementary, middle, and high school — though he finished high school in Washington while playing for the Spokane Chiefs — his home rink, the Dairy Queen his mother took him after hockey games. He’s a capable, if slightly aggressive driver. I mention this because from the dire warning I received from Jared on the way out the door I genuinely believed I might not survive the drive.

Bryce finally pulls into the driveway of an unassuming but cheerful house on a quiet suburban street. The morning drizzle has faded, and the weather is now just as bright and warm as his childhood home, and the mother who raised him there. Already waiting for us on the porch, his mother Elaine Marcus offers me a glass of lemonade. “Store bought, I’m afraid,” she says with a smile. “I’m not much of homemaker.”

Over lemonade and cookies — “Also store bought,” Elaine admits, “but this bakery is very good!”, and she’s right about that — she shows me an array of childhood and teenage photos while Bryce complains to his mother that she’s ‘embarrassing’ him.

The photos are more inspiring than embarrassing: photo after photo of a beaming little boy in an equally small Canucks jersey, proudly brandishing a plastic mini-stick (Canucks branded, of course). A true example of someone who grew up to live his childhood dream.

Sadly, as he gets a older the smile disappears, as does the man beaming in the background of so many of those happy photos. His father, Ben Marcus, was killed by an impaired driver at the age of 32. It devastated Elaine and Bryce, who was only four at the time.

“It was hard,” Elaine says. “He didn’t understand. I didn’t understand, when it came down to it. It was a hard time. He wanted to play hockey all the time, it was the only thing he wanted. He was really only happy on the ice.”

“I just wanted him to be happy,” she says, smiling tearfully, and as Bryce wraps a protective arm around his mother's shoulders, I offer to give them a moment.

“It was a long time ago,” Elaine says in dismissal, wiping her eyes. “It’s just hard sometimes. Ben loved hockey, loved watching the Canucks with Bryce — he’d have been so proud to see Bryce lift the Cup for them. I am too, of course, but it was always Ben and Bryce’s thing. He would have been so proud.”

I do give them a moment then, and when I return, my lemonade has been refilled and both are all smiles once again, though Bryce's doesn't last. He cringes as we go through photos of his teen years. There’s a sullen look on his face in every picture.

And what was Bryce like as a teenager?

"I'll let him answer that," Elaine says diplomatically.

“I don’t really know,” Bryce says, looking thoughtful. “Angry, I guess. I was an angry kid. And confused.”

About his sexuality?

“Everything was confusing,” Bryce says. “But yeah, definitely that too.”

“Bryce cared so much,” Elaine says. “About everything. He still does. The world’s hardest on the people who care most about it.”

Like so many hockey players who’ve come out since Dan Riley and Marc Lapointe did in 2010, he credits their coming out as a major influence on his journey of coming to terms with his identity as both a gay man and a pro hockey player.

“You don’t really put it together,” Bryce says. He turned sixteen the summer the Leafs won the Stanley Cup, and Riley and Lapointe subsequently came out. “Like, okay, sure, you can be gay and play hockey. Except nobody thought that. I didn’t think that. If you said that, maybe I’d say okay, but I didn’t believe it.”

How, then, did he reconcile being gay and playing hockey?

“That's the thing,” Bryce says. “I didn’t, you know? I was playing hockey, so obviously I wasn’t, right? Because if I was gay, then I wouldn’t be playing, would I?”

“It sounds so ridiculous saying it now,” he reflects. “But that’s what I thought. And I wasn’t the only one.”

But even more than Riley and Lapointe blazing a trail before him, he credits meeting his husband Jared at a hockey skills camp in Calgary. In the year before he met Jared, then twenty year old Bryce was arrested twice, for assault and DWI: the latter in particular shook his mother, considering how his father died.

"I was worried about him," she says. "That's probably an understatement."

“I don’t know where I’d be if I hadn't met Jared,” Bryce says. “I genuinely don’t. I don’t think I’d be out. I know I wouldn’t be happy. You know, everyone says it isn’t like in the movies. Falling in love, I mean. That love at first sight and all that is b******t. But that’s pretty much what it was for me.”

