Owning property is a dream for many, but have you ever considered the benefits of owning not just one, but two homes? The idea behind the tagline "Everyone should own at least two homes, one to live in and one as an investment" is not just a bold statement but a smart financial strategy that can open doors to greater financial freedom, stability, and opportunity.

A Home to Call Your Own

Your primary residence is more than just bricks and mortar—it's a sanctuary, a place where you create memories, raise families, and build a lifestyle. The peace of mind that comes with owning your home means you're free from the ever-changing rental market. No more rent increases, unpredictable landlords, or the risk of being asked to move out. You’re investing in your own future every time you make a mortgage payment, and over time, your home appreciates in value. This appreciation is essentially your nest egg growing over the years, setting you up for a financially secure future.

Why a Second Home?

The second part of the equation is an investment property. Why should you consider owning another home solely as an investment? Here's why:

1. Wealth Generation

Real estate has historically proven to be one of the most reliable ways to build wealth. While the stock market can be volatile, and other investments might require extensive knowledge or hands-on involvement, real estate can offer a more stable and passive income source. Your second home could generate rental income that not only covers its mortgage but also provides you with an additional revenue stream.

2. Diversification of Income

Diversifying your financial portfolio is a key strategy for building and preserving wealth. Real estate is an excellent way to diversify outside of traditional investments like stocks or bonds. It offers a tangible asset that tends to appreciate over time, making it a safer bet in periods of economic downturns.

3. Passive Income Stream

Owning an investment property means you can create passive income, which is money you earn without having to be involved on a day-to-day basis. Whether it's renting out a home in Calgary's hot market or tapping into the growing demand for short-term rentals like Airbnb, having an investment property can provide you with consistent income.

4. Tax Advantages

In many countries, real estate investors enjoy significant tax breaks. From deductions for mortgage interest to depreciation and maintenance costs, owning a second home can reduce your taxable income. This makes it a highly attractive option for those looking to maximize their wealth-building potential while keeping more of their hard-earned money.

5. Leverage for Future Investments

Over time, your investment property will build equity, just like your primary residence. You can use that equity to invest in additional properties, expand your portfolio, or fund other ventures. Essentially, one smart investment in a second home could be the stepping stone toward even greater financial success.

Calgary's Market: A Prime Opportunity

Calgary, Alberta, offers a real estate market that is ripe for both first-time homeowners and savvy investors. With growing communities, strong demand, and economic development, there's ample opportunity to buy a home as an investment that appreciates steadily over time. As a real estate expert in Calgary, I can help you navigate the local market and identify properties that are poised for growth, whether you're looking for your first or second home.

Security for Your Future

Real estate is not just about buying properties; it's about securing your future. Owning two homes provides a safety net. Your primary residence protects you and your family, while your investment property works as an insurance policy for financial stability. If times get tough, having a second property can serve as a valuable asset, whether you sell it, refinance, or use the rental income to weather difficult periods.

Investing in a second home isn’t just a luxury reserved for the ultra-wealthy. It’s a practical and achievable goal for anyone who wants to create a more financially secure future. By owning at least two homes—one to live in and one as an investment—you’re building wealth, generating income, and securing your financial independence. Ready to take the next step? Let’s explore the opportunities in Calgary’s real estate market today.

Owning two homes might be easier than you think—and it’s certainly one of the smartest decisions you can make for your future.

Top 5 Reasons to Invest in Airbnb Properties in Calgary

As the popularity of short-term rentals continues to rise, Calgary has emerged as a prime location for Airbnb investments. With its vibrant culture, economic opportunities, and thriving tourism industry, Calgary offers a unique blend of benefits that make it an attractive choice for real estate investors looking to tap into the short-term rental market. If you're considering investing in an Airbnb property, here are the top five reasons why Calgary should be on your radar.

1. Growing Tourism Industry

Calgary attracts millions of visitors each year, thanks to its rich cultural heritage, numerous festivals, and proximity to the stunning Rocky Mountains. Events like the Calgary Stampede draw tourists from around the globe, ensuring a steady demand for short-term rental accommodations. Investing in an Airbnb property in Calgary allows you to capitalize on this influx of visitors, providing them with a comfortable and unique lodging option that often outshines traditional hotels.

