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Stories Tagged - Calgary Real Estate News

News

June 20, 2013 | CREBNow

Calgary's Condominiums

Having long provided an ideal entry into the Calgary housing market, making the decision to buy a condo can turn home buying dreams into reality.

Kassy Harbottle moved to Calgary last June, a self-proclaimed "quick decision-maker", she decided to purchase a home right away — her first — as opposed to renting.
News

June 20, 2013 | Cody Stuart

Secondary Suites Debate Continues

The path to legal secondary suites in Calgary may get a little easier, in some neighbourhoods.

A report released by the City's planning department is recommending changes to the way the suites are handled. City bureaucrats have suggested easing permit requirements in certain districts, such as areas within walking distance of major transit stops and postsecondary schools.
News

June 17, 2013 | CREBNow

A Sea Can for a Home

News

June 17, 2013 | CREBNow

Healthy Housing Demand

While global housing activity in early 2013 has been mixed, Canada's housing demand remains healthy said a Global Real Estate Trends report released by Scotiabank.

The report found in the majority of world markets housing conditions are "fairly steady" and average home prices relatively flat. However in countries like Asia and Latin America as well as the United States, home prices are again accelerating supported by a stronger domestic economy. In other countries, namely struggling nations of southern Europe, price declines are continuing.
News

June 17, 2013 | Donna Balzer

Dabbling in the Garden

When I saw the tomatoes flopping over in the greenhouse, I went to grab a roll of string to hold them back. On my way to find the string, I saw the wilting mint and decided I should plant it in the ground, so I went to get my favourite transplant spade. My husband admitted to leaving the spade out front in the new pumpkin patch. When I got the spade, I spotted a nest of emerging baby spiders on a hosta leaf so went indoors to get my camera. In case you're at a loss — there is definitely a lot of dabbling in garden this week.

News

June 17, 2013 | CREBNow

A Resilient Real Estate Sector

In its spring and summer newsletter, Avison Young said Calgary's commercial real estate sector remains resilient despite "growing concerns" about Alberta's future economy.

With the energy sector remaining cautious about weakening oil prices and the uncertainty surrounding the Keystone XL and Northern pipelines, as well as Alberta recording a sixth consecutive deficit this year, the newsletter says economic growth remains "decidedly positive".
News

June 17, 2013 | Cody Stuart

Spruce Up Your Home For The Summer Sales Season

While recent numbers coming out of Calgary's housing market may stress the need for buyers to act quickly when buying a house, presenting your home in the best possible light is still sound advice for sellers. In addition to seeking advice from your REALTOR®, here are a few easy and affordable tips to make your house an eye-catching piece of real estate for potential buyers when it comes to selling.

News

June 17, 2013 | Cody Stuart

Southern Comforts

Alberta is blessed with some obvious geographical advantages. To the west, the foothills and Rocky Mountains provide ample opportunity for recreation, and the prairies to the east offer plenty of lakes and rivers to enjoy. But when it comes to Calgary, suitable locations for aquatic activities can be tough to come by.

With Cranston bordering Fish Creek Park and the scenic Bow River; and Auburn Bay, it's neighbor to the east, containing its own 17-hectare freshwater lake, the two communities on Calgary's south side have essentially brought the best of Alberta into the backyards of area residents.
News

June 14, 2013 | CREBNow

Starts Climbing

As temperatures in Calgary increased in May, so did the city's housing starts.

"The trend of total housing starts increased slightly in May, due to strong construction in both the single-detached and multi-family markets," said Richard Cho, senior market analyst for Calgary with the Canada Mortgage and Housing Corporation (CMHC).

For the month of May, housing starts in the city were 11,316 units compared to 11,270 in April. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.

Jumping into the new home pool is first-time buyer Duncan Hall, 25, set to take possession of his newly constructed condo in July.

"I have rented before but found that owning is smarter in the long run," he said. "I didn't like paying someone else's mortgage when I was renting and wanted to own something that would help me in the long run."

News

June 05, 2013 | CREBNow

Confronting the Housing Crisis

Calgary Mayor Naheed Nenshi was in Vancouver representing one of 22 cities at Canada's Big City Mayors' Caucus (BCMC) May 30.

In a release, the BCMC said it is calling on its provincial, territorial and federal partners to confront the growing housing crisis across the country.

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