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Stories Tagged - Housing Market
News
May 25, 2021 | Josh Skapin
Market momentum: pandemic-related factors are increasing demand for $1-million-plus properties
The substantial growth seen in Calgary's detached resale market this year has been driven by the mid-range segment, but big-ticket listings are also bouncing back.
Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.
Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.
News
May 03, 2021 | CREBNow
April 2021: Demand for homes remains high with record sales this month
There were 3,209 sales in April, a new record high for the month, as Calgary's housing market continues to bounce back from the pandemic lows recorded in 2020.
News
April 28, 2021 | Natalie Noble
Year one of COVID-19 pandemic brought sweeping changes to Calgary real estate and the way business is done
Whatever "new normal" is coming, the COVID-19 pandemic has reshaped many aspects of the real estate industry in Calgary and across Canada. From changes to the way homes are built, bought and sold, to shifts in buyer priorities and the economic forces at play, it's been a wild ride for REALTORS®, builders, homebuyers and everyone in between.
News
April 20, 2021 | Gerald Vander Pyl
Jayman's new net-zero homes make energy-efficient design more familiar and accessible for Calgary homebuyers
The future of energy-efficient housing in Calgary has been given a boost, with a major homebuilder now offering a net-zero option on all its models.
Jayman Built recently unveiled its Quantum Performance Ultra E-Home upgrade, which results in a home designed and constructed to produce as much energy as it consumes on an annual basis.
Jayman Built recently unveiled its Quantum Performance Ultra E-Home upgrade, which results in a home designed and constructed to produce as much energy as it consumes on an annual basis.
News
April 23, 2021 | Gerald Vander Pyl
New homes and renovation services now come at a premium, as lumber shortage drives up construction costs
Anyone who has walked into a hardware store lately is aware of the current price of lumber, a situation that is creating issues for the homebuilding and renovation industries in Calgary and across the country.
News
April 15, 2021 | Mario Toneguzzi
Out of office: Royal LePage predicts price increases for Alberta vacation properties in 2021, as COVID-19 continues to drive up demand
More than a year after it began, the COVID-19 pandemic continues to spark increased interest in Alberta's recreational property market, as homebuyers seek an escape from congested cities.
Long-term remote work, which has been a reality for many Albertans for the last 12-plus months, has also made people realize that if they can work from anywhere, why not work from a cottage, cabin or waterfront property?
Long-term remote work, which has been a reality for many Albertans for the last 12-plus months, has also made people realize that if they can work from anywhere, why not work from a cottage, cabin or waterfront property?
News
April 01, 2021 | CREBNow
March 2021: Calgary housing market sees best March sales in over a decade
The initial impact of COVID-19 on the housing market began last March.
One year later, it is not a surprise that March sales in 2021 were higher than in 2020. However, at 2,903 sales, this was the highest March total since 2007.
One year later, it is not a surprise that March sales in 2021 were higher than in 2020. However, at 2,903 sales, this was the highest March total since 2007.
News
April 21, 2021 | CREBNow
Q1 2021 Quarterly Update: City of Calgary Housing Summary
Prior to COVID-19, the economic challenges in our city created an environment of weak resale housing demand. When adjusting sales relative to the population from 2018-19, it was the slowest sales per capita on record. Over this same period, the housing market was struggling with excess supply and declining prices.
News
March 09, 2021 | Stefan Strangman
Adapt or die: Calgary condo developers embrace innovation and affordability to succeed in crowded COVID-19 market
COVID-19 has undoubtedly changed how Calgarians live their lives. According to market analysts, it has also started to affect where they live and how they buy homes, and condo developers have been forced to adapt.
News
March 11, 2021 | Barb Livingstone
Canmore's red-hot housing market is seeing "unprecedented" levels of activity, with no signs of slowing down
Right now, there's no way to describe Canmore's housing market other than "hot."
"I'm always hesitant to use that word because you can't paint everything with the same brush, but the statistics don't lie," said Rob Stevens of RE/MAX Alpine Realty.
"I'm always hesitant to use that word because you can't paint everything with the same brush, but the statistics don't lie," said Rob Stevens of RE/MAX Alpine Realty.