Top Luxury Home Buying Tips in Calgary

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Confession Time About This Blog

Blogging has not been my strength and so this is officially a work in progress.  I have some big plans for the blogging page in the foreseeable future so I ask for your patience as I venture into this side.

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2026 Sotheby’s Luxury Outlook Report

Posted by Steven Hill on Jan 07, 2026

Market Updates, January 7 2026 I am pleased to present the Sotheby’s International Realty® brand’s 2026 ...

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Winter Prep For Your Calgary Home

Winter is coming and so it makes perfect sense to start today on your winter home maintenance list.

Using a simple checklist to get all the tasks organized is easy so here are the essentials to look out for:


Clean Out The Gutters and Downspouts

With the leaves now off the trees in Calgary, it's safe to say that they have either landed on your lawn or in your gutters.  Clearing out your gutters prevents any debris from clogging up your eavestroughs and allows for proper drainage.  *safety is key in this task so call a professional if you unable to use a ladder or access your eavestroughs safely.


Have Your Furnace Checked and Ready

Temperatures are dropping quickly and now is the time to get your furnace in tip-top shape for the long winter.  Call a furnace technician or hire a professional to have your furnace checked and given a proper tune-up.  As a bonus, having your ducts cleaned increases efficiency and reduces the amount of dust that will accumulate in the next few months.


Hibernate Your Air-Conditioner

Admit it, you won't be using your A/C for a good six months so now is the time to focus on tucking it away properly for the winter.  Most A/C units come with an easy disconnect to prevent it from accidently being turned on.  Purchase a cover to protect it from the elements and if it's a window type, you should remove it so it doesn't cause a draft.

 

Chimney & Fireplace Check

Before you dream of roasting marshmallows or cuddling by the fireplace, it's important to have your chimney and fireplace in good working condition.  Dangerous gasses can build up inside a chimney so be sure to have a professional inspect your chimney to prevent fires and keep you and your family safe.  


Smoke Detector & Carbon Monoxide

It's always good practice to check both your smoke detectors and carbon monoxide detectors a few times in the year.  Before cozy evening by the fireplace happen and the furnace gets set for the winter, be sure to check ever detector on all levels of your home.  If you don’t have smoke detectors and carbon monoxide detectors on each level, now is the time to go shopping for them.


Windows and Doors

Higher heating bills are imminent in the winter months but see if you can help keep them lower by following a few easy steps.  Replace worn weather stripping and fill any gaps your feel near your windows and doors, pipes and faucets.  This not only prevents heat from escaping but can also stop cute little critters from calling your place home for the winter.


Lawn Care

An easy, fool proof way to care for your lawn before snow arrives is this:  rake up all your leaves, mulch them and spread on flower and garden beds for good nutrients or compost them in your green bin.  Putting a fall/winter fertilizer on the lawn before the snow hits is a good idea and can help give you a head start in the spring time to a lush, green lawn.  


Bring out the machines

It's inevitable: shovels are the new fashion accessory.  At our home, we each have one, even the kids.  I suggest for easy clearing to purchase ones with the metal edger to help clear right down to the sidewalk.  Getting an ice chipper is also a good investment since the City of Calgary bylaw requires ice to be cleared down to bare cement. Having a bag of sand or kitty litter and salt to help melt the icy patches is always a good idea too.


Don't forget your vehicle

Now is the time to throw that snow brush and windshield scraper in the trunk and top up with antifreeze washer fluid.  We have a golden rule in our house as well that no matter what, the gas tank must always stay above half in the winter.  You never know in Calgary when you will be stuck in traffic and having your tank filled is a good habit in the colder months.


Last but not least,  enjoy it while it lasts.  Sure, it can be a bit of a nuisance to head out to shovel or feel bundled up for six months of the year, but that being said, winters are beautiful in Calgary.  Wear proper clothing, plan some day trips to the mountains and smile when ol' Jack Frost appears in the early mornings.  Most of all, stay warm!

