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Open House. Open House on Saturday, March 22, 2025 1:00PM - 3:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Saturday, March 22, 2025 1:00PM - 3:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful stone surround, mantle and hearth, perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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Bank of Canada Rate Cut: What It Means for Calgary's Real Estate Market in 2025

On March 12, 2025, the Bank of Canada reduced its target for the overnight rate by 25 basis points to 2.75%, marking the seventh consecutive rate cut in its current monetary easing cycle.

This decision aims to counteract the economic slowdown resulting from escalating trade tensions and tariffs imposed by the United States.

For Calgary's real estate market, this rate reduction carries significant implications.

Lower Borrowing Costs

A decrease in the overnight rate typically leads to lower interest rates on mortgages and other loans. This reduction makes borrowing more affordable for potential homebuyers in Calgary, potentially increasing demand in the housing market. As borrowing costs decrease, more individuals may qualify for mortgages, encouraging first-time homebuyers and investors to enter the market.

Increased Housing Demand

With more affordable financing options, Calgary could experience heightened demand for residential properties. This surge may lead to increased competition among buyers, potentially driving up home prices. Sellers might find this an opportune time to list their properties, anticipating favorable returns due to the expanded pool of buyers.

Impact on Real Estate Investment

Lower interest rates often make real estate investments more attractive compared to other asset classes. Investors seeking stable returns might turn to Calgary's real estate market, considering the reduced cost of borrowing and the potential for property value appreciation. This influx of investment can stimulate construction and development projects, contributing to the city's economic growth.

Considerations for Buyers and Sellers

While lower interest rates present opportunities, it's essential for buyers to assess their financial readiness and not rush into purchases solely based on reduced borrowing costs. Conducting thorough market research and understanding long-term financial commitments remain crucial. Sellers, on the other hand, should be prepared for increased activity and consider strategic pricing to capitalize on the heightened demand.

Conclusion

The Bank of Canada's recent rate cut is poised to influence Calgary's real estate market by lowering borrowing costs and potentially boosting housing demand. Both buyers and sellers should stay informed and approach the evolving market dynamics with careful planning to make the most of the current economic environment.

Bank of Canada Cuts Rates Amid Trade Tensions

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reuters.com

Bank of Canada cuts rates by 25 basis points: Full text

2 days ago

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Financial Times

Canada cuts rates as trade war shakes consumer and business confidence

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Open House. Open House on Saturday, March 15, 2025 1:00PM - 3:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Saturday, March 15, 2025 1:00PM - 3:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful stone surround, mantle and hearth, perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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Open House. Open House on Sunday, March 16, 2025 1:00PM - 3:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Sunday, March 16, 2025 1:00PM - 3:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful stone surround, mantle and hearth, perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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February 2025 Market Update

Calgary Real Estate Market Update – February 2025

The Calgary real estate market saw significant shifts in February 2025, with inventory levels rising for the second consecutive month. While sales remained above long-term trends, they declined compared to last year, signaling a shift towards a more balanced market.

Rising Inventory and Market Shifts

Total inventory in February increased by an impressive 76% year-over-year, reaching 4,145 units. This growth was most pronounced in the more affordable apartment and row/townhouse sectors, leading to a months-of-supply level of 2.4—more than double what it was this time last year. Apartment-style units had the highest supply at 3.1 months.

February saw 1,721 sales, 19% lower than last year but still above historical averages. With 2,830 new listings, the sales-to-new listings ratio settled at 61%, indicating a softening of the seller's market that has dominated in recent years.

CREB® President and CEO Alan Tennant noted, “Even though more people listed their homes for sale, there were fewer sales than in February 2024. So, we’re seeing the seller’s market of the past two or three years ease off. In turn, that’s caused the pace at which prices are increasing to slow down, which should come as welcome news for buyers.”

Price Trends Across Housing Types

The unadjusted benchmark price for total residential properties in February was $587,600—relatively stable compared to late 2024 and up just 1% year-over-year. Price movements varied across districts, with the City Centre and North experiencing declines, while the East district saw the strongest price growth of over 3%.

Detached Homes:

  • Sales fell nearly 20% to 765 units.

