Greatest Boom Ever

A plan for high-density housing near Calgary transit stations has prompted pushback from some on council who call it “blanket rezoning 2.0.”       Read more: https://tinyurl.com/2wfxvhwr  

Canada’s housing market became more affordable this year, but Calgary was not among those markets where buyers saw improving conditions, with one exception. A new report from National Bank of Canada examining first quarter data for the year (ending March 31) found larger markets saw improvements in affordability, but Calgary became slightly less affordable.       Read more: https://tinyurl.com/2sytxcps     

More parents are helping adult children purchase homes. A recent report from the Bank of Canada found more parents in high-cost markets are co-signing on mortgages, allowing their children to purchase more expensive homes.         Read more: https://tinyurl.com/s248ekkb          

Purchasing a home is never an easy financial milestone to achieve, and in Edmonton, it’s becoming even more challenging, making it an outlier among major cities in a new report.       Read more: https://tinyurl.com/5fbtmtyv     

A new fractionation facility is in the works just outside of Edmonton, eyeing a startup sometime in 2029.       Read more: https://tinyurl.com/29eekx8v  

Denis Rowley sells luxury homes in Edmonton, but he was a mortgage broker and an appraiser first, and he still reads the market like one: he looks at who can afford to borrow, and what happens when they cannot.       Read more: https://tinyurl.com/svzkemu9  

Renter interest in Calgary is declining, with a new report showing that the city has slipped five positions in a national ranking.        Read more: https://tinyurl.com/3ajpyjzx    

Airdrie residents are feeling better about the value they receive for their taxes, with satisfaction jumping from 52 per cent to 66 per cent over the last year.     Read more: https://tinyurl.com/z92wvnuv  

A huge slice of global data center capacity faces elevated risk to acute climate hazards, a study released Thursday shows.         Read more: https://tinyurl.com/yzw3xp38  

West side commuters will see some construction happening along the westbound Whoop-Up Drive on-ramp starting this week to add a second lane to it. This is the first step on a series of upgrades taking place in the area.        Read more: https://tinyurl.com/2t6wxuyu    

Tuesday’s rate pause may have come as a relief to many, but home buyers in Perth still need to earn $16,500 more than they did in January to afford a typical mortgage in the western capital.       Read more: https://tinyurl.com/ycx7zxu6  

Renter interest in Edmonton is on the decline, with a new report showing the city dropping out of the top 10 nationally for the first time in a while.       Read more: https://tinyurl.com/yc89swmu       

Between December 2019 and December 2025, Canadian home insurance premiums spiked by 45 per cent, with passenger vehicle insurance premiums rising 23.9 per cent — and the reason is due to extreme weather claims, according to Statistics Canada.     Read more: https://tinyurl.com/4sxtrh5t         

The Calgary International Airport is preparing for another record-breaking summer travel season despite tempered demand for air travel tied to fuel surcharges on flight bookings in recent months.         Read more: https://tinyurl.com/bdh8cpvj