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Stories Tagged - Economy

News

Dec. 04, 2019 | CREBNow

November 2019: Calgary housing market still favours the buyer

Year-to-date residential sales in the city remain just above last year's levels due to improvements in the attached sector so far this year.

However, November sales activity eased over last year's levels, mostly due to pullbacks in the apartment sector.

Getty Images
News

Nov. 13, 2019 | Barb Livingstone

Alberta's recreational property market could offer attractive opportunities for buyers this winter

Alberta's recreational property market will likely be soft this winter, creating opportunities for prospective buyers.

Elton Ash, regional vice-president for RE/MAX Western Canada, says older buyers have been the recreational market's strength for years, but millennials are growing in purchase numbers.

Courtesy City of Calgary
News

Nov. 20, 2019 | Geoff Geddes

Area residents, businesses rejoice as new Southwest BRT nears completion

It has been quite a ride for some of those affected by the construction of the Southwest Bus Rapid Transit (BRT), so the project's impending completion comes as good news for more than just riders.

News

Nov. 06, 2019 | CREBNow

October 2019: Homes under $500,000 moving to more balanced conditions

Sales activity in October improved by nearly 10 per cent compared to last year, driven mostly by improvements for apartment and attached product.

Courtesy Hon Developments
News

Oct. 02, 2019 | Mario Toneguzzi

Despite oversupply, Calgary new-build condo market is moving in the right direction

For the past couple years, the Calgary condo market has been plagued by elevated inventory, but there has been some improvement in that area over the past year.

Let's look at some key stats that have defined the condo market so far this year in Calgary.

News

Oct. 02, 2019 | CREBNow

September 2019: Shifting to stability

For the third consecutive month, sales activity improved over last year's figures, and year-over-year new listings and inventories eased. This trend will help support more stability in the housing market.

News

Sept. 04, 2019 | CREBNow

August 2019: Sales activity increase led by lower-priced homes

Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000.

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News

Sept. 18, 2019 | Mario Toneguzzi

Building value: Renovations remain a popular investment and economic boon across Canada

Home renovations are now a multi-billion-dollar industry in Canada, with a domino economic impact for various related businesses.

News

July 31, 2019 | CREBNow

Calgary Mid-Year Housing Market Outlook

Highlighting key Calgary-and-area housing market and economic data from the first half of 2019, while looking ahead to what the rest of the year might hold.

Courtesy Airdrie Economic Development
News

July 10, 2019 | Gerald Vander Pyl

Q&A: Kent Rupert, Airdrie Economic Development team leader

Kent Rupert, team leader with Airdrie Economic Development, discusses the economic situation in Airdrie, the city's 10-year economic strategy, the most recent census and more.

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