Rene Simpson Realty

06/10/2026

The Bank of Canada announced today that it is holding its overnight rate at 2.25%, marking another rate hold as policymakers continue to monitor inflation, economic growth, and global uncertainty.

What does this mean for real estate?
- Buyers can continue planning with greater confidence knowing borrowing costs remain stable.
- Sellers benefit from a market where buyers aren’t facing sudden increases in financing costs.
- Variable-rate mortgages and HELOCs remain unchanged, with prime lending rates holding around 4.45%.

While interest rates are only one piece of the puzzle, stability in the lending environment continues to support a balanced real estate market.

Thinking about buying, selling, or refinancing? Let’s discuss your options and create a plan that works for you.

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526 | [email protected]
renesimpsonrealty.ca

06/02/2026

May 2026 Market Update
Balanced Market Conditions Continue as Inventory Builds
May brought another increase in inventory across Calgary and surrounding communities, giving buyers more options and creating more balanced market conditions. Detached homes continue to show resilience with limited supply supporting prices, while apartment-style condos remain the most buyer-friendly segment due to elevated inventory levels.

• Calgary recorded 2,162 sales, Benchmark Price: $570,500, 3.12 months of supply.

• Airdrie saw 164 sales and 307 new listings, with inventory increasing to 519 homes. The market remains balanced with 3.16 months of supply and a benchmark price of $515,000. While prices have improved from January, they remain about 5% below last year’s levels as buyers continue to benefit from increased choice.

• Cochrane: continues to outperform many surrounding markets, recording 115 sales and 188 new listings.

• Okotoks: One of the tighter regional markets with a benchmark price of $618,900 and only 2.44 months of supply.

Buyers:
▪️ More inventory means more selection and less pressure to rush decisions
▪️ Condo and townhouse buyers continue to have the strongest negotiating power
▪️ Detached homes in desirable neighbourhoods are still attracting strong interest
Sellers:
▪️ Strategic pricing remains key in today’s market
▪️ Well-presented homes continue to stand out and sell
▪️ Buyers are more selective, making professional marketing more important than ever

Thinking about making a move in 2026? I’d be happy to help you understand what these market trends mean for your neighbourhood, property type, and goals.

Rene Simpson | Realtor®
Legacy Real Estate Services
[email protected] | renesimpsonrealty.ca | 403-901-5526

Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

05/21/2026

NEW LISTING IN AIRDRIE MEADOWS
Welcome to this beautifully updated END UNIT townhouse at #507-700 Allen Street SE offering incredible value with 4 bedrooms, 2.5 bathrooms, and backing onto green space for added privacy.

This bright and inviting home features:
- New luxury vinyl plank flooring (2026)
- Fresh paint throughout main & upper levels (2026)
- Updated windows within the past 5 years
- Partially finished basement with 4th bedroom + full bath
- Private fenced yard + composite deck + shed
- 2 assigned parking stalls in-front of unit
- Pet-friendly complex with reasonable condo fees ($372.88/month)

Perfect for first-time buyers, families, investors, or anyone looking for affordable space without sacrificing comfort or convenience. Located close to schools, parks, shopping, urgent care, genesis place, walking paths, basketball courts and everyday amenities.

#507-700 Allen Street SE, Airdrie
MLS:A2295619
Book your private showing today!

Rene Simpson | Realtor® 
Legacy Real Estate Services
403-901-5526 | [email protected]
[email protected]

justlisted

05/13/2026

NEW LISTING | CHESTERMERE EAST ACREAGES

4.15 Acres with Highway 1 Frontage + Executive 2-Storey Home in one of Chestermere’s fastest-growing areas.
280135 Township Road 242 SE, Chestermere
MLS®
Offered at $1,799,000

Property Highlights:
• 3,488 sqft executive 2-storey
• 6 Bedrooms | 5 Bathrooms
• Heated Oversized heated triple attached garage (50’ x 24’)
• Cathedral ceilings + spacious living areas
• Main floor bedroom + full bath
• 2 primary suites with ensuites
• Developed basement with wet bar + rec room
• 4.15 acres with well + septic
• Future development potential within Chestermere city limits

Ideal for multi-generational living, acreage lifestyle, or long-term investment potential.

