Deborah Yedlin, the new President and CEO of the Calgary Chamber of Commerce, says her first, and only, home purchase had quite the history.

To this day, whenever Hyder Hassan comes across a Subaru WRX STI sedan, he's reminded of the very first home he ever purchased.

Sound transmission class (STC) is the rating system used to measure a partition wall's ability to reduce the effect of airborne sound. A higher STC rating means less sound will make its way through the partition wall – sometimes called a party wall, common wall or shared wall – creating a quieter living space.

For many people, buying a first home is an exciting, but stressful, experience. CREB®Now spoke with a few members of Calgary's business community to find out what it was like making that first big investment in their lives.

With the options for some first-time homebuyers growing more restricted, buyers are waiting a little longer or spending a little more to find the home of their dreams.

According to a new report from BMO, first time homebuyers in Calgary were more willing to increase their budget than anywhere else in Canada with 54 per cent of Calgarians prepared to spend more. As a result, buyers are also expanding their search to include a greater range of properties.