The pandemic was supposed to freeze up the real estate market, but it’s turned out to be the opposite, sparking a number of buyer trends, including demand for more space that has shown interest in less urban locales, a new survey shows.
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Sky-high lumber prices may not be making builders happy but it is good news for Alberta’s forestry industry.
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Calgary’s downtown needs an immediate $200-million investment and a 10-year plan to inject $1 billion into the city’s ailing core, according to city officials.
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For decades Calgary’s new communities have been criticized for being a sea of cookie-cutter homes that all look the same. In the 1960s it was Kelvin Grove, in the ‘70s it was Canyon Meadows, in the ‘80s it was Midnapore and Scenic Acres in the ‘90s. Today it is new communities like Skyview Ranch in the northeast or Walden or Legacy in the deep south that face the comments.
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Prior to COVID-19, the economic challenges in our city created an environment of weak resale housing demand. When adjusting sales relative to the population from 2018-19, it was the slowest sales per capita on record. Over this same period, the housing market was struggling with excess supply and declining prices.
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Calgary’s real estate market may be hot with fast-rising sales, but so are its outlying communities, recent figures show.
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The 2021 municipal census has counted 15,569 people in 5,669 homes across the Regional Municipality of Wood Buffalo as of Friday.
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Airdrie City Council recently discussed connecting a pathway that already exists in Airdrie to another set of already existing pathway on the north end of Calgary.
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St. Albert could launch a $5-million program as early as this fall to let residents give their homes green makeovers for no money down.
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City utility officials sunk the ceremonial shovel into natural gas-fired power plant expansion on April 22 – Earth Day – noting it would be best-in-class for emission control, but also that they are exploring the potential to use zero-emission hydrogen to generate power in the future.
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