Real Estate Blog - July, 2025

How to Handle a Home Inspection as a Seller in Calgary

What Is a Home Inspection?

A licensed home inspector is hired by the buyer to examine the condition of the property. They check:

• Roof and attic
• Foundation and structure
• HVAC, plumbing, and electrical systems
• Windows, doors, and appliances
• Signs of water damage, mold, or pests

After the inspection, the buyer receives a detailed report, which they may use to:

• Request repairs
• Ask for a price reduction
• Walk away from the deal (if the contract allows it)

Step 1: Don’t Panic

Most inspection reports include minor issues—no home is perfect. Small items like loose door handles or worn-out caulking are common and rarely deal-breakers.

Focus on major concerns like:

• Roof damage
• Foundation cracks
• …

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Bank of Canada Interest Rate Decision – July 2025

The Bank of Canada has held the overnight interest rate at 2.75%, with the Bank Rate remaining at 3.00%.
This decision reflects ongoing uncertainty tied to U.S. tariffs, global trade tensions, and their impact on the Canadian economy.

Global Economic Outlook 2025

• U.S. economic growth slowed in early 2025, though the labour market remains resilient.

• The Eurozone posted modest gains, while China offset export losses to the U.S. with gains in other markets.

• Oil prices remain stable; global equity markets are strong; and the Canadian dollar has strengthened against a weakening U.S. dollar.

• Global GDP growth is forecasted to slow to 2.5% by the end of 2025, with a projected rebound to ~3% in 2026–27.

Canadian…

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Why Calgary's Real Estate Market Is Shifting?

Calgary's red-hot housing market is beginning to show signs of balance—and that's big news whether you're buying, selling, or investing. After nearly two years of tight inventory and aggressive bidding, 2025 is ushering in a new chapter: more listings, more choices, and more time to think.

Calgary Market Report May 2025

Rising Inventory = A More Balanced Market

For the first time since 2022, Calgary's housing inventory is climbing. In May 2025, the months of supply reached 2.6—a major shift from the sub-1 levels we saw last year. This means:

• Buyers now have more time to make decisions.
• Sellers need to price and present their homes competitively.
• Investors may start seeing more negotiation opportunities.

Prices Holding…

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How to Sell a Home in Calgary: The Ultimate Seller’s Checklist

1. Understand the Calgary Market

Before listing your home, research the current market conditions in Calgary. Is it a buyer’s market or a seller’s market? What are similar homes in your neighbourhood selling for?

• Use tools like the Calgary MLS® or our free searching tool https://calgaryhomeselling.ca/search
• Monitor average days on market in your community
• Talk to a local real estate expert for a free home evaluation

2. Choose the Right Real Estate Agent

Partnering with an experienced Calgary REALTOR® makes all the difference. A great agent will help with pricing, marketing, and negotiations.

What to look for:

• Knowledge of Calgary neighborhoods
• Strong marketing strategy (professional photos, social media, MLS)
• …

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7 Common Mistakes to Avoid When Hiring a Real Estate Agent in Calgary

Choosing the right real estate agent is one of the most important decisions you'll make when buying or selling a home. The right agent can help you navigate market trends, negotiate with confidence, and avoid expensive mistakes. Unfortunately, many buyers and sellers fall into the same traps, costing them time, money, and peace of mind.

If you're planning a move in Calgary, here are 7 common mistakes to avoid when hiring a real estate agent:

1. Choosing a Family Friend Just Because You Know Them

While it’s tempting to hire someone you know, relationships shouldn’t replace qualifications. A trusted friend might mean well, but if they lack the experience or market knowledge, it could cost you thousands. Always ask the tough questions—no…

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The True Monthly Costs of Owning a Home in Calgary

As someone who’s helped many families navigate their first home purchase in Calgary, I can say this with confidence: the advantages of homeownership can’t be overstated. But if you’re buying your first home, it can be hard to know what the real monthly cost will be.

Most people focus on the mortgage, and that’s a great starting point. But there’s more to owning a home than just the mortgage payment. From utilities and taxes to insurance and maintenance, here’s what you really need to budget for.

Mortgage Payments: Your Biggest Monthly Expense

Your monthly mortgage payment depends on the purchase price, your down payment, and your interest rate. Calgary’s real estate market offers a wide range of price points depending on property type and…

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New Listing For Sale: 83 Country Hills Villas NW Calgary

Welcome to 83 Country Hills Villas NW — a beautifully maintained END-UNIT townhome with stylish updates and comfortable living. Highlights include new luxury vinyl plank flooring and fresh paint throughout, a single attached garage, and a private backyard. The bright, open-concept main floor features a modern kitchen with crisp white cabinetry flowing seamlessly into the combined living and dining areas—perfect for everyday life and entertaining. A convenient 2-piece powder room completes this level. Upstairs, discover two generously sized bedrooms, including an estate-sized primary suite with room for a king-size bed, a sitting area, a walk-in closet, and a private 3-piece ensuite. The unfinished basement offers endless possibilities to suit your…

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GST/HST New Housing Rebate in Canada: What Homebuyers Need to Know

Buying or building a new home? You may be eligible for a tax rebate through the federal government’s GST/HST New Housing Rebate—a program that helps Canadians recover some of the taxes paid on new or significantly renovated homes. Whether you're working with a builder or managing your construction, this rebate can put thousands back in your pocket.

What Is the New Housing Rebate?

This rebate allows you to recover a portion of the Goods and Services Tax (GST) or the federal part of the Harmonized Sales Tax (HST) on:

• New or substantially renovated homes purchased from a builder
• Owner-built homes or major renovations
• Shares in new cooperative housing units

The key condition: the home must be used as the primary residence by you or a…

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Calgary May 2025 Real Estate Market Report

Key Calgary Real Estate Highlights

• Total Sales in May 2025: Approximately 2,850 units, up about 7% year-over-year
• Median Detached Home Price: $715,000, showing a 5% increase compared to last year
• Median Apartment Price: $315,000, up roughly 4% year-over-year
• Market Inventory (Active Listings): About 4,900 units, keeping Calgary in a seller’s market

The Calgary real estate market continues to stay active, with strong demand from both first-time buyers and families upgrading to larger homes. If you’re browsing the latest Calgary homes for sale, now is a great time to explore your options.

Best Calgary Neighbourhoods to Watch

• Southwest Calgary (SW Calgary): Elbow Park, Altadore — luxury detached homes in high demand
• Northwest…

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New Exclusive Listing For Sale: 173 New Brighton Walk SE Calgary

Welcome to the highly sought-after Elements complex in New Brighton! This FULLY UPGRADED 2-BEDROOM, 2.5-BATH TOWNHOME features DUAL PRIMARY SUITES with WALK-IN CLOSETS and DESIGNER ENSUITES, complete with PREMIUM FINISHES. Enjoy the convenience of an OVERSIZED SINGLE GARAGE, a SUNNY SOUTH-FACING BACKYARD, and LOW-MAINTENANCE LIVING in a vibrant community with access to the NEW BRIGHTON CLUBHOUSE, athletic park, 20-acre CENTRAL PARK, and POND. Located close to SCHOOLS, SHOPPING, and MAJOR ROADWAYS—this is a home you don’t want to miss!

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