News and Updates

News and Topics pertaining to the Calgary Real Estate Market

Found 14 blog entries about News and Updates.

Alberta Housing CrisisAlberta’s population has grown by more than 184,000 in the last year. This report is from recent data from Statistics Canada, which estimates that 4.7 million people call Alberta home. It is the largest increase in population the province has ever seen. 

According to this report, most of this population growth comes from international migration. However, the number of interprovincial migrants is significantly higher than in previous years. 

Alberta’s net interprovincial migration grew by 896% in the last year. Although there is no direct link to this growth, this growth correlates with the province's “Alberta is Calling” campaign, which launched in the previous year. 

Alberta's Net Interprovincial Migration

Alberta Population Growth from Other Provinces

According to the government’s

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Best Canada Day Events in Calgary 2022Ready to celebrate Canada Day 2022? In the city of Calgary, there are over a dozen major festivals and several neighbourhood-sponsored festivities. Tasty treats, live music, and community fun await at all of them. No matter how you choose to spend the day, it's a great time to explore your city and spend time with your neighbours. Keep reading to learn about Calgary's top three Canada Day 2022 events.

BownessFest Canada Day

The BownessFest Canada Day Festival invites people down to the fields at Our Lady of Assumption School dressed in their finest red and white attire to ring in the festivities. This is the debut of what will be an annual event, as it promises to be one of the largest Canada Day festivals in Calgary!

The festival will

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By Justin Havre

alternate textRevelstoke ski patrol administers first aid to Justin Havre

The day started like any other – up early, a big cup of coffee and some light stretching before a breakfast of champions and a shower. It was January 5, 2019, and the day held great promise that a weekend of snowboarding at Revelstoke Mountain with good friend and leadership mentor Jon Cheplak would be invigorating, challenging and, most of all, a good laugh.

How that day at “powder paradise” ended changed my life forever.

Under gray skies and on top of a record 70 cm of fresh powder that had fallen during the previous two days on North America’s most vertical elevation, I was feeling invincible and game for anything. That was my first mistake.

We exited the

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Justin Havre on Rising Mortgage Rates in CalgaryIn April 2022, The Bank of Canada boosted its policy interest rate by 50 basis points to compensate for economic inflation experienced across the world. Many global factors drive inflation, and all of us can see the effects right here in Calgary.

The recent rate hike was Canada's most drastic increase in decades, and despite forecasts from expert economists, no one knows for sure how much higher the Bank of Canada will increase rates.

Amidst this uncertainty, Calgary homeowners wonder what this means for their mortgages. To shed some light on the situation, Justin Havre weighed in on rate hikes, estimated monthly payment increases, and whether or not the changes will cool Canada's highest-ever real estate demand.

For informational purposes

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What was the real estate market in Calgary, Alberta like for June and July?The property market trends in Calgary are heading in a more balanced direction of late, with prices beginning to stabilize after new housing trends surged property values at the start of the year.

According to the Calgary Real Estate Board (CREB), the average price of homes in Calgary sat at $460,100 at the close of July—a figure only a little higher than June but still 10% higher than July 2020. Detached homes have seen the most significant growth, sitting at 11% higher year-on-year.

In total, the city of Calgary saw 2,319 property sales closed, which is higher than the average long-term figures and is also the highest recorded sales ever for July.

The growth in sales figures has slowed somewhat in the last few months, as has the number of

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Moving house as fast as possible is always a challenge for people struggling with short-notice deadlines and tight relocation plans. To leave a property on the clock is possible has nothing to do with an itinerary move and you better be prone to multiple compromises during the process.

That’s why the Justin Havre team gathered top-of-the-line moving and packing tips that will help you save time and effort when you have to get out of your old property and relocate.

Check them out and start over with greater success than you have imagined.

How To Move Out Of The House Quickly - General Tips

Living with your parents is absolutely frustrating. Here’s how to get out of your parents’ house as quickly as possible.

Communicate with your

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By Lara Unsworth, Director of Strategic Enrollment Management and Communications at Strathcona-Tweedsmuir School

Relocating to Calgary - Private SchoolsAlberta is fortunate to have an abundance of educational options and school choices with a variety of missions and focuses to meet the needs and interests of families. Whether you’re considering public, charter, home or independent schooling for your child, I’ve created a list of 25 questions to help you decide which school would set your child on the right path.

1. What type of student is the school focused on?

Some schools are known for fostering academic talent, while others have a more balanced approach, blending academics with artistic, athletic, and service pursuits.

2. How does the school help students succeed?

You

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The Best Locations to RV Camp in AlbertaAlberta is a kind of "IMAX" experience; it intrudes on all the senses, capturing one's imagination and fueling dreams of adventure amidst spectacular scenery. The western province is a land of contrasts, with topography that ranges from prairie to forest to towering, snow-covered peaks, sometimes all within just a few miles. Meandering creeks give way to stunning glacial lakes; waving wheat fields morph into Canada's version of "Badlands" with little warning, and Calgary, despite its modern skyscrapers, seems still steeped in the traditions of surrounding farm and ranch land.

Beautiful Regions Around Alberta

The northern Rocky Mountains lie along the western border where Alberta meets British Columbia. In the northeast, the province gives way to

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The Best Breakfast Restaurants in CalgaryWe've always loved going for brunch on the weekend but the clock has moved up a few hours and now breakfast is the new cool thing to do. And not just weekends. Calgarians are meeting people after the early morning jog or before work and the city restaurant scene is responding with as many new eateries as there are ways to crack an egg. Here are just a few of note:

Red's Diner

Go for the original Red's on Fourth Street in Beltline or visit their new location in Ramsay right on 8 Street S.E. You can even have your eggs any-side-up any time you want because breakfast is served all day. They have lunch offerings as well with burgers and gluten-free options plus boozy coffee and a selection of beer. Red's deal is about farm fresh and local with a

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How to Save Money With Different Florists in CalgaryWhen it's time to bring your sweetheart flowers, Calgary offers a number of great florists to choose from. Whether you want to send your mom something special, or you just want to show your spouse you love them, visit one of these local florists and pick out a special bouquet.

Recently Calgary's Avenue Magazine checked out a few local florists that offer special savings and customer perks to keep those new blossoms coming.

Amborella Floral Studio

Some of their best customers live in the communities of Bayview, Pump Hill and Oakridge which are near Glenmore Landing where this lovely flower shop is located. Even since the store opened in this location four years ago, they've been offering flowers left from the week at half price between 3:00

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