Cheers,

Steven


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Real Estate Magazine: How To Deal With Career Stress

Did you know that a career in real estate is one of the most stressful careers there is?!    Well, I sure do!

And recently, Toby Welch of Real Estate Magazine asked my thoughts on how to perform at a high level and manage all the stress that comes along with it.

Remember, this is a commission based career, so I see the way the great Billy Jean King said it, "Pressure is a privilege" .

Take a look and let me know your thoughts....



Advice for Agents

How to deal with career stress

 
Read The Full Article Here
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October 2021 Calgary Housing Market Update

Market continues to favour the seller in October



City of Calgary, November 1, 2021 –
There were 2,186 sales in October, a record high for the month and over 35 per cent higher than longer-term averages. Year-to-date sales are on pace to hit new record highs and are currently 61 per cent higher than average activity recorded over the past five years and 42 per cent higher than 10-year averages.

“Moving into the fourth quarter, the pace of housing demand continues to exceed expectations in the city,” said CREB® Chief Economist Ann-Marie Lurie.

“Much of the persistent strength is likely related to improving confidence in future economic prospects, as well as a sense of urgency among consumers to take advantage of the low-lending-rate environment.”

New listings have improved relative to last year, but stronger sales caused further easing in inventory levels, which remain 16 per cent lower than last year and longer-term averages for the month. Supply levels have struggled to keep pace with demand, but much of the decline in the months of supply has been related to the strong sales levels. As of October, the months of supply dipped to just over two months.

Persistently tight market conditions did cause some benchmark price gains this month. The benchmark price in October reached $460,100, slightly higher than last month and nearly nine per cent higher than the $422,600 recorded last October.

HOUSING MARKET FACTS

Detached
Thanks to gains in most districts, detached home sales improved by 17 per cent compared to last year. The strongest sales growth this month occurred in the North East and East districts, which are the most affordable districts in the city.

New listings improved relative to last year’s levels, but with 1,350 new listings in October and 1,333 sales, the sales-to-new-listings ratio for detached homes rose to 99 per cent, inventories fell to 2,063 units and the moths of supply dipped below two months.

Further tightening in the detached market resulted in upward pressure on home prices. In October, the detached price reached $540,900, up nearly one per cent compared with last month and over 10 per cent higher than levels reported last October. On a year-to-date basis, price growth has been the strongest in the North and South East districts, where prices have increased by over 11 per cent.

Semi-Detached
Sales continued to improve this month, contributing to the year-to-date record high. However, new listings eased and the sales-to-new-listings ratio rose to 98 per cent as inventories fell. The months of supply, which has trended down over the past several months, once again placed upward pressure on prices in the sector.

The semi-detached benchmark price rose to $427,800 this month, nearly nine per cent higher than last year’s levels. So far this year, sales have improved across every district, but the tightest conditions have been in the South East and North districts. These two districts have also seen the highest year-to-date price gains, which have exceeded 10 per cent.

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Calgary, Alberta - A Top City to Live in Globally

WORLD'S BEST CITIES

A new report published in 2021 by Resonance Consultancy shows our beautiful city of Calgary in the Top 50 out of 100 best cities in the world.

Is anyone not surprised by this????

Calgary is a fabulous city to live and thrive in and one of the many reason that I have never left!  

Back to the report that was featured in this Calgary Herald news article in September, our Calgary placed 49th out of 100 for best cities, beating out Edmonton, Lisbon, Osaka, and Denver.   

The Consulting organization looks at 6 categories when making the list:  including prosperity where Calgary placed 31st and people where Calgary placed 13th (no surprise there as we Calgarians are a diverse and educated bunch).

It clearly shows how resilient we are, despite a struggling economy and an increase in unemployment rates, there is still plenty or reasons to love and enjoy living in this wonderful city. 

My favorite part of the article was this quote:

"People here walk with the velocity of New Yorkers and cut to the chase like Texans."