Was it mutual?

Bryce laughs. “You’d have to ask Jared, he tells it better than me,” he says. “But no, not really. I wasn't good enough for him. I'm still not good enough for him, but I try to be."

Another warning I’d received from his husband before my tour around town? That Bryce was an incurable romantic. This warning certainly seems more warranted than the one about Bryce’s driving.

And what does Bryce think about Jared’s warning, and his additional suggestion to take anything Bryce said about him with a healthy grain of salt?

“[Jared]’s just modest,” Bryce says.

“He lights up when Jared’s around,” Elaine says. “It’s just like when he was a little boy — every time he stepped onto the ice, he beamed. It’s the same thing with Jared. He’s so happy. It’s so wonderful to see him like that.”

And how was it, not only getting to play with his husband, but to raise the Stanley Cup together?

“It’s a dream come true,” Bryce says. “Really. I know that’s such a cliche, but so is love at first sight, right? And the hometown boy winning it all for his childhood team. They’re all cliches. But they’re my life.”

“I know just how lucky I am,” Bryce says. “Winning with Jared, with this team — it’s been such a whirlwind of a year.”

I tell him to enjoy it.

“I do,” he says, smiling so widely I have no doubt he’s telling the truth. “I really, really do.”

[allthecanadianpolitics]

Canada’s meagre social and affordable housing stock is dwindling, a recent Canada Mortgage and Housing Corp. survey shows.

Unlike market housing, which is vulnerable to the whims of real estate speculators or the self-interest of shareholders, non-market housing can offer tenants an oasis of stability where rents increase on par with incomes.

Following provincial trends, major cities across the country, including Vancouver and Montreal, have lost thousands of non-market rental units over the last three years.

Though Alberta recorded a humble bump of 380 units, Calgary has lost more than 1,500 non-market rental units since 2021.

This is concerning to advocates, in particular because Calgary’s share of non-market rental housing is one of the lowest in the country. [...]

Continue Reading.

Tagging: @newsfromstolenland, @abpoli

[rameshvermasblog]

How to Find a Top Realtor in Calgary | Ramesh Verma

Looking to buy or sell a property in Calgary NE? Finding the right realtor is key to a successful and seamless real estate experience. In this guide, we've compiled a list of the finest Calgary NE Realtors to assist you in your property endeavors.

Why Choose Realtors in Calgary NE?

Calgary NE, an area known for its diverse neighborhoods and thriving communities, demands realtors with a deep understanding of the local market. Here's why selecting a realtor from this region is crucial:

Local Expertise: rRealtors in Calgary possess extensive knowledge of the area, allowing them to guide you to the best neighborhoods and properties that align with your needs.

Market Insights: With a finger on the pulse of the market, these realtors can provide valuable insights, ensuring you make informed decisions.

Negotiation Skills: Seasoned Realtors in Calgary NE excel in negotiation, ensuring you get the best deals whether you're buying or selling a property.

Top Realtors in Calgary NE Worth Considering

1. John Smith - Your Neighborhood Specialist

John Smith is a highly regarded realtor in Calgary NE, renowned for his unmatched dedication and commitment to client satisfaction. With years of experience, he can navigate the complex real estate landscape effortlessly.

2. Sarah Johnson - Your Trusted Advisor

Sarah Johnson is an expert realtor known for her exceptional advisory services. She believes in building strong relationships with her clients and strives to understand their unique requirements to find their dream home.

3. Michael Davis - The Negotiation Pro

Michael Davis is a skilled negotiator, ensuring you get the best possible deal in any transaction. His strategic approach and market knowledge make him a top choice for those seeking value in their real estate ventures.

How to Choose the Right Realtor for You

Selecting the perfect realtor in Calgary NE involves considering various factors. Here's a brief guide to help you make an informed decision:

Research: Conduct thorough research on potential realtors, reviewing their experience, client testimonials, and track record.

Interviews: Arrange interviews with shortlisted realtors to gauge their understanding of your requirements and their overall approach.

