Garry Rogerson: NOW Real Estate Group

Garry Rogerson: NOW Real Estate Group I am a REALTOR® that has been serving the Edmonton and area market for 20 years. I love our industr Proud to be a part of

09/24/2026

Canada Housing Could Look Very Different in 2027
Looking ahead to 2027, the landscape for Canadian housing may shift in some notable ways. As outlined by CMHC, we could see gradual improvements in the market as incomes and the economy pick up steam. While home sales are expected to bounce back, they’ll likely remain a step below the busy pace we remember from the last decade. CREA is also signaling that price growth should be modest—more of a steadying out than a dramatic climb. For those considering a move, increased inventory and softer demand in certain areas might open up more space for negotiation. As someone who navigates the residential market every day here in Alberta, I’m always watching these trends to help clients make informed decisions, whether you’re buying your first condo or looking for a family home.

09/23/2026

Canada’s Housing Market Eyes 2027 Recovery
As we head toward 2027, Canada’s housing market is beginning to show some encouraging signs. Lately, I’ve seen resales pick up, inventory level off, and prices find some much-needed stability—factors that can really help restore buyer confidence, especially as affordability and employment trends continue to improve. The big question on everyone's mind is how quickly those buyers who’ve been waiting on the sidelines will return. Many postponed their home search in the past, but with stronger savings and steady jobs, more people are getting ready to make a move. Looking ahead to 2026, the forecast suggests resales could dip about 4% to around 453,000, and benchmark prices might ease by about 2% to $794,000. Modest growth is expected to return in 2027. Borrowing costs are holding near their lows, and with the central bank expected to keep rates steady, that’s helping support the market. Of course, ongoing trade tensions and energy shocks could impact this momentum, so it’s something I’m watching closely for my clients in Alberta. The outlook calls for both sales and prices to rise across all provinces in 2027, but the recovery is expected to be steady rather than dramatic. As someone focused on residential homes and condos here in Alberta, I’m keeping a close eye on these trends so I can help buyers and sellers make informed decisions.

09/22/2026

Mortgage Rates Forecast Canada 2026-2030
Looking ahead to 2026, the outlook for mortgage rates in Canada shows stability—fixed rates may see a slight uptick, while variable rates are projected to remain steady. For about a third of borrowers, this could mean higher payments, with fixed-rate holders facing an average increase of 20%. As someone who guides clients through every step of the buying and selling process, I keep a close eye on these trends to help you stay informed and confident, whether you’re searching for a new home or considering your next move in Alberta’s residential market.

09/21/2026

Bank of Canada Holds 2.25% Key Rate
The Bank of Canada has decided to keep its key rate steady at 2.25%. This decision comes as the economy continues to recover, but rising inflation risks remain a concern. To put it in perspective, Canada’s GDP grew by 3.3% in Q2, and unemployment dipped to 6.4% in July. As someone who keeps a close eye on economic shifts impacting Alberta’s housing market, I know these factors can shape everything from mortgage rates to buyer confidence. The next rate announcement is set for October 28, 2026, when the Bank will revisit inflation and overall economic health. I’ll be watching closely, as these updates can have a real impact on those considering a move in our local market.

Statistics Canada: Investment in building construction, June 2026According to the latest Statistics Canada report, inves...
09/20/2026

Statistics Canada: Investment in building construction, June 2026
According to the latest Statistics Canada report, investment in building construction dipped by 0.5% to $23.2B in June, even though permits jumped by 18.5%. For those focused on Alberta’s residential market like I am, it’s notable that overall residential investment slipped by 0.6%. This was mainly due to fewer multi-unit projects, while single-family homes actually saw a 0.9% increase. Non-residential investment was nearly flat, down just 0.1%. As someone who specializes in residential houses and condos, I always keep an eye on these trends—they help me guide clients through the ups and downs of our local market.


https://www.housing-trends.com/agent-news/garry-rogerson/1938264-Statistics-Canada%3A-Investment-in-building-construction%2C-June