  • New listings rose 6% to 1,265 units.

  • Inventory increased by 61% year-over-year.

  • Prices climbed 5% to a benchmark of $760,500, with the City Centre leading at an 8% increase.

Semi-Detached Homes:

  • Sales dropped 14% to 165 units, while new listings rose 7% to 240 units.

  • Inventory levels increased by 46%.

  • Prices rose nearly 7% to $683,500, with the City Centre and South districts seeing the most growth at 8%.

Row/Townhouses:

  • Sales declined over 9%, while new listings grew by nearly 4%.

  • Inventory levels more than doubled compared to last year.

  • Benchmark prices rose almost 3% year-over-year to $446,880, with the East district seeing a notable 12% increase.

Apartment Condominiums:

  • Sales dropped 26% to 473 units but remained above long-term averages.

  • Inventory surged by 90%, driven by record-high new listings.

  • Prices rose nearly 4% to $334,200, with the West district seeing the strongest growth at 8%.

Regional Market Highlights

Airdrie:

  • Sales declined 9% to 123 units, while new listings surged 23% to 225 units.

  • Inventory more than doubled, pushing months of supply to nearly 3 months.

  • Benchmark price was $537,600, up 1.6% year-over-year.

Cochrane:

  • Sales reached 75 units, with new listings at 126, both higher than last year.

  • Inventory rose 48% year-over-year, bringing months of supply to 2.6.

  • Prices increased 5% to $577,100.

Okotoks:

  • Sales dropped 4% to 45 units, while new listings rose 7% to 60.

  • Inventory levels remained lower than historical averages at 69 units.

  • Benchmark price remained stable at just under 1% growth from 2024.

What This Means for Buyers and Sellers

The Calgary market is shifting towards more balanced conditions, creating opportunities for both buyers and sellers. Buyers will appreciate the increased inventory and slower price growth, while sellers should adjust expectations as market conditions evolve.

For more insights or to discuss your real estate needs, feel free to reach out!

Stay tuned for next month’s market update!

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Open House. Open House on Saturday, March 8, 2025 12:00PM - 2:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Saturday, March 8, 2025 12:00PM - 2:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful stone surround, mantle and hearth, perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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Open House. Open House on Sunday, March 9, 2025 12:00PM - 2:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Sunday, March 9, 2025 12:00PM - 2:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful stone surround, mantle and hearth, perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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Open House on Saturday March 8 & Sunday March 9, 2025 from 12-2

🏡 Just Listed! Stunning 2-Story Home for Sale in Reunion, Airdrie 🏡

Looking for a beautiful 4-bedroom home in Airdrie? This move-in-ready home in Reunion has it all! Featuring 4 spacious bedrooms upstairs, including a luxurious primary suite with a 5-piece ensuite, this home is perfect for families.

The main floor boasts hardwood flooring, a bright dining room with coffered ceilings, a gourmet kitchen with granite countertops and a gas range, plus a cozy living room with a gas fireplace. There’s also a main-floor office and half-bath for extra convenience.

The fully finished basement (permitted!) offers a rec room, additional bedroom, half-bath, and a soundproof flex space—perfect for a home theater or studio. The backyard is fully landscaped with a deck, water feature, garden shed, and full fencing.

📍 Located in Reunion, Airdrie, a top-rated family-friendly community with parks, walking paths, playgrounds, schools, shopping, and easy access to Calgary.

📞 Contact Lori Nitah, Airdrie Realtor, today to book a showing!

#AirdrieRealEstate #HomesForSaleAirdrie #ReunionAirdrie #MoveInReady #YYCHomes

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New property listed in Airdrie, Airdrie

I have listed a new property at 92 Reunion CLOSE NW in Airdrie. See details here

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful built-ins perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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Open House. Open House on Saturday, March 1, 2025 12:00PM - 2:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Saturday, March 1, 2025 12:00PM - 2:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful built-ins perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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Open House. Open House on Sunday, March 2, 2025 12:00PM - 2:00PM

