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Calgary Home Boys Real Estate Blog

Calgary Home SalesThe Calgary Real Estate Board (CREB) recently reported that overall home sales across Calgary dropped by nearly 10% in October, and detached home sales specifically have fallen to a level we haven’t seen since the late 1990s. 

According to CREB, the downward tend is a direct result of stricter mortgage rules, the rising cost of home ownership, and of course job growth that also continues to struggle. 

Despite being labeled a buyer’s market, fewer home buyers are in the market due to the current economic challenges. 

As the market and the economy as a whole continues to recover, many still feel Alberta’s housing market  will eventually make a comeback and start trending in a positive direction within the next 12 to 18 months. 

But until more

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South Calgary Homes For SaleLooking to buy a South Calgary home on a budget? Take a closer look at some of the area's top neighbourhoods for searching homes under $400,000.

Bridlewood

Options in the Bridlewood neighbourhood include homes with three-bedrooms and 2.5-baths, priced under $400,000. The price point also affords some fully fenced-in backyards and the possibility of a large deck for extra living and entertaining space.

Walden

Accented by plentiful surrounding parks and green space, it’s possible to find new construction in Walden. Current options in the neighbourhood include a three-bedroom, 2.5-bath home, priced under $400K.

Silverado

A newer construction townhouse or a cozy detached home can be found for around the same price point in Silverado. The

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Calgary New Construction HomesCalgary home prices are continuing to drop, according to recently released data from he Canada Mortgage and Housing Corp. Detailed in its quarterly Housing Market Assessment, the CMHC suggests the local housing market is still moderately vulnerable due to overbuilding throughout the area. 

Right now, Calgary is still a strong buyer’s market, and inventory of unsold, newly-built homes continues to outpace demand. As of September of this year, Calgary had 2,087 finished new construction homes that remained unsold, of which half were apartments and condos.  

Despite taking more time than projected, however, the recovery is still moving in the right direction and economic growth continues to trend upward. 

Another problem negatively impacting the

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South Calgary Luxury Homes For SaleLooking to buy a luxury home in South Calgary? As one of the city's fastest-growing districts, South Calgary features a wide-range of luxury homes that have offer a whole lot of appeal and desirability to today's active home buyers. We explore a few options below.

Eagle Ridge

With plenty of curb appeal, the homes of Eagle Ridge also enjoy an excess of private amenities. Typically ranging from $1 million to $2 million, homes in this area generally offer a large amount of square footage, situated close to sailing, boating, bike paths and other outdoor recreational opportunities at nearby Glenmore Reservoir.

Bayview

Additional luxury options are found in Bayview. This affluent community offers several homes topping $1 million, some with the added

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Calgary Lofts For SaleLoft-style condos and apartments feature some of the more unique living spaces in all of Calgary. Wide open floor plans, incredibly high ceilings, and all sorts of industrial-inspired finishes like exposed beams and duct work help give many lofts an urban-chic atmosphere that’s hard to pass up if you’re a city dweller looking for the right new place to call home. And if you’re someone who’s currently in that category, here’s a closer look at where you might just find the right place heading into 2019. 

Lewis Lofts

The Lewis Lofts building may just be Calgary’s most iconic loft conversion. Built back in 2010, the former warehouse now boasts some of the city’s coolest loft-style condos with common interior finishes including exposed brick, hardwood

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Family Friendly Events in Calgary This FallLooking for something to do this fall in Calgary? From pumpkins and costume parties to games and more, there are plenty of upcoming family-friendly events and festivals planned all over town this year. Here's a look at just a few of them...

Autumn Pumpkin Festival Calgary- Starting Sept 29

Calgary Corn Maze

The Autumn Pumpkin Festival Calgary kicks off starting the last weekend of September, with plenty of fall-inspired fun. From face painting and pony rides to crafts, pig races, a petting farm and a corn maze, it’s all happening at the Calgary Corn Maze.

Halloweekends- Now-Oct 8

Calaway Park

Calaway Park is the place to be this fall, with Halloweekends running through October 8. From Hallo-Street to a costume party, expect plenty of

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Calgary Condos Top AmenitiesBuying a condo often means you're not only looking for a great living space but also a few extra community or building features that can range anywhere from a swimming pool to a state-of-the-art exercise facility. And if you're a Calgary home buyer who puts an emphasis on amenities and common area features, here's a quick look at where you may want to begin your new condo search... 

The Marquis

An easy walk from the market, area attractions and parks, The Marquis also offers up some top amenities that are hard to beat. The condo building overlooks the river with rooftop terraces and balconies, underground parking and an exercise room. 

The Barclay

Also a short walk from everything you need and want, The Barclay enjoys easy access to the river,

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Calgary New Construction Real Estate NewsIn case you missed it, the Calgary city council recently voted in favor of 14 new communities to be built throughout the area suburbs over the coming years, allowing officials to appropriately plan for future infrastructure investments, fire halls, and other city services needed for continued growth and sustainability.

Per the release, eight of the 14 areas for development will be located on the north / northeast side of the city, while the remaining communities will be situated around the east, southeast, and southwest sides.

When finished, each of the new communities combined could bring as many as 18,000 new single-family residences and 9,000 new multi-family units.

The official breakdown as to where these new communities can be built is as

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Calgary New Construction HomesConstruction started on just under 201,000 homes last month in Canada at a seasonally adjusted annual pace, representing a 2.3% decline according to figures from Canada Mortgage and Housing Corp.

With multi-unit project starts down 2.4% and detached single-family starts down 2.6%, economists are projecting a pace of roughly 216,300 units.

Residential construction throughout Canada has been steadily dropping dating back to late last year and throughout early 2018. Higher interest rates and tighter lending regulations are certainly two of the primary causes for the decline, and at the current pace, Canada is on pace for the slowest third quarter since 2016 in terms of new home starts.

Montreal and Toronto led the way as far as the biggest drop-off, showing a

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Luxury New Construction Homes CalgaryNew construction single-family homes can be found all over Calgary right now, but if you're also looking for a luxury home that includes all the bells and whistles, here are just a few places where you might want to begin your search. 

Elbow Park

The fabulous Elbow Park neighbourhood offers up some sensational options in new construction homes. Luxury opportunities in this area include custom-built homes priced upwards of $2 million in a contemporary design.

Upper Mount Royal

Other luxury options include a new construction home in Upper Mount Royal priced upwards of $4 million. This price point affords six-bedrooms and more than 4,000 square feet of living space.

Altadore

With plenty of options in luxury real estate itself, Altadore

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