Mark Neustaedter News Today

Despite strong demand and tight inventory, Calgary remains more affordable than many major cities. These are the neighbourhoods to watch for in 2024.

According to a report from Zoocasa, the average price of a townhome in Calgary grew 17 per cent over last year to $458,100, which is faster than anywhere else in Canada. 

Higher demand for townhomes driven by first-time home buyers, downsizers and those seeking affordability.

Higher demand for townhomes driven by first-time home buyers, downsizers and those seeking affordability.

High interest rates provide little incentive for holders of low fixed rates to move, dampening supply and helping to drive up prices.

Growth in emerging sectors, such as tech, is also boosting moves to city and home sales.

Prices for apartment-style condos are rising at a faster pace than single-detached homes, new study shows.

Mortgage rates may come down, but will home prices goes up?

While low and mid-range priced homes have been in more of a sellers market this summer, the upper end is showing healthy balance.

Edmonton home prices recovered during the pandemic market, achieving new heights for average prices over the previous peaks set in 2014.