UPSIDE RISK TO THE FORECAST:

Government support and the low interest rate environment may be enough to prevent any substantial rise in supply levels. If supply levels remain relatively low, prices could continue to trend up at a faster pace throughout the year.

The foundation of a home is the basis of the entire structure. Just like a strong foundation can make a happy relationship, a strong foundation beneath your home will keep it standing strong for many years.

The whistle stops, Randy Chevrier will readily acknowledge, had become something of a blur.

Big places, small places, exotic places and so-so places. Across the U.S., back home to Canada and even to Europe. From Jacksonville, Fla.; to Cincinnati, Ohio; to Dallas, Texas; to Barcelona, Spain; to Edmonton; and then to New York.

Ongoing economic challenges, shrinking population growth and a pandemic that won't go away add up to a downtown Calgary office market facing critical vacancy rates.

One solution is adaptive reuse: the conversion of vacant office space into residential projects. The University of Calgary's School of Public Policy recently published a research paper exploring the challenges and opportunities surrounding adaptive reuse and how it could make a major difference in the city's downtown core.

January sales were the highest they have been for the month since 2014, as housing market momentum from the end of 2020 carried over into the start of 2021.

Historically low interest rates are helping boost the residential real estate market in Calgary and across the country, with the trend expected to continue throughout 2021.

At the end of 2020, the Pantone Colour Institute announced its 2021 Colour(s) of the Year: Ultimate Gray (17-5104) and Illuminating (13-0647), "A marriage of color conveying a message of strength and hopefulness that is both enduring and uplifting."

While downtown Calgary struggles with an office vacancy rate nearing 30 per cent, a unique "campus" development in the heart of the Beltline is seeing success.