The latest news from the Canadian real estate market suggests that the resale market is showing an increase in home prices after a 11 month decline.

The Canadian real estate market is showing signs of resilience and growth. The resale market is experiencing an upswing, and this is having a significant positive impact on the Calgary property market.  Now could be the time you’ve been waiting for to sell your home and/or refinance!

Calgary’s latest increase of 8.3% in home prices in the city shows that the tide is turning. Calgary has remained one of the most affordable cities in the country and continue to draw in home buyers wanting to take advantage of the current market conditions and liveability of our city.

While the past year has been challenging with rate increases, now is still a great time to lock in a rate for your new home purchase, mortgage renewal or to consider refinancing your home to unlock that additional equity.