Communication Skills: Ensure the realtor communicates effectively and is attentive to your needs, answering your queries promptly and clearly.

Fees and Services: Discuss their fees and the services they provide, ensuring they align with your budget and expectations.

Final Thoughts

In the vast real estate market of Calgary NE, having the right realtor by your side can make all the difference. Take the time to choose a realtor who not only understands the market but also values your needs and goals. With the guidance of a top-notch realtor, your real estate journey in Calgary NE is bound to be a success.

Looking to buy or sell a property in Calgary NE? Look no further than Ramesh Verma, your trusted local realtor. Our expertise and dedication ensure a smooth real estate experience. Contact us today to start your journey towards your dream home or a successful sale in Calgary NE. Don't miss out—reach out now and let's make your real estate goals a reality!

More Further Details - Business Number- 403-903-7879, Business Mail id - rameshyyc@gmail.com

[howardrealestateteam]

Bryon Howard is a top-ranked realtor in Calgary and the leader of the Howard Team. With years of experience in the industry, Bryon has a deep understanding of the local real estate market and a proven track record of successfully helping clients buy and sell properties. Real estate investments' appeal is greatly influenced by location, as homes in desirable neighborhoods have a larger potential for appreciation and rental income.

Whether you are looking to buy your dream home or sell your current property, Bryon Howard and the Howard Team can help you achieve your real estate goals. With their extensive market knowledge, extensive network and passion for real estate, they are dedicated to making the buying and selling process as smooth and stress-free as possible.

Call  now  at (403) 589-0004 or email us on admin@thehowardteam.net and also visit our website https://www.thehowardteam.net/index.phpFind Your Home With Calgary's Top Realtor Bryon Howard .we are just one call away to help you

[udoandcompany]

Significance of Market Knowledge in a Top Real Estate Agent

The real estate market is dynamic, with prices, demand, and trends changing frequently. Navigating these complexities can be overwhelming for buyers and sellers. This is where a top Calgary real estate agent with extensive market knowledge becomes invaluable. Their expertise can distinguish between a successful transaction and a missed opportunity. Here, we explore why market knowledge is crucial for top real estate agents and how it benefits their clients.

1. Understanding Local Trends

Calgary real estate varies greatly from one location to another. A property's value in one neighborhood may differ greatly from a similar property just a few miles away. Top real estate agents possess in-depth knowledge of local trends, including:

Recent sales prices and average time on the market.

Neighbourhood growth and development.

School district ratings and their impact on property values.

Seasonal fluctuations in buyer and seller activity.

With this information, a Calgary real estate agent can provide clients with accurate insights and recommendations tailored to their goals. For instance, buyers looking for long-term investment opportunities can rely on their agent to identify neighborhoods with high growth potential.

2. Accurate Pricing

One of the most critical aspects of buying or selling a home is determining the right price. Overpricing a property can deter potential buyers while underpricing can result in financial loss. Similarly, buyers must avoid overpaying for a property.

Top Calgary real estate agents leverage their knowledge to conduct a comprehensive comparative market analysis (CMA). This involves evaluating:

Recent sales of similar properties in the area.

Current listings and competition.

Unique features and condition of the property.

By setting the right price, brokers ensure sellers attract serious buyers and achieve a lucrative sale. At the same time, buyers secure a property at a fair value.

3. Timing the Market

The timing of a Calgary real estate transaction can significantly impact its success. Market knowledge lets top agents advise clients on the best times to buy or sell. For example:

Sellers may achieve higher prices during peak market seasons when demand is strong.

Buyers may find better deals during slower periods when inventory is high.

An agent's understanding of these cycles enables clients to make decisions that align with their financial and personal goals.

4. Identifying Emerging Opportunities

Top Calgary real estate agents stay ahead of market trends. Thereby, allowing them to identify emerging opportunities for their clients. This might include:

Up-and-coming neighbourhoods with increasing property values.

Properties with potential for renovation and resale at a profit.

Market conditions favourable for investment properties or rental income.

For example, an agent might recognize that a previously overlooked area is gaining popularity due to new infrastructure developments. Thus, making it an ideal time for clients to invest.

