There are more empty buildings in Calgary’s downtown than anywhere else in Canada as vacancy rates reach an all-time high, according to a regional managing director of a major real estate broker.

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A new study highlights the city’s top neighbourhoods offering buyers best value for their dollar compared with renting, and Abbeydale in the northwest tops the list.

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Sales and price growth are moderating across the country, but active listings are also falling, meaning competition for homes among buyers will likely continue to be strong, a new report shows.

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The City of Calgary recently announced it will grant the owners of downtown office buildings $75 per square foot, up to a maximum of $10 million per property, to convert them to residential. If you do the math that means to get the full $75 per square foot, the building size could only be up to 135,000 square feet. If the building is larger, say 250,000 square feet, the subsidy is only $38 per square foot, and it shrinks further as the building gets even larger.

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Federal election day has come and gone. Now that the dust has settled – with the exception of a few hotly contested ridings where final votes are still being counted – we know that Justin Trudeau’s Liberals will be returning to the House of Commons with another minority government.

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New polling shows Calgary’s mayoral race is tightening with significant gains posted by two city councillors with just 25 days remaining until election day.

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Housing starts in the Calgary region were significantly higher in August compared with a year ago, says a new report released Thursday by Canada Housing and Mortgage Corporation.

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According to the latest ManpowerGroup Employment Outlook Survey, Calgary area employers expect a favourable hiring climate for the fourth quarter of 2021.

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CALGARY – Several Sunnyside residents who live along 5A St. NW are fed up with drivers speeding and cutting through their neighbourhood, to avoid Memorial Drive back-ups.

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Calgary is the most affordable real estate market of major cities in Canada, while being the lowest risk for overheated prices, a new report has found.

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