If that doesn't perfectly describe this diverse community, filled with entrepreneurialism then my guess is, you aren't from around here.  

READ HERE for the report  

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Q3 -2021 Calgary & Region Housing Report

CREB®’s Q3 2021 Housing Report released

City of Calgary, Oct. 19, 2021 –

For the full report, please download CREB®'s Q3 2021 Calgary & Region Quarterly Update Report here.

The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014.

Much of the strength in demand was likely driven by the low-lending-rate environment and increased savings among those whose incomes were not impacted by COVID-19 shutdowns.

"Sales have slowed from the record pace seen earlier this year, but some of this slowdown was likely related to limited improvements on the supply side of the market," said CREB® Chief Economist Ann-Marie Lurie.

"Supply-demand balances improved for buyers compared to what we saw in the spring, but the market continued to favour the seller in the third quarter". 

The number of new listings coming onto the market has increased compared to last year. However, the quarterly decline in new listings outpaced the pullback in sales, causing supply levels to trend down in the quarter and remain lower than last year's levels.

"Persistently tight conditions have supported price gains in the market, with new record highs set in both the detached and semi-detached sectors," said Lurie.

"However, with fewer supply challenges facing the apartment sector of the market, price gains there have not been enough to erase the declines recorded over the past six years."

In Calgary, the residential benchmark price rose by one per cent compared with the previous quarter and sits over nine per cent higher than prices recorded in the third quarter of last year.

Meanwhile, many of the areas outside of Calgary city limits have seen exceptionally strong sales and supply that has not kept pace with demand. For many of these areas, lack of supply has contributed to steeper price gains than what has been seen in the city, narrowing the price gap between the two. 


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September 2021 Calgary Real Estate Market Update
City of Calgary, October 1, 2021 –

Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.

“While sales activity in the fall tends to be slower than in the spring months, the continued strong sales are likely being driven by consumers who were unable to transact earlier in the year when supply levels had not yet adjusted to demand,” said CREB® chief economist Ann-Marie Lurie. “The market continues to favour the seller, but conditions are not as tight as they were earlier this year.”

Inventory levels in September eased to 5,607 units, keeping the months of supply below three months. However, there is significant variation depending on property type and the tightest conditions continue to be in the detached market, with under two months of supply. At the same time, the apartment condominium sector is not facing the same level of supply challenges, with nearly five months of inventory available based on current demand levels.

Supply adjustments have helped ease the upward pressure on home prices. Prices have eased slightly relative to a few months ago, but they remain well above levels recorded earlier in the year. As of September, the total residential benchmark price in Calgary was $457,900, over eight per cent higher than levels recorded last year.


HOUSING MARKET FACTS

Detached
Calgary recorded 1,268 sales this month, a significant gain relative to last year and 30 per cent higher than longer-term trends. Sales this month improved across all price ranges except homes priced under $400,000. However, the decline in sales in the lower price range is likely related to limited supply choice.

On a year-to-date basis, prices have improved across all districts, with gains that range from a low of five per cent in the City Centre to nearly twelve per cent in the South East. The City Centre is the only district where prices remain below previous highs. The September detached benchmark price of $537,500 has trended down slightly from the record high set in July, but this has not erased earlier gains, as it remains nearly 10 per cent higher than last year.

Semi-Detached
With less supply choice in the lower price ranges of the detached market, many consumers have turned to the semi-detached sector. With 2,005 sales so far this year, year-to-date sales are over 45 per cent higher than long-term trends and have reached new record highs. The improvement in sales was, in part, related to the improvements in new listings. The sales-to-new-listings ratio in this sector has averaged below 70 per cent over the past several months. This is nowhere near as tight as the detached sector, which has averaged 80 per cent.

While conditions have not been as tight in the semi-detached sector, there have still been substantial price gains this year. As of September, the benchmark price was $424,900, slightly lower than last month, but over eight per cent higher than last year’s levels. Like the detached sector, the semi-detached sector’s slowest price growth has occurred in the City Centre. On a year-to-date basis, prices remained below previous highs in the City Centre, North East and South districts.

