Whatever “new normal” is coming, the COVID-19 pandemic has reshaped many aspects of the real estate industry in Calgary and across Canada. From changes to the way homes are built, bought and sold, to shifts in buyer priorities and the economic forces at play, it’s been a wild ride for REALTORS®, builders, homebuyers and everyone in between.
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The Alberta government is open to helping fund portions of the City of Calgary’s long-term plan to revitalize its ailing downtown, Jobs Minister Doug Schweitzer said Wednesday.
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A capital project at Calgary’s Rockyview Hospital will create more space for patients needing intensive care while boosting the size of the facility’s gastrointestinal clinic.
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Construction is officially underway on the $500-million BMO Centre expansion, one of several major projects set to open in Calgary over the next decade.
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After a tough 2020, both Calgary and Edmonton can look forward to economic growth this year, according to a report released Tuesday by the Conference Board of Canada.
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City council approved a new plan Monday to stop downtown Calgary’s decline.
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The outpouring of care and concern for the hard-working Shim family is proof positive that the warmth of the people of this city is not reflected by the icy bureaucracy at Calgary City Hall.
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Prior to COVID-19, the economic challenges in our city created an environment of weak resale housing demand. When adjusting sales relative to the population from 2018-19, it was the slowest sales per capita on record. Over this same period, the housing market was struggling with excess supply and declining prices.
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For decades Calgary’s new communities have been criticized for being a sea of cookie-cutter homes that all look the same. In the 1960s it was Kelvin Grove, in the ‘70s it was Canyon Meadows, in the ‘80s it was Midnapore and Scenic Acres in the ‘90s. Today it is new communities like Skyview Ranch in the northeast or Walden or Legacy in the deep south that face the comments.
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Calgary’s downtown needs an immediate $200-million investment and a 10-year plan to inject $1 billion into the city’s ailing core, according to city officials.
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