Calgary seniors are increasingly reluctant sellers, but many could be listing their homes in the coming years as the first generation of the baby boomers reaches their late 80s, a new report forecasts.
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Category Archives: Calgary (Alberta)
Calgary sees jump in income required to qualify for mortgage
Calgary’s homebuyers saw the second highest rise among major cities in October for the income needed to qualify for a mortgage to purchase the average priced home, a new study shows. Ratehub.ca released its monthly report showing the amount of income required to qualify with a 20 per cent down payment for a mortgage for the average priced Calgary home in October increased $300 from September.
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Edmonton, Calgary are clean technology cities to watch in North America, report says
Edmonton is a North American leader when it comes to attracting clean technology investment and innovation.
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Richmond residents wary of development proposal for Viscount Bennett High School site
Residents of Richmond in southwest Calgary are worried their concerns won’t be heard about a high-density housing proposal that is slated to replace the dilapidated Viscount Bennett High School building.
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Calgarians encouraged to support local businesses as construction grips Marda Loop
With the holiday season quickly approaching, city officials are encouraging Calgarians to do their shopping at local businesses this year.
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Parker: Stoney Industrial Park lots brought to market
A private Calgary family, owners of JEC Enterprises, acquired 185 acres of land within the city boundaries over 25 years ago. The prime piece of real estate has now been brought to market through Lee & Associates as fully serviced industrial land located in Stoney off Country Hills Blvd. and Deerfoot Trail.
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Calgary ranks middling among Canadians cities for being gen Z-friendly
Living in Calgary is not as easy as it is in many other cities in Canada for generation Zs, a new survey has found. The city ranked 26th among 50 cities in a new study by Point2Homes, ranking the metropolitan areas as the most ‘gen Z ready,’ based on housing affordability, cost of living, work-life balance and perceived mental health among other metrics.
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Calgary and Area Commercial and Industrial Real Estate
While Calgary’s commercial office real estate market has continued to be challenged in the past few years since the outbreak of the pandemic, the industrial side of the real estate market remains strong.
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David Parker: Minto to develop former Viscount Bennett lands
The former Viscount Bennett High School site — that has been such an eyesore for the neighbourhood and travellers along Crowchild Trail for so long — is in the planning stages to be transformed into multi-residential buildings that will connect with the existing community.
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Calgary budget: City council approves 7.8% tax hike in 2024
Average Calgary homeowners can expect a $16 monthly increase on their property tax bill next year, after city council approved the 2024 budget adjustments on Wednesday.
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