 
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2021 Top-Tier Real Estate Fall Forecast

Following record-shattering sales across major markets through the first half of 2021, Canada’s metropolitan luxury real estate markets continue to reflect unprecedented circumstances leading into fall 2021. With an unsatiated undercurrent of demand across every major market and a new wave of prospective real estate consumers imminent, rising prices and steady activity are forecasted for fall.


Key Influences

  • Severe inventory deficit sparks price gains, undermines potential sales
  • Return to city living ignites urban sales and condominium demand
  • Job gains bolster top-tier real estate sales
  • Gap between luxury and conventional housing trends widen

 
Calgary’s luxury residential real estate market, which had gained steady traction since the start of the year, evolved into a true seller’s market over the summer and is poised for more balanced market conditions this fall.


Vancouver’s luxury market is poised to see some relief from the extraordinary pace and price gains experienced over its prolonged seller’s market but continues to confront the challenges of the region’s chronic and significant deficit of conventional and high-end housing supply.
 
After a brief seasonal sales slowdown, Montreal’s market rebounded swiftly in early fall, pointing to a dynamic and active season ahead. In face of strong consumer demand, the city is set to face the twin challenges of a significant provincial deficit of conventional and luxury housing, and price acceleration in turn.

Greater Toronto Area (GTA) is positioned to see continued price acceleration in an active fall market, even as the region’s acute shortage of conventional and luxury housing supply caps overall activity. GTA’s luxury condominium market strengthened as confidence in urban living continues to rise.


READ THE FULL REPORT HERE

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Discover the “Future Issue,” How Culture and Real Estate are Adapting After a Wave of Change
In the past year, we have witnessed a wave of change that has engulfed every aspect of everyday life, accelerating technology, business, culture, society – and real estate. In our latest issue of Insight: The Art of Living magazine, we invite you to explore some of these trends and changes in a futuristic era that has now arrived.

Learn how four major urban real estate markets weathered the pandemic storm, and how the popularity of multi-generational homes and family-friendly communities have risen in a year that has been about bringing everyone and everything into your immediate orbit.
 
 
From luxurious cabins to stylish urban townhomes, you’ll also discover how the long-promised future of prefabricated buildings is finally here. Enterprising architects and designers are finding ways to use prefab’s advantages in a variety of settings.

Explore some of Canada and the world’s most appealing travel and vacation home destinations, including Prince Edward County’s newest simple and stylish waterfront retreat, Wander the Resort. The property taps into the nostalgia of family vacations, camping with your family, or renting a cabin on the water. It is also the only Canadian property to make the 2021 Hot List at Condé Nast Traveler.
 
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August 2021 | Calgary Real Estate Market
City of Calgary, September 1, 2021 –

Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.

“Sales have far exceeded expectations throughout most of the pandemic, driven mostly by demand for detached homes. At the same time, supply could not keep pace and conditions shifted to favour the seller, something that has not happened in over six years,” said CREB® Chief Economist Ann-Marie Lurie.

“With more buyers than sellers, prices rose, providing opportunity for many of the move-up buyers in the market. Over the past several months we have seen some adjustments in supply relative to sales, helping move us toward more balanced conditions.”

The months of supply in August was nearly three months. This is an improvement relative to earlier in the year, but conditions generally remain far tighter than typical August levels. However, some improvements in supply compared to sales have been slowing price growth.

As of August, the total residential benchmark price was $459,600, slightly lower than last month, but over nine per cent higher than levels recorded last year. The price gains have ranged by product type, with the highest gains occurring in the detached sector of the market.


HOUSING MARKET FACTS

Detached
Supported by gains in every district, August sales totalled 1,300 units, which is 31 per cent higher than levels recorded last year and well above long-term averages. New listings have also improved relative to last year, but it has not been enough to cause any substantial change in inventory levels, which fell to 2,770 units this month. The months of supply remained just above two months in August. This is well below traditional levels for this time of year, but not as tight as levels recorded earlier in the year.

