CREB® releases Q2 2024 Calgary and region housing market report City of Calgary, July 19, 2024 — The Calgary Real Estate Board (CREB®) has released its Q2 2024 housing market report, providing an overview of the real ..read more

Explore Bowness community real estate information below and become a part of the action in this vibrant neighbourhood Calgary Stampede Breakfast 2024!  Over the years, the area surrounding the Bowness neighbourhood, with a rich history dating back hundreds of years, has changed dramatically but the pace of that change has accelerated in recent years. Despite that, Bowness has managed to keep its small-town atmosphere and has increasingly become a neighbourhood that is sought-after by potential homebuyers. Ken Richter, who is with RE/MAX Real Estate https://www.remaxcentral.ab.ca/commun ..read more

Over the years, the folks at the RE/MAX Real Estate (Central) office in Calgary have made a significant contribution and impact on the Children’s Miracle Network.  Meghan Kociuba, Director, Partnerships, Community Initiatives and Events, Alberta Children’s Hospital Foundation, said RE/MAX has been part of the Children’s Miracle Network for more than 30 years. “All funds raised and donated by RE/MAX in all of Calgary and southern Alberta will come direct to the Alberta Children’s (Hospital). With RE/MAX Central, their agents and brokers support us through a variety of different ways. One o ..read more

Dear Santa, I know you’re pretty busy these days getting ready for your epic journey.  It was great to see you the other day at CF Market Mall and say a brief hello to you as you were getting ready to see the little ones with their smiling faces from ear to ear. You must receive millions of letters each year. I can’t imagine how time-consuming it is for you, but if you have a minute, please read mine and hopefully you can spin your magic and make my wishes come true. I could ask for numerous things in my life like a new vehicle, a fine bottle of Scotch, a vacation to Italy, even secure em ..read more

Although there may not be any snow on the ground right now in Calgary, it’s beginning to look a lot like Christmas. Everywhere you go. And everywhere you go these days in the city you’re bound to run into a variety of Christmas markets from the massive Spruce Meadows International Christmas Market to the European Christmas Village Market in Bearspaw to the Market Collective at the BMO Centre to the smaller ones throughout local neighbourhoods across Calgary. Some markets have come and gone but there are still many that continue in December – and they’re getting busy. Like Spruce Meadows. The s ..read more

Significant shifts are taking place in the Canadian residential mortgage landscape, according to the latest Fall 2023 Residential Mortgage Industry Report by Canada Mortgage and Housing Corporation. “A decline in home sales led to a deceleration in new mortgage activity in the first half of 2023. Despite this slowdown, outstanding mortgage debt continued to rise, particularly for uninsured mortgages. Consumers are moving away from shorter mortgage terms, signaling lower expectations of immediate interest rate decreases. Instead, three-to-five-year terms have become the most preferred choice. T ..read more

October was another solid month for the resale real estate market in Calgary. MLS sales of 2,171 were 17 per cent higher than a year ago and the benchmark price rose by 9.7 per cent from October 2022 to $571,600. Arthur Chan, who is a dual licenced realtor in Ontario and Alberta with RE/MAX Hallmark Realty Ltd. in Toronto and RE/MAX Real Estate (Central) in Calgary, says Calgary’s market today reminds him of Toronto 18 years ago. “An upwards projectory has begun and will continue to gain momentum.  The Calgary real real estate market has been stagnant for years due to its smaller populati ..read more

During this year’s Canadian RE/MAX Activate conference in Vancouver, an inaugural 3-on-3 Basketball Tournament was held to raise funds for the Children’s Miracle Network (CMN) and its local foundations.  The tournament occurred on September 26 at Union Basketball in Vancouver, featuring six teams, including one led by Christopher Alexander, President of RE/MAX Canada. David Lem, Managing Broker of RE/MAX Real Estate (Central) in Calgary, who is an experienced referee with a passion for basketball, generously offered his time to officiate the games. He has a history of refereeing at variou ..read more

Interprovincial in-migration continues to push homebuying activity to new limits, as local and out-of-province buyers compete for condominium product in Calgary’s heated apartment market, according to a report by RE/MAX Canada. The RE/MAX 2023 National Condominium Report said Calgary leads the country with a 22 per cent increase in condominium sales, with more than 5,500 units changing hands between January and August of this year, compared to year-ago levels for the same period. Average price year to date has risen in lock step, climbing eight per cent to $301,887, up from $279,306 in 2022 ..read more

The biggest news in the housing market these days is the critically low supply of homes. It’s an issue that all levels of government are now addressing as demand for everything from rentals to homeownership continues to surge in Calgary and across the country. The resale housing market has been dealing with a severe lack of inventory for quite some time now and the situation doesn’t appear to be easing. It’s a classic example of Economics 101 right now in Calgary. Demand is high, supply is low and prices are rising. As of September 20, according to the Calgary Real Estate Board, the average ML ..read more