Is Calgary well-positioned for the transitioning economy? Hear the latest insights into Calgary's future in a changing world on Oct. 19 at Calgary Economic Development’s 2023 Economic Outlook event.

ATB Financial vice-president and chief economist Todd Hirsch says Alberta’s economy can’t rely on its traditional strengths as it tries to rebuild in the wake of the COVID-19 pandemic.

Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.

Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.