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Stories Tagged - Calgary Luxury Real Estate

Located in Mission, The River represents the highest priced luxury condo on the market. Photo courtesy The River
News

Jan. 28, 2017 | Kathleen Renne

HAUTE TO TROT

Calgary's luxury market showing staying power, say experts

A high-end fitness centre and kitchen to cater private events; a concierge service or tranquility room; a car wash and, yes, even a pet wash.


These are among the amenities today's buyers can expect with the purchase of a luxury condo in Calgary, a sector real estate experts say is showing some staying power despite soft economic conditions.


News

April 06, 2016 | Jamie Zachary

Luxury home sales rebound

Segment rallies as overall market continues to face challenges

Once considered out for the count, Calgary's luxury housing sector has seemingly rallied, posting a double-digit sales increase so far in 2016, according to new statistics.

Home sales in the city valued at more than $1 million totalled 118 over the first three months of the year – up more than 20 per cent from 98 during the same period last year. In March, $1-million-plus sales totalled 54, up from 49 in 2015.

This comes as CREB® released its most recent monthly housing summary, showing overall sales in the city this year have declined so far this year by nearly 10 per cent.

"While the $1-million-plus segment accounts for a small share of the activity, there has certainly been some improvement in sales over last year," said CREB® chief economist Ann-Marie Lurie.
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Jan. 07, 2015 | CREBNow

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July 08, 2014 | CREBNow

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March 03, 2014 | Cody Stuart

Calgary's High-End Home Sector Plenty Healthy

When it came to the housing market, Calgary grew a lot more luxurious in 2013.

According to RE/MAX's Upper-End Report, sales of homes priced at $1 million or more in Calgary increased by 34 per cent in 2013, putting Calgary's luxury market only behind Vancouver in terms of growth.
News

Feb. 06, 2014 | Cody Stuart

Calgary Second in Nation For Luxury Sales Growth

Calgary's luxury homes market narrowly missed claiming top spot nationwide in 2013, with year-overyear sales growth in the sector outpacing nearly all other Canadian centres.

According to Re/Max's Upper-End Report, sales of homes priced at $1 million or more in Calgary increased by 34 per cent in 2013. In Vancouver, where the luxury market is defined by Re/Max as homes priced at $2 million or more, luxury sales increased by 36 per cent.
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Jan. 31, 2014 | CREBNow

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News

Jan. 16, 2014 | Cody Stuart

Million Dollar Raise

Calgarians were eager to embrace a little opulence in 2013. As outlined in a report from Sotheby's International Realty Canada, Calgary lead the country in overall sales growth, with property sales over $1 million increasing by 33 per cent compared to the year prior – the biggest increase in Canada.

In total, there were 722 homes over $1 million (condominiums, attached and single family) sold in 2013 in Calgary. Sales over $1 million set records in 10 of the 12 months in 2013, with attached homes sales in the category increasing by 94 per cent year-over-year.
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Jan. 10, 2014 | CREBNow

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Jan. 02, 2014 | CREBNow

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T2E 8K4, Canada

 

CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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