Mid-year forecast calling for more supply, added choices

Mario DeMarco thought he was prepared for anything after deciding to become a first-time homeowner.

The 25-year-old Calgarian has spent the past two years saving for a down payment, and was recently promoted at work, giving him the financial stability to purchase his own place – ideally a condo in the Beltline.

Today Calgary Economic Development and Calgary Chamber held a Business Recovery Task Force Commemoration sharing stories from local businesses impacted by 2013 flooding.

Also released at the event was an Emergency Business Contact Database to help facilitate communication and collaboration between the Calgary Emergency Management Agency (CEMA) and the business community during emergencies such as natural disasters.

The City released the 2014 Civic Census results yesterday. Mayor Naheed Nenshi announced Calgary had its biggest year of growth ever increasing by 38,508 residents to 1,195,194 total.

Here's a few of the things the mayor had to say about the census:

"Calgary experienced this year, its greatest single year of growth in population, as a matter of fact in my time in this job we have experienced three of our four largest years of population growth."

Brokerage supports program helping Calgarians graduate high school 

There can be many stumbling blocks to choosing the right home: finding the right location, amenities and availability, to name a few.

Yet for many Calgarians, the first step to buying a home comes not with securing a mortgage, but with securing an education. 

West Village plans cast future of downtown core into spotlight

Construction cranes that dot the east downtown skyline are providing Calgarians a not-too distant
vision of what the city's core might soon look like.

Yet industry experts suggest future plans in the underdeveloped West Village will provide a better understanding of what's really in store in the heart of Calgary.

City releases Bicycle Count report

Calgarians love their bicycles, and the City has the numbers to prove it.

Released as part of the City of Calgary's first ever official bike count, data collected by the city
showed over 19,000 cyclists passed by one of 51 collection points during two six-hour periods (6:30-9:30 a.m. and 3:30-6:30 p.m.) in May, June and July.

Calgary seniors have a new option for affordable living in the historic community of Inglewood.

Inglewood House is a three-story, 43-unit complex, said a release from Canada Mortgage and Housing Corporation (CMHC), complete with 10 studio and 33 one-bedroom apartments, five of which are barrier free. The project was a joint effort of the Governments of Canada and Alberta.

Calgary's million dollar market continues to shatter records

Just one month after setting the all-time record for luxury sales, Calgary's million dollar homes market has once again set a new mark.

June saw 104 sales of homes priced at $1 million or more, topping the previous record of 94 million-dollar plus sales, set in May. Prior to that, the previous record was 83, set in May 2013.