Insights Kyle Dovigi Insights Kyle Dovigi

Calgary Market Report - January 2023

Condos have outperformed in Calgary, rising 1% month-over-month and up 10% from last year! A very low number of new listings is keeping inventory and sales very low which I expect to continue for another few months at least.

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Insights Kyle Dovigi Insights Kyle Dovigi

City of Toronto Property Taxes Going Up 7%

Property taxes in Toronto are going up by 7%. What no one is talking about is the massive shortfall of funding that won’t be collected from the Land Transfer Tax (almost $750M). The average LTT paid was $38k - that is literally the deposit on a condo in Calgary - as a real estate investor, which do you prefer?

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Insights Kyle Dovigi Insights Kyle Dovigi

Calgary Market Report - December 2022

The Calgary real estate market continues to be resilient, even in the face of higher interest rates. New listings have dropped off a cliff and available inventory is incredibly low. Condos had a record year and are performing well.

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Insights Kyle Dovigi Insights Kyle Dovigi

Calgary Rent Through the Roof

Rental rates in Calgary are through the roof with rents increasing over 32% year over year. Calgary is facing a perfect storm which makes it a great investment option for the foreseeable future.

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