Please visit our Open House at 92 Reunion CLOSE NW in Airdrie. See details here

Open House on Sunday, March 2, 2025 12:00PM - 2:00PM

Welcome to this stunning two-story home in the sought-after community of Reunion in Airdrie! This beautifully designed home offers four spacious bedrooms upstairs, including a luxurious owner's retreat. The spa-like five-piece ensuite provides a serene escape complimented by a generous walk-in closet and an elegant tray ceiling, adding to the home's sophistication and charm. An additional full bathroom with a double vanity and generously sized laundry complete the upper level. The main floor boasts hardwood flooring and a gourmet kitchen designed for both style and function. This chef's kitchen features granite countertops, a gas range, a large fridge, a built-in microwave, a dishwasher, a trash compactor and a garburator. The expansive breakfast bar seamlessly connects to the open-concept living and dining areas, creating the perfect space for entertaining. The inviting living room is centered around a cozy gas fireplace, with beautiful built-ins perfect for relaxing evenings. A main-floor office and a convenient half-bath add to the functionality of this space. The recently finished, fully permitted basement expands your living options with a rec room, a bedroom, a half-bath, and a versatile soundproof flex space—ideal for a home theatre or music studio. Step outside to your fully landscaped south-facing backyard - an inviting retreat featuring a spacious deck, a tranquil water feature, and a cozy patio area for your firepit This yard is complete with a garden shed, and full fencing ensuring privacy and charm. This home is perfectly located close to parks, shopping, schools, and all the amenities Airdrie has to offer. Don’t miss this fantastic opportunity—book your showing today!

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I have sold a property at 75 Mountain Park CIRCLE SE in Calgary

I have sold a property at 75 Mountain Park CIRCLE SE in Calgary on Aug 28, 2024. See details here

PRICE IMPROVEMENT - Experience living in this executive Laratta-built home, nestled in the highly sought-after community of McKenzie Lake in Calgary. This exquisite residence offers exclusive lake access, providing unparalleled recreational opportunities such as swimming, fishing, kayaking, and paddle boarding. Residents also enjoy private beach areas, beautifully maintained parks, and year-round activities like skating and community events. With these unique privileges, McKenzie Lake living embodies a lifestyle of leisure and community engagement, making it a dream come true for those who cherish an active and vibrant lifestyle. Perfectly positioned, the home is within walking distance to schools, near a golf course, and enjoys easy access to major routes, shopping centers, and various amenities. Additionally, the property is conveniently close to Fish Creek Park, adding to its appeal for nature lovers. One of the standout features of this property is the replacement of Poly B plumbing, a $20K value upgrade that ensures peace of mind for the new owners. Additionally, the home boasts new furnaces, hot water tanks, air conditioners, and a newer roof. The installation of new LUX triple-pane glazed windows with new roller blinds further enhances the home's energy efficiency and comfort. Step through the grand entryway into a main floor that impresses with vaulted ceilings in the living and dining rooms, creating an open and airy atmosphere. The renovated kitchen is a chef's dream, featuring top-of-the-line stainless steel JennAir appliances, including a gas cook top and double ovens, and granite counter tops that provide ample workspace. A center island and a kitchen bar offer additional seating and prep space, making it ideal for casual dining and entertaining. The large walk-in pantry provides ample storage for all your culinary needs. The kitchen opens seamlessly to a cozy family room with a charming wood fireplace and custom built-ins, perfect for relaxed family gatherings. The west-facing windows flood the space with natural light and offer stunning sunset views. A large deck with Duradek flooring and gas lines for effortless grilling extends the living space outdoors, making it ideal for entertaining. An office with a convenient Murphy bed, a stylish powder room, and a well-appointed laundry room complete this level. Upstairs, discover four spacious bedrooms, each thoughtfully designed for comfort and privacy. The newly renovated bathroom features modern fixtures and finishes. The owner's retreat is a true sanctuary, boasting a luxurious spa ensuite with a deep soaking tub, a separate glass-enclosed shower, and custom closet organizers for optimal storage. The lower level walkout basement is an entertainer’s paradise, featuring a spacious family and games room, a fully equipped gym, a comfortable bedroom, and a modern bathroom. This level opens to an intimate covered porch patio with an epoxy floor and gas lines, perfect for your outdoor enjoyment

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