2. High Return on Investment (ROI)

Calgary's Airbnb market offers a competitive return on investment compared to traditional long-term rentals. Properties located in popular neighborhoods and near key attractions can generate higher nightly rates and consistent occupancy. With the right property management strategy, you can maximize your income and achieve a solid ROI. Additionally, Airbnb properties often allow for flexibility in pricing, enabling you to adjust rates according to demand and market conditions.

3. Diverse Neighborhoods with Airbnb Potential

Calgary boasts a variety of neighborhoods that cater to different types of visitors, from business travelers to tourists. Areas like the Downtown Core, Beltline, Kensington, and Inglewood are known for their vibrant nightlife, dining options, and proximity to attractions, making them ideal locations for Airbnb properties. This diversity allows investors to choose a neighborhood that aligns with their investment goals and target audience.

4. Favorable Regulatory Environment

Unlike some other cities, Calgary has adopted a balanced approach to regulating short-term rentals. While there are bylaws in place to ensure the safety and security of guests, the city's regulations are generally favorable towards Airbnb hosts. This supportive regulatory environment makes it easier for property owners to operate short-term rentals legally and profitably. Staying compliant with local regulations helps protect your investment and contributes to a positive experience for both hosts and guests.

5. Economic Resilience and Growth

Calgary is one of Canada's fastest-growing cities, with a strong economy driven by industries such as oil and gas, technology, and finance. The city's economic resilience and growth attract both domestic and international travelers, including business professionals and families relocating for work. Investing in an Airbnb property in Calgary allows you to tap into this stable and expanding market, providing accommodation options for both tourists and business travelers.

Ready to Invest in Calgary's Airbnb Market?

If you're considering investing in an Airbnb-friendly property, Calgary offers a wealth of opportunities. With its growing tourism industry, high ROI potential, diverse neighborhoods, supportive regulations, and economic resilience, Calgary is a top choice for real estate investors looking to enter the short-term rental market.

Explore Airbnb-friendly properties for sale in Calgary and find the perfect investment to start or expand your short-term rental portfolio. Our curated listings feature homes, condos, and apartments in prime locations that allow short-term rentals, giving you access to properties with the best potential for success.

By investing in Calgary's Airbnb market, you can enjoy the benefits of a thriving tourism industry, high returns, and the flexibility to adjust your rental strategy as the market evolves. Start your journey today and discover the advantages of owning an Airbnb property in this dynamic and growing city.

When it comes to real estate, especially in a dynamic market like Calgary, Alberta, there's an old adage that holds true: "Time in the market is more important than timing the market." Over the past several years, Calgary's real estate market has seen its share of fluctuations, but one trend remains constant—the long-term growth of property values. This article dives into how this principle benefits home buyers, sellers, and real estate investors.

For Home Buyers: Stability and Growth Over Time

Home buyers in Calgary should consider the value of holding onto their properties over the long term rather than trying to time their purchase perfectly. Historical data since 2019 reveals a consistent upward trajectory in the average prices of homes sold in Calgary. For instance, the average price in January 2019 was around $450,752. By August 2024, this had increased to approximately $609,873. This steady growth illustrates that, despite economic uncertainties or short-term market dips, real estate in Calgary tends to appreciate over time.

Key Takeaway for Buyers: Buying a home is not just about finding the perfect deal at the right moment; it's about securing a property that will grow in value. The market's natural appreciation means that the longer you own a home, the more likely you are to see a substantial return on your investment.

For Home Sellers: Leverage Market Timing for Maximum Gains

Home sellers benefit significantly from holding their properties for a longer period. As seen in Calgary's market trends, home values have increased year over year, making the potential gains from selling much higher after several years of ownership. Sellers who bought in 2019 and held onto their property until 2024 likely saw a substantial return on investment.

However, it's essential for sellers to recognize that waiting for the "perfect" market conditions to sell may not always be feasible. Instead, understanding that the market generally trends upwards can encourage sellers to list their homes when they are personally ready, knowing that long-term growth will have increased their property's value.

Key Takeaway for Sellers: While timing can enhance sales profit, the overall market growth means you don't have to wait for the perfect peak to sell. Your property will likely have appreciated enough over several years to make any timing a good time to sell.

For Real Estate Investors: The Long Game Pays Off

For investors, real estate offers a tangible and historically reliable avenue for wealth accumulation. Calgary's real estate market is no exception. Since 2019, the average prices have shown resilience and growth, even in the face of global economic shifts. Investors who prioritize long-term ownership over trying to predict market highs and lows often find themselves with significant equity gains.

