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Housing Market

June 2020: sales decline by two per cent from last year...

After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling...

CMHC tightens lending requirements for insured mortgages

Canada Mortgage and Housing Corporation (CMHC) is changing its underwriting policies for insured mortgages. Starting July 1, new applicants for CMHC’s mortgage default insurance will...

My Neighbourhood: Mount Royal

The communities of Upper and Lower Mount Royal have long been home to an eclectic mix of everything Calgary’s real estate scene has to...

Business as usual? How buyers, sellers and REALTORS® have adapted to...

What a difference three months makes. Restrictions in place to slow the spread of COVID-19 have altered almost all standard practices, including real estate transactions....

Bank of Canada holds steady on interest rates as market conditions...

The Bank of Canada maintained its overnight rate target at 0.25 per cent and announced it would be scaling back some of its interventions...

May 2020: COVID-19’s impact on Calgary housing market continues

Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary. May sales totalled...

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