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How to "hail-proof" your roof before Calgary's next big storm

Thu, 04 Jun 2026 11:52:00 -0600

A little preparation can help your home's roof emerge unscathed the next time golf-ball-sized ice chunks start falling from the sky.

"Hail eats standard laminate architectural shingles like sugar eats kids' teeth," said Anthony Babin, owner of A.B's Roofing & Contracting. "The best protection is found in metal, rubber and tile roofs, followed by those with Class 3 or Class 4 high-impact-resistant shingles."

Of course, protection comes at a cost. While standard shingles will run a homeowner around $2.30 - $3.50 per square foot, depending on the contractor, impact-resistant shingles range from $3.50 - $5.00 per square foot. Rubber, metal and tile come in at $5.00 - $8.00 per square foot.

Fortunately, most roofs are built to last, so that upfront cost can be a solid investment.

"The average lifespan for standard architectural shingles is 15 – 25 years, and the majority come with a limited lifetime warranty," said Babin. "While warranties for other material like rubber, metal and tile differ among manufacturers, they generally range from 25 – 50 years."

The choice of material will also impact ease of installation. All asphalt shingles are fairly easy to install, as is rubber, while metal can be more technical.

"With asphalt, you put underlay on and install the shingles right over top, but metal requires a different underlay and strapping on the roof deck," said Babin.

"This allows you to elevate the roof and still have the ability for air to transfer through the space, avoiding issues with mould or condensation. Tile roofs can equal metal in terms of complexity, depending on the design."

Apart from choosing the right roofing material, the key to proper protection during the next hailstorm comes down to general maintenance.

"So many homes are way past due for maintenance, so the biggest thing I stress is being proactive with your property," said Babin. "We see the most problems with older homes, and often with rental properties where the owner may be trying to squeeze every dollar they can from the property without doing maintenance."

Homeowners are encouraged to regularly inspect their property and have a roofer or contractor with verified credentials examine their roof if they believe there might be an issue.

"Spring is a good time to look at your roof, as it has just gone through the freeze/thaw cycle that can cause a lot of damage to shingles."

As with any house-related project, owners should do their homework before hiring a professional.

"Check references on a contractor and ask to see their portfolio, then check that they have general liability insurance and WCB coverage," said Babin. "At the end of the day, this will ensure that the work is done properly and at a reasonable price."

The value of Calgary's walkable communities

Thu, 04 Jun 2026 11:46:00 -0600

With more than 40 kilometres of missing sidewalks, Calgary has historically been known as a car city, but changing demographics have demonstrated a shift in preferences.

From young professionals from Toronto and Vancouver who made Calgary their new home to lifelong Calgarians looking to downsize, this new audience looks for an inter-connected urban lifestyle that offers ease and convenience.

But what does walkable mean? Walkability refers to the design and accessibility of neighbourhoods that support walking as a primary mode of transportation.
Walking has minimal impacts on the environment and is strongly associated with positive physical, mental and social health benefits.

Walkable communities in Calgary

Some of Calgary’s oldest neighbourhoods such as Inglewood and Kensington are walkable by nature. Here’s a breakdown of other walkable communities in the city, by quadrant:

• NW: Hillhurst, Sunnyside
• NE: Bridgeland, Riverside, Crescent Heights
• City Centre: East Village, Downtown West End, Beltline, Eau Claire
• SW: Lower Mount Royal/Mission, Sunalta, Marda Loop
• SE: McKenzie Town

Actual property value

Many of Calgary’s walkable communities (as you read above) are located in high-demand areas with increased property value.

In addition, a property in a neighbourhood with a high walking score may get more demand during a resale but also appeal to renters and investors due to neighbourhood buzz.

Things to look out for

When searching for a property in a walkable neighbourhood, it doesn’t hurt to pay close attention to the crosswalks, street lighting and the services nearby that will make it a convenient neighbourhood to live in.

If there’s a specific neighbourhood you’re thinking of – don’t be shy. Consider visiting the area and walk around to experience it and get a sense of how it would be to live there. Is it too quiet or too loud? Take your time to pay attention to the details.

Talk to your REALTOR^®

Your REALTOR^® will know more details you might not have thought about. Are there any events throughout the year or plans for further neighbourhood development and construction? You can count on your REALTOR^® to help you make an informed decision.

Overall, Calgary’s walkable communities provide high value, not only for the property but also on intangible assets such as improved health, convenience and a sense of familiarity and community. You may also be more likely to support the local economy and save time by not driving to the mall as much.

Apartment prices ease as inventory remains elevated

Mon, 01 Jun 2026 11:42:37 -0600

In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 per cent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down three per cent compared with both last year and long-term trends.

At the same time, sales activity has been slowing. Calgary sales in May were 2,162 units, 16 per cent lower than last year’s levels and similar to sales reported in April. While new listings also slowed by 13 per cent compared with last year, it was not enough to offset the pullback in sales, causing the sales-to-new-listings ratio to ease to 51 per cent. The lower ratio also contributed to some of the inventory build, causing the months of supply to rise. However, conditions do vary across the market, with a range of two-and-a-half months of supply in the detached market to more than five months of supply in the apartment condominium market.

“The shift in supply is being felt in the market. More supply choice in the new and rental markets has created a more competitive environment for potential buyers. At the same time, concerns over rising cost of living and slower migration are also weighing on consumers,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “While this has caused the overall resale market to shift to a balanced state, the supply pressure is having a more prevalent impact for apartment-style units, where conditions are favouring the buyer. This is also impacting price movements, with apartment prices continuing to trend down and other property types reporting a seasonal lift over the winter months.”

The unadjusted total residential benchmark price in May was $570,500, up over April’s levels and the $554,400 reported in January, but still three per cent lower than last May. Most of the unadjusted monthly gain was driven by detached homes, which rose from $724,000 in January to $747,800 in May. Apartment prices remain lower than January levels and are nine per cent lower than levels reported last May. Overall, when adjusting for seasonality, total residential prices have remained relatively stable, as detached improvements have offset pullbacks for apartment-style homes.

Detached

Detached new listings reached 2,195 units in May compared with 1,192 sales, causing the sales-to-new-listings ratio to ease to 54 per cent compared to the higher levels reported over the past three months. This supported a monthly lift in inventory levels, but supply remained three per cent lower than levels reported last year at this time. With two-and-a-half months of supply, conditions remain relatively balanced and are supporting stability in seasonally adjusted prices. Within the detached market, there is some significant variation. While year-to-date sales have slowed by four per cent, there have been gains for the lowest-priced (under $600,000) and highest-priced ($1.5 million and up) homes. Within each district, conditions ranged from a seller’s market in the West district to a buyer’s market in the North East district. The variation is also impacting price movements. The North East district is reporting the highest year-over-year decline at seven per cent. Meanwhile, thanks to recent gains, the West district has seen prices remain consistent with levels reported last year.

Semi-Detached

Both sales and new listings in May remained at levels similar to the previous month. With 217 sales and 375 new listings, the sales-to-new-listings ratio was 58 per cent, supporting some modest improvements in inventory levels. Despite inventory improvements, conditions remained relatively balanced, with months of supply sitting at just under three months. Unadjusted benchmark prices continued to rise in May, reaching $691,100. This is an improvement over the $667,000 reported in January, but still one per cent lower than levels reported in May 2025. Like the detached sector, conditions vary significantly across the city. Prices have been trending up across most districts. Meanwhile, year-to-date new record-high prices have been reported in the North West and West districts.

Row

Following April’s gains, May sales slowed, adding to the year-to-date decline of 16 per cent. The 350 sales were met with 695 new listings, causing the sales-to-new-listings ratio to fall to 50 per cent in May. This also resulted in slight gains in inventory levels, pushing the months of supply up above three months. While there is more supply compared to several years ago, prices have still reported some modest gains compared with earlier in the year. The unadjusted benchmark price was $422,300 in May. Prices have improved since the beginning of the year, but remain over six per cent lower than last year’s levels. The largest year-over-year declines occurred in the North East and East districts, where prices fell by more than 10 per cent. The West district reported the smallest decline at nearly four per cent.

Apartment Condominium

Additional supply choice in the rental and new-home markets is heavily weighing on resale condominiums. Sales continued to slow into May, contributing to a year-to-date decline of nearly 28 per cent. At the same time, while new listings are not as high as last year, the 403 sales compared to 961 new listings caused the sales-to-new-listings ratio to fall to 42 per cent, keeping inventories elevated. With supply levels remaining elevated and demand easing, the months of supply has pushed above five months, creating conditions favourable to buyers. The excess supply is also weighing on prices, as the unadjusted benchmark price continues to decline. In May, the unadjusted benchmark price was $300,400, lower than January levels and nine per cent below last year’s price. Prices have eased across each district, with double-digit declines occurring in the North East, North, and East districts. The lowest price decline occurred in the North West district at six per cent.

REGIONAL MARKET FACTS

Airdrie

Sales activity continued to slow compared to last year, bringing levels more consistent with long-term trends. At the same time, new listings have started to ease compared to last year. Overall, with a sales-to-new-listings ratio of 53 per cent and months of supply of just over three months, conditions in the resale market are relatively balanced. The total residential benchmark price was $515,000 in May, an improvement compared to January levels, but still five per cent lower than levels reported last year at this time. Added competition from the new-home market and more supply in surrounding areas and the city are weighing on prices in the Airdrie market.

Cochrane

Unlike other areas, sales in Cochrane continue to rise over last year’s levels and are higher than long-term trends. The 115 sales this month were met with 188 new listings. The improvement in new listings compared with sales did help bring the sales-to-new-listings ratio down from the previous month, but at 61 per cent, it remains higher than many other areas. Inventory levels have also remained relatively stable throughout the spring, keeping the months of supply just below three months. With less inventory build in the Cochrane market, prices continued to trend up, reaching $576,400. While prices are still one per cent lower than last year’s levels, they have continued to improve from the $550,800 price reported at the start of the year.

Okotoks

May reported 72 sales and 121 new listings, pushing the sales-to-new-listings ratio up to 60 per cent. This limited the growth in inventory levels, which remain below long-term trends for the town. While the months of supply has remained relatively low in Okotoks at a little over two months, additional supply just outside the town and in south Calgary has likely prevented some of the upward pressure on home prices. The lower level of sales activity in Okotoks also tends to create more volatility in monthly price movements. In May, the benchmark price was $618,900, down over both April and last year, but still an improvement over levels reported at the beginning of the year.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Spring 50/50 raffle supports housing initiatives across Calgary and area

Thu, 28 May 2026 13:16:22 -0600

Thank you to everyone who purchased a ticket for the CREB® REALTOR® Community Foundation’s Spring 50/50 raffle. With the support of CREB® members and our broader community, this year’s raffle raised a total jackpot of $6,620.

Through the CREB^® REALTOR^® Community Foundation, the remaining proceeds will help support housing and shelter initiatives across Calgary and area.
And now, we’d like to congratulate our winner:

Cheryl Roy (Ticket #: D-2883)

Thank you again to everyone who purchased tickets, shared the raffle and helped make an impact in our community.

As the Foundation continues investing in housing and shelter initiatives across Calgary and area, eligible non-profits are encouraged to explore current grant opportunities through the CREB^® REALTOR^® Community Foundation.

Be sure to keep an eye out for your next chance to win during our Summer 50/50 raffle!

REALTORS Care® Day brings CREB® members together at the Calgary Dream Centre

Thu, 14 May 2026 09:23:41 -0600

There was no shortage of generosity at this year’s REALTORS Care^® Day at the Calgary Dream Centre. On May 12, 66 CREB^® members volunteered their time at the Dream Centre, with many other members contributing donations in the days and weeks leading up to the event.

Together, REALTORS^® helped collect an overwhelming amount of clothing, food and hygiene items while supporting projects throughout the facility.

More than anything, the day was a powerful reflection of what happens when REALTORS^® come together in support of their community.

Members rolled up their sleeves, connected with one another and spent the day giving back to an organization doing important work to support vulnerable Calgarians through housing, recovery and community programs.

REALTORS Care^® Day builds on the CREB^® REALTOR^® Community Foundation’s ongoing partnership with the Calgary Dream Centre, which received the Foundation’s $1 million three-year Legacy Grant in 2025 to support safe, accessible housing in Calgary.

The event also continued the momentum from a previous REALTORS Care^® Day held at the Dream Centre in November 2025, where CREB^® REALTORS^® volunteered sorting donations, preparing meals, organizing the food pantry and helping prepare transitional housing units for repair.

CREB^® would like to thank the Calgary Dream Centre for welcoming volunteers into their space, as well as representatives from CREA for joining volunteers throughout the day and helping make the event even more special.

Most importantly, thank you to every CREB^® member who contributed — whether through volunteering, donating or supporting the initiative behind the scenes. Seeing so many REALTORS^® represented and coming together to make a tangible impact in the community was something truly special.

How to navigate price negotiations during a home purchase

Tue, 05 May 2026 14:16:00 -0600

Finding the right home might still be about location, but when it comes to getting the best deal, the key is negotiation.

"To secure a property at the right price, start with a proper analysis," said Viki Fairbairn, a REALTOR^® and agent with Royal LePage Benchmark in Calgary. "Once you determine the proper price range, you can see if it fits with your comfort level. Ideally, the seller's lowest price and the buyer's highest price should overlap."

Though some REALTORS^®warn against lowballing with the initial offer, Fairbairn sees things differently.

"I don't think any offer is too low, within reason. The right initial offer depends on the market, the buyer and your analysis," she said. "If the buyer and seller have both been properly educated by their agents, there should be no risk of offending with that first offer."

Once you've settled on your offer, it must be sent in writing to the seller, who has the option to accept, reject or counter.

"I don't think any offer is too low, within reason. The right initial offer depends on the market, the buyer and your analysis." - Viki Fairbairn, Royal LePage Benchmark

"If the seller counters, you need to look at everything involved in the offer, including price, possession date, deposit, conditions and terms," said Fairbairn. "Then you can negotiate on any or all of those items, usually with a verbal back-and-forth between the agents. Once everything is agreed upon, both parties initial a conditional offer, which then becomes a firm offer once any conditions are waived."

In terms of purchase price, Fairbairn says the biggest mistake first-time buyers make is buying more house than they can afford.

"You need to consider your total debt service and try to anticipate future expenses," she said. "What if your car breaks down in three years and can't be fixed, but you bought such an expensive house that you're unable to get a car loan?"

The other common misstep is letting emotions cloud judgment.

"Make sure you have your list of what's important to you, so you don't get caught up in the moment with a beautifully staged home," said Fairbairn.

"I had a buyer who hosted card nights every two weeks and needed space for his table. When he was attracted to a particular property, I asked him where he could put his card table, and it turned out there wasn't a good spot for it. If we hadn't talked about that, he would have been unhappy down the road, so you must understand your needs and wants and keep focused on them."

This article was originally published in March 2021.

Why Calgary is one of Canada's best cities to live in

Tue, 05 May 2026 14:06:58 -0600

With a population surpassing 1.6 million, Calgary has become a favourite destination to settle and build a life in. It has also been ranked among the best cities to live in North America and the world—multiple times. Here are some reasons why:

Affordability

With lower home prices and a lower cost of living, Calgary is one of the most affordable major cities in Canada.

As of March 2026, the benchmark price in Toronto for a detached home was $1,007,796, while in Vancouver the price sits at $1,854,800. In Calgary, the benchmark price for a detached home is $565,600.

In addition, with the lowest provincial tax rate nationally and the absence of a Provincial Sales Tax or Land Transfer Tax, Calgarians are able to stretch their savings for the future further.

The Rocky Mountains

People from all over the world travel thousands of miles to visit the Rocky Mountains every year. However, for Calgarians, the Rockies are only a drive away.
Whether it’s hiking, skiing, snowboarding or camping, the closure to the mountains allows for numerous opportunities to unplug from urban life and reconnect with nature.

Banff, Canada's first national park, is only 90 minutes away from the city. Living in Calgary, this world-renowned ski and hiking area is the perfect destination for a day trip or a weekend retreat.

Beyond Banff, here are other attractions within a half-hour drive from Calgary.

Opportunities

According to Statistics Canada, Calgary has the highest labour force participation rate of major cities in Canada, making it a great place to build a life and a career.

Major industry sectors make Calgary their home base, such as agribusiness, aerospace, energy and environment, as well as digital media and entertainment, life sciences, fintech, technology, transportation and logistics.

Arts & Culture

Calgary is home to the Calgary Stampede—“The Greatest Outdoor Show on Earth”—which combines an annual rodeo, exhibition and festival that attract over a million visitors per year and is held every July.

With an entertaining parade, a high-energy midway, stage shows, concerts, agricultural competitions, chuckwagon racing and Indigenous exhibitions, the Calgary Stampede is a celebration of Western Heritage.

In downtown Calgary, you can find Studio Bell, the home of the National Music Centre, and enjoy year-round festivals that include the International Jazz Day festival, the Calgary Folk Music Festival, and the Calgary International Film Festival.

It’s also worth noting that Calgary is the third most diverse major city in Canada with 240 different ethnic origins and 165 languages spoken here.
These communities gather in social groups, numerous sports clubs, and newcomer groups.

Calgarians also come together to host and attend festivals such as Fiesta Filipino, CariFest, Expo Latino, the Calgary Japanese Festival, and more.

A growing city

Calgary is the third largest city in Canada and the largest city in Alberta. As our population increases and suburban areas continue to be the location of choice for new housing, new communities have emerged so Calgary can meet the demands of a growing population in the coming decades.

Click here to learn more about new communities in Calgary and surrounding areas.

Sources:
• Calgary Economic Development
• Toronto Regional Real Estate Board
• Greater Vancouver REALTORS^®

Heritage Calgary marks 25 years with new report

Tue, 05 May 2026 09:45:50 -0600

Heritage Calgary is marking its 25th anniversary with the release of a new report, Heritage Calgary at 25: From Vision to Impact, exploring the organization’s history and the evolution of heritage conservation in Calgary.

Established under the Calgary Heritage Authority Act in 2000, the organization has played an ongoing role in identifying, evaluating, and promoting Calgary’s historic places. In 2019, the Calgary Heritage Authority rebranded as Heritage Calgary and now serves as a civic partner, advising city council on matters related to heritage and maintaining Calgary’s Inventory of Evaluated Historic Resources.

Commissioned with support from the Alberta Real Estate Foundation and Chalmers Heritage Conservation, the report examines how heritage conservation has developed in Calgary, including the policies, partnerships, and community efforts that have shaped the city’s built environment over time.

For CREB® members, the report offers valuable insight into heritage properties and the communities they’re part of. A stronger understanding of Calgary’s built history can support more informed conversations with clients, particularly when working with older or historically significant homes.

The full report is now available on Heritage Calgary’s website.

Balanced conditions in the city, except for apartment-style units

Fri, 01 May 2026 11:00:49 -0600

In line with seasonal expectations, both sales and inventory levels trended up relative to March’s activity. Despite this typical monthly rise, April sales totalled 2,104 units, six per cent lower than levels reported in 2025.

“Sales were expected to ease this year as our market transitioned away from strong demand that was driven by previously rapid migration growth. Improved supply choice across the entire housing spectrum has reduced the urgency among potential purchasers, helping our market shift away from seller’s market conditions to more balanced conditions,” said Ann-Marie Lurie, CREB®’s Chief Economist. “However, the trend of limited supply choice in the detached market continues, while conditions favour the buyer in the apartment condominium market.”

