Market Minute Mai 2024

Calgary & Airdrie real estate market update

Thinking about buying a home in Calgary or the surrounding areas like Airdrie, Cochrane, Strathmore, Chestermere or Okotoks? Well, this is a tough feat to accomplish these days. The market is very warm to extremely hot, depending on area, property type and price point. Take a look at these numbers below:

What do you think? Is now a good time to buy or sell, will the interest rate decision by the Bank of Canada have any impact on the trends within the marketplace? Personally, I believe, that the interest rates will start to come down this year. I also believe, that the currently discussed blanked rezoning proposal in the Calgary city council chambers would do little to nothing to housing affordability, if approved. 

Please feel free to reach out, if you have questions or want to discuss any of the info contained herein. We love real estate and helping our friends, family, clients and anyone we encounter along the journey.