Real estate investment is about patience. The steady increase in Calgary home prices—from $450,752 in January 2019 to $609,873 in August 2024 demonstrates that real estate is a long-term wealth-building strategy. By focusing on holding properties rather than flipping them quickly, investors can maximize their returns through both appreciation and rental income.

Key Takeaway for Investors: Successful real estate investment in Calgary is less about buying low and selling high at precise moments and more about holding properties to benefit from consistent market growth. The longer your property stays in the market, the higher the return potential.

The Power of Patience in Real Estate

Whether you are a home buyer, seller, or investor, the message is clear: Calgary's real estate market rewards patience. Over time, property values have consistently appreciated, making long-term ownership a more strategic choice than attempting to time market highs and lows. Remember, it's not about the exact moment you buy or sell but how long you hold onto your property that counts. In Calgary's real estate market, patience truly is a virtue.

In Calgary, the real estate market has experienced significant shifts over the past six years. Whether you’re a home buyer, seller, or investor, understanding these trends is crucial for making informed decisions. The data below highlights the average price of homes sold in Calgary from 2019 to 2024.

1. Steady Price Increase in 2024

The most notable trend is the consistent rise in home prices throughout 2024. Starting at $570,720 in January, the prices have steadily climbed, reaching $624,607 by June. This increase reflects a robust market, indicating strong demand and possibly limited supply. For buyers, this suggests acting sooner rather than later to avoid higher prices. Sellers can leverage this trend to maximize their returns, while investors might see this as an opportunity for profitable investments.

2. Impact of the Pandemic in 2020

The year 2020 saw a dip in home prices, especially noticeable in May when prices dropped to $439,257. This decline was primarily due to the economic uncertainties brought about by the COVID-19 pandemic. However, by the end of the year, the market began to recover, reflecting the resilience of Calgary’s real estate market. Buyers and sellers need to consider how such global events can temporarily affect the market and plan accordingly.

3. Post-Pandemic Recovery and Growth

From 2021 onwards, there has been a significant recovery and growth in home prices. For instance, the average price in April 2021 was $508,346, which increased to $532,733 in 2022. This recovery phase highlights the potential for growth in property value post-crisis. For investors, this is a positive indicator of market stability and future gains.

1. Seasonal Variations in Prices

The data shows seasonal variations, with prices typically higher in spring and summer months. For example, in June 2022, the average price was $518,049, compared to $490,700 in November. Buyers might find better deals during the winter months, while sellers could benefit from listing their properties in the peak seasons of spring and summer.

2. Yearly Comparisons and Trends

Comparing year-on-year data provides insights into market trends. For instance, prices in 2024 have surpassed those in previous years by a significant margin. Such comparisons help in understanding the long-term appreciation of property values in Calgary, aiding both buyers and investors in making long-term financial plans.

3. Market Stability in 2022 and 2023

Despite fluctuations, the market showed stability in 2022 and 2023, with prices hovering around $500,000 to $550,000. This stability is a good sign for buyers and investors looking for predictability in their investments. Sellers can also take advantage of stable market conditions to plan their sales strategy.

The Calgary real estate market has demonstrated resilience and growth, especially in 2024. Understanding these trends helps buyers, sellers, and investors make informed decisions. Whether you’re looking to buy, sell, or invest, staying informed about market dynamics is key to success in Calgary’s real estate landscape.

The housing market has taken an unexpected turn, and savvy buyers and sellers are sitting up and taking notice. Recent data reveals a dramatic shift that could reshape your real estate strategy.

Active listings have skyrocketed since the start of 2024, nearly doubling from January to June. This flood of new properties on the market marks a stark contrast to the inventory shortages we've seen in recent years. But what's driving this sudden surge?

Experts point to several factors:

1. Rising interest rates cooling buyer demand
2. Homeowners finally feeling confident enough to sell
3. New construction picking up pace

But here's where it gets interesting: despite the influx of listings, sales haven't kept pace. The gap between active listings and completed sales has widened significantly, especially in the last few months.

What does this mean for you?

For buyers:
You might finally have more options and potentially more bargaining power. The days of frenzied bidding wars could be waning.

For sellers:
While there's more competition, the right pricing strategy can still attract serious buyers in this evolving market.

