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Stories Tagged - Alberta

Courtesy Qualico Communities
News

Aug. 01, 2018 | Gerald Vander Pyl

The inexact science of naming Calgary communities

When it comes to the names of Calgary communities, some honour early pioneers, others are named after the surrounding landscape and some simply sound like a nice place to live.

Pleasant Heights, Scenic Acres and Sunalta (a mash up of sunny and Alberta) sound like they could have come out of a real estate subdivision name generator. But how do developers actually come up with the names for new communities?

Cyclists have been some of the most enthusiastic supporters of Calgary’s craft breweries.
Courtesy Banded Peak Brewing
News

July 18, 2018 | Geoff Geddes

Bike and brew

Wheels are in motion for "Barley Belt" cycle path

More and more these days, people cycle to the office or pedal to the park, so why not bike to the brewery? At the moment, the lack of proper pathways is an issue, but owners of several southeast Calgary breweries are hoping the City of Calgary will pave the way to progress for their customers and staff.

Getty Images
News

July 12, 2018 | Tyler Difley

The Cowboy Trail

From north to south

The Cowboy Trail winds through the Alberta foothills, showcasing some of the most beautiful scenery our province has to offer. Along the way are many unique communities and attractions that road trippers won't want to miss.
Due to new taxes in B.C., more Albertans are expected to look within their own province for vacation properties during the rest of 2018.
Getty Images
News

June 28, 2018 | Gerald Vander Pyl

Forecasting fun

Industry reports paint positive picture for Alberta recreational property market in 2018

Two major reports on the Canadian recreational property market are forecasting a healthy market across the country and growing demand within the province of Alberta for the rest of 2018.

Royal LePage's annual survey of their recreational property specialists predicts an average price increase of 5.8 per cent for the country as a whole, but varied results in British Columbia and Alberta because of new speculation taxes in B.C.

B.C.’s new speculation tax will impact several real estate markets in the province, including Victoria, Kelowna and Metro Vancouver.
Getty Images
News

June 27, 2018 | Barb Livingstone

Up in the air

New B.C. speculation tax could prompt Albertan vacationers to look closer to home for second-property purchases

Scott Henderson has split his work time between clients in the Okanagan and those in his hometown of Calgary for the last 15 years.

Eight months ago, the marketing/communications agency owner got pre-qualified for a mortgage for a second residence in Kelowna. Then, this February, B.C.'s provincial government announced a speculation tax on out-of-province and foreign owners to discourage buy-up of housing by investors who, it claims, leave homes empty and drive up home prices. A homeowner can avoid the tax by living in, or renting out, the home half the year.

The rustic aesthetic of timber-frame and log homes is a perfect match for the natural backdrop of acreage properties.
Courtesy Moose Mountain Log Homes Inc.
News

Feb. 14, 2018 | Gerald Vander Pyl

Heritage homebuilding

Classic timber-frame and log homes are the perfect fit for many Alberta acreage properties

Attractive acreage properties lend themselves beautifully to some classic building methods: timber-frame construction and natural log homes.

Each has its own appeal, and while the homes come at a premium cost, Alberta specialty builders say the results are worth the money.

Courtesy David Dodge
News

Jan. 17, 2018 | David Dodge and Scott Rollans

Going green

10 energy-efficiency tips for the home
The provincial Residential No-Cost Energy Savings Program will supply and install — at no charge — simple products that save energy in homes such as LED light bulbs, efficient showerheads and faucets and various other components.
News

Dec. 16, 2016 | Miles Durie

The upside of carbon tax

New programs could see homeowners coming out ahead

milesIf you've been paying attention, you're aware that, starting Jan. 1, we'll be paying $1.01 more per gigajoule for natural gas to heat our homes and a few extra cents a litre to fuel our cars.

It's the provincial carbon levy, and it's inevitable.

If you're like me, you want to know what the government is going to do with the revenue.

For starters, it's setting up an agency whose goal is to reduce our utility bills, decrease emissions and save energy in general.

CHBA - UDI Calgary Region Association CEO Guy Huntingford is concerned new city charters could potential undo more than three years worth of existing work put into a new Municipal Government Act. Photo by Adrian Shellard/For CREB®Now
News

Oct. 14, 2016 | Barb Livingstone

Charting a new course

Homebuilding officials warn proposed governmental power shift could impact homebuyers in a big way

Before Calgarians step into a voting booth to elect a new city council a year from now, there could be a whole new ball game of city governance over everything from land assessments to affordable housing and even new taxing powers.

New city charters originally proposed in 2014, and only recently made available for public feedback, are intended to give new powers and responsibilities to Alberta's two largest municipalities. They may affect Calgarians on everything from residential speed limits and fines, environmental protection, integration of land-use and transportation strategies and investment to civic administrative efficiencies that stretch from council roles to establishment of bylaw tribunals.

And there will almost certainly be changes that impact the homebuilding industry, and ultimately homebuyers.

CREA expects national housing sales will decrease in 2017 once adjusted for population growth. Illustration courtesy CREA.
News

Sept. 14, 2016 | CREBNow

Alta. housing sales to finish strong, face challenges: report

CREA expects sales to struggle to maintain traction in 20016-17

MLS® sales in Alberta are expected to increase for the balance of the year due to better-than-expected activity during the second quarter and health levels heading into the third quarter, according to the Canadian Real Estate Association (CREA) in its revised 2016 forecast.

The national REALTOR® agency added, however, that the current economic climate suggests Alberta sales may struggle to maintain traction over the remainder of 2016 and into 2017.

Alberta sales activity is expected to finish the year down 8.8 per cent to 51,500 transactions - the largest decline in the country as the province's economy struggles with a sluggish energy industry.

Nationally, sales activity is forecast to rise by six per cent to 535,900 units in 2016, which is little changed from CREA's previously predicted sales increase of 6.1 per cent to 536,400 units this year. This represents a new record for annual sales.

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