Greatest Boom Ever

Edmonton’s red-hot housing market is hitting a cold spell, driven by a surplus of condominiums and slowing migration.       Read more: https://tinyurl.com/4xe2vfay     

The French luxury retailer Hermès announced in June that it will open its first Alberta boutique on Calgary’s Stephen Avenue.       Read more: https://tinyurl.com/nj8hdhym     

A major transformation of a downtown Calgary street is entering a new phase this month, with construction moving ahead on the 8th Street SW revitalization project.       Read more: https://tinyurl.com/5exnpabw     

TORONTO — A new poll finds Canadian businesses are feeling optimistic about the federal government’s economic agenda, but that it will come down to executing on those priorities as the country stares down threats of fresh tariffs from the U.S.       Read more: https://tinyurl.com/4tj48e5t  

It’s been more than four years since Canada’s housing boom came to an abrupt end in 2022, and throughout that period the perennial question hanging over the market has been, how much farther will it fall?       Read more: https://tinyurl.com/5n7mz6s8  

Natural gas prices are taking a slight rise in the month of August, according to the city’s latest utility rates update.       Read more: https://tinyurl.com/yaxkscbd     

A Sydney property owner has listed their forever home for millions of dollars less than the price they purchased it following a strata nightmare.   Read more: https://tinyurl.com/3zaftuza     

Higher oil prices helped push Canadian exports to their fastest quarterly gain in almost six years in the second quarter, a period capped by a fourth consecutive monthly trade surplus in June.       Read more: https://tinyurl.com/3p5nyxwj  

In some Alberta separatists’ arguments, their big idea isn’t so much about severing the province from Canada. The goal is to fortify trade bonds with Alberta’s southern neighbour.       Read more: https://tinyurl.com/3vttj4kn  

As August begins and construction season nears its end, a project underway since 2020 in downtown St. Albert remains a big hole.        Read more: https://tinyurl.com/pav6xayy  

You’re being asked for your thoughts on proposed twinning projects under discussion for portions of of 132 Avenue and 116 Street.       Read more: https://tinyurl.com/4psvtars  

        Fort McMurray's housing market tells a story of boom, bust, and slow rebuilding. Once home to some of Canada's highest real estate prices during the oil sands boom, this northern Alberta community has spent the past decade recalibrating after multiple economic shocks.   Current Market Snapshot   As of 2025, Fort McMurray's average home price hovers around $470,000–$514,000 depending on data sources — a fraction of peak 2014 prices that exceeded $700,000. The market has stabilized following years of volatility, with moderate price increases and healthy sales volumes replacing the dramatic swings of previous years. Current inventory levels show approximately 450 –500 active listings, giving buyers reasonable selection without oversupply concerns.   The Oil Sands Connection   Fort McMurray's real estate remains inextricably linked to oil sands development. When global oil prices collapsed in 2014–2015, the housing market followed immediate...