With 3,829 new listings in April, the sales-to-new-listings ratio remained at 55 per cent, supporting a modest monthly gain in supply. Inventory levels reached 5,973 units, nearly two per cent higher than levels reported last April. Overall, the months of supply remained just below three, representing relatively balanced conditions. However, this ranged from just over two months for detached homes to over four months for apartment-style homes.

The unadjusted total residential benchmark price trended up compared with March, reaching $568,800. The monthly gain was mostly associated with seasonal improvements, which is expected heading into the spring market. Monthly gains were higher in the detached and semi-detached segments. Overall, compared with the previous year, prices remain three per cent lower, with modest year-over-year declines in the detached and semi-detached sector, while declines neared nine per cent for apartment-style units.

So far in 2026, conditions have varied, ranging from seller’s market conditions and price growth for detached homes in some parts of the city to buyer’s market conditions and price adjustments in the apartment condominium sector.

Detached

With 1,095 sales and 1,863 new listings, inventory levels reported a modest monthly gain. However, with 2,468 units in inventory, levels remain lower than those reported last year and below long-term trends, while months of supply remained just over two. The tighter conditions helped support prices in April, which continued to rise compared with March, causing the pace of year-over-year price declines to ease to under three per cent. As of April, the unadjusted benchmark price was $745,400.

Within the detached market, conditions varied by district. Calgary’s North West, West and South districts experienced seller’s market conditions, with less than two months of supply, driving stronger monthly price gains. Meanwhile, conditions in the North East favoured the buyer, causing prices to trend down from the previous month. Benchmark price changes in April ranged from a year-over-year decline of eight per cent in the North East to a two per cent increase in the West district.

Semi-detached

Recent improvements in new listings helped to support the rise in sales this month. Year to date, there have been 700 sales and 1,190 new listings, similar to last year’s levels. In April, both the sales-to-new-listings ratio and months of supply remained at the lower end of the balanced range. Conditions supported further monthly price growth, as the unadjusted benchmark price reached $690,000. Gains over the past three months have brought prices to levels only slightly lower than those reported last April.

As in the detached sector, conditions vary by location. In April, prices trended up over March in all districts except the North East and East, which are also reporting higher months of supply. Tighter conditions in other areas supported monthly price gains. Year to date, benchmark prices improved over last year’s levels in the City Centre, North West and West districts.

Row

Sales, new listings and inventory levels all trended over the previous month, in line with seasonal expectations. However, year to date, the pullback in sales has outpaced the pullback in new listings, causing the sales-to-new-listings ratio to average 51 per cent and inventories to trend higher than levels reported last year at this time. While inventories have improved, months of supply has remained in a relatively balanced range at nearly three months.

Conditions vary significantly across the city, contributing to differing price trends. The North East district reported the highest months of supply and the steepest year-to-date price adjustments, at over 11 per cent. Meanwhile, the smallest year-to-date price adjustments occurred in the West, at less than a two per cent decline.

Apartment condominium

The pace of growth in new listings slowed in April relative to the gains in sales, causing the sales-to-new-listings ratio to improve to 46 per cent. However, this is not enough to prevent further inventory gains. In April, inventory rose to 1,920 units, nearly three per cent higher than last year and 27 per cent above long-term trends. With over four months of supply, conditions continue to favour the buyer, preventing any significant upward pressure on prices.

As of April, the unadjusted benchmark price was $301,400, slightly higher than March. Gains were mostly driven by improvements in the North West, South East and West districts, while prices continued to trend down in the North East, North and East districts. Compared with last April, benchmark prices have declined by nearly nine per cent, with the steepest declines in the North East, East, North and South East districts.

REGIONAL MARKET FACTS

Airdrie

Despite seasonal gains, sales in Airdrie eased compared with last year, causing year-to-date sales to decline by nearly 12 per cent. While sales have slowed, they remain in line with long-term trends. New listings have also trended down compared with last year, but recent gains supported further increases in inventory. With 494 units in inventory and 151 sales, months of supply remained just above three months. While conditions are not as tight as they were the previous year, they remain relatively balanced and are supporting modest price gains following last year’s decline. The benchmark price reached $516,700 in April, nearly one per cent higher than March, but still more than five per cent lower than last April.

Cochrane

Gains in April sales were enough to push year-to-date sales up by over six per cent. At the same time, new listings eased compared with March, causing the sales-to-new-listings ratio to rise above 70 per cent and preventing any significant change in inventory. This also caused months of supply to push below three. While conditions can fluctuate month-to-month, tighter conditions were accompanied by further price gains. In April, the unadjusted benchmark price reached $569,200, more than one per cent higher than the previous month. Recent gains have helped offset some of the pullbacks experienced during the second half of the year, but prices remain over three per cent lower than last April.

Okotoks

Improving sales in April were not enough to offset earlier declines, as year-to-date sales remained three per cent below last year’s. At the same time, new listings continued to improve, helping bring up inventory levels. However, with 149 units available in April, inventory remains well below long-term trends. With two and a half months of supply, conditions remain relatively tight, supporting further price gains. As of April, the unadjusted benchmark price was $627,600, over one per cent higher than March and in line with levels reported last April.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

2026 Community and Transformation Grants are open

Fri, 01 May 2026 07:30:00 -0600

The CREB^® REALTOR^® Community Foundation (CRCF) has opened grant applications for 2026, supporting housing- and shelter-related initiatives across Calgary and area. The foundation is awarding a total of $360,000 in funding this year through its Community and Transformation Grants.

The two grant streams are designed to support projects of varying scales and help organizations keep people housed and improve housing quality for those who need it most.

“Access to safe and stable housing is essential for strong communities,” said Christian Twomey, Chair of the CREB^® REALTOR^® Community Foundation. “These grants allow the REALTORS^® who belong to the Calgary Real Estate Board the ability to support organizations that are making a meaningful difference for vulnerable Calgarians.”

Since 1987, CREB^® REALTORS^® have collectively invested more than $9.8 million into communities across Calgary and the surrounding area through the Foundation, supporting over 165 non-profit organizations focused on housing and shelter.

Community Grants
The Community Grant funds major repairs or renovations to existing housing or shelter spaces to help keep people housed in the community.

Transformation Grants
The Transformation Grant provides funding for minor renovation projects to existing infrastructure to improve housing quality for the community's most vulnerable residents.

Organizations in Calgary and surrounding areas are encouraged to review the grant funding guidelines and apply before the June 30, 2026 deadline.

2026 Foundation Grants opening soon

Tue, 21 Apr 2026 09:41:14 -0600

The CREB^® REALTOR^® Community Foundation (CRCF) is set to open grant applications for its Community and Transformation Grants on May 1, 2026. This year, the Foundation will award a total of $360,000 in funding.

Each of the grant streams supports projects of varying scales and funds local housing- and shelter-related initiatives for those who need it most.

Community Grants
The Community Grant funds major repairs or renovations to existing housing or shelter spaces to help keep people housed in the community.

Transformation Grants
The Transformation Grant provides funding for minor renovation projects to existing infrastructure to improve housing quality for the community's most vulnerable residents.

“CREB^® REALTORS^® are deeply connected to the communities they serve,” said Christian Twomey, chair of the CREB^® REALTOR^® Community Foundation. “Through these grants, CREB^® members are proud to support local organizations working every day to keep people housed and improve housing conditions for those who need it most.”

Non-profit organizations in Calgary and surrounding communities are encouraged to review the CREB^® grant funding guidelines and determine eligibility.

Applications are open from May 1 to June 30, 2026, and can be found here.

Spring into big wins: 50/50 raffle

Thu, 09 Apr 2026 12:04:00 -0600

This spring, grab your tickets, give back, and you could win half the pot!

The CREB^® REALTOR^® Community Foundation’s 50/50 raffle kicks off April 13, supporting non-profits like the Calgary Dream Centre and Highbanks Society that deliver critical housing and shelter-focused programs and initiatives across Calgary and area.

Every ticket purchased helps fund initiatives that create housing, keep people housed, and improve housing and shelter quality for those who need it most.

Raffle opens: April 13
Raffle closes: May 27 at 11:59 p.m.
Draw date: May 28

Powered by Calgary and area REALTORS^®, the CREB^® REALTOR^® Community Foundation is a charitable organization dedicated to supporting local non-profits that deliver housing and shelter solutions for vulnerable Calgarians.

Get your tickets starting April 13 and be part of the impact — and good luck!

How to spring Into spring cleaning

Thu, 09 Apr 2026 12:04:00 -0600

The fact that the words spring and cleaning have become nearly inseparable doesn't make the task any easier. Nor does it make it any less avoidable. Just as the changing of the seasons signals a return to warmer weather, it also indicates to those that have spent the winter months slumbering that their excuses have evaporated away along with the snow.

Needless to say, the task of tackling months of neglect in one afternoon or even a long weekend is far easier said than done.

While it might seem very little work went into getting things to a state of disarray, undoing all that neglect can prove to be a monumental task. However, with a plan in mind and a little elbow grease, even the biggest jobs can be accomplished.

Start small

One of the keys in avoiding a sense of being overwhelmed when cleaning is to not tackle everything at once. Begin in one room, or perhaps one corner of your yard and move outwards, dealing with jobs as they come. By not trying to deal with everything at once, you'll be able to get some sense of accomplishment before moving onto the next job.

Get everything you need first

No one likes stopping halfway through a job, so even if heading out for supplies could provide a well-deserved break, resist the temptation by gathering any you might need beforehand. An early morning trip to the hardware store could make the difference between achieving your goal and just spending another day spinning your wheels.

When in doubt, toss it out

Or better yet, recycle it. Although sentimental value might have you clinging to that old china, putting too much value in unused items can be the first step down the long road to appearing on Hoarders. What better tribute to those old items and those that passed them down than to give them a new life by donating them to the Salvation Army, or even collecting a few bucks for them at a garage sale?

Stick to it

The easiest way to ensure that you don't have to repeat the whole process come next spring is to not revert back to your old unkempt ways. Instead of simply tossing that box into storage, figure out if you really need it, and then put it away neatly. It might take a few more minutes to stay tidy in the short term, but you'll be thanking yourself later.

Outsource it

In the event your clutter is just too considerable or you can't find the time, there are those who can help. A quick scan of the Internet reveals hordes of companies aimed at ridding your home of refuse. While most are reputable, the Better Business Bureau recommends ensuring anyone hired to work in your home is licensed, bonded and insured.

A bond is a form of insurance that protects you from any dishonest or criminal acts by the people who will come into your home to clean it. Insurance protects you if the cleaning people cause an accident, such as forgetting to shut off a faucet or losing a key.

How to prepare children for a move

Wed, 08 Apr 2026 11:57:44 -0600

Every family, household and individual will experience a move differently. While a move can be a sign of success for parents—getting the house you want, living in your dream neighbourhood—children may feel powerless if they have not been involved in the process.

“Some people love changes at any time, under any circumstances, some only enjoy change when they’ve initiated it. Others simply don’t like change at all,” says Calgary psychologist Connie Leclair.

So, how can you support your children during the moving process?

1. Communication

Listening and understanding how your children feel about the move will make the transition smoother for everyone. Often, children’s emotional or behavioural reactions aren’t about the house itself but about losing their sense of home and safety—about no longer understanding how things work in a particular environment.

Leclair suggests introducing the idea of a move to children as early as possible. Engaging in age-appropriate, casual conversations about what’s happening, why it’s happening, and when can be an effective starting point.

By inviting kids to share how they perceive the move, parents can acknowledge both their fears and their excitement.

“If logistically possible, take your children to see the new home, visit their new school, walk around the neighbourhood, or go for a bus or transit ride. Showing them around their new community can help reduce anxiety.”

Leclair adds that people react to the unknown by displaying anxiety. Moving can be an excellent opportunity to teach children how to deal with uncertainty in a healthy way.

2. Give children an appropriate level of agency

Allowing children some degree of control can make the move easier. Children are not the ones making the decisions; parents are.

However, children do gain from having a sense that they can influence certain aspects of their environment. By including them in the process and providing a developmentally suitable level of control, parents can gain their cooperation during the move.

For example, you could let them decide whether to pack their clothes first or their toys and sports gear. If a refresh is planned, allow them to choose the colour to paint their new room. The decision they make should be suitable for their age and skills.

Leclair adds, “Packing perfection isn't the goal, making a stressful transition easier is.”

3. Pay attention to changes

Children, like adults, have their own ways of reacting to the grief that comes from leaving something behind or losing something we had.

Some do so behaviourally, some emotionally, and others cognitively. Leclair recommends paying close attention to detect any changes in children’s actions, moods, or words, and to understand their meaning.

For example, teenagers might start avoiding their current home or develop hoarding tendencies — to let go of something as significant as a house, they need to hold on to smaller things to feel some control over their lives.

Small children may have nightmares, be “grumpy” or pick fights with friends, cling to parents, or talk nonstop. If these are new behaviours, they warrant your attention and intervention.

4. Re-establish routines, rules and rituals

A move disrupts our lifestyle in both positive and negative ways. It is important that everyone participates in re-establishing current routines, rules, and rituals or cooperates to establish new ones.

For example, if two siblings shared a bedroom in their previous home, they might need to find new ways to bond if they each have their own in the new house. Chores may need to be redistributed if the new house has a yard, whereas the old one did not. Life may not “just adjust” on its own; it may require intentional action.

5. Don’t take things personally

Even if you’re excited about the move, not everyone will be. That’s why Leclair advises parents not to become defensive if their children don’t appear as enthusiastic as they’d like.

Whether it’s about a move, a vacation, or what’s being served for dinner, parents make decisions that may or may not meet with their children’s enthusiastic delight.

Avoid internalizing the child’s response as a rejection of you or a questioning of the validity of your choice. Be curious about what drives the child’s perspective and address it appropriately.

When to seek help

According to Leclair, if parents notice disruptive changes in their children’s behavioural, emotional, or cognitive presentation and they are unable to understand and effect positive change without coercion, seeking support from a psychologist may be appropriate.

Connie Leclair is a registered psychologist based in Calgary. She offers services in English and French. Learn more at: https://connieleclairpsych.com/

Trends differ based on property type

Wed, 01 Apr 2026 08:14:36 -0600

Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts.

To read the full stats release on March’s housing market for Calgary and surrounding areas, click here

There were 1,881 sales in March, up from the previous month, but still 13 per cent lower than levels reported last year and below long-term trends for March. The decline in sales is mostly due to pullbacks in apartment-style activity, where increased supply choice and slower migration is spreading demand across a wider range of supply. Meanwhile, detached sales have also slowed compared to long-term trends, likely due to limited supply choice in some city districts.

“When considering total residential housing statistics, conditions appear to be relatively balanced as sales, new listings, inventories and prices all trended up over the previous month as we start to move into the spring market,” said Ann-Marie Lurie, CREB®’s Chief Economist. “However, when we look deeper, we are seeing a market that ranges from tighter conditions for detached homes to the apartment sector, where conditions tend to favour the buyer. As expected, this is supporting upward momentum in detached prices and downward pressure in the apartment condominium sector.”

The total unadjusted benchmark price in the city was $565,600, up nearly one per cent compared to February but down by more than four per cent compared to last year. After the first quarter, benchmark prices posted modest to stable conditions for lower density homes. However, apartment condominium prices continued to slide, dropping another three per cent in the first quarter compared to the fourth quarter of last year.

Detached

The detached market is exhibiting the tightest conditions compared to all other property types. With 982 sales and 1,614 new listings in March, the sales-to-new-listings ratio rose to 61 per cent, while inventory levels remained similar to those reported last year. With just over two months of supply, conditions in March closely resembled those seen last year at this time. However, conditions varied across the city, with less than two months of supply reported in the North West, West, South, South East and East districts. Meanwhile, conditions were relatively balanced in both the City Centre and North districts, while the North East district continues to struggle with higher supply relative to demand.

The detached benchmark price was $741,300 in March, down by three per cent over last year’s peak price of $766,600. However, tight conditions in most parts of the city are driving some price gains. After the first quarter, the largest quarterly gain was reported in the West district, followed by the City Centre and South districts.

Semi-detached

Semi-detached sales rose over last year’s levels for the second consecutive month, supported by improvements in new listings and inventory levels. With 480 units in inventory and 193 sales, both levels are comparable to long-term trends and conditions remain relatively balanced.

As of March, the unadjusted benchmark price was $686,100—slightly higher than last month and only one per cent lower than last year’s levels. Like other property types, there remains a range in price movements dependent on location. By the end of the first quarter, prices have trended up across most districts, but year-over-year prices remain below last year’s levels in all districts except the City Centre, North West and West districts.

Row

Row home sales continue to slow compared to last year in March, contributing to a first-quarter decline of 19 per cent. The 778 sales in the first quarter were met with 1,581 new listings, keeping the sales-to-new-listings ratio just below 50 per cent and supporting further inventory gains. In March, there were 960 units in inventory — 25 per cent higher than long-term trends — causing the months of supply to rise to nearly three months. While the row market is relatively balanced in most areas of the city, conditions are favouring the buyer in the North East district.

As of March, the unadjusted benchmark price in the city was $423,900, similar to last month and over six per cent lower than levels reported last year. After the first quarter, benchmark prices remain relatively comparable to levels reported in the previous quarter, as quarterly losses in the North East, North, South East and East districts offset the gains reported in the City Centre and West districts.

Apartment condominium

Supply levels continue to rise for apartment-style units. With 1,774 units in inventory, levels are just shy of the record high for the month reported during the financial crisis in 2008. New supply growth, along with a sharp pullback in sales relative to new listings, has contributed to the rise in resale inventories. With the sales-to-new-listings ratio hovering around 40 per cent and nearly five months of supply, it is not surprising that prices struggle to improve.

As of March, the unadjusted benchmark price was $300,300 — slightly higher than last month but over nine per cent lower than last year’s levels. After the first quarter of this year, apartment prices have eased by nearly three per cent compared with the fourth quarter of last year. While prices eased across all districts, the largest declines occurred in the South and North districts, both exceeding four per cent.

REGIONAL MARKET FACTS

Airdrie

With 135 sales and 251 new listings, the sales-to-new-listings ratio remained above 50 per cent, supporting modest improvements in inventory and keeping the market relatively balanced at three months of supply. As conditions stay more balanced, prices are showing more signs of stabilizing. In March, the unadjusted benchmark price was $512,800, similar to last month but more than five per cent lower than last year’s levels. Supply choice in the new-home market, along with more options in both Airdrie and north Calgary, has contributed to some of the recent price adjustments in the Airdrie market.

Cochrane

Following a surge in February sales, activity in March eased. After the first three months of the year, sales totalled 235 units, comparable to levels reported last year. At the same time, new listings have been rising at a faster pace, and the sales-to-new-listings ratio has struggled to push above 50 per cent. This has driven inventory gains and caused months of supply to trend up compared with the previous month. Nonetheless, conditions are mostly in-line with longer-term trends, reflecting relatively balanced conditions. This has helped support some of the typical seasonal gain in prices, but not enough to offset earlier pullbacks. Overall, the unadjusted benchmark price in March is $561,200, four per cent lower than levels reported last year.

