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Bank of Canada Rate Cut: What It Means for Home Sellers in Calgary!

The Bank of Canada has reduced its policy rate by 25 basis points to 2.75%, signaling a key shift in the real estate market. Canada’s economy remains strong, but trade tensions and rising inflation could impact buyer confidence in the coming months. The labour market is showing signs of slowing, and inflation is expected to rise to 2.5% by March, potentially leading to shifts in market demand.

Sellers—this is your chance to capitalize on strong buyer demand before economic uncertainty affects the market. Lower interest rates are fueling home purchases, but as inflation rises, affordability may change. Now is the time to maximize your home’s value.

Buyers & Investors—lower borrowing costs make real estate more attractive, but future price trends remain uncertain. Making a move now could mean securing a better deal before market conditions shift.

Thinking about selling? Let’s strategize your next steps and ensure you get top dollar for your home! Call me today.

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Sales Remain Above Long-Term Trends Despite Declines

Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 per cent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes priced under $500,000.

The increase was driven by substantial growth in the more affordable apartment and row/townhouse sectors. The overall months of supply was 2.4 in February, similar to last month but more than double this time last year. Apartment-style units remained the most well-supplied at 3.1 months.

There were 1,721 sales in February, which was above historical averages for the month but 19 per cent lower than levels seen last year and significantly lower than the record levels seen in the post-pandemic period. New Listings in February reached 2,830, roughly in line with historical averages for the month. The sales-to-new listings ratio for the month was 61 per cent, higher than historical averages but below levels seen in each of the last three years.

The total residential unadjusted benchmark price in February was $587,600, relatively stable compared to late-2024 and roughly one per cent higher year-over-year. Price changes varied across the city, with the City Centre and North districts seeing declines, while the East district saw the largest price growth at over three per cent.

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Your New Goal: To Have Fun!

Goals don’t have to be all serious—why not set a goal to have more fun? Whether it's trying a new cuisine, exploring your community, or picking up a creative hobby, here are 7 ideas to spark more joy in your life! Check them out and let me know which one you’re adding to your list! 👇

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Calgary Real Estate Market Update: What Sellers, Buyers & Investors Need to Know in 2025

The January 2025 market stats are in, and if you're thinking about selling, buying, or investing, here's what you need to know:

For Sellers: More inventory means more competition! Well-priced homes in high-demand areas are still selling fast. Now’s the time to strategize and maximize your sale price.

For Buyers & Investors: With inventory up 68.6%, you have more choices and less pressure in bidding wars—but detached homes are still tight, so act fast on in-demand properties!

📊 Benchmark Price: $583,000 (+2.8% YoY)
📈 New Listings: 2,896 (+35.5% YoY)
🏠 Sales: 1,451 (-12.0% YoY)
Days on Market: 41 (+21.6% YoY)

If you're wondering how this impacts your real estate goals, let’s chat! Whether you're looking to sell for top dollar, find your dream home, or make a smart investment, I’m here to help.

Call me for a FREE market consultation!

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How the Bank of Canada’s Rate Cut Impacts YOU

The Bank of Canada recently lowered its policy rate to 3% and announced the end of quantitative tightening. This major policy shift is shaping the future of real estate in Canada.

Here’s what it means for you:

🏠 For Buyers: Lower interest rates make monthly payments more affordable, increasing your ability to purchase your dream home.

🏡 For Sellers: With more buyers entering the market, demand for homes is rising. Now could be the perfect time to list and sell quickly.

📊 For Investors: Reduced financing costs create new opportunities for profitable investments, whether in rental properties or commercial real estate.

The market is shifting, and opportunities like this don’t last forever. Let’s connect to discuss how this rate cut impacts your real estate plans!

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Dreaming of a New Home in 2025? Here’s Your Essential Guide to Buying or Selling

The start of a new year often sparks dreams of fresh beginnings, and for many, that includes finding a new home. Whether you're planning to buy or sell a property in 2025, preparation is key to a smooth and successful process. Here's a step-by-step guide to help you navigate your next move.

Thinking of Buying?

  • Assess Your Finances: Start by reviewing your income, expenses, and savings. Create a realistic budget that fits your goals.

  • Check Your Credit Score: Monitor your credit and address any errors. Paying off debt can also improve your chances of securing a favorable loan.

  • Get Preapproved for a Mortgage: Work with a trusted lender to understand your borrowing power and explore programs for first-time buyers or veterans.

Thinking of Selling?

  • Declutter and Depersonalize: Simplify your space to help buyers envision themselves in the home.

  • Make Necessary Repairs: Fix leaky faucets, repaint walls, and replace worn carpets for added value.

  • Deep Clean Your Home: A spotless house makes a strong impression. Professional cleaning can be worth the investment.

Buying or selling a home can be an exciting yet overwhelming process. With the right preparation and professional guidance, you can achieve your real estate dreams in 2025. Ready to get started? Contact me today for personalized advice and support.

📞 Call or message me to discuss your 2025 real estate goals!

