Calgary Housing Market Update - April 2023

calgary-housing-market-update---april-2023Welcome to our latest Calgary housing market update for April 2023. As our city's real estate market tightens, we are seeing prices increase. So, what can we expect as we enter the spring market? In this blog post, we'll cover the numbers and what's going on in Calgary's real estate market.

The Calgary Inventory

Firstly, let's look at the inventory in Calgary. We are currently seeing low inventory, with the city experiencing the lowest number of homes on the market since 2006 in March. In addition, currently there is still a high demand from buyers. This demand is putting upward pressure on prices, making it a great time for sellers to enter the market.


If you're interested in exploring the data…

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13 Newest Communities in Calgary

13-Newest-Communities-in-CalgaryCalgary welcomes 13 new communities in 2023. If you are looking for a newly built home, dream of living in a modern master-planned community, or want to be part of a family-friendly neighbourhood, you must check out these new areas.

Vermillion Hill

First on the list is Vermillion Hill. You may not have heard of it yet because it is so brand new that you can only see a vast open space in the area at the moment.

Qualico communities is developing the site with duplexes, laned and detached homes with prices around $500,000 and up. The builders present in this community are Sterling Homes, Broadview Homes, NuVista Homes, Shane Homes, Genesis Builders and Homes by Avi.

Vermillion Hill is right next to Fish…

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