Okotoks

Improving sales in March were not enough to offset earlier pullbacks, and the first-quarter sales eased slightly compared with last year. Meanwhile, new listings continued to increase, helping shift the market away from extremely tight conditions. However, inventory levels continue to remain relatively low, and the months of supply sit just over two months. As of March, the unadjusted benchmark price was $618,100, trending up compared to levels reported at the end of 2025 and supporting a modest quarterly gain. Despite the improvement, prices remain more than one per cent lower than levels reported at this time last year.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

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A little goes a long way: Spring home tips and tasks that pay off

Thu, 05 Mar 2026 09:33:00 -0700

Springtime brings an energy like no other season. So, why not put that energy to good use with some easy maintenance tasks that will have your home ready for the laidback days of summer and beyond?

"A lot of this work is proactive rather than reactive and can save money in the long run," said Jeff Howells, professional home inspector with Nu Level Inspections.

Here are his top spring maintenance tasks for homeowners, inside and out:

Exterior

After the accumulation of fall's messy debris and winter's unpredictable weather, there's no better time than spring to clean out gutters, lower downspout extensions and clean window wells.

"These are important," said Howells. "Homeowners will want to have this done before we have any heavy rainfall, not afterwards or during, when problems are more likely to occur. The homeowner can do this themselves or can hire it out."

Next, check shingles to determine if repairs are needed. This can be done from the street, looking to see if any shingles are missing or have torn off.

Before summer barbecue season, it's also time to inspect decks. "Homeowners can check the general condition overall," said Howells. "They should look for rot, loose boards and anything that may have loosened and needs tightening up."

Before spring showers begin, ensure the landscaping allows for proper grading and drainage away from the house.

"A lot of this work is proactive rather than reactive and can save money in the long run." - Jeff Howells, Nu Level Inspections

"Homeowners will want to pay attention to the slope of their yards and make sure that any surface water is draining away from the house," said Howells. "In the case of any water pooling, filling the spot with topsoil should take care of it."

Finally, if you have one, prepare the air conditioner before the heat hits.

"If you have an air conditioner, it should have been covered for the winter," said Howells. "Before the weather gets hot, you will want to remove that cover and make sure the inside of the unit is clean and free of leaves and other debris."

Interior

After working hard all winter, the furnace is ready for a new filter.

"You'll want to change the filter every six months or so, so spring is a great time to do this," said Howells.

It's also time to flush out the water heater.

"To do this, there's a drain tap on the bottom of the water heater that looks like a little spout," said Howells.

"You can connect the garden hose to this and put the other end into the sewer. Then, open the valve where the hose connects and drain out about half of the water in the tank. This will get rid of any sediment that may have built up and that can wear out the tank a lot faster."

Another good best practice is to get into the habit of changing the batteries in smoke and carbon monoxide alarms.

Finally, remember to open the shut off valves for the outside hose taps.

Miscellaneous equipment and appliances

Next, it's time for some elbow grease to clean up any of these items that are applicable to your home:

The humidifier – "Most houses will have a humidifier on the furnace," said Howells. "It can get pretty dirty with calcium and hard-water deposits over the winter. The homeowner can pull it out, similar to changing out the furnace filter, soak it in some vinegar or CLR and it will clean right up."
The heat recovery ventilator (HRV) unit, including its filters and core.
The gas fireplace glass – "You can take the glass out and clean it up with a simple vinegar and water solution," said Howells.
The kitchen exhaust fan and filter – "For this one, people can use soap and water," said Howells.

Please note: This article was originally published in March 2020.

Creating a home inventory

Thu, 05 Mar 2026 09:04:08 -0700

Life is unpredictable, and disasters like fire, flood, or theft can happen when you least expect them. Losing your home or possessions is stressful, but having a home inventory list can make the claims process much easier.

When you report a loss, your insurance company will ask for a detailed list of damaged or stolen items. If you've prepared this list in advance, you'll save time, reduce stress, and ensure accuracy—rather than relying on memory during a difficult time.

A home inventory list also helps you confirm that your insurance coverage matches the value of your belongings. Without it, you might be underinsured and could face unexpected costs.

How to create a home inventory

Creating an inventory doesn't have to be complicated. Here are some common methods.

Pen and paper: Write down each item with a description. Store the list in a secure place like a lockbox or fireproof safe. Remember, paper can be lost or damaged, so keep backup copies.

Virtual spreadsheet: A spreadsheet is an efficient way to organize belongings. You can categorize items, add replacement values and include photos. This method makes sharing information with your insurer simple.

Home inventory apps: Many insurance companies offer apps that combine descriptions, photos, and values in one convenient tool. Apps make updating your inventory quick and easy.

Tips for an effective inventory

Include details: Record purchase dates, values, serial numbers, and brand names. Keep receipts for high-value items.

Cover everything: Clothing, accessories, electronics, and jewelry should all be listed. Some items may need extra coverage—check with your advisor.

Take photos and videos: Document every room, including drawers and closets. Label images with dates and update regularly.

Store securely: Keep your inventory, photos, and policy in a fireproof location. Create digital backups.

Review coverage: Ensure your policy reflects the true value of your belongings. Consider additional coverage for expensive items.

Start small: Tackle one room at a time. Dedicate an hour a day or week until your list is complete and update it as you acquire new items.

A home inventory is a simple step that can save you time, money, and stress when the unexpected happens. Start today and give yourself peace of mind for tomorrow.

Have questions? If you're unsure what your policy covers, contact your knowledgeable group insurance advisor.

Rest Assured, BrokerLink Has You Covered*

Call 1.833.998.3798 or visit BrokerLink.ca/CREB

Condo vs. House: Which one is right for you in Calgary?

Thu, 05 Mar 2026 08:55:00 -0700

The Calgary housing market is filled with opportunities. For first-time homebuyers, this creates a debate on whether a house or a condominium (a.k.a. a condo) would be more beneficial for buyers entering the market. The answer depends on your lifestyle.

But first things first. What is a condo? A condo is a private residence within a multi-unit property or community. Condos include apartments high-rise towers, townhomes and low-rise buildings where each unit has an individual owner, but common areas are shared and managed by a condo corporation.

As of Feb. 28, 2026, the benchmark price for a condominium in Calgary was $298,600

A detached home (a.k.a. a house) is a standalone residential property with no shared walls or common areas. In Calgary, detached homes typically include private yards, driveways and garages.

As of Feb. 28, 2026, the benchmark price for a detached home was $734,300.

If you’re on the fence, here are the pros and cons of owning a condo versus owning a detached home:

Owning a condominium

Pros

Cons

Low-entry cost to enter the housing market
Free access to building amenities such as a gym, communal room for gatherings, pool, etc.
Building repairs are paid by the condo board, with the funds coming in from condo fees and the reserve fund
The condo board is responsible for the maintenance of common areas, such as hallways, elevators, parking garages and the building exterior
Condos are usually concentrated in busy areas, closer to downtown and the public transit system

You only own your unit and a share of the common property

Require payment of monthly condo fees (that can increase over time) and sometimes special assessments to cover shared services and maintenance costs
Less privacy given the close distance from unit to unit
Excluding penthouses, condos typically have less space compared to a house
Condo bylaws may limit unit renovations, rentals or pet ownership

Owning a house
Pros	Cons
Building and land ownership Additional space compared to condos, including outdoor space Liberty to customize the interior and exterior of your home, including repairs and renovations More privacy, as you don’t share walls or common spaces with neighbours	High-entry cost to enter the housing market, with a higher downpayment required You are responsible for your property’s maintenance, repair and renovation costs Many detached homes can be further away from downtown and public transit areas Higher property taxes

It’s important to flag that your first home doesn’t have to be your only home. As people experience lifestyle changes, they may expand from a condo to a house, while others downsize from a detached house to a condo.

If you’re getting started on your home-buying journey, know that a CREB^® REALTOR^® is a trusted source for all your real estate needs. Not only do they provide invaluable expertise, but they are also committed to a high standard of professional conduct focused on the consumer.

Click here to find a CREB^® REALTOR^® today.

Detached market tightens while apartments remain oversupplied

Mon, 02 Mar 2026 10:35:02 -0700

Calgary continued to see market conditions vary by property type in February. The tightest conditions occurred in detached and semi-detached properties, reporting less than three months of supply. Row homes reported slightly higher supply levels relative to demand but remained relatively balanced. Meanwhile, apartment-style properties are dealing with excess supply, as conditions continue to favour the buyer.

“Slowing migration levels are coming at a time when supply for apartment-style homes is rising. Calgary reported record high starts last year, mostly due to gains in apartment starts where there are nearly 18,000 units currently under construction. While a large share of the units is targeted for rental, this also impacts condo ownership markets,” said Ann-Marie Lurie, CREB®’s Chief Economist. “Meanwhile, on the opposite end of the spectrum, the detached market remains relatively balanced in the higher price ranges and continues to struggle with limited supply for homes priced below $700,000.”

Tighter conditions for detached homes offset the higher supply levels in the apartment condominium sector, leaving citywide conditions relatively balanced at three months of supply and a sales-to-new-listings ratio of 55 per cent. Inventory levels reached 4,822 units in February, with condominiums and row homes representing more than half of all the inventory. At the same time, there were 1,526 sales in February, an 11 per cent decline over last February, mostly due to a sharp pullback in row and apartment sales.

Typical seasonal patterns tend to drive monthly gains in prices early in the year following the monthly slides reported at the end of the previous year. While February did report monthly benchmark price gains for most property types, prices continued to slide for apartment-style homes. However, monthly gains for lower-density homes offset the pullbacks for apartment units, leaving the total residential benchmark price of $560,500 one per cent higher than January, but still four per cent lower than last year's levels.

Detached

Both sales and new listings in February were similar to levels reported last year. With 736 sales and 1,269 new listings, the sales-to-new-listings ratio was 58 per cent. While this did not prevent further inventory gains, months of supply remained relatively balanced at just under three months. Conditions did vary across the city as the North East district struggled with excess supply, preventing any improvement in monthly prices. Meanwhile, the West district reported the tightest conditions with less than two months of supply.

In February, the unadjusted benchmark price for a detached home was $734,300, over one per cent higher than January, but still three per cent lower than last year's levels. The only districts to report both month-over-month and year-over-year gains were the City Centre and the West district.

Semi-detached

Sales improved in February, reaching 175 units. At the same time, new listings rose to 253 units, causing the sales-to-new-listings ratio to rise to 69 per cent and preventing any improvement in inventory levels compared to January. This caused the months of supply to drop to 2.4 months, the lowest out of the four property types.

While this is a smaller segment of the market, the tighter conditions did result in slightly higher monthly price gains. As of February, the unadjusted benchmark price was $682,200, over two per cent higher than January and comparable to levels reported last year. Year-over-year price changes varied by district, with gains in the City Centre, North West and West offsetting declines in the North East, North, South, South East and East. In addition to typical seasonal factors, tighter conditions at the start of the year are helping support monthly price gains in most districts.

Row

Sales picked up in February compared to January, reaching 270 units. Meanwhile, after January’s surge in new listings, levels slowed to 491 units, helping bring the sales-to-new-listings ratio into more balanced territory at 55 per cent. While inventories did rise, the monthly gains in sales helped reduce the months of supply from over four months in January to just over three months in February.

The unadjusted benchmark price rose to $423,600 in February, in line with typical seasonal expectations. While prices are still five per cent lower than last February, there is significant variation between districts. The steepest year-over-year declines have occurred in the North East and East districts at over 10 per cent. Meanwhile, prices in both the West and City Centre are only slightly lower than levels reported last February.

Apartment condominium

Despite a pullback in new listings in February, with 753 new listings and 345 sales, the sales-to-new-listings ratio remained low at 46 per cent, contributing to further inventory gains. February reported 1,580 units in inventory, high enough to keep the months of supply well over four months. The persistently higher supply levels continued to weigh on prices in February, as the monthly benchmark price dropped to $298,600, nearly one per cent below January and over nine per cent lower than prices reported last February.

Conditions do vary across the city. After the first two months of the year, the months of supply have ranged from over 11 months in the North East to below four months in the South district. The higher supply levels are weighing on prices across all districts. The largest year-over-year price adjustments have occurred in the North East, East and South East districts, which have seen declines surpassing 10 per cent.

REGIONAL MARKET FACTS

Airdrie

Sales and new listings totalled 122 and 236 units, respectively, in February, causing the sales-to-new-listings ratio to rise to 52 per cent. At the same time, inventories increased slightly over the previous month and last year, pushing above long-term trends. However, with just over three months' supply, conditions are considered relatively balanced. The unadjusted benchmark price was $512,200 in February, similar to the previous month, but still five per cent lower than last year's levels. Increased competition from the new home sector, along with increased supply choice in both Calgary and other surrounding areas, has contributed to some of the price adjustments that have occurred in Airdrie.

Cochrane

The gains in sales in February helped offset the new listings in the market. With 91 sales and 154 new listings, the sales-to-new-listings ratio rose to 59 per cent, preventing any significant shift in inventory levels. This caused the market to shift toward more balanced conditions with three months of supply. As of February, the total residential benchmark price was $553,500, slightly higher than January, but due to pullbacks mostly in the third quarter of 2025, prices remain three per cent lower than last February.

Okotoks

Sales in February slowed compared to new listings that came onto the market, causing the sales-to-new-listings ratio to fall below 60 per cent. This helped support some inventory gains in Okotoks for the month. However, inventory levels remained well below long-term trends and with under three months of supply, conditions remain relatively tight. The tighter conditions have once again contributed to some monthly gains in prices beyond what’s typically seen early in the year. As of February, the unadjusted benchmark price was $612,300, a two per cent gain over January and similar to levels reported last year.

Find sharable monthly stats from CREB® on Facebook, Instagram, Threads, TikTok and YouTube.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Slow start for high-density homes

Mon, 02 Feb 2026 11:43:46 -0700

Calgary reported 1,234 sales in January, a year-over-year decline of 15 per cent, but in line with typical levels of activity for the month. While sales declined across all property types, the steepest declines occurred in higher-density homes.

“Following the typical December slowdown, potential buyers for high-density homes were more hesitant to return to the market in January, as increased supply choice across all aspects of the market has reduced the sense of urgency,” said Ann-Marie Lurie, CREB®’s Chief Economist. “At the same time, sellers were quick to bring their listings onto the market, causing the sales-to-new-listings ratio to drop to 44 per cent, mostly due to shifts in apartment and row-style homes. Overall, this is not entirely uncommon for January, as both buyers and sellers weigh their options ahead of the spring market.”

The rise in new listings compared to sales caused inventory levels to increase to 4,391 units, the highest January level since 2020. However, as with sales, conditions vary by property type, with row and apartment homes facing higher levels of inventory compared to long-term trends. The result is months of supply that ranges from under three months in the detached sector to five months for apartment-style homes.

Due to declines in the later part of 2025, benchmark prices are lower than levels reported at the start of last year. However, seasonally adjusted figures point to stable levels in January compared to the end of 2025. Nonetheless, year-over-year total residential benchmark prices have declined by nearly five per cent, as steep declines reported in the oversupplied row- and apartment-style homes weighed on total residential prices compared to last year.

Detached

There were 657 sales and 1,243 new listings in January, comparable to levels reported last year. However, new listings did rise over December levels, causing inventories to reach 1,753 units, just shy of long-term averages for the month. With less than three months of supply and a sales-to-new-listings ratio of 53 per cent, conditions remained relatively balanced in the detached market. The January unadjusted benchmark price was $724,000, slightly lower than the previous month and over three per cent lower than last January, as prices trended down over the second half of 2025. Price movements varied throughout the city, with year-over-year declines ranging from less than one per cent in the West district to over six per cent lower in the North East. While unadjusted prices did ease over December, this was mostly due to pullbacks in the City Centre and North West districts.

Semi-Detached

There were 118 sales in January and 251 new listings, representing 10 per cent of the market activity in the city. While both sales and new listings improved over December, the growth in new listings was higher, causing the sales-to-new-listings ratio to ease to 47 per cent. Inventory levels improved but conditions remained relatively balanced, with three and a half months of supply.Rising supply, which started in the latter part of 2025 and continues into 2026, is creating more price stability. As of January, the benchmark price was $667,000, similar to last month and only one per cent lower than last January. Year-over-year prices in both the North West and West districts remain higher than last year but are lower in every other district.

Row

There were 186 sales in January, down by nearly 25 per cent compared to last year. Meanwhile, supply continued to rise both in terms of new listings and inventory growth, causing the months of supply to push above four months. Despite the added supply, the unadjusted benchmark price remained similar to December's levels, but was five per cent lower than last January. The month-over-month stability was due to gains in the City Centre and West districts. Year-over-year price adjustments have been the highest in the North East and East districts, followed by the North and South East districts, which have faced significant competition from the new-home market.

Apartment Condominium

Apartment-style units continue to struggle with supply. New listings reached 787 units, which is not as high as last year but a significant jump over December and much higher than the 273 sales reported in January, pushing the sales-to-new-listings ratio down to 35 per cent. This drove further gains in inventory, which reached 1,435 units, the highest levels ever reported for January. With over five months of supply in January, it is not surprising that prices trended down further. The unadjusted benchmark price was $301,200, nearly one per cent lower than the previous month and eight per cent lower than last January. Prices have been falling across every district, with year-over-year declines ranging from 13 per cent in the North East to six per cent in the City Centre.

REGIONAL MARKET FACTS

Airdrie

While down from last January, sales activity remained relatively strong. With 106 sales and 227 new listings, the sales-to-new-listings ratio dropped to 47 per cent, slightly lower than typical for January. This resulted in some further gains in inventory levels, keeping the months of supply just above three months and in line with long-term trends. The unadjusted benchmark price was $513,900, reporting a modest monthly gain consistent with seasonal trends. However, thanks to pullbacks last year, prices remain five per cent lower than levels reported in January 2025.

Cochrane

New listings rose to 149 units, the highest level ever reported in January. With only 54 sales, the sales-to-new-listings ratio dropped to 36 per cent, causing inventories to rise and keeping months of supply at five months. After several months of slightly higher months of supply, prices have trended down on a month-over-month basis for three consecutive months. As of January, the unadjusted benchmark price was $550,800, nearly two per cent lower than both December and the start of last year.

Okotoks

Okotoks continues to struggle with lower inventory levels compared to long-term trends, limiting sales activity. January reported 33 sales and 52 new listings, resulting in a sales-to-new-listings ratio of 63 per cent and keeping inventory levels low at 79 units. The months of supply remained just above two months, and prices remained relatively unchanged compared with the previous month. However, thanks to some price adjustments last year, the total residential benchmark price of $599,500 in January was two per cent lower than levels reported last year.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Five neighbourhoods that Calgarians love

Mon, 02 Feb 2026 09:12:00 -0700

Calgary is the sixth best city to live in Canada (16 spots ahead of Edmonton!), according to Numbeo’s 2026 Quality of Life Index, which compares hundreds of cities around the world and ranks them based on everything from affordability and climate to health care, safety and even traffic.

With a population of over 1.7 million, Calgary has 200 neighbourhoods to choose from. As this is the month for love, we did some research and found the top five neighbourhoods that Calgarians love, to live in or visit.

1. Inglewood

As Calgary's oldest neighbourhood, Inglewood is also home to art galleries, international food restaurants, boutiques, the bird sanctuary, and a vibrant night market in the summer. It's a neighbourhood with a soulful atmosphere that captivates families, creatives and nature lovers alike.

