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Canada's housing market is on hold as potential buyers wait for interest rates to come down. The Bank of Canada is expected to hold rates steady but may cut them in H2 2024.

Escaping high taxes entirely may prove challenging, but Alberta's tax-friendly environment makes it an attractive destination.Alberta offers affordable housing with no provincial sales tax or Land Transfer Tax, entice purchasers from other provinces.

Legal Obligations: Buyer’s agents assist buyers, while listing agents represent home sellers, each with fiduciary duties.Representation Advantage: Buyers benefit from an agent dedicated to protecting their interests throughout the transaction process.

The housing market is picking up in 2024 with mortgage rates going down. Buyers are coming back to the market, and bidding wars are reappearing.

Calgary offers attractive rental rates, potentially due to Alberta's lower tax structure.Bachelor apartments average $1,578 monthly.

The Calgary Real Estate Board reports a 9.9% increase in March home sales compared to last year due to interprovincial migration to Alberta. The benchmark price for all home types rose by 10.9% year-over-year. More affordable housing types saw significant price gains. Inventory levels decreased, with properties selling in an average of 20 days. Continue…

Calgary was ranked as the best place to live in Canada. The cost of living for 1 person in Calgary is ~$1,621.

Calgary's luxury Real Estate market is doing well, even better than bigger cities. The reason for this is Calgary's diversified economy, which has helped the city weather economic downturns.

Rent in Alberta is rising faster than anywhere else in Canada despite the national avg going down. Calgary rent was $1,707/mo in March for a 1-bedroom apartment, ↓ 0.3% MoM but ↑ 8.5% yearly.