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526
[email protected]
renesimpsonrealty.ca
Co-Listed with:

Kevin Moore | Realtor®
Legacy Real Estate Services
403-617-2846
CalgaryLand.com

05/04/2026

April 2026 Market Update
Balanced Conditions Continue with More Buyer Choice Emerging.
April saw a continued rise in inventory and listings as we move deeper into the spring market. Overall conditions remain balanced, though trends continue to vary by property type. Detached homes remain the tightest segment with limited supply supporting prices, while apartment-style condos are firmly in buyer-favouring territory due to higher inventory levels.
- Calgary, the benchmark price reached $568,800, showing a modest monthly increase, but still down approximately 3–4% compared to last year. Sales totaled 2,104 units, with inventory rising to 5,973 homes and months of supply sitting at 2.84 months, keeping the market balanced.
-Airdrie recorded 151 sales and 299 new listings, with inventory rising to 494 homes. Conditions remain balanced with 3.27 months of supply, and a benchmark price of $516,700, slightly up from last month but still lower year-over-year.
-Cochrane continues to show steady activity with a benchmark price of $569,200, while Okotoks remains one of the tighter surrounding markets with pricing at $627,600.

Buyers
▪️ More inventory = more choice, especially in condos and row homes
▪️ Increased negotiating power in higher supply segments
▪️ Detached homes in desirable areas still require strong offers

Sellers
▪️ Pricing strategically is more important than ever
▪️ Homes that show well and are marketed properly are still selling
▪️ Spring market momentum is here, but buyers are more selective

Considering a move in 2026? I’d love to help you break down what these trends mean for your specific neighbourhood and property type.

Rene Simpson | Realtor®
Legacy Real Estate Services
[email protected] | renesimpsonrealty.ca | 403-901-5526

Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

04/29/2026

The Bank of Canada has held the overnight rate at 2.25%, no change since October.

What this means:
▪️Buyers: Stability = easier planning & confidence to move forward
▪️Sellers: Consistent rates help keep buyer activity strong this spring

Prime remains at 4.45%, so no change for variable mortgages or HELOCs (Home Equity Line of Credit).

Next update: June 10th

If you’ve been waiting for the right time, this steady window could be your opportunity. Let’s chat!!

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526
[email protected]
renesimpsonrealty.ca

04/18/2026

SOLD — Over Asking

So happy to represent my amazing clients on the sale of their beautiful condo — and even better, we were able to secure over asking price!

Congratulations to my sellers on this exciting next chapter — it was a pleasure working with you every step of the way!

If you’ve been thinking about selling and want to know what your home could be worth in this market, I’d love to chat.

04/16/2026

SOLD
Representing these buyers was such a great experience from start to finish! I’m so happy we found the perfect fit, a beautiful new-build bungalow in The Vistas!

The stunning vaulted ceilings, high-end finishes, and a gourmet kitchen that truly delivers… this home was absolutely worth it.

Thank you so much for trusting me to be part of your journey it means everything!

04/10/2026

04/02/2026

March 2026 Market Update
Balanced Market — But Varying by Property Type

Balanced Market with Shifting Conditions by Property Type
March brought increased activity as we move into the spring market, with more listings and inventory coming online. Overall conditions remain balanced, though trends continue to vary depending on property type. Detached homes remain the tightest segment with limited supply supporting prices, while row homes and apartment-style condos are seeing higher inventory and more buyer-friendly conditions.

-Calgary, the benchmark price reached $565,600, slightly up from February but still over 4% below last year.
-Airdrie recorded 135 sales and 251 new listings, keeping conditions balanced with a benchmark price of $512,800.
-Cochrane remains balanced, with benchmark pricing at $561,200.
-Okotoks continues to show tighter supply, with the benchmark price at $618,100.

Buyers
▪️ More inventory means increased choice, especially in condos and row homes
▪️ Greater negotiating power in higher supply segments
▪️ Detached homes in desirable areas remain competitive

Sellers
▪️ Strategic pricing is key as inventory rises
▪️ Well-presented homes continue to stand out
▪️ Spring market activity is building with more listings coming on.

Considering a move in 2026? I’m happy to help you understand what these trends mean for your specific neighbourhood and property type.

Rene Simpson | Realtor®
Legacy Real Estate Services
[email protected] | renesimpsonrealty.ca | 403-901-5526

Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.