2. Beltline

With a walkable score of 91, the Beltline offers access to over 100 restaurants, lounges and cafes, as well as parks, shops, amenities, and lively murals that uplift the street energy all year long. You can witness the community spirit on a hockey night, walking down the “Red Mile” from the Scotiabank Saddledome to the trendy section of 17th Avenue.

3. Kensington

Kensington offers many gems for residents and visitors alike. With numerous businesses and an easy access to transit, the Bow River and Downtown, as well as a cat café and an historic cinema– there’s never a dull day in the neighbourhood.

4. Bowness

Bowness is loved by Calgarians due to its diversity, wonderful local businesses, memorable landscapes and numerous opportunities for outdoor recreation thanks to the iconic Bowness Park. During the winter, Bowness Park becomes a winter wonderland with its lagoon transforming into a 1.6 km ice skating trail. In the summer, there’s plenty of space for jogging, canoeing, and mingling among the various picnic tables, surrounded by lush trees.

5. Saddleridge

A favourite for young families, Saddleridge is a community that continues to grow. With a variety of schools, easy access to transit and to the airport, the Saddlecreek Ponds and Bear Park, Saddleridge is also home to the Genesis Centre, which hosts a variety of cultural celebrations and events throughout the year.

CREB® Unveils 2026 Forecast Calgary and Region Yearly Outlook Report

Tue, 20 Jan 2026 13:00:00 -0700

The Calgary Real Estate Board (CREB^®) is excited to announce the release of its 2026 Forecast Calgary and Region Yearly Outlook Report.

This comprehensive report, prepared by CREB^® Chief Economist Ann-Marie Lurie, provides an in-depth analysis of Calgary's economic and housing market trends for the upcoming year.

The 2026 report highlights how rising starts over the past several years are translating into supply growth at a time when demand is shifting due to slowing migration and shifting economic conditions.

“In 2025, the market transitioned from one that favoured the seller to more balanced conditions, as improving supply in the new home, rental and resale markets occurred just as demand returned to more typical levels. This took much of the pressure off home prices last year, especially in the apartment and row segments,” said Ann-Marie Lurie, Chief Economist at CREB^®.

Lower migration levels, stable employment and interest rates are expected to prevent any substantial change in demand in 2026. However, supply pressures are expected to continue as 26,000 units that are currently under construction are completed over the new few years.

“Much of the supply growth will be apartment-style rental and ownership units, and while starts are expected to ease this year, it will take time to absorb the supply, considering the weaker migration levels. Ultimately, this will continue to place downward pressure on prices for apartment- and row-style homes. Meanwhile, conditions are more balanced for detached and semi-detached homes, supporting relative price stability for those homes,” Lurie added.

The report also notes there are several factors that could impact the housing market over the next few years. The recently signed memorandum of understanding (MOU) between the federal and provincial government provides upside risk to the forecast, as shifts in federal regulatory barriers affecting the energy sector may encourage both confidence and investment in Calgary. On the downside, the renegotiation of the Canada-United States-Mexico Agreement (CUSMA) this year could create additional uncertainty. Combined with lower energy prices, this could potentially slow positive momentum in business investment activity.

Click here to read the full CREB^® 2026 Forecast Calgary and Region Yearly Outlook Report.

Five renovations that add the most ROI to your property

Fri, 09 Jan 2026 08:44:00 -0700

The new year brings new ideas for home improvement. But there are specific changes that bring the most return on investment. And they’re not necessarily the priciest. Here’s a look.

Paint

Paint is the most effective—and even dramatic—renovation that won’t break the bank. According to experts, a fresh coat of paint typically garners a 60 per cent return on your investment.

As a homeowner, you can take care of most of the areas in the house, but eavestroughs and frames around second-story or rooftop windows are probably best left to professionals with the proper equipment and experience.

Professional painters can also help you choose the best colour palette for your space, as well as scrape the walls, seal trim and plaster or repair minor damage before applying top-quality paint that’s appropriate for each surface.

Strong structures

A strong structure translates into having a roof that doesn’t leak, windows that are in good condition, as well as properly functioning gutters and drains, and a sealed, dry and crack-free basement and foundation.

While not as glamorous, all of these features make it easier for your home to pass the home inspection and for buyers to choose it over other properties.

Doors and hardware

These renovations can go from replacing the front door and adding a secure knocker and lockset to adding a baseboard and door trim. However, it’s the quality of the materials that can add more value to your space.

For example, a solid wood front door with a quality lockset can bring $2,500 in return on investment, while solid core interior doors with hardware could bring in $250 per door.

Kitchen

Everybody’s favourite! Whether you invest on the lower-cost end and focus on a countertop refresh, get new appliances or switch your cabinets, kitchen renovations typically garner a 75 to 100 per cent return.

Similar to doors, the quality of the materials you select is key to adding value to your home.

Bathrooms

When purchasing a property, buyers often pay attention to the bathrooms and their condition. So when it comes to yours, ask yourself what its strengths and weaknesses are—and what they’re missing—then focus on that.

On average, a bathroom renovation budget can go from $5,000 to $10,000. However, a well-done bathroom renovation has a return of 62 per cent.

Source: Re/Max

Make moving easy and stress-free with Jayman's Secure Sell™ Program

Tue, 06 Jan 2026 15:41:58 -0700

Moving to a new home should be an exciting and positive experience, not one filled with stress or uncertainty.

At Jayman BUILT, we understand that transitioning from a larger home to a more manageable space, or moving up to a space more suitable for your growing family, can feel overwhelming, especially when trying to juggle selling your current home while securing a new one. That’s why we’ve created the Secure Sell™ Program, designed to make your move as smooth and hassle-free as possible.

Whether you’re looking for a stylish townhome, a modern condo or a spacious attached-garage home (or anything in between), Jayman’s Secure Sell™ Program helps you seamlessly coordinate the sale of your existing home with the purchase of your new one, giving you the peace of mind you deserve during this important life change.

The benefits of the Secure Sell™ Program

1. Say goodbye to double moves and mortgages

One of the biggest concerns for anyone looking to move into a new home is the possibility of dealing with two mortgages or moving twice. With the Secure Sell™ Program, you can avoid this common pitfall. We work with you to align the possession date of your new home with the sale of your existing home, ensuring a smooth transition. No more juggling timelines or worrying about extra costs. You can sell your home, move into your new space, and enjoy the process with fewer worries.

2. Flexible terms to suit your needs

Everyone has different needs, and our program is designed to accommodate those needs with flexibility. If you prefer to begin construction on your new Jayman BUILT home before selling your current home, that’s absolutely possible. The Secure Sell™ Program also gives you the flexibility to extend the possession date of your new home if needed, with Jayman covering your interest carrying costs for up to 30 days.

3. Stress-free, predictable transition

We know that timing is everything. The Secure Sell™ Program allows you to list your current home at market value early in the process, improving your chances of a quick sale and matching possession dates with your new home. No more rushing to find a place or scrambling for last-minute solutions. With the Secure Sell™ Program, you can relax knowing that we’ve got everything covered for you.

4. Financial assistance and expert guidance

Moving can be financially overwhelming, but we’re here to support you every step of the way. Through Jayman Financial, you’ll receive expert advice on interim financing options and the best mortgage rates tailored to your unique needs. Whether you need help with a down payment or financing, we’re here to ensure that you’re making informed decisions that benefit you now and in the future. Jayman Financial also covers your legal and disbursements fees.*

Why choose Jayman BUILT?

At Jayman BUILT, we pride ourselves on being a trusted name in home building and real estate. With over 2,000 successful Secure Sell™ clients who have moved into their new Jayman BUILT homes, we have the experience and expertise to make your new home purchase journey as smooth as possible. Our homes are built with quality, energy efficiency, and modern design in mind, offering you a space that’s not only easy to maintain but also designed to fit your lifestyle.

Take the first step towards a stress-free move

Moving doesn’t have to be stressful. With the Jayman Secure Sell™ Program, you can enjoy a smoother, more predictable transition into a new home that fits your needs and lifestyle. Contact us today to learn more about how we can help you make your move with confidence, flexibility, and peace of mind.

Let Jayman BUILT take the stress out of moving so you can focus on what really matters—enjoying your new home.

*Legal fees and disbursements paid on Jayman new construction with mortgage financing arranged through Jayman Financial.

2025 housing market shifted to more balanced conditions

Fri, 02 Jan 2026 08:23:58 -0700

Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market. This helped shift the resale market from one that favoured the seller to one that was more balanced.

In 2025, sales reached 22,751 units, down 16 per cent over last year, but in-line with long-term trends. Much of the shift came from the growth in supply. 2025 saw over 40,000 new listings come onto the market, nine per cent higher than last year, causing inventories to rise and driving more balanced conditions.

“Supply levels were expected to rise in 2025. However, the growth was higher than expected especially for apartment condominium and row homes. This weighed on prices in those sectors enough to offset the annual gains reported for both detached and semi-detached homes,” said Ann-Marie Lurie, CREB^®’s Chief Economist. "Adjustments in both supply and demand varied across the city, with pockets of the market continuing to experience seller’s market conditions versus some areas where the conditions favoured the buyer. This resulted in different price trends based on location, price range and property type.”

Overall, the annual average total residential benchmark price in 2025 was $577,492, two per cent lower than last year’s annual average. However, annual detached and semi-detached prices rose by a respective one and three per cent, while apartment and row homes saw prices fall by a respective three and two per cent.

Compared to other districts, the North East reported the largest decline in prices this year. While some of this is related to improved supply across all areas of the city, it is also important to note that the North East district also reported the strongest price growth over the past two years.

For the first time in three years, we are heading into the New Year with better inventory levels. Details on what is expected to happen in the market in 2026 will be released at CREB^®’s annual Forecast Conference on Jan. 20, 2026.

Detached

Detached sales totaled 11,328 in 2025, down by nearly nine per cent compared to last year. Sales eased across all districts in the city, with the steepest declines occurring in the North East, East and City Centre district. However, unlike the City Centre, the North East and East districts also experienced significant gains in inventory compared to long-term trends, driving annual price declines of two per cent. Meanwhile, in the City Centre detached inventory remained well below long-term averages, which likely prevented stronger sales and contributed to the annual price growth of over three per cent. Despite the differing conditions in different areas of the city, slowing sales and rising supply citywide helped move the market into balanced conditions by the second half of the year. The annual average benchmark price was $752,767, one per cent higher than last year’s annual level.

Semi-Detached

Semi-detached homes represent the smallest segment of the market, accounting for less than 10 per cent of all sales activity. Sales in 2025 were 2,159, eight per cent lower than last year, but slightly higher than long-term trends. Trends for semi-detached homes have been relatively consistent with the detached market. However, it took longer for this segment of the market to shift to more balanced conditions, resulting in stronger annual price gains. In 2025, the average annual benchmark price was $685,850, nearly three per cent higher than last year. Prices did ease in the North district as competition for new homes weighed on resale activity, but the decline in this district was more than offset by the four per cent gain in the City Centre.

Row

2025 sales eased by 17 per cent to 3,838 units. Despite the decline, sales were still higher than long-term trends, as row homes are starting to account for a larger share of the overall activity in the city. At the same time, new listings also rose relative to sales, driving inventory gains and taking the pressure off prices. Conditions shifted to more balanced levels relatively early in the year, and by the last quarter conditions ranged from a balanced to a buyer’s market depending on the districts of the city. Overall, this contributed to the annual average benchmark price decline of two per cent. While prices were relatively stable in the City Centre, North West, West and East districts, additional supply in the resale market and competition from new homes caused prices to decline by four per cent in the North East and North districts.

Apartment Condominium

Apartment-style homes reported the largest adjustment in price in 2025. Sales declined by 28 per cent compared to the near record high levels achieved last year. While the decline was significant, sales were still over 28 per cent higher than long-term trends. The main cause of the shift in conditions was due to the supply. Over the past three years, there has been a rise in apartment-style starts. While most of the apartment starts were purpose-built rental, they are adding to the supply choice and weighing on the resale market. Resale condominiums saw the market shift in favour of buyers by the second half of the year, with elevated months of supply being reported in most districts of the city. This resulted in relatively persistent downward pressure on prices, causing the annual average benchmark price to decline by nearly three per cent. Price declines were the steepest in the North East nearing five per cent. The only area to report relative stability in the annual price was in the West district.

REGIONAL MARKET FACTS

Airdrie

Increased competition from the new home market, along with more supply options in competing resale markets, has contributed to the added supply in the resale market in Airdrie. Following four consecutive years of exceptionally low inventory levels, 2025 saw inventory rise to levels not seen since prior to the pandemic. While sales activity did remain in line with long-term trends despite an annual decline, the push up in inventories caused the months of supply to generally rise throughout the year. Overall, the annual average benchmark price eased by two per cent this year.

Cochrane

Sales in Cochrane were similar to last year and above long-term trends. While demand stayed relatively strong in the town, steady gains in supply did cause conditions to shift to a more balanced state by the end of 2025. With the shift occurring later in the year, we did not see the same downward pressure on prices. In fact, on an annual basis the benchmark price in Cochrane was $578,325, nearly three per cent higher than last year. Cochrane also tends to see a larger share of newer properties being listed and sold on the resale market, impacting the prices in the resale market.

Okotoks

Okotoks continued to struggle with supply growth. Inventories did rise by over 40 per cent, but levels were exceptionally low last year. Even with the gain in 2025, levels were still 30 per cent below long-term trends. Sales activity in the town remained consistent with the levels reported last year and were higher than long-term trends. The persistently low inventory levels generally kept market conditions relatively tight. However, total residential prices posted only a modest gain over last year, this is likely due to compositional shifts as price growth ranged from over one per cent for detached homes to nearly eight per cent for apartment condominium product.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Thank you for your generosity

Fri, 12 Dec 2025 08:57:00 -0700

Thanks to the support of wonderful donors and incredible bidders, this year the CREB^® REALTOR^® Community Foundation's (CRCF) silent auction raised $6,902!

All the proceeds from the silent auction will go to local non-profit organizations that provide housing and shelter solutions to Calgarians in need.

Thank you to everyone who contributed to this great cause by participating, and congratulations to all the winners! From all us at CREB^® and the CRCF, we wish you a warm holiday season and a prosperous 2026.

Item	Bid	Bidder
$1,500 Kananaskis Nordic Spa Gift Card	$1,499.00	Pipan Kumar
Be the Host of the Season \| Wine & Charcuterie	$135.00	Karen Salmon
Bombshell Blowout: The ultimate hair experience	$70.00	Teri-Ann Begin
Elevate Your Property Listings:Photography package	$300.00	Patti Reid
Elevate Your Property Listings:Photography package	$300.00	Patti Reid
Elevate Your Property Listings:Photography package	$300.00	Patti Reid
Elevate Your Skills: CREA 200 Leadership Course	$75.00	Teri-Ann Begin
Elevate Your Skills: CREA 300 Leadership Course	$100.00	Maricel McDonald
Enjoy an In-Home Culinary Experience	$215.00	Alexandra Hripko
Experience Waterton: Accommodation + Hiker Shuttle	$400.00	Jim Ross
Friendship, Love and Truth Kimono	$100.00	April Clements
Gift Unique Treasures: $200 Lemonceillo Gift Card	$150.00	Kelly Phillips
Glow and Golden Sweetness: Candle Gift Set	$25.00	Anita Lamarche
Health is Wealth: Immunity Bundle	$14.00	Pamela Brazil
Healthy 2026: Family Immunity Bundle	$46.00	Lise Yeung
Lively dining: $100 Porch Gift Card	$110.00	Alan Tennant
Occupied Staging Consultation	$105.00	Anita Lamarche
One Night Only: Pop's Greatest Hits	$31.00	Pamela Brazil
Plan Ahead with a Will	$285.00	Jeff MacKinnon
Prepare for the future with a Will	$455.00	Karen Salmon
Protect Your Property: Home Inspection	$285.00	Suzy Buckley
Relax this Season: Home Gift Basket	$75.00	Lise Yeung
Say goodbye to 2025: NYE Flames vs Philadelphia	$325.00	Brittanee Laverdure
Seasonal Spirits Gift Basket	$110.00	Kari-Ann MacDougall
This Must Be the Gift: Cold Garden Gift Basket	$75.00	Tim Walsh
Thymes' Frasier Fir Flocked Candle	$47.00	Brittanee Laverdure
Upgrade Your Kitchen Tools: Santoku Style Trimmer	$75.00	Jacquie Brown
Uplift Your Spirit with Affirmation Cards	$75.00	Lorenda Coles
Vacation Mode On: $300 AirBnB Gift Card	$250.00	April Clements
VIP Calgary Stampede Parade Experience	$385.00	Anonymous
Welcome 2026 with a freshly cleaned home	$175.00	Christine Richard
Welcome 2026: Calgary Flames vs. Philadelphia	$220.00	Lionel Sale

Home for the holidays: Local events this December you can't miss

Tue, 02 Dec 2025 15:32:00 -0700

The holidays are just around the corner! Whether you’re planning to enjoy a night at the orchestra, shop for gifts at local Christmas markets, or sip warm, festive drinks, Calgary offers plenty of experiences that capture the spirit of home.

Enchanted Festival at Spruce Meadows | Dec. 5-7, 12-14, 19-24

Check out Spruce Meadows’ lauded décor, including glistening horses, light tunnels and more, and step inside the 36,000 sq. ft. Equi-Plex to warm up with delicious snacks, films, and festive displays.

Calgary Phil Presents Handel's Messiah at Jack Singer Concert Hall | Dec. 4-5

Join conductor Stephen Stubbs, a cast of soloists, and the Calgary Philharmonic Chorus join the Orchestra for this quintessential holiday classic. Handel's beautiful oratorio combines music and drama in one of the greatest stories ever told.

Granary Road’s Christmas Market | Dec. 6-7, 13-14

Embrace the holiday spirit with Christmas carols, decorated trees, lights, and festive photos with Santa and the alpacas at Granary Road’s Christmas Market . All of their Christmas activities, including festive goat yoga and Christmas centrepiece workshops, will be running on Saturdays and Sundays between 10 a.m. to 4 p.m. until Dec. 14

Once Upon a Christmas at Heritage Park | Dec. 6-7, 13-14, 20-23

With fun indoor and outdoor activities, entertainment, and treats that will get you and your family into the holiday cheer—Heritage Park is one of Calgary’s most iconic holiday stops.

Sippin’ Santa at Ricardo’s Hideaway (18+) – Until Dec. 31.

The pop-up bar Sippin’ Santa runs from 5 p.m. until late. Check out the transformed island bar as it turns into a winter wonderland with limited edition, over-the-top Christmas tiki cocktails.

ZOOLIGHTS at Wilder Institute/Calgary Zoo – Until Jan. 4.

Nothing says Calgary holiday tradition like a visit to Zoolights. With over two million lights and over a 200 displays lighting up the night, as well as fire pits and activity zones, your visit to the zoo will become a visit to Winter Wonderland.

Outdoor Skating Rinks - Until season closes.

Lace up your skates and get outside for winter fun! The City of Calgary has lots of outdoor skating rink locations that are free to use on a first-come-first-served basis. Currently, some of the city's skating rinks are in early season conditions.

Conditions remain relatively balanced as we head into the winter months

Mon, 01 Dec 2025 12:11:00 -0700

In line with typical seasonal trends, sales, new listings and inventory levels all slowed relative to last month.