5. Strategic Marketing and Negotiation

Market knowledge is also essential for effective marketing and negotiation. When selling a property, top agents know how to position it competitively. They can underline features that appeal to current buyer preferences and craft compelling listings that stand out. In negotiations, their knowledge of market conditions provides leverage. For example:

If demand is high, they can negotiate for higher offers and favourable seller terms.

If inventory is abundant, they can secure better deals for buyers by pointing out comparable properties.

Their expertise ensures that clients achieve the best possible outcomes.

6. Reducing Risk

Calgary real estate transactions come with inherent risks, from overpaying for a property to encountering legal or financial complications. A top agent's market knowledge helps mitigate these risks by:

Conducting thorough due diligence on properties.

Advising clients on realistic expectations and potential pitfalls.

Guiding clients through the complexities of contracts and contingencies.

Their insights and proactive approach safeguard clients' interests and provide peace of mind.

7. Customized Guidance for Clients

Clients' needs and goals are unique, and a one-size-fits-all approach doesn't work in Calgary real estate. Market knowledge allows brokers to provide customized guidance based on individual circumstances. For example:

First-time buyers may need education on market trends and pricing strategies.

Investors may prioritize properties with high rental yields or appreciation potential.

Sellers may require advice on timing and staging to maximize their property's value.

A knowledgeable agent tailors their approach to meet these diverse needs, ensuring a positive experience for all clients.

8. Staying Competitive

Market knowledge sets top agents apart in a competitive Calgary real estate market. Clients value agents who can provide actionable insights and demonstrate a deep knowledge of their local market. This expertise builds trust and confidence, leading to long-term relationships and referrals.

Conclusion

Market knowledge is the cornerstone of a top real estate agent's success. It assigns them to guide clients through every step of the buying or selling process, from pricing and timing to marketing and negotiation. By staying informed and leveraging their expertise, these agents deliver exceptional results and help clients achieve their real estate goals. For anyone looking to buy or sell property, partnering with UDO & COMPANY,, a knowledgeable Calgary real estate is a smart investment in success.

[rupytherealtor]

Condos For Sale in Calgary

Rupy the Realtor is a leading and most trusted expert in Calgary's real estate market, offering a premium selection of condos for sale in Calgary. Whether you're a first-time buyer or an investor, find modern, well-located, and budget-friendly condos tailored to your needs. Let us help you secure your dream home in Calgary today!

[parterreproperty]

Condominium Management Calgary Supports Growth of Real Estate Market

Owning a condominium in Calgary offers undeniable benefits to the owners as they can live near vibrant communities, share amenities, nurture a sense of belonging. However, condominium management Calgary is a different aspect that requires professional intervention. Management of these shared spaces and navigating the intricacies of communal living can be a complex endeavour. Thus, it is important to effectively manage a condominium property for a harmonious and fulfilling living experience.

Condominium manager has enormous responsibilities beyond basic maintenance as effective property management encompasses a myriad of tasks. Your professional condominium expert will have to foster a culture of respectful co-existence, uphold legal compliance, ensuring financial transparency, and proactively address concernas. Hiring a competent property management team will act as the backbone of a thriving condo community.

Today as condominiums have become synonymous with modern living, offering chic apartments, shared amenities, and a sense of community it has become essential that smooth functioning of these vertical living spaces are taken care. Unlike single-family homes, condos represent individual ownership within a larger shared structure and common areas. This shared ownership necessitates a collaborative governance system, often supported by condominium manager.

Condo property managers are required to wear many hats, from overseeing day-to-day operations like maintenance and security to managing finances, enforcing regulations, and fostering a harmonious co-existence among residents. Since at core condo properties and condo management delves deeper, focusing on collective well-being rather than individual it must be a well-balanced approach that balances individual rights with shared responsibilities. Condominium manager keeps your condo community running smoothly as he takes care of everything; from ensuring that the pool is clean to helping solve problems between neighbours so that condo residents can enjoy their homes peacefully.

