Price gains continue in Calgary's real estate market as inventory remains low

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Both sales and new listings improved over levels reported last October. However, with 1,302 new listings this month and 976 sales, inventory levels slowed over the last month. Inventory levels remain the lowest ever reported for October. Inventory levels have declined for all homes priced below $700,000, leaving conditions exceptionally tight for lower-priced homes. The only area where conditions are not as tight as last year is for homes priced above $1,00,000, where the months-of-supply has risen to 4.3 months.
 
Persistently tight conditions continue to cause further price gains in the detached market. As of October, the unadjusted benchmark price reached…

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Coming Soon - 554 Marine Drive SE

Embrace the pinnacle of lakeside luxury living with this exceptional Calbridge Lottery Home Inspired 1-year-old home nestled along the tranquil shores of Mahogany Lake. Including over 5000 sq.ft of meticulously designed living space and a generous 54 feet of pristine lakefront, complete with your very own private dock, this residence promises an unparalleled lifestyle that dreams are made of. Step inside this architectural masterpiece, where no detail has been spared. The kitchen is a symphony of modernity and elegance, adorned with top-of-the-line Miele appliances, breathtaking 3” quartz countertops, quartz backsplash, and custom floor-to-ceiling wine feature and the built-in Coffee Machine. Entertain…

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14 New Communities in Calgary, Alberta in 2024

Explore 14 new communities in Calgary, Alberta, Canada under construction in 2023-24.

Find your perfect new condo, townhome, or single family home for sale in Canada’s fastest-growing province. Each of these new Calgary communities is already approved by Calgary City Council and is now under development or coming soon in 2024+.

 

Alpine Park aerial rendering. New housing development in Calgary, Alberta 

Alpine Park

Alpine Park, located in Calgary's southwest quadrant, is a dynamic new 476-acre community by Dream Unlimited. This innovative housing development draws inspiration from the city's natural and architectural history, combining mountain, urban, and prairie influences to create a unique urbanist design.

With a wide range of housing options – including…

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Coming Soon - 313 Silverado Way SW

Step into this residence nestled in the sought-after community of Silverado. This home offers 4 generously-sized bedrooms and 3.5 bathrooms, ensuring ample space for family and guests alike. As you enter, you're immediately greeted by the cozy living room, paired with an inviting sitting area. The gleaming hardwood floors not only add a touch of elegance but also exude warmth and charm throughout the home. Flowing seamlessly from the living space, the kitchen flaunts polished granite countertops, providing both functionality and a modern aesthetic. Adjacent to the kitchen is a welcoming dining area, offering the perfect space for intimate dinners and gatherings, with no barriers in between. Venture…

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Calgary home sales at record highs in September, yet supply remains a challenge

Detached

Inventory levels remained at record lows for the month as the sales-to-new listings ratio remained relatively high at 76 per cent. The decline in inventory levels has been driven by homes priced below $700,000, as supply levels show some improvement for homes priced above this level. While detached sales improved over levels reported last year, much of the gains were driven by the higher-priced properties with some supply options. Overall, homes priced below $700,000 continue to struggle with less than one month of supply.
 
Despite persistently tight market conditions, the unadjusted benchmark price remained relatively stable this month compared to last…

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Coming Soon - 273 Auburn Shores Way SE

Prepare to be captivated by this stunning house nestled in the highly desired community of Auburn Bay. Elegantly designed with meticulous attention to detail, this home offers a plethora of exquisite features. Step inside to be greeted by a spacious open floor plan flooded with natural light. The kitchen, the heart of this home, features high-end built-in appliances, a practical pantry, and a tasteful design that seamlessly complements the rest of the living space. Cozy up by the gas fireplace during those cooler evenings, and delight in the added comfort of air conditioning during summer months. With 4 generous bedrooms, this home offers ample space for family and guests. As you ascend to the…

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Get to Know Seton Ridge, Calgary

A Tranquil Residential Community in South East Calgary

Seton Ridge is a brand new residential community under development by Brookfield Residential in the Ricardo Ranch area of South East Calgary.

Building on the success of Seton, Brookfield Residential is set to create another exceptional community with a family-oriented master plan, affordable new homes, and a diverse range of real estate options.

Seton Ridge’s prime location in the South East quadrant of Calgary offers a prime location close to the thriving, amenity-rich neighborhoods of Seton, Mahogany, and Auburn Bay.

What is Seton Ridge? New Homes Development on the Bow River in SE Calgary, AB

Seton Ridge Calgary is a 134 hectare subdivision that’s…

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August sees record-high sales amidst historic low inventory, pushing prices higher.

 

Detached

Record low inventory levels this month were primarily driven by pullbacks for homes priced under $700,000. While new listings did improve compared to last year, most of the growth was driven by homes priced over $700,000. August sales did improve over last year’s levels. However, limited supply in the lower price ranges has likely prevented stronger detached home sales.

Persistently tight conditions drove further price gains this month. As of August, the unadjusted benchmark price reached $696,700. Nearly one per cent higher than last month and over 10 per cent higher than last year's levels. The highest year-over-year price gains occurred in the most…

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Discover The 11 Best Neighbourhoods in Calgary for Families in ‘23/24 | Find Your Ideal Community

Calgary, Alberta is a family-friendly city with a myriad of activities perfect for all ages, including the vibrant Calgary Zoo with its diverse wildlife exhibits, the iconic Calgary Tower with breathtaking panoramic views, and the annual Calgary stampede in Victoria Park.

If you’re moving here with children, choosing the right Calgary neighbourhood is just as important as choosing the right Calgary home.

Most families seek neighbourhoods with safety, quality schools, excellent amenities, and a strong sense of community. In this blog, we will explore the top 10 neighborhoods in Calgary that are specifically tailored to meet those needs.

Whether you…

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Discover Nostalgia Calgary: A New Community in South east Calgary, AB

Welcome to Nostalgia, Calgary — a brand new master-planned community now under development by Jayman Living in Southeast Calgary, Alberta that’s set to launch in 2024 or 2025.

Located on a 210 hectare parcel of land in Calgary’s deep south, Nostalgia Calgary is set to accommodate 15,000 residents in a variety of home styles by Jayman BUILT.

Key features of Nostalgia in SE Calgary:

  • New estate properties, single-family detached homes, seniors living residences, townhomes, and condos

  • A grid street network with rectangular and L-shaped city blocks

  • A main street with a community plaza, boutique retailers and local service providers

  • Innovative commercial…

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