December 2024 - Calgary Real Estate Update

by Justin Newman

 

This month’s newsletter features resources covering all aspects of health care in the city. Whether you're looking for a family doctor or you need urgent care, you’ll find official links for quick and accurate information.

In real estate news, the Canadian government has once again announced changes to mortgage rules. And if you're using a property for Airbnb, be sure to review a new rule change that could significantly cost you money when you sell your property.

And finally, with the holiday season fast approaching, we explore the history of holiday lights, from simple candles to modern outdoor projection systems.

Enjoy the newsletter and reach out to me with any questions!

Justin Newman
Mobile: 403-969-5542
Office: 403-668-1272
✉  justin@happyhousehunting.ca
www.happyhousehunting.ca

Supply on the rise, but not across all price ranges

As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month. The significant shift lies in supply. Inventory levels rose to 4,352 units in November, a notable increase from the 3,000 units reported last year...READ MORE

Home prices climb across Calgary’s outlying communities – Calgary Herald
Home sales, prices grow modestly as supply increases in... – Calgary Herald
Calgary's October home sales flat over 2023, but supply for lower-priced... – CBC

Once Upon A Christmas (Dec 7 – 22)
Step into the magic of Christmas at Heritage Park’s beloved holiday tradition. Enjoy wagon rides, carolers, Santa visits, and a festive market in a charming winter wonderland!
Grinch Tree Workshop (Dec 13)
Create your own Grinch-inspired Christmas tree! Perfect for all skill levels, with expert guidance and all materials provided, it’s a fun and festive event for everyone.
Santa's Holiday Brunch (until Dec 15)
Join Santa's Holiday Brunch at Granary Road every Saturday and Sundays, for a magical morning of delicious breakfast treats and festive fun. Enjoy a hot chocolate bar, a Christmas market, Santa photos, workshops, and more!
The Polar Express™ Train Ride (until Dec 24)
All aboard The Polar Express™ for a magical trip to the North Pole with hot chocolate, cookies, and festive fun. Meet Santa and take home a special sleigh bell to remember the journey!
Santa’s Enchanted Forest (until Dec 24)
Visit the Enchanted Forest for a magical journey to Santa and professional holiday photos. Book your appointment to create cherished memories!
Holidays at Deerfoot City (until Dec 24)
Celebrate the holidays at Deerfoot City with festive fun at Santa’s Chalet. Enjoy Santa photos, sleigh rides, crafts, films, and more, plus gift wrapping by donation to support Kids Up Front Calgary!
Calgary Zoo: ZOOLIGHTS (until Jan 5)
Experience the magic of ZOOLIGHTS, where dazzling lights, festive fun, and winter activities create unforgettable holiday memories. Don’t miss the city’s favorite sparkling tradition!
Lions Festival of Lights (until Jan 8)
Drive or walk through a spectacular display of holiday lights at Confederation Park.

New tax rules require reporting all rental income, collecting GST/HST over $30,000, and keeping detailed records. Capital gains may apply if selling a property that’s been rented.

Canada increased the insured mortgage cap from $1 million to $1.5 million, allowing buyers to qualify for insured mortgages with less than 20% down payment on higher-priced homes.

The stress test requirement has been removed for uninsured mortgage renewals, allowing borrowers to switch lenders without requalification, enhancing flexibility and competition.

Whether you’re new to Calgary or have called it home for years, navigating the local healthcare system can be crucial. This guide provides a clear overview of essential healthcare services in Calgary, so you’re prepared to access the care you need with ease.

Family Doctors
Establishing a relationship with a family doctor is crucial for ongoing health management and specialist referrals. In Alberta, the Alberta Find a Doctor website assists residents in locating family physicians accepting new patients.

Walk-In Clinics
Walk-in clinics offer care for non-emergency issues without the need for appointments. Many clinics in Calgary provide extended hours to accommodate various schedules. Contact the Alberta Health Services directory to find nearby clinics.

Urgent Care
Urgent care centres in Calgary provide immediate attention for non-life-threatening conditions. These centres often operate during extended hours, offering an alternative to emergency departments for urgent health concerns. For more information, visit Alberta Health Services.

Emergency Care
For serious or life-threatening emergencies, proceed to the nearest hospital emergency department or call 911. Facilities like the Foothills Medical Centre are equipped to handle critical situations. Alberta Health Services lists all emergency care departments within 100 km of Calgary.

Telephone & Video Healthcare
Virtual care options are available for situations where in-person visits aren't feasible. Health Link Alberta offers 24/7 nurse advice and general health information. You can also call 811 directly.

Specialists
Access to specialist care typically requires a referral from a family doctor or walk-in clinic. Calgary boasts a wide network of specialists across various fields. To find a specialist, you can check the College of Physicians & Surgeons of Alberta directory.

Access to quality healthcare is a vital part of feeling at home in Calgary. Save this guide for future reference and take comfort in knowing that comprehensive healthcare services are available to support your well-being in this vibrant community.

Nestled just minutes from downtown Calgary, West Hillhurst is a sought-after neighbourhood blending character and convenience. Housing options range from 1950s bungalows to sleek new infills and townhomes, offering choices for every lifestyle. Residents love the proximity to the Bow River pathways, making it easy to bike, run, or walk along scenic trails. 

The community features the popular West Hillhurst Community Centre, complete with fitness programs, tennis courts, and an ice rink. Families are drawn to top-rated schools like Queen Elizabeth School and Hillhurst School. Specialty shops and local gems like Vintage Caffeine Co. add to its charm, making it a favorite for families and professionals alike.

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Justin Newman

License ID: 00540392

+1(403) 969-5542

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