New multi-family home sales in Calgary of 750 in the fourth quarter of 2019 were down three per cent from the previous quarter and 10 per cent lower year-over-year, a real estate research firm reports.
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Category Archives: Calgary (Alberta)
Positive signals: Royal LePage survey finds 2019 ends with strengthening prices
Housing prices in the city declined in 2019, but the second half of the year saw growing strength in the city’s real estate market.
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5 things: housing metrics that matter from CREB’s 2020 forecast
Calgary’s housing market is forecast to move closer to balance in 2020, after largely favouring buyers following the downturn that began more than five years ago.
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City could spend $30 million on tax relief for businesses in 2020
City council could spend another $30 million on tax relief for Calgary’s beleaguered business sector as part of a proposal calling for a 10 per cent cap on hikes to non-residential property taxes in 2020.
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Calls for Calgary rent control
CALGARY — Calgarian Anne Landry says it’s tough enough to pay the rent, even worse when, like a lot of Calgarians, she doesn’t know what her rent will be.
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Calgary downtown office vacancy hits “staggering” 27%
Calgary’s downtown office market hit a “staggering” 27.2 per cent vacancy rate in the fourth quarter of 2019, according to a report by commercial real estate firm CBRE.
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Office vacancy rates decline in Calgary suburban market
The office vacancy rates in Calgary’s suburban and Beltline markets are falling.
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Calgary luxury real estate sales drop 13% in 2019
Following a fragile market in 2018, the prospect for recovery in the City of Calgary’s $1 million-plus real estate market was tenuous in 2019, according to a report released Wednesday by Sotheby’s International Realty Canada.
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Calgary/Edmonton home prices feel impact of economy
The impact of the oil price collapse which began in late 2014 continues to be felt in the Calgary and Edmonton housing markets as prices for homes have fallen substantially from five years ago.
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Calgary and Edmonton see increases in apartment rents
Average apartment rental rates in the Calgary and Edmonton regions have risen in the past year, according to a new report released Wednesday by Canada Mortgage and Housing Corporation.
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