home equity

Calgary

June 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere

June 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere As we step into the second half of the year, the Calgary real estate market continues to show dynamic changes. June brought both challenges and opportunities, with significant insights into sales trends, pricing, and inventory levels. Let's dive into the details and understand what these mean for buyers and sellers...

Bank of Canada

What impact might the Bank of Canada’s recent interest rate reduction have on Calgary’s seller’s market?

What impact might the Bank of Canada's recent interest rate reduction have on Calgary's seller's market? In a significant move, the Bank of Canada has reduced its policy rate by 25 basis points. This decision is poised to have far-reaching effects on the Canadian economy, particularly in the vibrant real estate market of Calgary. In this blog, let’s explore the implications of this rate cut and what it...

May stats

May 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere

May 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere In May, Calgary's real estate market witnessed a total of 3,092 resale home sales, showcasing a nearly one percent decrease compared to the previous year's record high. However, this figure remained 34 percent higher than long-term trends for the month, highlighting the market's underlying strength. The decline in sales was...

amortization

Should you extend your amortization period?

If you're a first-time home buyer in Canada, navigating the complexities of the real estate market and mortgage options can be daunting. The recent announcement by the federal government to extend the amortization period for mortgages from 25 to 30 years has likely caught your attention. This decision has significant implications for individuals like yourself who are considering taking the leap into...

April Market Report

April 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere

April 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere In April 2024, Calgary's real estate market continued to favor sellers, with conditions driving further price gains across all property types and districts. The persistent seller's market, coupled with low inventory levels and high demand, has led to substantial year-over-year price increases, particularly in the more affordable...

How to prepare your home for a quick sale

How to prepare your home for a quick sale?

How to prepare your home for a quick sale? In Calgary's bustling real estate market, selling your home quickly can seem like a daunting task. However, with the right strategies and expertise, it's entirely achievable. At Team Singh YYC, we understand the nuances of the Calgary real estate market and are here to guide you through the process. Whether you're a seasoned seller or a first-time homeowner...

March insights

March 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere

March 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere March witnessed an extraordinary surge in Calgary's real estate market, marked by robust seller's market conditions and significant price escalations across various property segments. Notably, in March, the unadjusted total residential benchmark price rose to $597,600, reflecting a notable two percent gain over the previous...

Realtor

Why should you hire a realtor?

Why should you hire a realtor?  Are you considering a real estate venture and contemplating whether to navigate it alone or enlist the help of a professional? In this blog, we'll delve into the pivotal question: Why should you hire a realtor? The real estate landscape can be complex, and having a knowledgeable guide by your side can make a substantial difference. Let's explore the reasons why...

sell your home

How do you sell your home effectively?

How do you sell your home effectively? Are you planning to sell your home? The decision to sell is a significant step, and navigating the process effectively requires careful planning. In this blog, we'll explore the key strategies and insights to help you sell your home successfully, empowering you to make informed decisions in the ever-evolving real estate market. Whether you're in a vibrant community...

February 2024

February 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere

  February 2024 housing and rental statistics in Calgary, Airdrie, and Chestermere As we dive into the details of Calgary's real estate market for February 2024, the trends continue to reflect a dynamic landscape, marked by rising new listings and robust sales growth.  Sales and New Listings In a month that saw 2,711 new listings, sales surged by nearly 23%, totaling 2,135 units. The...

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