Calgary Real Estate Market Update- March 2025
Apr 09, 2025
MARKET UPDATE FOR CALGARY REAL ESTATE IN MARCH 2025
Q1 in Review
The quarter finished slightly weaker than it began.
Seasonally adjusted demand fell this month versus last month due to tariff uncertainty, but the effect of this uncertainty was not uniform:
- Demand came off for apartments & more expensive suburban homes ($900k/$1m+)
-
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Calgary Real Estate Market Update- February 2025
Mar 25, 2025
MARKET UPDATE FOR CALGARY REAL ESTATE IN FEBRUARY 2025
We have been surprised by the energy and rush of activity on both sides of the business in the last couple of weeks.
As you can see from the table, all major property types except apartments are in a technical heavy seller's market, and all
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Calgary Real Estate Market Update- January 2025
Feb 20, 2025
MARKET UPDATE FOR CALGARY REAL ESTATE IN OCTOBER 2024
This year's Calgary Real Estate Board (CREB) Forecast was issued a few days ago amid tariff uncertainty.
In general, two worlds were pictured: In a tariff-free world, we would see a resumption of moderate appreciation for all property types except apartments (level). In
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Mastering Real Estate Deposits & Winning Your Dream Home
Jan 30, 2025
Mastering Real Estate Deposits: A Calgary Buyer’s Guide
Mastering Real Estate Deposits: A Calgary Buyer’s Guide
This blog is part of a series designed to help buyers navigate the ins and outs of real estate transactions. Today’s focus is on deposits—how they work, why they matter, and how they can help you
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Strategies For Navigating Calgary's Rental Market
Jan 27, 2025
Resources for Finding a Rental Home in Calgary
If you’re new to Calgary and searching for a rental home, the process can feel overwhelming. Calgary’s rental market is unique, and finding the right home requires careful planning and research. Here’s a guide to help you get started, along with some valuable
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Calgary Real Estate Market Update & Market Predictions - December 2024
Jan 16, 2025
MARKET UPDATE FOR CALGARY REAL ESTATE IN DECEMBER 2024
**Click HERE to watch 2025 Market Predictions VIDEO instead**
Calgary
Calgary's residential housing market enters 2025 undersupplied, with:
i) a high rate of sales (owing to recent net migration), and,
ii) a high rate of new listings (owing to recent high interest rates.)
The table below is a
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A Guide to Property Management in Calgary
Nov 23, 2024
What Investors Need to Know
Investing in real estate can be a rewarding experience, but managing properties effectively is key to maximizing your returns. Whether you’re managing your own properties or exploring property management options in Calgary, it's important to understand the landscape and know what to look for.
While we specialize
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Calgary Real Estate Market Update- October 2024
Nov 15, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN OCTOBER 2024
In October, inventory levels (the ratio of active listings to sales) stabilized, finishing slightly within the seller's market range, but we would describe the market as balanced for now.
New listings remain high—about 44% above the 5-year average—while sales are also above long-term trends.
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Calgary Designer Nominated for Western Living 25 Award
Nov 04, 2024
Celebrating Exceptional Design: Hillary Rutherford’s Impact on Western Canadian Interiors
Creating the perfect ambiance in a space requires not only an eye for detail but also the expertise to translate vision into reality. Thoughtful design enhances our daily lives, whether through ideal lighting in a cozy nook or creating a dynamic
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Calgary Real Estate Market Update- September 2024
Oct 28, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN September 2024
This month, sales continued to outpace the 5- and 10-year averages but were still down 18% from last year’s surge. New listings also increased, up 17% compared to September of last year.
Although Calgary's market data largely points to a seller's market (as
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Awarded In RE/MAX first top 5
Sep 27, 2024
#4 Team at RE/MAX First - 2023
There is a dramatic surprise ending to this story!
We are humbled to have been ranked as the #4 team at RE/MAX First for the entire year of 2023. However, the true highlight for us has always been the trust and confidence you have bestowed
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Market Insights From Canadas Top Agents
Sep 27, 2024
What Makes Top Realtors Tick? Insights from My Agent Brief Project
I’m in the middle of an exciting project, reaching out to the highest-rated agents across Canada’s 100 largest cities. So far, I’ve spoken to 60 incredible agents (and counting!) for my 100 Agent Brief – a monthly market report where
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Calgary Real Estate Market Update- August 2024
Sep 19, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN August 2024
I took a few days to think about this month's market report because so much is happening and I want to paint an accurate picture.
