The role of a realtor extends beyond simple buying and selling transactions, providing guidance and expertise to support real estate decisions. This is especially true for a pre-construction purchase. Furthermore, the Calgary real estate market can hold many potential gems for both homeowners and investors, but to find the best opportunities, a top Calgary realtor acting as a trusted guide can make...

The latest Bank of Canada rate announcement was to hold its overnight rate target at 5%, alongside a bank rate of 5.25% and a deposit rate of 5%. Cuts are expected, but the precise timing and magnitude of these cuts are still being debated. Meanwhile, some experts, although expecting cuts to eventually come, have been calling for more aggressive rate cuts to stimulate the economy.

Now, new information...

According to a quarterly report by Edge Realty, there are some mixed indicators for the strength of the BC housing market. 

Sales 

Quarter-over-quarter, there was a significant increase of 8.9% in sales in the first quarter of 2024, indicating a reasonable demand for housing. However, the year-over-year growth was more modest at 0.6%, which may indicate a slowdown in the housing market compared...