Tag: real estate news
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Calgary condo prices have dropped nearly $46K from their peak
Calgary’s condo market has changed significantly from the red-hot conditions seen just a couple of years ago, with apartment prices now sitting roughly 13% below their 2024 peak. According to the latest data from the Calgary Real Estate Board, the benchmark price for an apartment-style condo in Calgary fell to $295,400 in August 2026. That…
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Edmonton Home Prices Are Up $80K in Just Two Years
Over the past two years, Edmonton’s housing market has seen a dramatic increase in home prices—rising by nearly $80,000. While other major Canadian cities continue to struggle with affordability, Edmonton is quickly becoming one of the most talked-about real estate markets in the country. 📈 How Much Have Edmonton Home Prices Gone Up? In May…
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Bank of Canada to slash interest rates in half by end of 2025, predicts Desjardins
In a move anticipated to bring significant financial relief to Canadians, the Bank of Canada is gearing up to initiate a series of interest rate reductions starting this spring. According to Desjardins Group, this strategic adjustment aims to alleviate the economic strain experienced by many, marking a shift towards more accommodating monetary policy. Desjardins Group’s…