The 1,553 sales were met with 2,251 new listings, causing the sales-to-new-listings levels ratio to improve to 69 per cent. This also helped support some of the inventory adjustment. However, with 5,581 units in inventory, levels are still 28 per cent higher than last year and over 15 per cent higher than typical levels reported in November.

“Supply levels have been sitting higher than typical levels for the past three months, mostly due to the gains occurring in the higher-density sectors of row and apartment style units,” said Ann-Marie Lurie, CREB^®’s Chief Economist. “This is partially related to the additional supply choice coming from the new homes sector, some of which end up on the resale market, especially near the end of the year. While buyer’s market conditions are more prevalent for apartment-style homes and to a lesser extent row homes, outside of a few pockets of the market, both the detached and semi-detached markets are relatively balanced.”

The additional supply choice across resale, new and rental markets, is having the most impact on apartment and row style home prices which are reporting year-over-year price declines of seven and six per cent. In comparison detached home prices are down by two per cent compared to last November, but still higher than last year when looking at year-to-date figures. Overall, the unadjusted total combined residential benchmark* price in November was $559,000, nearly five per cent lower than last year.

*To keep the benchmark price relevant, once a year the attributes of a benchmark home are reviewed and the benchmark prices are updated. The review has been completed and the data has been updated. While all historical adjustments have occurred, old PDF monthly reports are not adjusted.

Detached

Detached sales in November were 823 units, just slightly lower than last year’s level, and relatively consistent with activity reported for November. The monthly reduction in new listings helped push down inventory levels compared to last month, but inventory remained well above the lower levels reported last year and are now relatively consistent with long-term trends. Overall, the months of supply remained around three months, reflecting a relatively balanced condition. Despite this we did see unadjusted prices trend down over last month, mostly reflecting seasonal patterns. As of November, the unadjusted detached benchmark price was $733,000, down by nearly two per cent compared to last November. However, when considering the year-to-date figures, prices are still one per cent higher than last year. Most of the downward price adjustments have occurred in the North East, North and East districts as competition from new homes and additional supply choice in other parts of the city are more heavily weighing on those districts.

Semi-Detached

Sales in November were comparable to levels reported last year and still well above long-term trends, but with new listings also higher than typical levels for this time of year, inventories rose to the highest November level seen over the past five years. While conditions have been generally tighter for this property type, over the past three months we have seen the months of supply remain above three months, resulting in more balanced conditions. While the unadjusted benchmark price of $671,700 did ease over last month, it remained stable compared to last year. Year-to-date price growth has been the strongest in this sector at nearly three per cent, with the largest gains occurring in the City Centre at four per cent, partially offsetting the one per cent pullback in the North district.

Row

November sales eased to 257, however, last year was a record high for the month and current sales remain above long-term trends. Where there continues to be more notable shifts is in supply. New listings remained comparable to last year and inventories, while reporting the typical seasonal decline, were at November levels not seen since 2018. The additional supply has caused the months of supply to remain slightly elevated, especially over the past three months. This has been placing some downward pressure on prices. In November, the unadjusted benchmark price was $424,400, down over last month and over six per cent lower than last year. While some of the monthly decline is seasonal, more persistent price declines have caused the year-to-date price to fall by nearly two per cent.

Apartment Condominium

This sector has struggled the most with excess supply. November sales dropped to levels consistent with long-term trends, but new listings remained elevated and November inventory levels hit a record high for the month. The months of supply edged near six months and has been sitting above four months since the summer. This has resulted in relatively persistent price adjustments throughout the second half of the year and as of November the unadjusted benchmark price was $309,300, seven per cent lower than last year at this time. Year-to-date the decline was just over two per cent, with the largest decline occurring in the North East district at nearly five per cent. The only district to see prices remain flat was the West district.

REGIONAL MARKET FACTS

Airdrie

As per typical seasonal behaviour, sales, new listings and inventory levels all eased over levels reported last month. Overall, both sales and new listings have remained at levels consistent with long-term trends for the month, but thanks to earlier gains inventory levels remain elevated for November. Some of the rise is due to a higher share of newer homes coming onto the resale market. The additional supply over the past several months has weighed on prices in Airdrie. While it has by no means offset the gains reported over the past four years, year-to-date benchmark prices for detached homes are down by nearly one per cent compared to last year.

Cochrane

The seasonal monthly pullback in new listings was not enough to prevent November levels from reaching a record high. While sales also remained relatively strong for November, it was not high enough to cause a more significant monthly pullback in inventories, which have not been this high in November since 2018. Some of the gains in new listings were due to a larger share of new homes being listed on the resale market. While recent gains in supply have caused some adjustments in price, prices continue to remain higher than levels reported last year. Year-to-date detached benchmark prices are nearly two per cent higher than levels reported last year.

Okotoks

Unlike other areas, sales in Okotoks improved compared to last month and were similar to levels reported last year. This in part could be related to the higher level of new listings that were available both in November and October, providing more choice to potential buyers. The Okotoks market has seen some recent gains in inventory levels, but overall supply remains well below long-term trends. Conditions have remained relatively tight in the Okotoks market and, despite some recent adjustments in prices, overall prices are still higher than last year on a year-to-date basis across each property type.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

This season, give gifts with a cause

Mon, 24 Nov 2025 08:45:00 -0700

The CREB^® REALTOR^® Community Foundation’s online silent auction is live!

Until Dec. 11, participants can bid and win, all while helping provide shelter to our community’s most vulnerable.

All proceeds from the auction will go to local non-profit organizations that provide housing and shelter solutions.

In the past, the Foundation has supported organizations such as Inn from the Cold Society, Discovery House Family Violence Prevention Society, and Ronald McDonald House Charities Alberta.

Our available prize packages include:

• Photography packages from Urban Measure

• A home inspection from A Buyer’s Choice

• A will from Alloy Law LLP

• Tickets to the Flames game on New Year’s Eve

• And much more!

Everyone is welcome to participate, so tell your friends and family to help the foundation reach its goal of raising $10,000!

Start bidding today

For more information about CREB^® REALTOR^® Community Foundation’s online silent auction, and to place your bids until Dec.11, click here.

How to choose a neighbourhood that fits your lifestyle

Tue, 04 Nov 2025 10:37:00 -0700

Where you live shapes how you live. From your morning routine to weekend plans, your neighbourhood plays a big role in your day-to-day experience.

And with Calgary’s ever-evolving communities—thanks to shifting demographics and new developments—finding the right fit is now more important than ever.
Whether you're a lifelong Calgarian or new to the city, here are five key factors to consider when choosing a neighbourhood that aligns with your lifestyle and long-term goals:

Proximity to essential services and amenities

Think beyond convenience. Access to schools, healthcare, places of worship, shopping centres, parks, and restaurants can significantly impact your quality of life. These features also influence a neighbourhood’s appeal to future buyers, making them important considerations for living and investing.

Safety and security

Peace of mind is priceless. A safe neighbourhood not only contributes to your well-being but can also help preserve or increase your property’s value over time. If you're in Calgary, you can explore the Crime Map by Community to get a clearer picture of safety in different areas.

Commute times and transportation options

Your daily commute matters. Whether you prefer to drive or take public transit, ask yourself: How long will it take to get to work or school? Is there easy access to major roads or public transit?

Understanding your commuting preferences and the transportation infrastructure can help you choose a neighbourhood that supports your lifestyle.

Resale value and future growth

If you're buying a starter home, consider features that will appeal to future buyers—like architectural style, school quality, and walkability. Also, look into upcoming developments, zoning regulations, and city plans that could influence property values in the years ahead.

Ready to start your real estate journey? CREB^® REALTORS^® bring local expertise and market insight to help you find a neighbourhood that fits your lifestyle or investment goals. They can guide you through the process, answer your questions, and help you make informed decisions with confidence.

Visit the CREB^® Consumer Hub for resources tailored to buyers, sellers, and renters. With the right knowledge—and a trusted REALTOR^® by your side—you’ll be well-equipped to navigate Calgary’s dynamic housing market.

To connect with a REALTOR^®, visit realtor.ca.

Pace of new listings growth slows, preventing further inventory gains

Mon, 03 Nov 2025 12:23:00 -0700

Inventory levels eased over last month thanks to the combined impact of a monthly pullback in new listings and a monthly pick up in sales.

With 6,471 units in inventory and 1,885 sales the October months of supply returned to three-and-a-half months after pushing up to four months in September. While both row- and apartment-style properties continue to report elevated supply levels compared to demand, conditions remain relatively balanced for both detached and semi-detached properties.

Year-to-date sales in the city totaled 20,082, down nearly 16 per cent compared to last year, but still in line with longer-term trends. Much of the decline in sales has been driven by pullbacks for apartment- and row-style homes.

“Improved rental supply and easing rents have slowed ownership demand for apartment- and row-style homes. It is also these segments of the market that have seen October inventories reach a record high for the month,” said Ann-Marie Lurie, CREB^®’s Chief Economist. “Excess supply for apartment- and row-style properties is weighing on prices in those segments more so than any other property type, influencing total residential prices.”

As of October, the total unadjusted residential benchmark price in Calgary was $568,000, down nearly one per cent compared to last month and over four per cent lower than last year’s levels. The largest price adjustments occurred for row- and apartment-style properties where prices have eased by a respective six and seven per cent compared to last October.

Detached

October sales reached 1,012 units, an improvement over last month, but still five per cent lower than last year’s levels. At the same time there were 1,593 new listings that came onto the market, causing the sales-to-new-listings ratio to rise to 64 per cent and inventories to trend down over last month to 2,913. Inventory levels remain slightly higher than long-term trends for the month, but with just under three months of supply, conditions remain relatively balanced and far better than conditions reported during the 2015 to 2019 period. Despite relatively balanced conditions, there are pockets of the market that are experiencing buyer’s market conditions, which is impacting prices. Citywide detached benchmark prices eased to $744,400 in October, one per cent lower than last year. However, price adjustments ranged from a year-over-year gain of nearly two per cent in the City Centre to a decline of over five per cent in the North East district. Despite recent adjustments, year-to-date prices remain over one per cent higher than last year.

Semi-Detached

Sales improved over last month while new listings slowed, causing the sales-to-new-listing ratio to rise to 57 per cent, which is slightly lower than typical levels for this time of year, but high enough to prevent any significant change in inventory levels compared to last month. With 186 sales and 613 units in inventory, the months of supply was over three months, higher than last year’s extremely low levels, but lower than last month. More inventory choice has weighed on prices over the past several months. However, with an October benchmark price of $683,100, prices remain nearly one per cent higher than last year and on a year-to-date basis are over three per cent higher than last year.

Row

With 275 sales in October, year-to-date row sales totaled 3,412 units, a 17 per cent decline over last year. While row sales remain well above long-term trends, new listings have been on the rise and reached record highs so far this year. As of October, there were 1,054 units in inventory, the highest ever reported for the month and nearly 32 per cent higher than long-term averages. This also caused the months of supply to remain around four months. The additional supply choice has weighed on prices. The October benchmark price was $431,200, over one per cent lower than last month and nearly six per cent lower than prices reported last year at this time. The steady slide in row prices have caused year-to-date prices to drop by one-and-a-half per cent. Price adjustments did vary across the city with the largest year-to-date declines occurring in the North East and North districts.

Apartment Condominium

The pullback in new listings relative to sales this month did help prevent further gains in inventory levels. However, with 1,891 units in inventory and 412 sales, the months of supply remained elevated at nearly five months. Apartment condominiums have been experiencing buyer’s market conditions for nearly 6 months, placing downward pressure on prices. As of October, the benchmark price was $318,200, down over one per cent compared to last month, and nearly seven per cent lower than last October. On a year-to-date basis, prices are nearly two per cent lower than last year’s levels. The largest year-to-date price declines occurred in the North East and South East districts at four per cent, as those districts are either reporting the highest months of supply on the resale market or are facing significant competition from the new home market.

REGIONAL MARKET FACTS

Airdrie

Activity slowed as we moved into October. While sales have remained consistent with longer-term trends, new listings reached a record high for October, keeping inventories elevated. With 535 units in inventory and 136 sales, the months of supply remained over four months. The persistently higher months of supply over the past four months, combined with additional supply choice in the new home market, has weighed on resale home prices. Prices in Airdrie have been trending down since April of this year and as of October the benchmark price was $520,400, nearly one per cent lower than last month and nearly five per cent lower than last year’s levels.

Cochrane

Sales in Cochrane improved this month, keeping year-to-date sales at levels that are relatively consistent with last year. At the same time, while levels remained high, new listings did trend down over last month, causing the sales-to-new-listings ratio to rise to 55 per cent and preventing any further gains in inventory levels. The months of supply eased to just over four months in October, higher than the low levels reported over the past several years, but relatively more consistent with long-term trends for the month. As of October, the benchmark price was $585,200, similar to last month and over two per cent higher than last year. Year-to-date prices in the area have risen by nearly four per cent. Some of the gain in prices could be related to a larger share of new homes ending up being sold on the resale market in Cochrane.

Okotoks

October reported 91 new listings on the market, a significant gain over last month and last year’s levels. The rise in new listings was met with slower sales activity, causing the sales-to-new-listings ratio to dip below 50 per cent, supporting a modest gain in inventory levels. While inventory levels are finally improving, they remain low relative to longer-term trends. This has likely prevented a more significant shift in prices in the Okotoks area. In October, the unadjusted benchmark price was $618,600, up over last month but consistent with last October. Year-to-date benchmark prices have improved by over one per cent.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Supporting Calgary one project at a time

Tue, 21 Oct 2025 09:57:00 -0600

The CREB^® REALTOR^® Community Foundation presented Community Grant cheques last week to Society for Autism Support and Services, Discovery House Family Violence Prevention Society, Inn from the Cold and Unison Society.

Each organization is thrilled about the funding for their projects and the positive impact it will have on the Calgarians they support.

The foundation was able to increase the amount of annual funding this year with a total of $197,675 allocated to the Community Grant, which is $80,000 more than 2024.

These grants will assist with major repairs and renovations to existing housing or shelter supply, with the goal of keeping people housed in their communities.

New showsuites coming to Magna by Jayman BUILT

Mon, 13 Oct 2025 10:20:00 -0600

Magna by Jayman BUILT is here, and the opportunity to experience peak luxury living in one of Calgary’s most coveted communities is within reach.

This modern masterpiece, nestled in the vibrant University District, is more than just a home—it’s an elevated living experience.
With a wide range of thoughtful features and design touches, Magna offers unparalleled convenience, comfort, and style. It’s the level of luxury all others are measured by.

A location like no other

Situated in the heart of University District, Magna residents will enjoy access to an incredible array of amenities just steps away from their front door. From trendy shops and chic restaurants to scenic parks and culture as well as entertainment hot spots, this vibrant community has something for everyone. Whether you’re grabbing a coffee with friends, catching a movie or enjoying a walk in the park, the location is ideal for those who want to enjoy the best of urban living.

Premium features for modern living

How do you measure luxury? When you choose Magna, you’re not just investing in a home—you’re investing in a high-end lifestyle. Each residence features:

• Single-level living: Easy access and practical living spaces designed for comfort and entertainment.

• Floor-to-ceiling commercial grade windows: Bright, open spaces that offer stunning views and abundant natural light.

• Curbless entry showers: Sleek, spa-inspired ensuites for ultimate relaxation.

• Tranquility courtyard: A peaceful outdoor retreat for residents to enjoy.

• Concrete construction: Ensuring durability and enhanced soundproofing for a quieter home.

• 10’ to 12’ ceilings: Create a sense of openness and grandeur in your living space.

• Engineered hardwood flooring: Stylish and durable flooring.

• European-built kitchen cabinetry: Sophisticated, high-end finishes for a modern kitchen experience.

• 8’ solid core oak or walnut doors: Elegant and strong doors that provide a luxury feel.

• High-end luxury appliance package: Top-of-the-line appliances for the discerning home chef.

• Waterfall-edge islands: Exquisite granite or quartz, adding elegance and functionality to your kitchen.

New show suites opening this October

Get ready to explore the stunning new show suites opening in October. This is your chance to experience the exceptional quality and craftsmanship that Jayman BUILT is known for. Magna offers homes that are designed for a modern lifestyle, with a variety of layouts and sizes ranging from 844 sq. ft. to 2,540 sq. ft. Whether you're downsizing or seeking a more luxurious living environment, Magna delivers.

A range of pricing to suit your lifestyle

Magna’s homes come in a variety of price ranges, starting from the $730’s and extending to $2.7M, making it an ideal choice for both those seeking more affordable luxury and those looking for a more expansive, high-end living experience. With floorplans designed to suit various lifestyles, you’ll find the perfect space to call home at Magna Condominiums.

A seamless home-buying experience

Jayman BUILT’s commitment to quality and customer satisfaction is evident in every aspect of Magna. From their knowledgeable sales team to their attention to detail in every design feature, the process of buying a home with Jayman is seamless, reassuring, and stress-free. Their reputation for excellence ensures that your experience will be nothing short of exceptional.

Move-in ready homes for early next year

Don’t miss your chance to live in this prime location with the added benefit of 2026 move-in dates. Magna offers the ideal blend of luxury and convenience in an unbeatable location, with homes that promise a lifestyle of comfort, sophistication, and relaxation.

Ready to learn more? Come visit the new show suites Oct. 18 and speak with the Magna sales team to secure your place in this highly sought-after community, or go to https://www.jayman.com/find-your-home/communities/magna-by-jayman-built to learn more.

Onwards and upwards: How the Transformation Grant helped create healthier living conditions

Thu, 02 Oct 2025 08:57:00 -0600

For nearly 50 years, Onward Homes has provided homes to low-income Calgarians, ensuring they have an appropriate, affordable place to live.

The non-profit currently owns and operates more than 2,200 units across 33 buildings and works with more than 60 social-service agencies who refer and support their residents.

In 2024, the CREB^® REALTOR^® Community Foundation awarded a $15,000 Transformation Grant to Onward Homes to support the replacement of Poly-B piping in the organization’s Emma House – a transitional housing offering for expectant mothers experiencing or at risk of homelessness.

Poly-b piping is prone to leaking and failing that can result in water damage and flooding. Therefore, this replacement helped avoid interruptions to the safety and peace of mind of expectant mothers and newborns residing there.

“Onward has drastically reduced the risk of water damage, mold, and the stress that comes with plumbing emergencies—especially important for expectant mothers and newborns who need a safe, stable environment,” says Beverly Jarvis, Director, Engagement and Communications at Onward Homes.

Jarvis adds that this upgrade has largely eliminated unexpected disruptions or necessary relocations due to burst pipes, creating healthier living conditions and affording greater confidence for the residents at a critical time in their lives.

Altogether, these benefits allow residents to make plans for their future, connect with community supports and give their child a healthier start in life.
“When I moved into Emma House, I found myself in a home where I was accepted and loved. My baby grew inside of me with the care and good food that I received,” says a former Emma House resident.

“I was encouraged and grew in determination to carry myself with dignity.”

The importance of title insurance

Thu, 02 Oct 2025 08:44:22 -0600

Title insurance is an insurance policy that protects the buyers and the lender’s interests against losses that may arise with respect to the property’s title or ownership.

In Alberta, we have the Torrens System to register title, which means that as a buyer, your title is guaranteed by the province. If there is a title defect, the Torrens System prevents a seller from going back in history, finding a technical flaw in a historical transfer and then claiming title.

