Calgary Housing Market 2021
Posted by Cody Tritter on
Experts have revealed that the Calgary housing market 2021 is likely to continue as a balanced market throughout the year, however we are presently in a dynamic sellers market, something 
Calgary hasn't witnessed for quite some time. The pressures of the pandemic are keeping inventory at persistently low levels, while low interest rates and those looking to move up out of smaller living situations are driving demand.
Some of the factors that will impact the housing market are economic issues that have struck the gas and oil sectors. Besides, the global pandemic has caused lockdowns and increased unemployment among other issues. For example this has led to the abolition of open houses.
In 2020, the Calgary housing market experienced a small rise in…
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from first time home buyer single family homes to luxury penthouse condominiums in the downtown core, to gorgeous acreage properties that hug the perimeter of the city. However, the bulk of homes in Calgary are single detached rather than high-rise multi-storey buildings and as a result there is quite a bit of urban sprawl seen throughout meaning the diversity between communities and their amenities and offerings is quite dynamic.
The word "Expensive" by definition is something (costing a lot of money) That term is truly relative for each individual home buyer, someone with a net worth of $20,000,000 may not consider a home priced $3,000,000 as expensive, while a first time home buyer just emerging into the workforce and real estate industry may view homes priced over $750,000 as too expensive. Nonetheless, we've put together a dynamic list of the most expensive (AKA highest priced) homes for sale in Calgary and surrounding areas including Chestermere, Okotoks, Cochrane and Airdrie.