CALGARY — Short-term year-over-year price growth expectations for the Calgary resale housing market are between five and 6.9 per cent, according to the Conference Board of Canada.
Read more: http://tinyurl.com/lwzz9ge
Monthly Archives: May 2013
IS REAL ESTATE EVER A WISE INVESTMENT FOR RETIREES?
At one point in my life you might have heard me say something like, “I’ve probably made more money in real estate by accident than I have in the market on purpose.” For many years, you could buy good-quality property, as much as you could afford, and you were almost guaranteed to make money. That ended in 2008. Now folks are looking for bargains, hoping to profit from the crash.
Read more: http://tinyurl.com/ljpqwen
Council balks at tax increase
Strathcona County council was strict with its direction to administration at a budget meeting on Wednesday, May 29: keep service levels the same without increasing taxes.
The meeting, which marked the second gathering of council to discuss the 2014 Business Plan and Budget, included a presentation from administration for possible revenue increases in 2014.
Read more: http://tinyurl.com/mg798ke
Council OK’s land use bylaw
Despite a few “friendly amendments,” council unanimously approved the new land-use bylaw at Tuesday night’s regular council meeting.
Bylaw C10-13, has been presented to council multiple times over the last few months, but it wasn’t until this week that city council felt comfortable enough with the document to fully adopt it.
Read more: http://tinyurl.com/lc4pvr8
Goodbye Wild Rose, hello Banff-Airdrie
Changes announced by the federal electoral boundary commission means the riding of Wild Rose will soon cease to exist.
Effective the next national election Cochrane will be part of the new Banff-Airdrie riding, it was announced last week. The redrawing of federal electoral boundaries in Alberta has split off the northern portion of the Wild Rose constituency into a new riding to form the new Red Deer-Mountain View.
Read more: http://tinyurl.com/mg6vahq
Maple Creek health facility begins to take shape
Construction of the new health facility in Maple Creek is attracting attention as it starts to look more like a building than just a construction site.
Read more: http://tinyurl.com/o8yjre3
Buzz grows in Calgary over urban beekeeping
Calgary is all abuzz over an eco food trend that’s blossoming in places such as Vancouver, New York and Los Angeles.
Over the past few years, urban beekeeping has grown from a fad into a global phenomenon.
Read more: http://tinyurl.com/pl7t5sd
Canadian Oil Sands donates $3 million for Calgary Stampede development
CALGARY — Canadian Oil Sands Limited is donating $3 million to the Calgary Stampede to support the transformation of 30 acres of land into an inner-city park.
Read more: http://tinyurl.com/ow9rtof
RBC, CIBC round out strong second-quarter earnings season for Canada’s big banks
TORONTO – The Canadian banking sector wrapped up its second-quarter earnings season Thursday with substantially higher profits reported by Royal and CIBC.
Read more: http://tinyurl.com/os7qm6f
May a record month for Calgary real estate?
As we approach the end of May, it looks like Calgary’s resale real estate market could be setting a couple of records.
According to the Calgary Real Estate Board, month-to-date until May 29, the average MLS sale price for a single-family home is $523,071, up 3.74 per cent from the same period a year ago.
Read more: http://tinyurl.com/o8bcvzo