In addition, the system allows you to fully rely on the registrations that are registered at the Alberta Land Titles Office.

So, why is having title insurance important?

Beyond the Torrens System, title insurance is an additional form of protection for a buyer and their lender during a real estate purchase and after they own the home. It’s important because it helps to prevent financial losses from:

Fraudulent real estate transactions, such as situations where fraudsters impersonate homeowners to obtain mortgage financing.
Violations of municipal zoning by-laws and building permits.
Existing liens registered against the property’s title, such as unpaid utility, mortgage, condo charges, and property taxes from the previous owner.
Errors in surveys and public records; and
Unknown title defects that prevent the buyer from having clear ownership of the property which may impact their ability to sell, lease or mortgage their property in the future.

Please note: Every insurance policy will have a detailed list of what risks the specific policy insures.

What is typically not covered under title insurance?

Possible exclusions to title insurance may include:

Title defects that you knew about before purchasing your property.
First Nations land claims.
Issues only discoverable by a new survey or property inspection.
Problems not listed in public records (such as unrecorded liens and encroachments) and
Zoning bylaw violations that you are responsible for creating.

Remember: It’s important that you read the terms of your insurance policy to fully understand the exclusions from your coverage.

How much does title insurance cost?

People purchase title insurance from an insurer (usually by the buyer of a home or an existing homeowner) and costs a one-time fee, called a premium, that varies depending on the value of your property. Typically, a home valued at under $500,000 will cost around $250 to $350.

How long does my coverage last?

Title coverage lasts as long as the client will own the property and covers losses up to the maximum coverage set out in the policy. Most policies even extend coverage to heirs (through a will), to a spouse in the event of a divorce, and to children when a parent transfers property to that child or children.

Many people contact Kahane Law with real estate related problems years after they bought a home and forgot that they had purchased this protection.

If you have any questions or concerns, please do not hesitate to contact Kahane Law Office and their skilled team will be happy to assist you with your questions. You can call at 403-225-8810 or email at realestate@kahanelaw.com.

A boost in new listings drives further inventory gains and price adjustments

Wed, 01 Oct 2025 13:54:58 -0600

The 1,720 sales in September were not high enough to offset the 3,782 new listings coming onto the market, driving further inventory gains as we move into the fall. There were 6,916 units in inventory in September, 36 per cent higher than last year and over 17 per cent higher than levels traditionally reported in September. Both row and apartment style homes have reported the largest boost in supply compared to long-term trends.

“Supply levels have been rising in the resale, new home and rental markets. The additional supply choice is coming at a time when demand is slowing, mostly due to slower population growth and persistent uncertainty. Resale markets have more competition from new homes and additional supply in the rental market, reducing the sense of urgency amongst potential purchasers. Ultimately, the additional supply choice is weighing on home prices,” said Ann-Marie Lurie, CREB® Chief Economist.

Supply levels relative to demand typically drive shifts in home prices. In September, the sales to new listings ratio dipped to 45 per cent, and the months of supply pushed up to four months for the first time since early 2020. This is a higher level of supply compared to demand than is typically seen in the Calgary market and, should this persist, we could see a market that shifts more in favour of the buyer. However, conditions do vary by property type, price range and location.

Inventory gains for apartment style homes over the past several months have contributed to buyer market conditions in this segment, driving year-over-year price adjustments of over six per cent for a total benchmark price of $322,900 in September. While the detached segment has also seen a rise in the months of supply, it has not been as high as the apartment condo sector. At a benchmark price of $749,900, detached home prices are only one per cent lower than last year, with most of the adjustments driven by the North East and North districts.

Detached

Sales in September slowed to 859 units, nine per cent lower than last year and below long-term trends for September. At the same time, new listings rose to 1,905 units, causing the sales to new listings ratio to fall to 45 per cent, levels not seen since 2018. While there has been an unexpected shift in September, it is too early to tell if this trend will continue as prior to this month the detached market has remained relatively balanced.

Improved supply choice is causing prices to decline relative to the record highs reported during the spring. As of September, the unadjusted benchmark price was $749,900, down nearly one per cent from both last month and last year. While prices have eased from peak levels across all districts, the largest decline occurred in the North East and East district at over six per cent. Despite recent adjustments on a year-to-date basis, prices remain nearly two per cent higher than last year’s levels, with the City Centre reporting the highest gain at over four per cent.

Semi-Detached

New listings rose to 361 units in September, while sales fell to 156 units, causing the sales to new listings ratio to drop to 43 per cent. This also caused a rise in inventory levels and the months of supply pushed up to nearly four months. This is a significant shift compared to last month, where there was less than three months of supply.

Like the detached sector, it is too early to say if this trend will continue, but so far it has had minimal impact on home prices. As of September, semi-detached price was $684,800, slightly lower than last month and nearly one per cent higher than last year. Year-to-date price growth has been the highest for semi-detached homes at over three per cent, as this segment took longer to shift from a seller's market to one that was more balanced. Most of the price growth was driven by gains reported in the City Centre.

Row

Following a pullback last month, new listings posted modest monthly gains. The 592 new listings were met with 304 sales, causing the sales to new listings ratio to fall to 51 per cent. This is not as low as the other property types and at these levels it was enough to prevent any further monthly gain in the already elevated inventory levels. September inventory levels were 1,099 units, the highest September level reported since 2018, and 30 per cent higher than longer-term trends for the month. The largest gains in inventory occurred in the North East district, which also reported the highest months of supply and price decline compared to last year.

More supply choice has impacted resale prices, with the unadjusted benchmark price being $437,100. This is down less than one per cent over last month and nearly five per cent lower than last year’s prices. Year-to-date price adjustments have been much smaller at one per cent, as declines in the North East, North and South East districts offset the gains reported in other parts of the city.

Apartment Condominium

The most significant adjustment in the market occurred in the apartment condominium sector as improving rental supply, delayed adjustments in interest rates and improved selection for other property types has slowed apartment style demand from both first-time buyers and investors. September reported 401 sales and 924 new listings, dropping the sales to new listings ratio to 43 per cent and causing inventory to rise to 1,999 units.

The rise in supply caused the months of supply to push up to five months, the first time it has done that since 2021. As elevated levels of supply have persisted since June, prices have been trending down. As of September, the benchmark price was $322,900, down over one per cent compared to last month and over six per cent compared to last year. The year-to-date price adjustment has been just over one per cent. Condo prices have slid across all districts compared to last September. The largest decline occurred in the North East district at over ten per cent, while the smallest decline occurred in the City Centre at five per cent.

REGIONAL MARKET FACTS

Airdrie

New listings reached a September record high with 295 units. The gains in new listings were met with a pullback in sales causing the sales to new listings ratio to fall to 45 per cent and inventory rose to 571 units. While inventories have been generally trending up throughout this year, this is the first time that the months of supply pushed above four months since 2020. The improved options weighed on home prices, which continued to trend down this month. In September, the unadjusted benchmark price was $526,000, down one per cent compared to last month and nearly five per cent lower than last year's levels. Despite recent adjustments year-to-date prices declined by just over one per cent, not enough to offset last year's annual growth of eight per cent.

Cochrane

New listings in Cochrane also hit a September record high with 148 units. While sales are similar to last year's levels at 62 units, the boost in new listings did cause the sales to new listings ratio to drop to 42 per cent this month. This led to further inventory gains and the months of supply pushed above five months. Improved supply levels also took more pressure off home prices this month. In September, the unadjusted benchmark price was $584,300, down by nearly one per cent compared to last month, but still one per cent higher than last year's levels. Much of the supply adjustment has only recently occurred in the Cochrane market and the year-to-date benchmark price remains nearly four per cent higher than last year.

Okotoks

Okotoks was one of the few larger areas that did not see a lift in new listings in September. The 69 new listings were down compared to levels reported last year, and with 51 sales this month, the sales to new listings ratio remained elevated at 74 per cent. While inventory levels were only slightly higher than last month, the months of supply has remained relatively low at two and a half months. Despite the relatively tight conditions, prices continued to adjust in the market. This in part can be related to the competition from new properties, impacting resale prices. As of September, the total residential benchmark price was $613,900, down by over one per cent compared to last month and nearly three per cent lower than last September. Despite the adjustment, on a year-to-date basis, prices were still one and a half per cent higher than last year.

The Thanksgiving 50/50 Raffle is back – help us make a difference!

Thu, 25 Sep 2025 11:28:28 -0600

This Thanksgiving, give back and support local housing and shelter charities by purchasing a 50/50 ticket through the CREB^®REALTOR^®Community Foundation’s latest raffle!

Powered by Calgary and area REALTORS^®, the CREB^®REALTOR^®Community Foundation is a charitable organization that supports local non-profits to create new housing, keep people housed and improve housing quality.

Some of the local organizations the foundation supports include the Calgary Dream Centre, Ronald McDonald House Charities Alberta, Inn from the Cold, Discovery House, The Calgary Drop-In Centre, and more.

Last day to purchase 50/50 tickets: Oct. 13 @ 11:59 p.m.
Draw date: Oct. 14
Prize: The winner takes half the pot

Help provide shelter to our community’s most vulnerable by purchasing a ticket today!

Thank you for your participation and support, good luck!

CREB® REALTORS® Increase Grants to Non-Profits that Provide Housing to Vulnerable Calgarians

Tue, 23 Sep 2025 13:42:26 -0600

CREB^® REALTOR^® Community Foundation has awarded Community Grants to Society for Autism Support and Services, Inn from the Cold Society, Unison Society, and Discovery House Family Violence Prevention Society.

The foundation was able to increase the amount of annual funding this year with a total of $197,675 allocated to the Community Grant, which is $80,000 more than 2024. These grants will assist with major repairs and renovations to existing housing or shelter supply, with the goal of keeping people housed in their communities.

“These organizations are making a meaningful difference every single day, transforming lives and strengthening the communities they serve,” said Christian Twomey, Chair of the CREB^® REALTOR^® Community Foundation. “Every CREB^® REALTOR^® contributes to the foundation, and they take great pride in giving back to their city by helping charities who provide safe, stable housing to those who need it most.”

Society for Autism Support and Services (SASS)

Society for Autism Support and Services is a charity that offers specialized services to individuals with autism. The organization was founded in 1972 and has continued to grow ever since. They now offer early intervention, ECS programs, out of home living placements, life skills training and adolescent and adult vocational programs.

Grant funds will replace the bedroom windows in the facility used for the Out-of-Home Living Program. The new windows will improve the safety, privacy and energy efficiency of the aging building, thus making the bedrooms more comfortable for the children living there.

“Like many charities, Society for Autism Support and Services (SASS) faces the challenge of delivering high-quality programs while maintaining our aging facilities. This grant will help ensure that autistic youth with complex needs and their families, have access to safe housing that fosters learning and well-being. This grant will help us install new energy-efficient windows, reducing utility costs and allowing more resources to be directed toward vital programming. We look forward to partnering with the CREB^® REALTOR^® Community Foundation to complete the project,” said Kim Ward, Executive Director.

Inn from the Cold Society

Inn from the Cold is a charity that supports families in finding stability during times of crisis. Their three main programs supporting families experiencing the trauma and stress of homelessness, provide emergency and transitional shelter to families, and help families and expectant mothers facing homelessness find stable housing.

Inn from the Cold’s Journey House, a 10-unit affordable housing complex, needs essential repairs and upgrades to improve safety and quality of living for the residents. The grant funds will support improvements to the boiler room, HVAC, security systems and other facility upgrades.

“CREB^® REALTORS^® have stood beside us for many years, helping families experiencing homelessness find stability and hope. Thanks to their support, we’ve been able to improve the quality of our affordable housing and create safe, welcoming homes. We are so grateful for this partnership that continues to change lives,” said Heather Morley, CEO.

Unison Society

Unison Society is a non-profit organization that empowers individuals over the age of 50 to lead fulfilling lives. They do this through programs and services that promote a healthy lifestyle with good food, physical activity, courses and access to trusted resources.

“We are thrilled to be receiving funding from the CREB^® REALTOR^® Community Foundation. We will now be able to make vital infrastructure improvements to Unison’s Elder Abuse Shelter that provides a critical safe haven for seniors experiencing abuse, individuals often forced to flee their homes abruptly due to physical, emotional, or financial harm. Your support of our laundry room renovation is critical for daily living, hygiene and the dignity of seniors living in our shelter. We look forward to partnering with CREB^® REALTOR^® Community Foundation to improve the quality of the experience for the vulnerable seniors housed in Unison’s Elder Abuse Shelter,” said Larry Mathieson, President & CEO.

Discovery House Family Violence Prevention Society

For over 40 years, Discovery House Family Violence Prevention Society has served women and children leaving domestic violence, helping them rebuild their lives. Discovery House’s shelter was built in 2002 and the organization supports approximately 600 people a year, most of them children. The shelter has two-, three-, and four-bedroom apartments, a childcare centre, counselling rooms, community spaces, and an enclosed courtyard with a play area and garden.

The grant funds will go towards upgrading the building’s HVAC system to ensure it continues to operate efficiently. This will prevent disruptions to the families who utilize the shelter and allows Discovery House to provide a functional and safe environment.

"The support of the CREB^® REALTOR^® Community Foundation will help Discovery House provide families leaving domestic violence with the safety, stability, and supports they need to rebuild their lives. We are so grateful for this investment in creating brighter, safer futures for women and children in our community,” said Leslie Hill, Executive Director.

Wildlife road safety tips

Wed, 03 Sep 2025 12:20:20 -0600

Canada is well known for providing some of the most memorable wildlife encounters. We’re lucky to live in a country where the likelihood of seeing a moose in a marsh along a highway isn’t unrealistic.

There are many wild animals and if you’re planning a road trip, you need to be aware of the possible hazards created by these wild residents roaming the highway.

Accidents involving wildlife in Canada vary from province to province. Approximately 80% of collisions involve deer and 1 out of every 17 motor vehicle collisions involve a wild animal, costing the insurance industry approximately $800 million annually. Fatalities due to wildlife collisions are most prevalent in Alberta at 22%, followed by Ontario at 17% and Quebec at 16%. These and other statistics noted on the Traffic Injury Research Foundation website support the importance of reducing your risk of wildlife collisions.

Tips for reducing the risk of a wildlife collision:

Drive with extra caution during spring and fall, especially at dusk and dawn, as this is when animals are most active.
The faster you’re going, the greater the distance you’ll need to stop. Always obey the speed limit, as some areas purposely have reduced limits where wildlife is prominent.
Pay attention to yellow, diamond-shaped signs which indicate where animals are known to cross and take extra caution in these areas.
Actively scan for wildlife in both rural and urban areas, especially in ditches ahead.
If you see one animal, chances are there are more. So slow down and exercise caution.
Keep your windshield and headlights clean to ensure an unencumbered view.
At night, use your high beams when possible and watch for the reflection of an animal’s eyes.
Consider an animal deterrent. A deer whistle, which emits an ultrasonic noise, is believed to help prevent collisions and can be attached to a vehicle.

What to do if you hit a wild animal:

Stay calm. Pull off the road safely and turn on your hazard lights.
If the animal is lying in the road, direct your headlights toward it so other drivers can see it.
Don’t approach the animal – an injured animal can be dangerous.

Who to contact after an accident:

If you’re injured, call 911.If the animal is still on the road, call the local RCMP to assist with removing it.
Call your insurance company as soon as it’s safe to do so. Take photos of your vehicle and the collision site.
In some provinces it’s required that you report a wildlife collision. Employ the assistance of the local RCMP as they’ll liaise with wildlife control or conservation officers.

Understanding your insurance – does it cover animal collisions?

If your auto policy includes comprehensive insurance, you’re covered for animal collisions. This coverage typically includes damages to your car caused by events out of your control – like collisions with animals. However, comprehensive auto coverage is not mandatory. This coverage typically covers damages to your car caused by events out of your control – like collisions with animals. If you only have liability insurance, which primarily covers damages you cause others, you’re generally not covered for animal collisions. Always ensure you talk with our insurance advisor and understand what type of coverage you have on your insurance policy.

Rest Assured, BrokerLink Has You Covered*

Call 1.833.998.3798 or visit BrokerLink.ca/CREB

In partnership with Calgary Real Estate Board (CREB ^®), BrokerLink is proud to offer members exclusive insurance discounts on home and auto insurance.

Price declines mostly driven by higher density home types

Tue, 02 Sep 2025 12:23:53 -0600

Improving supply choice has changed the dynamics of the Calgary market driving price declines over the past several months.

Higher price adjustments are occurring for apartment and row style properties while detached and semi-detached properties have reported modest declines. As of August, the unadjusted total residential benchmark price was $577,200, down over last month and nearly four per cent lower than levels reported last year.

“Perspective is needed when it comes to price adjustments. The most significant price adjustments are occurring for row and apartment style homes as they are also the product type that are facing the largest gains in supply choice,” said Ann-Marie Lurie, Chief Economist at CREB^®. “Meanwhile price adjustments in the detached and semi-detached markets range from modest price growth in some areas to larger price declines in areas with large supply growth. Overall, recent price adjustments have not offset all the gains that have occurred over the past several years.”

August reported 1,989 sales, nearly nine per cent lower than last year. Sales have slowed compared to the high levels reported over the past four years. However, activity is still above long-term trends, reflecting relatively strong demand. What has changed is the supply situation. New listings remain elevated, keeping the sales-to-new-listings ratio below 60 per cent and pushing inventory to 6,661, the highest August amount since 2019.

More inventory choice coupled with lower sales has caused the months of supply to rise to 3.4 months in August, much higher than the sellers' market conditions reported over the previous four years, but still well below the buyer market conditions observed prior to the pandemic. While the market is much more balanced compared to last year, there is significant variation depending on property type, price range and location.

Detached

Detached home sales eased to 995 units in August, while new listings rose to 1,748 units, keeping the sales-to-new listings ratio below 60 per cent. This prevented any significant shift in inventory, as the 3,051 units were the highest levels reported in August since 2020. Higher inventory levels and easing supply have helped balance out the detached market. However, districts like the North East, North and East are experiencing buyer market conditions.

The unadjusted benchmark price in August was $755,600 down by nearly one per cent over last month and last year's levels. While prices have eased there is significant variation depending on location. Compared to last year, prices reported the largest decline in the North East and East district at five per cent, while prices in the city centre were over two per cent higher. As many of the adjustments have occurred over the past few months, year-to-date Calgary prices remain two per cent higher than last year.

Semi-Detached

August sales improved over last year’s levels, but it was not enough to offset earlier pullbacks with year-to-date sales of 1,557—eight per cent lower than last year—but higher than long-term trends. At the same time, new listings slowed compared to sales pushing the sales-to-new listings ratio up to 67 per cent and preventing any further monthly inventory gains. Inventory gains have not been as high for this product type, and the months of supply remained below three months in August. This is one of the reasons that the prices have not seen the same adjustment.

In August the unadjusted benchmark price was $687,200 down over last month, but nearly one per cent higher than last year, and nearly four per cent higher on a year-to-date basis. Price growth has varied across the city, with the largest year-over-year gains occurring in city centre. Meanwhile the largest declines have occurred in the North East, East and North districts.

