Looking to buy or sell a home in Calgary? You'll need the latest information to research the local real estate market. We'll keep you updated on the average prices, current inventory, supply and demand, future prospects, and how these all relate year-over-year to help you make the best homebuying and home selling decisions. Read on for the latest quarterly update on the Calgary real estate market.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Calgary Real Estate Market Update for Q1 2022
Calgary's seen a record high in home sales, thanks to an influx of new listings. Homebuyers are seeing some choice again after the low inventory of the previous
Often boasting fantastic views and luxury amenities, condos for sale make excellent investments for first-time buyers and seasoned investors, alike. But after getting approved for a mortgage and signing on the dotted line, what do you actually own?
There are specific differences in definitions and terms that buyers need to know in order to understand the extent of their investment. Condos can be better investments than detached homes, but the legalities of condominium ownership are very different. It pays to investigate what those differences are upfront so that you are aware of the legal requirements and financial obligations that apply to each type of housing. Keep reading to learn about several key factors that influence what you actually own
Where to live is not the only thing to think about when buying property. It's also essential to consider what type of property is best. A single-family home works well for many as it offers ample space and the flexibility to design and style it as the owner wishes. Yet, there are a few compelling reasons to consider condos for sale instead. Condos are located in a shared building, but they still allow for full ownership. Keep reading to learn four reasons to buy a condo instead of a single-family home.
Condos Are Great First Investments
Condos can be an exciting point of entry to the real estate world for first-time home buyers. They tend to have a lower purchase price than homes of the same size. That lower cost typically translates into a