The takeaway?
Whether you're looking to buy or sell, understanding these trends is crucial. The real estate landscape is shifting, and staying informed is your best tool for navigating this new terrain.

Keep an eye on these trends as we move into the latter half of 2024. The real estate rollercoaster shows no signs of slowing down, and the next turn could be just around the corner.

Calgary's real estate market has been a rollercoaster ride over the past year, but the latest foreclosure data reveals a startling trend that could spell disaster for homeowners and opportunity for savvy investors. Let's dive into the numbers and uncover what's really happening behind the scenes.

The graph we're examining today tracks Calgary foreclosures from July 2023 to June 2024, showing both active listings and sales. At first glance, it might seem like a jumble of blue and orange bars, but there's a story hidden in this data that demands our attention.

Let's start with the good news: foreclosure sales have generally been on a downward trend since the beginning of 2024. In February, we saw a spike with 27 sales, but that number quickly dropped to 13 in March and has remained relatively low since then. June 2024 shows only 6 foreclosure sales, the lowest point in the entire year.

But here's where things get interesting – and potentially alarming.

While sales have been decreasing, active listings have been on a wild ride. They peaked in November 2023 with a whopping 39 listings, then took a nosedive to just 25 in February 2024. Since then, we've seen a steady climb back up, with June 2024 showing 19 active foreclosure listings.

Now, you might be thinking, "19 listings isn't that bad, right?" Wrong. Here's why this number is setting off alarm bells in the real estate community:

1. The Widening Gap: Notice how the blue bars (active listings) are getting taller while the orange bars (sales) are shrinking? This indicates a growing inventory of foreclosed properties that aren't being absorbed by the market.

2. Seasonal Patterns Disrupted: Typically, we'd expect to see more activity in the spring and summer months. But this graph shows an atypical pattern, suggesting underlying economic factors at play.

3. The Calm Before the Storm: The relatively low number of current listings could be misleading. Banks often hold onto foreclosed properties, releasing them gradually to avoid flooding the market. The steady increase we're seeing could be the beginning of a much larger wave.

4. Economic Indicators: While not shown in this graph, it's crucial to consider broader economic factors. Rising interest rates, inflation, and potential job losses in key sectors could all contribute to a surge in foreclosures in the coming months.

5. The Ripple Effect: As more foreclosures hit the market, overall home values in Calgary could be negatively impacted, potentially pushing more homeowners underwater on their mortgages and creating a vicious cycle.

So, what does this mean for you?

For Current Homeowners:

- If you're struggling with your mortgage, act now. Reach out to your lender about potential modification options.

- Consider selling before a potential market downturn if you're in a precarious financial position.

- Stay informed about local economic trends that could impact your home's value.

For Potential Buyers:

- Keep a close eye on foreclosure listings. There may be opportunities to snag properties at below-market rates.

- Be cautious, though. A flood of foreclosures could drive down overall home values, so think long-term.

- Consider working with a real estate agent who specializes in foreclosures to navigate this tricky market.

For Investors:

- The growing inventory of foreclosures could present lucrative opportunities, especially if you have the capital to renovate and flip properties.

- Research neighborhoods carefully. Some areas may be hit harder than others by this trend.

- Be prepared for potential competition from large investment firms if the foreclosure market heats up significantly.

While it's impossible to predict the future with certainty, the data paints a concerning picture for Calgary's housing market. The key takeaway? Whether you're a homeowner, buyer, or investor, now is the time to stay vigilant and prepared.

Keep a close eye on foreclosure trends in the coming months. If the gap between active listings and sales continues to widen, it could signal the beginning of a major shift in Calgary's real estate landscape. Those who are prepared and informed will be best positioned to weather the storm – or even capitalize on the opportunities it may bring.

Remember, in real estate, as in life, knowledge is power. Stay informed, stay proactive, and you'll be ready for whatever the market throws your way.

The CREB Daily Housing Summary provides up-to-date statistics on Calgary's real estate market, including the number of new listings, sales, and the average price of homes. It highlights key market trends and offers insights into the performance of different property types, such as detached homes, apartments, and townhouses. The report also compares current data with previous periods to show market changes over time.

For detailed statistics, visit CREB Daily Housing Summary https://www.creb.com/Housing_Statistics/Daily_Housing_Summary

Understanding Calgary's Real Estate Market with CREB's Daily Housing Summary

In today's fast-paced real estate market, staying informed is crucial for buyers, sellers, and investors. The Calgary Real Estate Board (CREB) provides an invaluable resource through its Daily Housing Summary, offering a snapshot of current market conditions.

