Calgary Real Estate Market Report—November 2024
Pay attention here ...is a tight Spring market starting to take shape? Last month I noted trends toward a more balanced market. The data has reversed course, with the market now pointing
Mortgage Rate Update:
Hey Guys! I have a question for you ... How can variable interest rates go down, but fixed interest rates go up?? And why has home affordability not changed? A Quick Recap ... The
Bank of Canada Rate Cut
Hey Guys! The market odds of a 0.50% or 50 basis point rate cut this Wednesday by the Bank of Canada is about 90%. Here is a link to a Globe and
Home Buyer Demand—Three Areas To Note!
Hey Guys! I write you monthly about near term housing supply changes in Calgary's detached and apartment market. Today's content is geared toward Calgary housing demand. We know, the confluence of supply and demand
Market Report: Data Diverging From Recent Trends.
Hey Guys! It's looking like meaningful trends are taking hold, with reasonably noticeable divergence from past years' data. You let me know what you think. I'm breaking down detached and apartment home data,
What Mortgage Would You Choose?
Your Mortgage renewal is likely looming. And we know the rock-bottom pandemic era interest rates are behind us. Here are some Mortgage ideas to consider ... Below is a breakdown of several
Bank of Canada Interest Rate Preview
The Bank of Canada is making a rate announcement Wednesday, July 24th. Here's what you need to know: A fundamental review. Inflation outlook. Risk review. Bank of Canada Fundamentals: The Bank of Canada makes eight interest rate
Planning For Future Payment Shock
Planning For Future Payment Shock I'm speaking to more and more homeowners who are renewing into higher rates, and this typically means 'payment shock'. Payment shock is the sudden jump in required
Calgary Real Estate Market Report—July 2024
Hey Guys! This is my monthly state-of-the-union market update! If you're a homeowner, this will help you understand why your City assessed home value is up. If you're looking to purchase in the