Following several months of strong price gains, August prices remained relatively stable compared with July figures, but were more than 10 per cent higher than levels recorded last year. Price gains continue to vary significantly based on location. Prices have risen across all districts relative to last year, but prices trended down In the City Centre, North West, West and South districts compared to last month.

Semi-Detached
Further year-over-year sales gains in August contributed to a record-high year-to-date sales total of 1,797 units, more than 70 per cent higher than last year. Sales have improved across all districts in the city, but the largest gains occurred in the West, North West and City Centre.

While inventory levels have trended down over the past few months, so too has sales activity. The months of supply rose above three months in August for the first time since October of last year. Any shift toward more balanced conditions will help ease some of the upward pressure on prices.

As of August, the semi-detached benchmark price was $430,000, nearly 10 per cent higher than last year, but only slightly higher than last month. Despite strong price gains across all districts, prices still have not recovered from previous highs in the South, North East and City Centre districts.

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July 2021 |  Calgary Real Estate Market
City of Calgary, August 3, 2021 –

July sales totaled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has helped prevent any further monthly gains in inventory levels, and while overall supply remains slightly higher than last July, it’s mostly due to gains in apartment and row product.

With 6,678 units in inventory in July, the months of supply rose to just under three months. These gains are leading to far more balance between sellers and buyers. However, there is a significant variation between product type, as the months of supply ranged from two months in the detached sector to nearly six months in the apartment condominium sector.

“Over the past several months, we have seen housing market conditions trend toward more balanced conditions,” said CREB® Chief Economist Ann-Marie Lurie. “This eased some of the upward pressure on prices, as prices are starting to stabilize following steep gains that occurred in the first half of the year.”

Benchmark prices in the city reached $460,100, slightly higher than last month and nearly 10 per cent higher than last July. Price growth has been the highest in the detached sector, which currently sits 11 per cent above last year’s price and has finally recovered from previous highs in 2014.


HOUSING MARKET FACTS

Detached
Both sales and new listings trended lower relative to last month, but remained higher than last year’s levels. Sales are still at record levels, but with only 1,822 new listings coming onto the market in July, the sales-to-new-listings ratio remained relatively high at 78 per cent.

Slower sales relative to the inventory levels also caused the months of supply to trend up. With just over two months of supply conditions remain relatively tight. However, this is an improvement relative to the past five months. Activity also varies by price range, with homes priced below $500,000 still facing tight market conditions with less than two months of supply.

Prices continued to trend up this month over last month. At a city-wide benchmark price of $539,900, prices are 11 per cent higher then last year’s levels. Prices have been on the rise in every district, but it is only the City Centre that is reporting prices below the 2014 high.

Semi-Detached
While sales activity did slow in some districts compared to last year, overall year-to-date levels remain at historic highs. While new listings are higher than last year’s levels, they trended down enough compared to last month to cause a slight monthly decline in inventory levels. With 209 sales and 577 units in inventory, the months of supply rose to nearly three months. This is still lower than levels recorded last year, but much higher than the extremely tight conditions recorded over the first half of the year.

Benchmark prices continue to rise over last month, but like other property types, at a slower pace. Nonetheless, at a benchmark price of $428,400 in July, levels are nearly ten per cent higher than last year and have recovered from previous highs. While price gains have occurred across most districts, on a year-to-date basis, they have not yet fully recovered from previous highs in the City Centre, North East, South and East districts.

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Latest Blog Posts

2026 Sotheby’s Luxury Outlook Report

Posted by Steven Hill on Jan 07, 2026

Market Updates, January 7 2026 I am pleased to present the Sotheby’s International Realty® brand’s 2026 ...

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Posted by Steven Hill on Jan 02, 2026

Jan. 02, 2026 | CREB 2025 housing market shifted to more balanced conditions Calgary, Alberta, Jan. 2, ...

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