Gareth Helps You Home, Re/max First

07/04/2025

It may be more prevalent in the Row or Apartment markets but I am seeing it inside certain segments of the Detached and Attached markets too.

"Supply has improved across rental, resale and new
home markets, allowing for more choice for those
considering their housing options," said Ann-Marie Lurie,
Chief Economist at aCREB®. "The additional choice
combined with no further declines in lending rates,
persistent uncertainty and concerns of price adjustments is keeping many potential purchasers on the sidelines. This is weighing on home prices, especially for apartment and row style homes.



Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

07/03/2025

This 4 bedroom home could be yours! Call me at (403) 650-0946 to schedule a showing.

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

Welcome to your dream home in Tuscany Estates-where every detail is designed for family living, effortless entertaining, and everyday luxury. With over 3,300 sq. ft. of beautifully finished space across three levels, this immaculate 4-bedroom walkout blends timeless elegance with thoughtful upgrades

07/02/2025

🤔Homeownership in Canada most affordable in three years:
RBC

Homeownership in Canada is now the most affordable it has been since 2022, according to a new report from Robert Hogue, assistant chief economist at RBC.
The bank’s aggregate affordability measure fell to 55.1 per cent in the first quarter of 2025, down from 60.7 per cent a year ago.
Lower interest rates, slight price reductions, and steady household income growth contributed to the improvement.
“Prices are still a long way from more attainable pre-pandemic levels,” Hogue said. He said the gains over the past five quarters have only reversed about one-third of the affordability lost during the pandemic.
Most major markets saw ownership costs decline, with Vancouver and Toronto posting the largest improvements. Despite that, they remain the least affordable housing markets in the country. In contrast, affordability worsened in Quebec City, Montreal, and Victoria.

Condos lead affordability gains

The improvement was strongest in the condo market. Buyers in cities such as Edmonton,
Saskatoon, Regina, Winnipeg, and Toronto have seen condo affordability return to near pre-
pandemic levels. These markets required little resetting as condo affordability held up
better during the pandemic.
Toronto's condo affordability measure is particularly noteworthy, said Hogue. After a sharp
deterioration from 2021 to 2023, recent price drops and lower borrowing costs have
brought it close to pre-pandemic levels. Vancouver and Victoria also showed progress in
condo affordability, but still have a long way to go.
Single-detached homes remain less affordable across all markets, especially in Vancouver
and Victoria, where costs remain substantially higher than before the pandemic.

Outlook for the remainder of 2025

Hogue expects that interest rate cuts, modest price declines, and continued income gains
could reverse about half of the pandemic-era affordability deterioration by the end of this
year.
However, once rates stabilize, further progress will rely entirely on income growth and
home price trends. "Any further progress gets trickier," Hogue said.

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

07/01/2025

Our true north, strong and free. Happy Canada Day!!

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

04/17/2025

Calgary's market has been slowing from a🔥Seller's Market, but values are holding here.

Canada’s housing market shows a growing regional divide in Q1 2025, with prices rising in affordable areas and softening in major metros like Toronto and Vancouver

03/18/2025

So proud of my brokerage and the RE/MAX First agents. Our culture is one of collaboration and giving back. Once again, RE/MAX First is the largest annual donor of all the RE/MAX offices in Canada. Last year we donated over $190,000 to the Children’s Miracle Network. Those donations went straight to the Alberta Children’s Hospital in Calgary to help fund the many great programs and care the hospital provides.

We are so grateful for the Re/Max First YYC team, which has again been awarded the #1 Top Giving Single Office through Children’s Miracle Network in Canada.

Giving back is part of their DNA, and to date, these hard-working agents have donated more than $2.5 million to support kids and families who rely on the Alberta Children's Hospital.

And a BIG thank you to ALL RE/MAX agents who work so hard to help kids heal. ❤️

Children's Miracle Network Canada RE/MAX Canada

03/09/2025

🕐️Don't fall behind, spring ahead. Set your clocks one hour ahead before you go to bed🕑️

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

03/08/2025

Today is a day to recognize the accomplishments of women and the need for gender equality✊

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

03/01/2025

3 generation households are more common than you might think🤔

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

Find out some of the most desired qualities of the multigenerational home and the mistakes to avoid when bringing more family members under one roof.

02/14/2025

♥️ May your heart be filled with love ❤️

Best wishes,

Gareth Morris, REALTOR®
RE/MAX First

11/11/2024

I always find this to be a sobering day, where all my problems diminish to nothing in comparison to what others have gone through in the name of rights, freedoms, and the fight against tyranny.

11/01/2024