Row

Sales in August slowed, contributing to the year-to-date decline of nearly 16 per cent. While new listings did ease in August compared to last year and last month, they have generally been on the rise pushing up inventory levels. In August, there were 1,103 units in inventory, reaching the second highest level on record for August, only slightly lower than the record high in reported in 2018. Due to the relatively strong sales, the months of supply has only pushed slightly above three months, far more balanced than last year, but not as high as the 6.4 months report back in 2018.

Nonetheless, additional supply choice has weighed on prices. In August, the unadjusted benchmark price in the city was $439,600, reflecting the fourth consecutive monthly decline and nearly five per cent lower than last August. While prices eased across all districts, price declines exceeded five per cent in the North East, North, South and East districts. These districts generally reported high levels of supply in the resale sector or had significant competition from new home supply.

Apartment Condominium

Sales continue to slow in August contributing to a year-to-date pullback of nearly 30 per cent. While sales are still above long-term trends, they have not been high enough to offset the level of new listings in the market. In August alone there were 877 new listings compared to the 449 sales, keeping the sales-to-new-listings ratio relatively low at 51 per cent. The low ratio that has persisted throughout this year has contributed to the higher inventory levels seen in the market. While August inventory levels did not rise over last month, with 1,979 units available, this is the highest August inventory ever reported.

The months of supply for apartment condos have remained around four months since June. The excess supply relative to demand has been weighing on prices. As of August, the unadjusted benchmark price was $326,500, reflecting the fifth consecutive monthly decline and nearly six per cent lower than levels reported last August. Most of the supply is concentrated in the City Centre, which reported a year-over-year decline of five per cent, slightly higher than the rate of decline reported in the West district at three per cent. Meanwhile, the highest price declines occurred in the North East district at over 11 per cent.

REGIONAL MARKET FACTS

Airdrie

Easing sales in August contributed the year-to-date decline of 12 per cent for 1,248 sales so far this year. The 152 sales this month was met with 265 new listings, pushing the sales-to-new listings ratio up to 57 per cent and preventing any further monthly inventory gains. As of August, there was 535 units in inventory, above long-term trends and the highest levels reported since before the pandemic. The rise in supply has helped shift the market to more balanced conditions. However, with more supply options in both the new home, resale markets and in competing locations, there has been some downward pressure on prices in Airdrie. In August, the unadjusted total residential benchmark price was $531,100, down over last month and four per cent lower than levels reported last August.

Cochrane

The 70 sales this month were met with 139 new listings causing the sales-to-new listings ratio to fall to 50 per cent, the lowest ratio reported for August since 2015. The pullback in sales compared to new listings prevented any significant shift in inventory levels, pushed the months of supply up above four months. Despite the shift this month, prices in Cochrane remained relatively stable in August, with the unadjusted benchmark price sitting at $589,100, similar to last month and nearly two per cent higher than last year. On a year-to-date basis prices are four per cent higher than the previous year.

Okotoks

New listings in August reported a significant pullback relative to sales and the sales-to-new-listings ratio pushed up to 80 per cent. While sales have generally remained in line with long-term trends, new listings have not had the same increase that other areas have reported, preventing significant gains in inventory levels. As of August, there was 116 units in inventory, a 29 per cent gain over last year, but still 30 per cent lower than levels traditionally seen in August. Despite tighter conditions, prices have reported some monthly declines. However, year-to-date benchmark prices remained two per cent higher than last year’s levels, with gains reported across each property type.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Calgary's Heritage Neighbourhoods

Mon, 01 Sep 2025 07:00:00 -0600

In the confluence of the Bow and Elbow rivers lies Calgary. Incorporated in 1884 as the first town in what is now the province of Alberta, Calgary received city status in 1894.

While our city has come a long way with growth, continuous economic development and an increase of cultural diversity, it's always interesting to look back at where we came from. Here's a list of Calgary's oldest neighbourhoods and how they have evolved.

Inglewood

Inglewood was established in 1875, preceding the arrival of the Canadian Pacific Railway in 1885.

Located less than four kilometres east of downtown Calgary, Inglewood is Calgary's oldest neighbourhood and has evolved into a dynamic community that blends heritage and industrial buildings with modern developments.

Some of the historic buildings you can find in Inglewood include Fire Station No.3, one of Calgary's first fire stations and Hunt House, the city's oldest standing building that is still located on its original site.

150 years after its establishment, Inglewood is also home to art galleries, international food restaurants, boutiques, the bird sanctuary, and a vibrant night market in the summer. It's a neighbourhood with a soulful atmosphere that captivates families, creatives and nature lovers alike.

Inglewood	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$711,400	20	43
Row	$584,385	11	12
Semi-Detached	N/A	6	6
Apartment	$387,142	36	58

Prices as of Aug. 20, 2025

Downtown West End

Established in 1884, Downtown West started as a community of single-family homes. In 1911, Mount Royal College was located here and expanded in 1931 and 1948 before relocating in 1972. The college's Kerby Memorial Building remains a seniors' centre.

In the 1970s, the houses were demolished, and by the 1990s, half of them had been replaced with medium-rise office buildings, car dealerships, and surface parking lots. These were then replaced by high-rise apartment buildings in the 2000s.

Nowadays, as you walk through the hundred-year-old streets, you are surrounded by a mix of historic buildings like the Mewata Armoury (1917) and the boldly brutalist Centennial Planetarium (1967), now the art space Contemporary Calgary, as well as modern.

This neighbourhood is perfect for those who are looking for an energetic city buzz, as there are trendy restaurants, quirky shops and cultural spots like the Avatamsaka Monastery, a Buddhist centre that grew from a small commercial building.

Downtown West is also a minute's walk from the Bow River pathway, which offers a wonderful view of the city for a relaxing walk or a satisfying cycle or jogging session.

Downtown West	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Apartment	$363,214	57	111

Prices as of Aug. 20, 2025

Eau Claire

Since its establishment in 1886, Eau Claire has been one of Calgary's most sought-after neighbourhoods, given its closeness to the Bow River. It's also close to Princes' Island Park, one of Calgary's best parks, which makes it the perfect choice for outdoor enthusiasts who also enjoy inner city living.

According to Heritage Inspires YYC, Eau Claire was established when the Eau Claire and Bow River Lumber Company manager, Peter Prince, built its mill next to the river in 1886. The mill, one of Calgary's first major industries, employed many people of Norwegian descent who came from Eau Claire, Wisconsin, with the mill's owner, Issac Kerr. They built Trinity Lutheran Church in 1910.

Now, 139 years later, you can find luxury high-rise condos while still experiencing the Eau Claire's historic roots when you see heritage homes, and diverse businesses.

Eau Claire	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Apartment	$519,371	44	104

Prices as of Aug. 20, 2025

Mission

Mission Notre Dame de la Paix (Our Lady of the Peace) was founded west of Calgary in 1872 by French-Catholic Oblate missionaries and relocated in 1875 to a spot along the Elbow River near where it flows into the Bow River. By 1899, about 500 residents incorporated the Village of Rouleauville, which is now Mission.

To this day, the neighbourhood, is composed of a lively community that is proud of its French heritage. You can see this through the street signs that reflect the area's early French settlement.

Significant landmarks in Mission include St. Mary's Cathedral, the Parish Hall, the Canadian Northern Railway Bridge and Rouleauville Square.

With mature tree-lined blocks and numerous heritage homes and multifamily buildings, Mission is the perfect blend of history and community that makes it a desirable place to live and grow.

Mission	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Row	N/A	5	5
Apartment	$370,385	86	173

Prices as of Aug. 20, 2025

Sunnyside

Located in the traditional territory of the Niitsitapi (Blackfoot), Sunnyside was established in the 1880s as a residential area. Later, it expanded with rental cottages for Canadian Pacific Railway employees.

According to Heritage Inspires YYC, Senator Matthew Cochrane, owner of the 360,000-acre Cochrane Ranche, named Hillhurst after his birthplace, Hillhurst Farm in Compton, Quebec. Ezra Riley purchased the ranch in 1903 and sold it and his Sunnyside property to the City of Calgary in 1904, donating 20 acres to the City for Riley Park with the condition a cricket pitch be built.

Hillhurst-Sunnyside was a middle-class community of labourers, tradesmen and office workers, and its vibrant shopping area along 10th Street NW created a village feel.

Sunnyside is now well recognized for its tight-knit community and for its architectural styles, including 1880s' CPR cottages, 1910s' Edwardian Front Gable style houses, and 1920s' Georgian Revival brick apartments on Memorial Drive.

This village feel of the neighbourhood has transcended the passage of time, and with a variety of heritage and modern buildings, diverse businesses, cozy coffee shops and mouthwatering restaurants, Sunnyside is a fan-favourite for many Calgarians.

Sunnyside	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Row	$737,542	2	12
Semi-Detached	N/A	2	3
Apartment	$307,200	44	88

Prices as of Aug. 20, 2025

Bowness

Before its establishment in 1911, Bowness was a location rich in resources and sheltered wintering for cattle before entrepreneur and visionary John Hextall registered subdivision plans and built a bridge connecting Calgary to his new Bowness Estates, which became the framework for the village and town of Bowness.

But these development plans didn't take off until after World War II, when a group of veterans settled in the town, followed by Dutch and German immigrants, according to to Heritage Inspires YYC. The Bowness community quickly grew into a village by 1948. Then, with schools, churches, theatres, stores and a volunteer fire brigade, Bowness became a town in 1952 and joined the City of Calgary in 1964.

The iconic Bowness Park is the most prominent heritage site in Bowness, developed as a recreational area in the early 20th century by John Hextall and later expanded based on a plan by Thomas Mawson, a renowned town planner.

Fast forward to 2025 and Bowness is loved by Calgarians due to its diversity, wonderful local businesses, memorable landscapes and numerous opportunities for outdoor recreation.

Bowness	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Row	$323,157	18	30
Semi-Detached	$710,385	38	57
Apartment	$214,485	11	16

Prices as of Aug. 20, 2025

Sources

Drumroll, please...

Wed, 20 Aug 2025 08:00:00 -0600

Thank you to everyone who purchased a ticket for the CREB^® REALTOR^® Community Foundation’s Summer 50/50! With your support, we raised $6,210 as the total jackpot.

Because of your generosity, Calgary and area REALTORS^® can help provide shelter to those in our community who need it the most through the Foundation’s Legacy, Community and Transformation Grants.

And now, we’d like to introduce and congratulate the winner:

Ticket #: D-3951, Chris Skowron

Make sure to keep an eye out for your chance to win the pot this Fall!

Supply growth weighs on home prices

Fri, 01 Aug 2025 12:44:00 -0600

Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth.

The additional supply has weighed on home prices in some parts of the city. The total residential benchmark price in Calgary has trended down over the past several months and is currently four per cent below last year's peak price reported in June 2024.

"Price declines are not occurring across all property types in all locations of the city, and even where there have been declines, it has not erased all the gains made over the past several years," said Ann-Marie Lurie, Chief Economist at CREB^®. "The steepest price declines have occurred for apartment and row style homes, mostly in the North East and North districts, which coincides with significant gains in new supply."

The rise in supply occurred as sales continued to slow and new listings improved. In July, there were 2,099 sales, a 12 per cent decline over last year, while new listings reached 3,911 units, an over eight per cent increase over last year. In addition to the persistent economic uncertainty due to tariffs, sales and new listings were impacted by no further reductions in lending rates and added competition from the new home market. Apartment-style homes are reporting the highest months of supply with over four months, while both detached and semi-detached homes are seeing conditions remain relatively balanced at just three months of supply.

Detached

For the first time since 2020, the months of supply for detached homes rose to three months. Sales activity slowed to 1,031 units in July, while the number of new listings, despite being slower than last month, was still nearly 10 per cent higher than last year's levels and above long-term trends. The wider gap between sales and new listings led to a significant adjustment in inventory levels and, with slower sales, the months of supply rose to three months. However, conditions did vary significantly depending on location. In the North West, West and South districts, the months of supply remained well below three months, whereas the North East reported the highest months of supply at over four months.

A shift to balanced conditions has taken much of the pressure off home prices. As of July, the detached benchmark price was $761,800, down less than one per cent over last year. However, there was a significant range of price adjustments. Both the North East and East districts have reported the largest decline in price at five per cent, though prices still rose in the City Centre by nearly two per cent.

Semi-Detached

Sales activity in July continued to slow, contributing to the year-to-date decline of 11 per cent. At the same time, new listings have generally been higher this year compared to last year, supporting inventory gains. With 549 units in inventory and 187 sales, the months of supply in July rose to three months, something that has not happened since 2021.

Although supply is improving in relation to sales, prices have remained relatively stable. As of July, the benchmark price in the city was $697,500, one per cent higher than last July. Price growth did range throughout each district, with the highest gains occurring in the City Centre, with nearly three per cent growth. Meanwhile, prices declined over last year in the North East, East and North districts.

Row

Like other styles of homes, sales have eased compared to last year, with new listings and inventories rising over last July. The months of supply in July was similar to last month at over three months, with a range of under three months of supply in the City Centre, North West , South and South East, to nearly five months of supply in the North East district.

Row prices have generally been trending down over the past three months, and while they are nearly four per cent lower than last year at this time, on a year-to-date basis they have remained similar to last year. When considering activity by district, year-to-date price declines have been reported in the North East and North, while prices have risen in all other districts.

Apartment Condominium

There were 1,014 new listings in July relative to 508 sales, keeping the sales-to-new listings ratio at 50 per cent and inventory levels elevated at 2,097 units. Higher inventories and slower sales caused the months of supply to push above four months in July, the highest it has been since 2021. Added competition for new product combined with rising rental vacancy rates has impacted the resale condominium market.

The additional supply choice is having a more significant impact on apartment style prices over any other property type. In July, the benchmark price was $329,600, which is down over one per cent compared to last month and nearly five per cent lower than levels reported last year. However, when considering year-to-date figures, prices have remained stable compared to last year as gains in the West, South and North West have offset declines occurring in the North East, North, South East and East districts.

REGIONAL MARKET FACTS

Airdrie

Due to declines in both row and apartment sales, July sales slowed by 14 per cent compared to last July, contributing to the year-to-date decline of 12 per cent. While sales have slowed, activity remains higher than levels reported prior to 2021. What has changed is the significant improvement in new listings, resulting in inventory gains. As of July, inventory levels rose to 543 units, the highest July reported since the peak in 2018. The higher inventory levels kept the months of supply above three months in July, placing some downward pressure on home prices. In July, the benchmark price was $532,800, nearly four per cent lower than levels reported last year at this time. However, last year's gains were exceptionally high earlier in the year, and on a year-to-date basis prices are only slightly lower than last year.

Cochrane

Unlike other areas, Cochrane has not seen the same level of pullback in sales compared to long-term trends. While July sales were down by seven per cent, year-to-date sales are two per cent lower than last year and 23 per cent higher than long-term trends. New listings in July did reach a record high for the month, causing inventories to push to the highest level reported for the month since 2019 and causing the months of supply to rise above three months. While this likely contributed to some of the monthly decline in price, unlike other areas the July benchmark price of $590,000 was over two per cent higher than last year, and four per cent higher on a year-to-date basis.

Okotoks

This market continues to exhibit tighter market conditions than both Airdrie and Cochrane with a sales-to-new-listings ratio of 71 per cent and months of supply at just over two months. This is a significant improvement compared to the previous four years, where the months of supply in July was just over one month. In July, the benchmark price in the area was $628,500, slightly lower than last month, but higher than last year's level. Despite some monthly fluctuations, year-to-date prices are over two per cent higher than last year.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Splash into cash with our summer 50/50

Mon, 28 Jul 2025 10:00:00 -0600

It’s time to sizzle into winnings through CREB^® REALTOR^® Community Foundation’s summer 50/50!

Powered by Calgary and area REALTORS^®, the CREB^® REALTOR^® Community Foundation is a charitable organization that supports local non-profits to create new housing for Calgary’s most vulnerable, keep others housed, and improve housing quality.

With the purchase of a 50/50 raffle ticket, you help provide housing and shelter to Calgarians in need of housing.

Prize: Cash!

Ticket sales end: Tuesday, August 19 @ 11:59 p.m.

Draw date: Wednesday, August 20

Please note: This raffle is open to CREB^® members AND members of the public.

Help us spread the word, give back and get cash. You can’t win if you don’t buy tickets!

Leading with empathy leads to excellence

Thu, 24 Jul 2025 13:40:16 -0600

Treating people with kindness and empathy are values that Mathew Said Morley has practiced throughout his lifetime and his 19 years as a REALTOR^®.

At the Diamond Gala this June, Mathew received the 2024 REALTOR^® of the Year – (Bill) Saunders Memorial Award for his dedication to CREB^®, the real estate industry and the community.

“This award has nothing to do with sales. It’s about members who inspire others, and Mathew is a worthy recipient due to his outstanding volunteer efforts, professionalism and heart,” says Ellyn Mendham, REALTOR^® of the Year Committee Chair.

For Mathew, receiving this award has been incredibly humbling.

“To be recognized by peers in an industry full of so many dedicated professionals is something I don’t take lightly,” he says. “This also serves as a moment to pause and be grateful for the relationships, clients, and colleagues who’ve made this possible.”

After facing significant health challenges over the years, Mathew says he feels a deep appreciation for the value of life and the importance of giving back.

“Volunteering and supporting charities are my way of paying forward the compassion and care I’ve received. They’ve grounded me, shaped my perspective, and brought a sense of fulfillment that no deal ever could,” he explains. “It’s also connected me more deeply with my community, which I think naturally carries over into how I serve my clients.”

His commitment to CREB^® includes serving on the Critical Illness Benefit Society as Chair, and as a member on the Board Development and Leadership Standing Committee and the Member Standards Task Force.

When it comes to giving back to the community, Mathew is a champion for solving problems that others don’t see or think about.

While volunteering at the Calgary Food Bank, Mathew noticed how, at minus 20 degrees, people picked up their food donations wearing only t-shirts. They were not only struggling to get food but also to secure the right clothing to survive Calgary’s rough winters.

That’s why 10 years ago, Mathew encouraged fellow REALTORS^®, friends and past clients to donate gently used outerwear for those in need and founded Coats for Calgary.

The organization has evolved from a trunk full of coats in its first year to sixty drop-off locations around the city, creating a movement of kindness between Calgarians. In 2024, Coats for Calgary collected 7,000 jackets for those in need.

Recently, Mathew also started an outreach program for young men who, like himself, have experienced open heart surgery.

When it comes to his contributions to the real estate industry, he says he’s proud of building a business centred around trust and genuine relationships.

“I’ve always aimed to leave people better than I found them — whether that’s helping a young family get into their first home, supporting a client through a tough life transition or mentoring newer agents,” Mathew says. “Beyond the individual deals, I hope my biggest contribution is fostering a culture of care and professionalism.”

With many years of industry and volunteering experience, Mathew considers being part of CREB^® as something invaluable.

“The education, resources and ethical standards set the tone for how we all operate,” he says. “On top of that, the networking opportunities have led to lifelong friendships and countless moments of shared learning that have elevated my career.”

For the future, Mathew says he wants to keep growing a business that’s grounded in care and integrity, while also finding more ways to mentor and support the next generation of REALTORS^® and keep volunteering or using his platform to shine a light on causes that matter to him.

For REALTORS^® looking for ways to make a positive impact in their careers and communities, Mathew advises to lead with empathy.

