Calgary's trusted source of real estate news, advice and statistics since 1983.
May 14, 2018 | CREBNow
How to pick a REALTOR®
Eighteen questions you should ask a Realtor before hiring
Buying or selling a home is likely the biggest transaction people will make in their lives.
For example, the average MLS® System sale price in Calgary, as of the end of April, was close to half a million dollars.
Whether you're a buyer or a seller, finding the right REALTOR® can be a daunting task. There are many to choose from; CREB® has more than 5,400 registered Realtors serving Calgary and surrounding areas. It's important to select a Realtor who can meet your needs, especially when you consider the stakes.
May 16, 2018 | Mario Toneguzzi
Lacklustre luxury
High-end housing market continues sluggish recovery, but slow sales bump up supply As a former long-time writer with the Calgary Herald focusing on the real estate beat, I knew how popular coverage of the real estate industry was to readers.
One aspect of the industry people always loved reading about was the city's luxury home market. So, I was curious how the high-end segment of the housing market has been faring lately.
Year-to-date sales – up to the end of April – of $1-million-plus properties totalled 204 transactions, which is down slightly from 211 during the same period a year ago, says Ann-Marie Lurie, chief economist with CREB®.
May 24, 2018 | Andrea Cox
Calgary Communities, A to Z: South
Read on for stats and fun facts about every community in Calgary's sunny south. This is part one of a two-part series on Calgary communities.
May 02, 2018 | Geoff Geddes
$300,000 - $500,000
Not so long ago, half a million dollars in Calgary might get you a starter home, minus the view. Today, buyers in the $300,000 - $500,000 range will like what they see when weighing their options.
May 02, 2018 | Geoff Geddes
$300,000 and under
A dollar may not go as far as it used to, but $300,000 can still take Calgary homebuyers a long way.
"At that price, you could look at a one- or two-bedroom apartment with underground or outside parking, and an elevator if you want a high-rise," said Monique Windrem, a REALTOR® and leasing agent with Hope Street Real Estate Corp. "You might get extra storage, and if you opted for a one-bedroom, you may also have a gym, concierge and security if you're not set on living downtown."
May 02, 2018 | Barb Livingstone
$500,000 - $750,000
There is no such thing as a "typical" home in the $500,000 to $750,000 price range in Calgary's market today.
"It is more than a starter home, but no mansion," said Ray Riley, a REALTOR® with RE/MAX First. "It could even be a teardown in a desirable (inner-city) neighbourhood, or a luxury apartment downtown. It just depends on what the buyer is looking for, and where."
May 02, 2018 | Barb Livingstone
$750,000 - $1 million
A million dollars used to buy a lot of home for your money.
But what will $750,000 – $1 million get a homebuyer in Calgary today?
Stephanie Campbell, a REALTOR® with Kirby Cox & Associates, says the answer depends entirely on the home's location and your lifestyle priorities.
May 09, 2018 | Stefan Strangman
Aging gracefully
Calgary is a city that is continuing to grow and expand, with new suburbs and surrounding areas showing marked growth this year, yielding new infrastructure and amenities for residents. However, while Calgary's newer communities expand, older communities are experiencing unique challenges.
May 02, 2018 | Gerald Vander Pyl
Crunching the numbers
Shopping for the home of your dreams requires knowing how much you can afford to spend, which for most buyers ties directly into a mortgage.
Financial institutions in Canada look at a buyer's Gross Debt Service (GDS) and Total Debt Service (TDS) ratios to help determine how much mortgage to approve, and therefore, how much home a person can afford.