Condominium management Calgary can have a significant impact on capital planning. Maintenance is the key to long term worry-free living in condominium. Majorly there are two types of condominium management such as preventative maintenance and reactive maintenance. Preventative maintenance provides positive impact on communities living in condominiums.

Parterre Property Services Inc. is a reliable and efficient condominium management company providing you with peace of mind and allowing you to enjoy the benefits of condominium living without the hassle. Parterre Property Services Inc has been providing high-quality condominium management services in Calgary and Edmonton for over 15 years. Their team of experienced condominium managers is dedicated to ensuring that the properties they manage are well-maintained and run smoothly. They handle all aspects of condominium management, from collecting monthly fees and handling maintenance requests to overseeing repairs and communicating with owners.

[offpage45]

Realtors in Calgary

Realtors in Calgary offer expert services to help individuals and families find their dream homes in this vibrant city. Whether you are looking for a cozy apartment, a luxury condo, or a spacious family home, these professionals guide you through the buying, selling, or renting process with ease.

https://www.zillow.com/professionals/real-estate-agent-reviews/calgary-ab/

With their deep knowledge of Calgary’s neighborhoods and market trends, they ensure you make informed decisions while securing the best deal possible. Trusting a realtor in Calgary means having a dedicated expert by your side who is committed to making your real estate journey smooth and successful.

[malcolmlaurie]

Business Pitch: Grotto Furniture Restoration

The Problem:

One of the biggest problems for Canadians today is the rising cost of living, young adults and first time home buyers are feeling the effects of this the most. Those that manage to save up enough to afford a home are typically “house poor” with very limited ability to afford quality furniture for their home. Affordable furniture today is often low quality and lacks character. Alternatively quality solid wood furniture is often too expensive for todays average consumer. I believe people shouldnt have to sacrifice quality for affordability.

The Solution:My business restores and refinishes real wood furniture, giving it new life while keeping it affordable. I will turn peoples worn, dated, damaged wooden furniture into unique and eye catching furniture with high quality materials. I will offer custom refinishing for customers existing furniture as well as used furniture I can find at thrift stores and estate sales. My business will also support locally made fusion mineral paint ensuring a durable, quality finish while also strengthening the local economy.

The Target Market:

My target market will be mostly millennials and gen z consumers. Focusing specifically on first time home buyers, bargain hunters and those just looking for a unique looking piece of furniture without the expensive price tag. The recent desire for sustainable living coupled with increasing demand for vintage furniture makes this the perfect time to enter this market.

The Team:

I have a very keen eye for beat up furniture that has potential to be revamped into eye catching conversation starters. I have years of experience with painting and staining, as well as wood repair. My skillsets along with my creative eye is the perfect combination to be one of the top restoration companies in Alberta.

The Ask:

I am seeking support in helping my business take off through referrals, partnerships and guidance to scale my business up once my customer base becomes too large for just me to handle. Id love to connect with young interior designers and home stagers who are looking for High quality, durable and eye catching furniture for their clients. 

Call to Action:

Help me to give Calgarians old furniture a second life using local and sustainable materials sources right here in Calgary. If you are looking for custom furniture or know someone who is please dont hesitate to reach out to me directly. Email; mj.laurie12@outlook.com or 4037087057. Thank you for your time.

[howardrealestateteam]

Bryon Howard is a top-ranked realtor in Calgary and the leader of the Howard Team. With years of experience in the industry, Bryon has a deep understanding of the local real estate market and a proven track record of successfully helping clients buy and sell properties. Real estate investments' appeal is greatly influenced by location, as homes in desirable neighborhoods have a larger potential for appreciation and rental income.

Whether you are looking to buy your dream home or sell your current property, Bryon Howard and the Howard Team can help you achieve your real estate goals. With their extensive market knowledge, extensive network and passion for real estate, they are dedicated to making the buying and selling process as smooth and stress-free as possible.

Call  now  at (403) 589-0004 or email us on admin@thehowardteam.net and also visit our website https://www.thehowardteam.net/index.phpFind Your Home With Calgary's Top Realtor Bryon Howard .we are just one call away to help you