Key Insights for Buyers

For buyers, the summary includes the latest data on new listings, sales figures, and average home prices. This information helps buyers understand the market dynamics and make informed decisions about when and where to buy. Knowing the number of new listings can help identify potential opportunities, while sales figures and price trends provide a sense of the market's competitiveness and overall health.

Valuable Data for Sellers

Sellers can leverage this data to set realistic prices for their properties. Understanding the average prices and sales volume in their neighborhood allows sellers to price their homes competitively, increasing the likelihood of a quick sale. Additionally, tracking market trends can help sellers decide the best time to list their property to maximize their return.

Strategic Insights for Investors

For investors, the CREB Daily Housing Summary is a goldmine of information. By analyzing trends in different property types—such as detached homes, apartments, and townhouses—investors can identify which segments are performing well and adjust their strategies accordingly. This data-driven approach helps investors make informed decisions about where to allocate their resources for the best returns.

Conclusion

Overall, the CREB Daily Housing Summary is an essential tool for anyone involved in Calgary's real estate market. By providing up-to-date and detailed market statistics, it empowers buyers, sellers, and investors to make informed and strategic decisions. For the latest market insights, visit [CREB Daily Housing Summary](https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/).

Staying informed and adapting to market trends can make a significant difference in achieving success in real estate. Utilize the resources available through CREB to stay ahead in Calgary's dynamic housing market.

The latest CREB stats for May 2024 indicate notable trends across the entire Calgary residential market. Here are the key highlights:

1. Sales Growth:

• Sales slightly decreased to 3,092 units in May 2024 from 3,117 units in May 2023.

• Year-to-date (YTD) sales have increased, with 12,412 sales in 2024 compared to 11,162 in 2023.

2. New Listings and Inventory:

• New listings have grown significantly, with 4,333 new listings in May 2024 compared to 3,650 in May 2023.

• The total inventory has increased to 3,402 units in May 2024 from 3,214 in May 2023.

3. Days on Market:

• The average days on market have decreased, indicating a faster-paced market. In May 2024, it stands at 19 days, down from 24 days in May 2023.

4. Pricing Trends:

• The benchmark price for residential homes has risen to $605,300 in May 2024, compared to $552,700 in May 2023.

• The median price increased from $507,000 in May 2023 to $562,500 in May 2024.

• The average price saw a significant increase, reaching $612,772 in May 2024 from $552,412 in May 2023.

5. Price Range Sales:

• There has been notable growth in sales across higher price ranges. For example, sales in the $700,000 - $749,999 range increased from 163 units in May 2023 to 186 units in May 2024.

• Higher price brackets, such as $1,000,000 - $1,299,999, also saw substantial growth, with sales rising from 84 units in May 2023 to 132 units in May 2024.

6. Market Trends:

• The average price, median price, and benchmark price have all seen a year-over-year increase, indicating overall price appreciation in the market.

• The months of inventory have trended downward, suggesting a tightening market with increased demand relative to supply.

In summary, the Calgary residential market is experiencing robust growth with increased new listings, higher prices, and a quicker turnover rate, reflecting strong demand and a healthy market environment.

We offer free home evaluations for home sellers and ready to help home buyers anytime. 

The latest CREB stats for May 2024 indicate important trends in the Calgary townhome market. Here are the key highlights:

1. Sales Growth:

• Sales have increased to 540 units in May 2024, up from 496 units in May 2023.

• Year-to-date (YTD) sales have risen, from 1,822 in 2023 to 2,119 in 2024.

2. New Listings and Inventory:

• New listings have grown significantly, with 688 new listings in May 2024 compared to 562 in May 2023.

• The total inventory has increased to 424 units in May 2024 from 406 in May 2023.

3. Days on Market:

• The average days on market have decreased, indicating a faster-paced market. In May 2024, it stands at 18 days, down from 20 days in May 2023.

4. Pricing Trends:

• The benchmark price for townhomes has risen to $462,500 in May 2024, compared to $387,800 in May 2023.

• The median price increased from $386,750 in May 2023 to $457,500 in May 2024.

• The average price saw an increase, reaching $473,913 in May 2024 from $406,597 in May 2023.