August, was a slow month for sales relative to this time last year. When we zoom out, however, we see it
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Calgary Real Estate Market Update- July 2024
Aug 12, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN JULY 2024
Keen readers will notice that we have switched the overall label for our market from "heavy seller's market" to "seller's market". Even keener readers will notice that we have done this prematurely (we should wait until there are more than 2.5 months
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Calgary Real Estate Market Update- June 2024
Jul 05, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN JUNE 2024
Bigger picture, sales for the year are up 6% versus last year, but this month, sales were down 13% versus last June. Another trend that reversed a bit this month was new listings: Until this month, the rate of new listings was
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Calgary Real Estate Market Update-March 2024
Apr 11, 2024
MARKET UPDATE FOR CALGARY REAL ESTATE IN MARCH 2024
Seller's market conditions prevailed across the board in March (and April, month-to-date). Continuing the trend, entry-level housing types and more affordable geographical areas, saw the greatest imbalances and therefore the strongest price gains.
Price gains: As we entered spring, sales rose, but the
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Calgary Real Estate Market Update-February 2024
Mar 08, 2024
Market Update For Calgary Real Estate In February 2024
Little change this month versus January: Supply remains constrained across the market and sitting inventory is only really found in outlying communities (primarily Chestermere, Cochrane & further afield) and/or at higher price points (above $900,000).
Notably, the luxury condo space ($750k+) and highest
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From Innovators To Experts
Mar 02, 2024
Drone Innovators To Drone Experts
It’s cringeworthy, but we keep coming across this old video. Believe it or not, the footage we captured was innovative at the time. We think we were the second real estate team to use drone video: Working directly with Transport Canada before there were rules in
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Interest Rate Increase Influence Buying Power
Sep 11, 2023
Demand continues surpassing stock in Calgary's housing market, as interest rates jump further. These factors come together to put a strain on people trying to purchase a home or renew their mortgage. While speaking with Global News, Tom Albrecht says “When you have a low housing stock, you really don’t
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Tom Albrecht Gives Global News Expert Insight on Housing Inventory
Mar 09, 2023
Once again Tom was asked by Global News to Weigh in on the Calgary housing market. With Inventory being at an almost 20-year low, many potential buyers are faced with a great deal of competition when finding and securing a home. One of the reasons for the limited supply, he
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Have The Contract That Works For You With Seller's Conditions
Nov 11, 2022
Seller’s Conditions: What Are They? And Why I Love Negotiating Them
Imagine you want to buy a house, but you’re terrified of selling your place first and then becoming homeless (because you haven’t found your dream home yet).
Bad situation, right?
Wrong. “Seller’s condition” for the win!
Have you heard of a seller’s condition?
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How To Tip The Scales With A Winning Cover Letter
Nov 11, 2022
Winning Negotiations as a Calgary Home Buyer: The Cover Letter
This blog is the first in a series of articles I’m writing that together, give a comprehensive set of tools to winning real estate negotiations as a buyer.
We’ve had all sorts of markets in Calgary of late (buyers, sellers balanced), and
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Calgary Real Estate Market Update- Nov 2022
Nov 08, 2022
Market Update For Calgary Real Estate
Comparing this month's market update to last month's we notice very few differences, but they are there. We still exist in a low-inventory world, for all property types up to $800,000. The rate of new listings is relatively slow, and sales remain strong, despite rising
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Are Multiple Offers on Your a Home a Good Thing? Not Always
Oct 18, 2022
The Stress of Getting More Than One Offer
Multiple offers sound fun, right?
Normally getting more than one offer on your home is very exciting because, as I tell my clients, it is the best chance of selling your home for as much money as possible. And it's true - most sellers
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Calgary Real Estate Market Update - October 2022
Oct 17, 2022
Calgary Area Real Estate in October
In total, the Calgary & Area market has 2.5 months of inventory, which puts it in seller's market territory, though sentiment has continued to turn negative in the last month.
Sales were down 12% versus last September 2022. We know 2022 was a very busy year,
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Global TV Calgary asks Tom Albrecht about the Housing Market
Jun 02, 2022
Tom shared his summary view on the Alberta housing market. Asked if interest rates would impact the market, he said "taken alone, yes, but we also have extremely high oil prices generating economic activity and driving interprovincial migration." Watch the Global TV Calgary piece here:
And here's the article if you're
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Calgary Real Estate Market Right Now: "BUY, SELL or HOLD?"
Apr 09, 2022
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Calgary & Area Market Analysis
Jan 08, 2022
Calgary and the surrounding bedroom communities have all but run out of listings, particularly for detached homes. We now have lower inventory than the same day in 2005.
An anecdotal story: Yesterday I went with a client to a showing and the listing agent told me that they had 70 showings
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