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Stories Tagged - Calgary

News

Jan. 06, 2015 | CREBNow

In photos: Summer city

It's a snowy start to the New Year in Calgary.

As the snowflakes fall today, we at CREBNow thought we'd share a few images from summer in the city to warm you up on this chilly day.

News

Jan. 05, 2015 | CREBNow

2015 assessment notices mailed

It's a busy mail day for the City of Calgary as they're mailing more than half a million property and business assessment notices.

Today also marks the start of a 60-day customer review period.

"We are committed to delivering fair and equitable assessments and encourage all property and business owners to carefully review their assessment and contact us during the customer review period if you have any questions of concerns," said Nelson Karpa, director and assessor with the City.
Local researchers are pointing to a new international study that has found a connection between obesity and urban geography – in particular as it relates to living in high-rise apartments. CREB®Now file photo
News

Dec. 30, 2014 | CREBNow

By the numbers: Calgary in 2014

28.7%: In February, condo apartment sales increased 28.7 per cent over January

10: The Provincial government promises 10 new schools for Calgary suburbs

28,017: Net migration to Calgary in 2014, according to the 2014 Civic Census, was 28,017 additional residents

2,242: Auburn Bay saw the most additional residents with 2,242 according to the Civic Census
News

Dec. 23, 2014 | CREBNow

2014: The year in commercial

A 'fantastic' year for Calgary businesses despite dropping energy prices

Despite plummeting oil prices, commercial activity in Calgary remained robust throughout 2014, creating what many industry analysts are calling one of the most competitive markets in Canada heading into the new year.

"I think it's been a fantastic year despite the last quarter of the challenging energy prices. We had some great revenue streams that were available for the first three quarters of the year," said Calgary Chamber president and CEO Adam Legge.

"Building projects are strong. You see some of the new towers going up in the downtown. You've got a lot of major infrastructure projects.

News

Dec. 23, 2014 | CREBNow

2014: The year in secondary suites

Low vacancy rates, high absorption rates in the resale condo sectors and dwindling supply in the single-family market vaulted secondary suites into the spotlight in 2014.

The issue culminated in mid-December with an 8-7 vote by city council against approval reforms – which prompted Mayor Naheed Nenshi to declare he'd leave the room during future secondary suites debates until it came time to vote. Ward 7 Coun. Druh Farrell likened the entire process to "giving birth to a chair."

The latest framework would have established a discretionary development permit process for suites where they were currently not allowed, as well as furthered public consultation with Calgarians to fully develop regulations moving forward.
News

Dec. 23, 2014 | Cody Stuart

2014: The year in condos

Calgary's tight rental market, combined with low mortgage rates and relative affordability, supported record growth in the city's resale condominium sector in 2014.

Combined condo (apartment and townhome) sales up to the end of November increased 19 per cent to 8,105 units, compared with 6,782 units during the same period the year prior, according to CREB®.

The all-time sales record for condo sales was set in 2006, when 8,390 homes changed hands.

"In addition to lifestyle preferences, condominiums appeal to those looking for more affordable ownership options," said CREB® chief economist Ann-Marie Lurie, who originally forecasted 7,641 combined condo sales in 2014.
News

Dec. 23, 2014 | CREBNow

2014: The year in luxury

Calgary's luxury resale residential housing market continued to fire on all cylinders in 2014, according to new numbers from CREB®.

Year-to-date home sales priced over $1 million increased 18 per cent to 812 from 688 as of the end of November compared to the same period in 2013. Of those, six were sales in excess of $4 million.

With one month to go, the total already surpasses the record for the most million-dollar-plus sales in a year, consecutively set over the previous two years with 732 and 544 homes sold in 2013 and 2012, respectively.
News

Dec. 23, 2014 | CREBNow

2014 in review: The year in Calgary

Despite declining oil prices, city sees record in-migration, condo sales

You could almost say 2014 was a banner year for Calgary.

Almost.

The city welcomed a record number of newcomers, with the addition of 38,508 residents elevating the total population to almost 1.2 million.

Sales activity in the condo sector came close to, and might have even broken, records.

And the long-awaited Bill 9 Condominium Act passed, providing more protection for condo owners.

"It was a good year," said Mayor Naheed Nenshi. "Now, toward the very end of the year, we're certainly starting to see some economic headwinds."
News

Dec. 23, 2014 | CREBNow

Tree-cycling in Calgary

Christmas Tree Recycling Program makes for a greener holiday season

Calgary's annual Tree Recycling program sees your Christmas conifer re-purposed into mulch instead of a landfill landmark.

"Last year we kept approximately 35,000 trees out of the landfill," said Darcy Cairns, superintendent of programs for Waste and Recycling Services with the City. "It's easy to participate - we collect trees from homes and there are also eight drop off locations to bring your trees to. The great thin is that the trees are turned into mulch that residents can use for gardening and landscaping afterwards."
News

Dec. 19, 2014 | CREBNow

In photos: Historic architecture

There are more than 750 evaluated historic resources in Calgary.

There are more than 50 buildings provincially recognized as heritage places.

Here's a few images from some of Calgary's most recognized historic buildings.

Share your favourite in the comments section below.

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