Calgary Real Estate Report: May 2021
What's happening in Calgary Real Estate? A lot. And for many reasons. Let's take a look at data from the Calgary Real Estate Board (CREB) to start
Category
Price Change Indicators
Mortgage Rate Outlook: The Risk
Persistent inflation is a big risk to the Mortgage interest rate outlook in Canada. Check out my previous post that covers how inflation can also play out to be
Insured Mortgage Rule Change
The Mortgage qualifying goal posts have slightly moved, again!Here's a quick history of recent rule changes:July 2020: CMHC qualifying rule change (in effect).April 2021: Uninsured qualifying rule change (effective 1 June 2021). *May 2021: Insured
How Does Inflation Affect Mortgage Interest Rates?
I think you've heard the narrative "inflation is rising" if you've browsed any business news over the past month. You've more than likely heard about the inflated prices of
Calgary Real Estate Update: Lit.
With the month of March behind us, let's look back at the data to gage Calgary's detached and apartment housing market's near term price movements. I've been writing this summary
Market Opportunities
Let's talk about some market opportunities due to the recent fixed interest rate hikes and forward guidance by the Bank of Canada. Before we dive into the opportunities, let's
Market Update: Where’s The Inventory?
Let's look back at February's housing data for a temperature check on Calgary's Real Estate market (data from CREB (link)). My intention is to provide you some of my insight
And We’re Off!
2021 Real Estate has started strongly. Here's why! Low inventory. I think people are less willing to list their homes for sale in a pandemic (shocking). S.T.I.M.U.L.U.S.
Prices Set To Rise
I think a combination of decreasing housing supply and enormous government stimulus has primed Calgary's housing market for a busy Spring '21. Let's look at today's Calgary Real Estate