Rate cuts boost housing demand faster than supply, BoC research findsA recent Bank of Canada study confirms something we...
09/19/2026

Rate cuts boost housing demand faster than supply, BoC research finds
A recent Bank of Canada study confirms something we see often in the Alberta market: when interest rates drop, home sales pick up speed almost immediately, but new construction takes longer to catch up. This gap between surging demand and slower supply is a big reason why home prices can keep rising—even as more buyers enter the market. With unemployment still low, affordability challenges persist for many. The study suggests that focusing on policies to boost housing supply may help restore balance more effectively than relying on monetary policy alone. As someone who specializes in AB residential houses and condos, I see how these trends shape our local market every day.


https://www.housing-trends.com/agent-news/garry-rogerson/1936291-Rate-cuts-boost-housing-demand-faster-than-supply%2C-BoC-resea

Canada's housing market 'finally' moving toward recovery this year: RBCWe're starting to see signs of real momentum in C...
09/18/2026

Canada's housing market 'finally' moving toward recovery this year: RBC
We're starting to see signs of real momentum in Canada's housing market. According to RBC, home resales are rising, inventory is stabilizing, and prices are finding their footing—encouraging news for those keeping an eye on the market. While resales might dip by 3.6% this year, forecasts suggest a 6.7% increase next year, with modest price growth expected as interest rates hold steady. As someone focused on Alberta's residential homes and condos, I find these shifts promising for both buyers and sellers looking for a more balanced landscape.


https://www.housing-trends.com/agent-news/garry-rogerson/1960495-Canada%27s-housing-market-%27finally%27-moving-toward-recovery-thi

09/18/2026

WELCOME TO FULTON PLACE- - SPACE, FLEXIBILITY AND TIMELESS CHARM. This beautifully updated bungalow in the heart of Fulton Place, where thoughtful updates and a functional layout create a home that's ready for your next chapter The bright and inviting main floor offers 1100 SQ FT OF WELL DESIGNED LIVING SPACE featuring warm hardwood flooring, an updated kitchen, spacious living and dining areas, and 3 COMFORTABLE BEDROOMS. The fully finished basement significantly expands your living space with 2 ADDITIONAL BEDROOMS, a VERSATILE BONUS ROOM that's perfect for a home office, gym, playroom, hobby room, or guest space, plus a large family room that provides plenty of room for movie nights, entertaining, or relaxing with family. Step outside to enjoy the private, south-facing backyard—ideal for summer BBQs, gardening, or simply unwinding at the end of the day. A detached garage, central air conditioning, updated windows, and numerous thoughtful upgrades add comfort and convenience year-round. (id:26452)

09/17/2026

Canada Fee Cuts Could Unlock Supply
Development fees are a hot topic for anyone following Canada’s housing market, and the latest findings from our national housing agency are eye-opening. Cutting these fees could make about 14% more residential projects feasible—an important consideration as we look for ways to boost much-needed supply. The impact is especially clear in cities like Toronto and Vancouver, where removing these charges could increase viable projects by around 10%. In Toronto, that could even help meet half of the city’s stated housing supply goals.

Looking at Calgary, where I focus on residential homes and condos, development fees are noticeably lower than in Vancouver—ranging from roughly $4,000 for a one-bedroom high-rise to about $9,000 for detached homes. Compare that with Vancouver’s $20,000–$33,000 range for similar properties. Still, development fees play a crucial role in funding infrastructure like roads, sewers, and city services, so the right balance is important—not just slashing fees to zero.

Lowering fees on family-sized homes could be a practical step toward making new builds more competitive, especially in markets where larger units can cost more than resales and make it tough for families to find suitable options. As someone who works closely with buyers and sellers in Alberta, I see firsthand how these factors shape the options available to families and individuals looking for a new place to call home.

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510, 800 Broadmoor Boulevard
Sherwood Park, AB
T8H2T9

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