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Calgary Real Estate 2024 Market Highlights and 2025 Opportunities for Sellers, Buyers, and Investors

The Calgary real estate market continues to show remarkable strength, closing 2024 with a solid performance despite supply challenges. Here’s what you need to know:

Detached Homes: Prices rose by 11% in 2024, with the highest demand in the spring. If you’ve been considering selling, this could be your ideal opportunity to capitalize on high demand.

Semi-Detached and Row Homes: These markets saw a surge in popularity, especially in affordable districts like North East Calgary, with price growth exceeding 15% in some areas.

Apartment Condominiums: A 15% annual price increase and improved inventory make apartments a fantastic choice for buyers looking for affordability and investors seeking high returns.

Looking ahead to 2025, supply remains a key factor, but current conditions favor both sellers and buyers ready to make strategic moves.

If you’re considering selling your home or investing in Calgary’s thriving market, reach out today for a personalized strategy.

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Planning Your Dream Home in 2025: A New Year, A New Home!

As we approach the New Year, it’s the perfect time to pause, reflect, and think about what "home" truly means to you. The holiday season brings families together and inspires dreams of new beginnings, whether that’s upsizing to accommodate your growing family, downsizing for simplicity, or stepping into your very first home.

Why Plan Now?
The start of the year offers a clean slate to assess your housing needs, goals, and timelines. Here are a few conversation starters for you and your loved ones:

  • Where do we see ourselves living next year?

  • What are the most important features we want in a home?

  • What are the deal-breakers that we should consider?

As a trusted real estate professional, I am here to help you navigate the process, answer questions, and connect you with the resources you need. Let’s make 2025 the year you step into the home of your dreams!

Ready to start the conversation? Contact me today to explore your options and make a plan for the future!

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Supply on the rise, but not across all price ranges!

As Calgary transitions into the winter months, its housing market is showing classic seasonal trends, but with some unique highlights this year. Whether you’re looking to sell, buy, or invest, here’s a breakdown of what you need to know.

Sellers: Inventory levels have risen to 4,352 units, a significant increase from last year. However, the market still favors sellers in many segments, especially for properties priced under $700,000. Detached homes saw a 7% price increase year-over-year, while semi-detached homes reached an 8% gain.

Buyers: More supply means better opportunities! With over two months of inventory, buyers have more negotiating power and a wider range of options, particularly in the row home and apartment sectors.

Investors: The apartment market continues to thrive, with benchmark prices up 9% year-over-year. Units priced between $300,000 and $500,000 have seen the most significant inventory growth, offering excellent investment potential.

Despite seasonal price adjustments, Calgary’s real estate market is still outperforming long-term trends. Whether you’re selling, buying, or investing, now is the time to explore your options.

Let’s connect today and craft a strategy tailored to your goals!

Jason Streich
Real Broker
📱 (403) 807 2204
📧 jason@jasonstreich.com

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Living With Grace & Gratitude

Grace and gratitude are more than words—they’re actions! Show patience, extend kindness, and express thanks. Let’s inspire a movement of positivity! What’s your favourite way to show gratitude?

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The Shift in High-Value Home Market: What Sellers, Buyers, and Investors Need to Know

As we move into the final quarter of the year, the real estate market is witnessing a significant shift, especially in the $600,000+ price range. For sellers, buyers, and investors, understanding these changes can be crucial to making informed decisions in today’s housing market. Here’s what you need to know:

1. Increased Supply Levels for High-Value Homes
Inventory in the higher-price segments has grown, especially for homes priced above $600,000. This increase in supply has helped balance out the market conditions, creating more options for buyers and investors, and helping sellers capitalize on demand within this bracket. As of October, inventory levels rose to 4,966 units, marking a substantial increase from last year’s near-record low of 3,205 units.

2. Balanced Market Conditions in the Upper End

The improved supply in higher-value homes means that sellers in the $600,000+ range have better positioning, while buyers gain more choices. This contrasts with the lower-end market, where limited supply has kept competition high and price pressure strong.

3. Seasonal Adjustments Impacting Prices

Seasonal factors are always an element in real estate, and this October was no different. While we saw a slight seasonal dip, unadjusted benchmark prices for all residential property types still remain above last year’s levels. For example, the benchmark price for detached homes is now $753,900, which is still 8% higher than last October.

4. Investor Insights: Strong Demand Continues

Investors looking to enter or expand in the residential real estate market can take advantage of this balanced shift in the high-value market. Strong demand and stabilized prices, especially in upper-tier properties, offer promising investment opportunities.

The current real estate climate offers unique opportunities for sellers, buyers, and investors, particularly in high-value homes. With supply improving and market conditions stabilizing, it’s an ideal time to explore options and make decisions based on your real estate goals. Stay informed on market trends, work with an experienced Realtor, and make your move before the year-end!

Looking for more insights? Connect with us to learn how to leverage this market.

Jason Streich⁠
Real Broker
(403) 807 2204⁠
jason@jasonstreich.com

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.