Three weeks into February, Calgary’s residential resale
market continues to struggle with a high level of listings of homes for sale
and soft demand.
Read more: https://bit.ly/2VdfkKL
CALGARY (660 NEWS) — Thanks to a new marketing arrangement,
a redeveloped Victoria Park is easier to envision.
Read more: https://bit.ly/2IpBI1J
Calgary-based Strategic Group has launched an aggressive
plan to repurpose under-utilized office space in the city for residential use,
as it sees future growth in this segment of its real estate portfolio.
Read more: https://bit.ly/2ShcBxS
The median price of a luxury house in Calgary increased 3.2
per cent to $2,012,676 during the 12 months ending Jan. 31, according to a
report released on Thursday by Royal LePage.
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Who you gonna call? Calgary, apparently.
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The city says it won’t be rebuilding the collapsed Fairview
Arena, leaving the community to look at what the site could be used for.
Read more: https://bit.ly/2BIWuUA
Leaky roofs, windows and walls and defective balconies — all
symptoms of the shoddy construction of four condominium buildings in northwest
Calgary, according to a civil lawsuit filed in Alberta Court of Queen’s Bench.
Read more: https://bit.ly/2GzkOfl
The Calgary industrial real estate market remains active
despite uncertainty surrounding the energy market, interest rates expectations
and politics, says a report by Cushman & Wakefield.
Read more: https://bit.ly/2DRL4y0
The vacancy rate of purpose-built apartments in Calgary
decreased by 2.4 per cent in 2018 to 3.9 per cent, according to CBRE’s
multi-family market overview.
Read more: https://bit.ly/2InyiN7
Awhile back, I saw a comment posted on Twitter by Mike
Morrison, a Calgarian who wrote, “I’m no doctor, engineer or whatever, but if
home builders are complaining about slumping sales, maybe they should, um, I
don’t know, stop building new neighbourhoods and continue to develop the ones
they already have?”
Read more: https://bit.ly/2TfntRi