The government is rolling out major mortgage reforms to help the younger generation achieve homeownership, including longer amortization periods and higher mortgage limits.
In this month’s newsletter, I’ll be sharing three scenic hiking spots around Calgary that offer a perfect escape from the daily grind. With some of these trails showcasing stunning fall foliage, make sure to have your phone charged for beautiful autumn photos.
Be sure to check out our monthly real estate market update, a new featured neighborhood, recent news, and local events to enjoy this Thanksgiving and Halloween. Don’t miss the section on pumpkin art—you’ll be amazed at how far pumpkin carving has come!
As always, if you have any questions, feel free to reach out to me!
Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September. “We are starting to see a rise in new listings in our market. However, most of the listing growth is occurring in the higher price ranges,” said Ann-Marie Lurie, Chief Economist at CREB®...READ MORE
Calgary Ghost Tours at Heritage Park (until Oct 17) Experience the eerie side of history with Heritage Park's Ghost Tours, where guides share haunted tales and chilling stories as you explore the park's historic streets. Pumpkins After Dark (until Oct 31) Canada's largest Halloween festival returns to Calgary with 10,000 hand-carved pumpkins, live carving, music, and fall treats. Enjoy roaming performers and photo ops at this family-friendly event. ScreamFest (Oct 11 – 31) Canada's biggest Halloween event returns with haunted houses, spooky games, and scary entertainment. Rated PG13, it's meant to frighten adults and is not recommended for young children or the faint-hearted. Pumpkin Fest by Blue Grass (Oct 12) Save the date for the 21st Annual Pumpkin Fest at Blue Grass Nursery, featuring pumpkin carving, a scarecrow contest, and fun for all ages, supporting Alberta Children's Hospital. Calaway Park Thanksgiving (Oct 12 – 14) Visit the park during Thanksgiving Weekend! Please bring a non-perishable food item to support the Calgary Community Kitchen. Heritage Park Thanksgiving (Oct 12 – 14) Celebrate Thanksgiving weekend at the Historical Village's final 2024 weekend with dining, train rides, and family fun. Enjoy year-round events like Ghouls’ Night Out and explore the new Bison exhibit at Heritage Park! Creepin' it Real (Oct 19) Enjoy a day of printmaking fun for all ages at NVRLND Boutique, with activities like building monster magnets and printing glow-in-the-dark linocuts. Prices range from free to $14, with plenty of hands-on crafts and chances to win prizes. Brick Roundup 2024 (Oct 19 – 20) Visit Calgary’s premier LEGO® show for an exciting weekend, with public hours on Saturday from 10:00 AM to 5:00 PM and Sunday from 10 AM to 3 PM. Please note, all minors must be accompanied by an adult.
The Bank of Canada frequently adjusts its prime interest rate, and these changes have a direct impact on mortgage rates. We aim to offer a perspective on how these adjustments influence the discounted 5-year fixed mortgage rates in Canada. By compiling key historical data, we can illustrate the peaks and trends that have shaped the current market. This analysis provides valuable insights into the connection between interest rate policies and the rates consumers experience today.
Canada offers some of the best hiking trails around the world, but it's often challenging to find time to get out in nature when you’re always busy at work. This month, we’re going to explore three hiking trails within Calgary that offer 5 kms or more of walking in nature.
Each hiking spot will provide the trail name, distance, location, map of the starting point, and key features. Even if you live downtown, a good hike is closer than you think!
Length: Up to 10 km Location: Northwest Calgary Map:Nose Hill Park
One of the largest urban parks in Canada at just over 11 km2, this park sits on top of Nose Hill and offers expansive trails with stunning views of the city and the Rocky Mountains. With its rolling hills, people describe walking through this park like walking through a prairie.
If you’re a runner, you’ll enjoy the challenge of running up and down different elevation changes throughout the park. There is also a designated off leash area for dogs, and the park is well-maintained and very clean.
Length: 6 km Location: Northwest Calgary Map:Bowmont Park
If you’re looking for a hilly walk with stunning views, you’ll enjoy Bowmont Park where you’ll find great trails and a gorgeous view of the river. Whether you’re a cyclist looking for an easy trail to ride, or you’re a dog owner who wants to unleash your dog, this park has it all. There are great views of the mountains, and you’ll even catch the occasional person fly fishing in the river.
In the winter months, you’ll spot people bird watching and enjoying the beauty of the trails.
Located at the western edge of Glenmore Reservoir, this trail system offers a mix of wetlands, forests, and open spaces. You’ll have plenty of opportunities to enjoy the view of the lake overlooking the Rocky Mountains.
At close to 600 acres, this park offers a variety of trails that take you through the beauty of nature in Calgary without having to leave the city. This is a top spot for families, hikers, and cyclists.
Currie, located in Calgary's southwest, offers a mix of modern condos, townhomes, and single-family houses, making it ideal for a range of buyers. The community is known for its green spaces like Alexandria Park and the historic Officer’s Mess Garden. There are playgrounds for kids and walking paths for those who enjoy the outdoors. Currie is also close to Mount Royal University, several top-rated schools, and major roadways, making commutes easy. With nearby restaurants, cafes, and boutique shops, everything you need is within reach. It’s a neighbourhood that’s growing while keeping its historic charm intact.
