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.
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Category Archives: Calgary (Alberta)
Stampede partnering with CMLC to develop Victoria Park
CALGARY (660 NEWS) — Thanks to a new marketing arrangement, a redeveloped Victoria Park is easier to envision.
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Strategic Group to repurpose empty Calgary office space
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.
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Calgary luxury home prices rising: Royal LePage
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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Ghostbusters 3 to shoot in Calgary, says head of film workers’ union IATSE 212
City won’t rebuild Fairview Arena after roof collapse
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.
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Calgary condo owners, facing millions in repair bills, find out their builder isn’t who they thought it was
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.
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Calgary industrial real estate market on the upswing
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.
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Calgary apartment rental rates increase as vacancy declines
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.
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New communities offer affordability and amenities
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?”
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