Best places to buy real estate in Calgary
Despite strong demand and tight inventory, Calgary remains more affordable than many major cities. These are the neighbourhoods to watch for in 2024.
Stay updated with breaking news from Mark Neustaedter. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.