Calgary's hot housing market spurs expansion of home search app beyond Toronto, Vancouver

New listings rose compared to the previous month, but remained 36 per cent below last year’s levels, and were at the lowest level for June in nearly two decades. Average prices experienced a slight decline, but median and benchmark prices increased by 0.59 per cent and 1.38 per cent, respectively.

Michael Carney, director of business development at HouseSigma Inc., whose smartphone application filled with housing market information was initially established in Toronto in 2018 and later expanded to Vancouver, spoke enthusiastically about the company’s recent foray into Calgary. When we see a very active market, where there's a lot of offers, there's a lot of bidding wars, having additional information can be a significant assetMeghani’s property search with HouseSigma has been relatively smooth, but she is now facing the challenges brought about by rising interest rates.

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