5. Price Range Sales:

• There has been notable growth in sales across higher price ranges. For example, sales in the $450,000 - $499,999 range increased from 55 units in May 2023 to 122 units in May 2024.

• Higher price brackets, such as $500,000 - $549,999, also saw substantial growth, with sales rising from 43 units in May 2023 to 76 units in May 2024.

6. Market Trends:

• The average price, median price, and benchmark price have all seen a year-over-year increase, indicating overall price appreciation in the market.

• The months of inventory have trended downward, suggesting a tightening market with increased demand relative to supply.

In summary, the Calgary townhome market is experiencing robust growth with increased new listings, higher prices, and a quicker turnover rate, reflecting strong demand and a healthy market environment.

We offer free home evaluations for home sellers and ready to help home buyers anytime. 

The latest CREB stats for May 2024 indicate notable trends in the Calgary detached home market. Here are the key highlights:

1. Sales Growth:

• Sales slightly decreased to 1,385 units in May 2024 from 1,485 units in May 2023.

• Year-to-date (YTD) sales have increased, with 5,538 sales in 2024 compared to 5,283 in 2023.

2. New Listings and Inventory:

• New listings have risen significantly, with 2,036 new listings in May 2024 compared to 1,795 in May 2023.

• The total inventory has increased to 1,596 units in May 2024 from 1,484 in May 2023.

3. Days on Market:

• The average days on market has decreased, indicating a faster-paced market. In May 2024, it stands at 18 days, down from 22 days in May 2023.

4. Pricing Trends:

• The benchmark price for detached homes has risen to $761,800 in May 2024, compared to $674,000 in May 2023.

• The median price increased from $657,464 in May 2023 to $730,000 in May 2024.

• The average price saw a significant increase, reaching $822,873 in May 2024 from $733,230 in May 2023.

5. Price Range Sales:

• Sales have increased in higher price ranges. For example, sales in the $700,000 - $749,999 range increased from 143 units in May 2023 to 168 units in May 2024.

• Higher price brackets, such as $1,000,000 - $1,299,999, also saw substantial growth, with sales rising from 70 units in May 2023 to 106 units in May 2024.

6. Market Trends:

• The average price, median price, and benchmark price have all seen a year-over-year increase, indicating overall price appreciation in the market.

• The months of inventory have trended downward, suggesting a tightening market with increased demand relative to supply.

In summary, the Calgary detached home market is experiencing robust growth with increased new listings, higher prices, and a quicker turnover rate, reflecting strong demand and a healthy market environment.

We offer free home evaluations for home sellers and ready to help home buyers anytime. 

The latest CREB stats for May 2024 indicate a strong performance in the Calgary condo market. Here are the key highlights:

1. Sales Growth:

• Sales have increased to 908 units in May 2024, up from 857 units in May 2023.

• Year-to-date (YTD) sales have also risen, from 3,077 in 2023 to 3,669 in 2024.

2. New Listings and Inventory:

• New listings have grown significantly, with 1,249 new listings in May 2024 compared to 1,025 in May 2023.

• The total inventory has also increased to 1,110 units in May 2024, from 1,090 in May 2023.

3. Days on Market:

• The average days on market has decreased, indicating a faster-paced market. In May 2024, it stands at 22 days, down from 29 days in May 2023.

4. Pricing Trends:

• The benchmark price for condos has risen to $340,500 in May 2024, compared to $288,900 in May 2023.

• The median price has slightly decreased from April 2024 ($330,000) to May 2024 ($327,550), but overall, it shows an increase from May 2023 ($277,500).

• The average price saw an increase, reaching $349,154 in May 2024 from $307,504 in May 2023.

5. Price Range Sales:

• There has been a notable increase in sales across higher price ranges. For instance, sales in the $300,000 - $349,999 range increased from 151 units in May 2023 to 225 units in May 2024.

• Higher price brackets, such as $400,000 - $449,999, also saw substantial growth, with sales rising from 37 units in May 2023 to 83 units in May 2024.

6. Market Trends:

• The average price, median price, and benchmark price have all seen a year-over-year increase, indicating overall price appreciation in the market.

• The months of inventory have trended downward, suggesting a tightening market with increased demand relative to supply.

In summary, the Calgary condo market is experiencing robust growth with increased sales, higher prices, and a quicker turnover rate, reflecting a strong demand and a healthy market environment.

We offer free home evaluations for home sellers and ready to help home buyers anytime.