Posts

Calgary housing starts decline in April (Calgary)

New homes activity in Calgary continued to trend downward in April with starts decreasing for all housing types. Canada Mortgage and Housing Corp. statistics from last month show the city’s 1,257 starts marked a downturn of almost 60 per cent year over year.       Read more: https://tinyurl.com/244jvbdb  

'There's nothing unhealthy about the Alberta (homes) market now' (Alberta)

The busy spring market has not been as frantic as those of recent past in Edmonton’s resale real estate market, but the recent pause in demand is likely good news for sustainable sales and price growth in the future, realtors note.       Read more: https://tinyurl.com/4cu8b9uw  

More homes now selling at or below list price (Calgary)

Calgary’s resale real estate market is not too hot or too cold, but whether market exhibits Goldilocks conditions depends on whether you’re buying or selling.       Read more: https://tinyurl.com/4ce339pv  

Canada’s largest markets could be at inflection point for recovery (Canada)

Resale real estate saw flat month-over-month activity in April, though some of Canada’s largest markets may be reversing their downward trajectories. An RBC Economics report pointed to Toronto experiencing a six per cent increase in resales in April from March. Year over year, sales grew seven per cent. That led RBC to suggest that Toronto and other large Ontario markets like Hamilton “could be finally turning around.”     Read more: https://tinyurl.com/bdzn3atv  

Garry Marr: Why selling your 'used' home is harder than ever (Canada)

I have a “used” house. At least that’s what a friend with an affinity for new properties calls my approximately 40-year-old home.       Read more: https://tinyurl.com/3bzccase    

VIDEO: Why Canada’s Economy Is More Resilient Than You Think (Canada)

Calgary economist and author Todd Hirsch says Canadians are more resilient than they may realize, despite growing anxiety over economic uncertainty, political instability and relentless negative news cycles.       Read more: https://tinyurl.com/4vuyt5kv  

New colossal $570-million plant in the works just outside Edmonton (Fort Sask/Sherwood Park)

The oil and gas sector in Alberta continues to chug along, with a massive new plant announced just outside of Edmonton to the tune of $570 million.       Read more: https://tinyurl.com/cujfx3hm    

County releases 2025 annual report (Grande Prairie)

County of Grande Prairie has released numerous statistics as part of their 2025 annual report.         Read more: https://tinyurl.com/yenybmat       

New substation construction begins next week (Medicine Hat)

Construction on a new $22-million substation in the city’s southwest is set to begin Monday, and increased construction traffic is anticipated in the area.   Read more: https://tinyurl.com/y7v5zavv  

Interest-only loans hit eight-year high fuelled by property investors (Australia)

Interest-only lending for Australian home loans has hit an eight-year high of over a fifth of total lending commitments, mostly fuelled by a surge of investors.     Read more: https://tinyurl.com/4w2njkhy     

Toronto, Calgary among cities becoming less reliant on U.S. trade: report (Canada)

A small group of cities across the country drove Canada’s progress on diversifying trade in 2025, while others fell behind, says a new report from the Canadian Chamber of Commerce.   Read more: https://tinyurl.com/mv8p4xun  

'A park for everyone': The Confluence site concept plan aims to overhaul 42-acre parkland (Calgary)

Officials from The Confluence Historic Site and Parkland unveiled an ambitious, 20-year plan Wednesday to transform the birthplace of modern Calgary.   Read more: https://tinyurl.com/3xu4nrpd  

Opinion: Downtown Edmonton is turning a corner — now comes the hard part (Edmonton)

There’s a tendency in conversations about downtown Edmonton to dwell on what’s missing. But the data tells a far more constructive story. Quietly and steadily, billions of dollars have flowed into the core, reshaping not just the skyline, but the trajectory of the city itself.       Read more: https://tinyurl.com/3zu2wd36  

Planning changes made to boost Capstone (Red Deer)

Capstone is experiencing a building boom and the city is updating the development plan for the area in hopes of maintaining that momentum.       Read more: https://tinyurl.com/3mkz7nvy