“Remember that at the end of the day, this business is about people and their lives, not just properties. If you prioritize listening and truly understanding your clients’ needs, success will follow. Also, get involved in your community — not just for business, but because it makes you a better, more connected human being.”

When asked what receiving this recognition means to him, Mathew is characteristically gracious.

“I’m grateful. None of this happens on its own — it’s because of amazing clients, supportive colleagues, and a community that’s allowed me to build a life doing something I love. So, thank you.”

The REALTOR^® of the Year - T.W.H. (Bill) Saunders Memorial Award was created in memory of Thomas William Henry Saunders (1903 to 1977), a truly outstanding CREB^® member who inspired others with his professional excellence and commitment to bettering the community.

To learn more about the CREB^® REALTOR^® of the Year – T.W.H. (Bill) Saunders Memorial Award, including a full list of past winners, please click here.

Planting the seed for an independent future

Tue, 22 Jul 2025 11:17:00 -0600

Having grown up on the outskirts of town, Tom worked various jobs to make ends meet throughout his life. After years of hard labour , his health and mobility made it difficult for him to keep working and he was forced into early retirement. This led him to move around from place to place, struggling to keep up with rent and always coping with an uncertain living situation.

Then, he discovered The Mustard Seed and the support it could provide for people in his situation.

As part of the CREB^® REALTOR^® Community Foundation’s mission to create new housing options, keep people housed and improve housing quality, in 2024 the foundation awarded $25,000 to The Mustard Seed to assist with major repairs and renovations to its existing housing.

These repairs included the replacement of the flooring – from greatly worn carpet to vinyl flooring that’s easier and more cost-effective to maintain – in five of The Mustard Seed’s short-term housing units that are home to people like Tom who are working towards independent living.

“For clients coming out of shelters, having a clean and comfortable place to live can be transformative,” says Eli, Housing Manager at The Mustard Seed.

“These renovations have created a more dignified space for tenants as well as make cleaning of the space much easier.”

Eli adds that when tenants have upgrades to their apartment suites and surroundings, they tend to appreciate their personal space more and are more motivated to care for it.

“The Mustard Seed has helped me a lot,” says Tom, who takes part in the building’s bingo nights and art lessons hosted by staff and volunteers. “I respect all the staff, you couldn’t ask for better friends here.”

The Mustard Seed’s commitment to providing affordable housing, support services, and a sense of community has given individuals like Tom a second chance. Support from the CREB^® REALTOR^® Community Foundation has helped The Mustard Seed to continue offering this next step for people working towards independent living.

The benefits of condo and townhome living with Jayman BUILT

Tue, 08 Jul 2025 11:49:00 -0600

For many homebuyers today, the appeal of a low-maintenance, high-quality lifestyle has never been stronger – and that’s exactly what condo and townhome living offers.

Whether you’re a busy professional, looking to downsize or a first-time buyer seeking value and peace of mind, Jayman BUILT has a wide range of exceptional options to fit your lifestyle.

Condo fees for multi-family homes are an investment in your convenience, peace of mind and the long-term value of your home. The fees contribute to the professional management team that handles everything from exterior maintenance to maintaining common areas. This includes keeping all common areas clean, garbage removal, snow removal and landscaping upkeep.

Why choose a condo or townhome?

1. Maintenance-free living

One of the biggest advantages of condo and townhome living is the freedom from exterior maintenance. With condo and townhome properties, you can forget about shovelling snow, mowing lawns or hiring contractors for routine upkeep. A dedicated team of professional property managers handles everything from landscaping to seasonal maintenance, giving you more time to enjoy your outdoor living space.

2. Stress-free repairs and reliable management

When unexpected repairs arise, you won’t be scrambling to find a service provider or footing a hefty bill. Through your condo fees, a team of professionals manages repairs and replacements in common areas and building exteriors.

3. Peaceful and safe communities

Jayman’s condo communities are governed by shared standards and guidelines that help maintain a safe, clean and quiet environment for all residents. These rules ensure a sense of order and community while preserving property values. You’ll enjoy a respectful atmosphere that balances privacy with the comfort of knowing your neighbours are equally invested in maintaining a peaceful, beautiful living space.

4. Enhanced security features

Jayman BUILT properties offer top-notch security for peace of mind. Each property features secure fob entry systems, surveillance cameras and secure parkades, ensuring that you and your loved ones can enjoy your home with confidence.

Explore Jayman’s featured move-in ready communities

Jayman offers a broad range of floorplans, price points and features tailored to different lifestyles. Whether you prefer the lock-and-leave convenience of an inner-city condo or the elevated luxury of a lakeside townhome, Jayman delivers a thoughtful mix of affordability, design and premium finishes in every unit. Plus, each home comes with Jayman’s standard energy-efficient features and smart home technology, making your lifestyle not just convenient but forward-thinking.

Les Jardins

Inner-city Condominiums from the $310’s (pre-GST).

Enjoy an exclusive lifestyle just 20 minutes from downtown Calgary. Parisian-inspired architecture, lush landscaping and a state-of-the-art fitness centre make Les Jardins Condos the ideal home base for city living.

Park Place of Lake Mahogany

Luxury Townhomes from the $525’s (pre-GST).

Set against 13-acre Central Green, these elegant townhomes offer premium living with the privacy of individual entrances and attached garages, as well as the convenience of professionally managed exterior maintenance.

Magna

Luxury Concrete Condominiums from the $725’s (pre-GST).

Located in the heart of University District, Magna offers the pinnacle of condo living – with concrete construction, elite design and full personalization options.

The Streams of Lake Mahogany

Estate Condominiums from $1.052M (pre-GST).

Experience lakeside living in Calgary’s final lake community. The Reflection Estate Condominiums feature expansive terraces, spacious single-level floorplans, lake access and luxury finishes throughout, all set against the backdrop of Mahogany Lake.

Whether you’re ready to simplify your life, invest in a property, or step into a new chapter with ease, condo and townhome living with Jayman BUILT offers the perfect blend of freedom, functionality, and style.

Ready to explore your options? Visit Jayman.com/MoveinNow to learn more about available floorplans, pricing, and move-in ready homes across Calgary. Your ideal low-maintenance lifestyle is waiting.

Gains in resale supply mostly impact apartment and row style home prices

Wed, 02 Jul 2025 12:22:00 -0600

Inventory levels in June continued to rise, both over last month’s and last year’s levels. By the end of the month, inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth.

While sales have remained consistent with long-term trends despite a decline from recent months, higher levels of new listings compared to sales have contributed to the inventory gain. All property types have reported gains in inventory, but both row and apartment style homes reported inventory levels over 30 per cent higher than long-term trends, while supply for detached and semi-detached units are only slightly higher than typical levels.

“Supply has improved across rental, resale and new home markets, allowing for more choice for those considering their housing options,” said Ann-Marie Lurie, Chief Economist at CREB^®. “The additional choice combined with no further declines in lending rates, persistent uncertainty and concerns of price adjustments is keeping many potential purchasers on the sidelines. This is weighing on home prices, especially for apartment and row style homes.”

The unadjusted benchmark price was $586,200 in June, lower than last month and over three per cent lower than last year. Much of the citywide decline was driven by apartment and row style homes, which are over three per cent lower than last year. Meanwhile, detached prices have remained relatively stable and semi-detached homes are still slightly higher than last year.

The steeper price declines for apartment and row style homes are reflective of those segments shifting toward a market that favours the buyer with nearly four months of supply. Meanwhile conditions are relatively balanced for detached and semi-detached homes. Overall conditions in Calgary have changed, but not enough to erase the significant growth in prices that have occurred over the past four years.

Detached

Sales in June were 1,194 units, six per cent lower than both last year and last month's activity. Sales activity did vary depending on location and price range, with declines in resale sales mostly for higher priced homes that likely face more competition from new homes. On a location basis, the steepest declines in sales occurred in the City Centre and the North East at over 20 per cent, while year-over-year gains were reported in the West, and South East districts.

While sales did vary, inventories and new listings improved across most price ranges and districts in the city. However, it is only the North East district that is experiencing conditions that favour the buyer, causing prices to decline by four per cent compared to last June. As of June, the unadjusted benchmark price in Calgary was $764,300, less than one per cent lower than both last month and last year’s price.

Semi-Detached

Sales activity continued to slow this month, contributing to the year-to-date decline of nearly 12 per cent. At the same time new listings have generally been rising compared to last year, supporting inventory gains and a shift to balanced conditions. As of June, the months of supply was 2.6 months, a significant improvement over the tight conditions reported last year.

Additional supply choice has slowed the pace of price growth for semi-detached homes. As of June, the benchmark price in the city was $696,400, similar to last month, and over one per cent higher than last June. Price movements did range by district, as homes in the City Centre are over three per cent higher than last year and at record high levels, while prices in the North, North East, and East districts are all over two per cent lower than last year and three per cent lower than last year’s peak price.

Row

New listings continue to rise relative to the number of sales in the market, as the sales-to-new listings ratio in June dropped to 50 percent. This contributed to further inventory gains with 1,167 units available at the end of the month. While sales are still higher than long-term trends, the recent gains in inventory levels have caused the months of supply to push above three months. Within the city, conditions range with nearly six months of supply in the North East and two and a half months of supply in the North West.

Higher supply levels relative to demand are weighing on prices which, at a June benchmark price of $450,300, are down over last month and three per cent lower than last year’s levels. However, as the level of oversupply does range across the districts, so too do the price movements. The City Centre has seen the most stability in prices this month and is only one per cent below last year’s peak. Meanwhile, the North East is reporting year-over-year price declines of nearly six per cent.

Apartment Condominium

June new listings and sales both eased over last month’s and last year’s levels. However, with 1,024 new listings and 532 sales, inventories continued to rise and the months of supply pushed up to nearly four months. Slower international migration numbers are weighing on housing demand just as supply levels are rising, which is having a larger impact on apartment style homes.

The rising supply choice, both in new and resale markets, has caused resale prices to trend down again this month, leaving June’s benchmark price of $333,500 over three per cent lower than last year’s levels. While prices have eased across all districts in the city, the largest year-over-year declines are occurring in the North East, North and South East districts.

REGIONAL MARKET FACTS

Airdrie

Thanks to a sharp decline in detached activity, sales in June fell to 164 units. The pullback in sales was met with 324 new listings, causing the sales-to-new listings ratio to drop to 51 per cent, the lowest ratio reported in June since 2018. The wider spread between sales and new listings drove further inventory gains and for the first time since 2020 the months of supply was above three months. The additional supply choice has weighed on resale prices, which have trended down for the second consecutive month. In June the benchmark price was $538,300, nearly three per cent lower than levels seen last year at this time.

Cochrane

Gains for detached and semi-detached sales were offset by pullbacks for row and apartment units, as June sales remained relatively unchanged over last year. The 101 sales in June were met with 171 new listings and the sales-to-new listings ratio rose to 59 per cent. This slowed the pace of inventory growth, keeping the months of supply just below three months. While conditions are more balanced than they have been, prices in the area continue to rise albeit at a slower pace. As of June, the unadjusted benchmark price was $593,700, nearly one per cent higher than last month and four per cent higher than last June.

Okotoks

While levels are better than last year, both sales and new listings trended down in June, causing the sales-to-new listings ratio to rise to 87 per cent. This prevented any further monthly inventory gains and ensured that the months of supply remained below two months in June. While conditions remain tight in Okotoks, more supply in the broader region has likely prevented stronger price growth in the Town of Okotoks. As of June, the unadjusted benchmark price was $632,800, similar to last month and nearly three per cent higher than last year.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Our top picks: Calgary's lake communities

Mon, 30 Jun 2025 09:44:00 -0600

Whether you want to swim, take out the paddleboard or just read and relax by the water, Calgary is home to several lakes that offer a summer paradise not just for you, but for the whole family.

Here are our top picks of lake communities if you want to beat the heat this summer.

Please note: The data provided is from July 3, 2025.

Arbour Lake

Located on the northwest side of the city, man-made Arbour Lake was established in 1992 with a liner and a carefully managed ecosystem.

Besides the lake and incredible views of the Rocky Mountains, the community also provides a diversity of housing options and access to Crowchild Trail and the Ring Road. The community can also be easily accessed on the CTrain.

Arbour Lake	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$772,766	42	66
Row	$395,250	6	14
Semi-Detached	$619,033	6	5
Apartment	$326,883	25	47

Coral Springs

Bounded by 64 Avenue N, McKnight Boulevard to the south, 68 Street E to the west and 84 Street E and Rocky View country to the east, Coral Springs was established in 1991, inspired by California's mid-century modern style. The community offers its residents access to tennis courts, basketball courts, a beach volleyball area, table tennis, boating and kayaking.

Its 20-foot deep, 16-acre lake is popular for swimming, fishing and boating, and there's even marked shallow water swimming areas with sandy beaches on both the North and South sides.

Coral Springs	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$714,350	15	47

Mahogany

Established in 2010, Mahogany mixes suburban and urban living in the same place. At 63 acres, Mahogany has the largest freshwater lake in Calgary and offers access to two private beaches, a beach club, walking and biking trails and an urban village filled with restaurants, shops and services.

Mahogany	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$821,683	134	267
Row	$495,416	26	48
Semi-Detached	$580,200	29	40
Apartment	$358,400	50	122

Auburn Bay

This lakefront community provides easy access to Seton Boulevard, Deerfoot Trail to the west, 52 Street East and Stoney Trail to the north. Its 43-acre lake boasts floating docks, a fishing dock, boat rentals and is stocked twice annually with rainbow trout, tiger trout, and more.

In addition, Auburn Bay is home to five schools, 15 playgrounds, an off-leash dog park, two baseball fields, two large soccer fields and two ponds – making it a great fit for families. It's expected that the Green Line of the CTrain will run along the community's eastern boundary, parallel to 52 Street.

Auburn Bay	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$816,116	92	161
Row	$466,600	33	58
Semi-Detached	$532,183	23	27
Apartment	$366,016	53	106

McKenzie Lake

Bordered by Deerfoot Trail on the east, Stoney Trail on the south, Fish Creek Provincial Park on the west, and 130th Ave SE on the north, McKenzie Lake is famous for its 42-acre manmade private lake with an island at the centre of the community. Developed in 1984, McKenzie Lake offers beautiful views of the city and mountains.

This community is also recognized for its amenities, including basketball, tennis and pickleball courts, a beach, and an ice rink in the winter. The area also has two public schools and one separate school.

McKenzie Lake	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$754,100	79	109
Row	$422,750	7	13

Chaparral

With a 32-acre artificial lake and 21-acre park with two waterfalls, this community is a family-favourite. It has access to major roadways like Macleod Trail, Stoney Trail and Deerfoot Trail, making the commute to Downtown Calgary a breeze.

The community also provides access to great schooling choices for kids between kindergarten and Grade 6 and is close to elementary and high schools.

Chaparral	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$743,333	69	101
Row	$476,616	22	28
Semi-Detached	$614,316	7	9
Apartment	$327,850	7	12

Sundance

Located east of MacLeod Trail, bounded to the north and east by Midnapore and Fish Creek Provincial Park, and to the south by Stoney Trail, Sundance is focused on residential properties, especially detached homes. Its 33-acre lake opened in 1980 and is accompanied by a 22-acre park.

The area has access to a variety of schools, including two public elementary schools, one public junior high and a one public high school. There is also one Catholic school offering kindergarten to Grade 9 education.

Sundance	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$769,033	53	76

Midnapore

This community is bounded to the north and east by Fish Creek Provincial Park, to the south by Sun Valley Boulevard and to the west by Macleod Trail. The lake is perfect for swimming in the summer or skating in the winter.

Midnapore is also home to St. Mary's University, a private elementary and junior high school and two elementary schools. The community is also served by several transit bus routes that feed Somerset-Bridlewood, Shawnessy, and Fish Creek-Lacombe train stations.

Midnapore	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$671,550	26	32
Row	$458,800	4	9
Semi-Detached	$503,350	6	7
Apartment	$286,016	18	18

Lake Bonavista

Bonavista was the first community in Canada to be built around a man-made lake. It is bounded by Anderson Road to the north, Macleod Trail to the west, Canyon Meadows Drive to the south, and Bow Bottom Trail to the east.

Home to two man-made lakes, Lake Bonaventure and Lake Bonavista, the community offers wonderful recreation and relaxation opportunities for residents and can be accessed through public transit. The community is home to six schools, four churches and provides easy access to Deerfoot Trail, Southcentre mall, golf courses and more.

Lake Bonavista	Benchmark Price (YTD)	Sales (YTD)	New Listings (YTD)
Detached	$1,016,100	76	89
Apartment	$332,750	29	41

Looking for more? Click here to discover five things you might not know about Calgary-and-area lakes

Sources:

Boat and water safety with BrokerLink

Tue, 24 Jun 2025 14:36:00 -0600

BrokerLink Insurance offers members exclusive discounts on home and auto insurance. Through this group insurance program, members benefit from comprehensive coverage, superior customer service, and insurance that is customized to fit your needs.

BrokerLink has put together some tips on how to ensure you stay safe in and out of the water this summer.

On the water

• Have the right boat insurance: First and foremost, you should know whether you need separate insurance coverage for your boat. Some homeowners’ policies provide automatic coverage for smaller watercraft, such as canoes, rowboats, or sailboats. For boats with higher value or higher horsepower-to-length ratio, you’ll need additional boat insurance.

• Inspect your boat: Make sure the engine and all equipment are in working order. Once your boat is 10 to15 years old, and every five years after, your insurance advisor will ask for proof of a professional inspection.

• Ensure you can legally operate a boat: It’s illegal to drive a boat without a proper boating license. In addition, boating without the proper documents on board may result in a fine.

• Get safety equipment and use it: Life jackets and wearable personal flotation devices (PFD) should always be worn and in the appropriate size for each person on board. Create a boat safety equipment and pre-departure checklist to ensure you have everything you need.

In the water

• Always have your eyes on the kids: Children should never be left alone near water. Always have an adult supervising. It’s a good idea to make younger kids wear lifejackets if they like playing near the water.

• Don’t drink and play: Swimming can be very dangerous when you’ve been enjoying alcoholic beverages. Ensure others are also acting responsibly and advise them not to go near or in the water if they have had a couple of bevvies to beat the heat.

• Know the local risks: Always look for “do not swim” warnings when you’re venturing somewhere unfamiliar. Disobeying official warnings by local authorities can be dangerous. Be careful when wading in rivers and lakes; it can be difficult to determine depth or if there are any undertows or currents present.

Around the pool

• Fence it in: It’s important to make sure pools can’t be accessed by little ones, pets, or unwanted visitors. It’s not enough to put a fence around your entire backyard, the pool itself should have a fence and lockable gate around it to prevent people or pets from accidentally falling in from your yard, deck, or patio.

• Have floatation devices nearby: Have an abundance of noodles, life jackets, etc. nearby and within reach of your pool.

• Get first-aid training: Make sure every member of your household has basic first aid training and knows how to do CPR in the event of an emergency.

• Never swim alone: Make sure at least one other person is around when swimming. Never leave young children unattended by a pool.

Rest Assured, BrokerLink Has You Covered*

Call 1.833.998.3798 or visit BrokerLink.ca/CREB to get a quote.

*Subject to policy conditions and exclusions. ©2025 Brokerlink Inc. ™BrokerLink & Design is a trademark of Brokerlink Inc. All rights reserved.

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