Highlights from the CREB® 2019 Calgary Economic & Housing Outlook

2019 Forecast Summary Detached Market Outlook Attached Market Outlook Condo Market Outlook

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New regulations aim to increase transparency around condo corporations

Condo owners, sellers and buyers will have more information at their fingertips – and it will be less cumbersome and expensive to access – under new provincial guidelines slated to take effect this July. Changes to the Condominium Property Act tackle t…

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Condo owners, sellers and buyers will have more information at their fingertips – and it will be less cumbersome and expensive to access – under new provincial guidelines slated to take effect this July. Changes to the Condominium Property Act tackle t…

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Can I afford to buy a home in Calgary? Experts weigh in

Given the current economic situation across the province, the big question on many Calgarians’ minds these days is, “can I afford to buy a home?” Adil Mawji, an Accredited Mortgage Professional with Invis Inc. and past-president of the Alberta Mortgage…

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Given the current economic situation across the province, the big question on many Calgarians’ minds these days is, “can I afford to buy a home?” Adil Mawji, an Accredited Mortgage Professional with Invis Inc. and past-president of the Alberta Mortgage…

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Surrounding Area Check-In: Airdrie

Airdrie is quietly becoming an innovation centre and entrepreneurial powerhouse As one of Canada’s fastest growing mid-sized cities, Airdrie forecasts population growth of nearly 50 per cent over the next six years, with a head count that is expected t…

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Airdrie is quietly becoming an innovation centre and entrepreneurial powerhouse As one of Canada’s fastest growing mid-sized cities, Airdrie forecasts population growth of nearly 50 per cent over the next six years, with a head count that is expected t…

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Cannabis consumption dos and don’ts after Oct. 17

While the legalization date has been set for many months, some confusion remains about where Calgarians will be able to smoke, vape or eat cannabis and cannabis products after Oct. 17. Here’s a handy guide: *Cannabis consumption is regulated by the Cit…

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While the legalization date has been set for many months, some confusion remains about where Calgarians will be able to smoke, vape or eat cannabis and cannabis products after Oct. 17. Here’s a handy guide: *Cannabis consumption is regulated by the Cit…

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Alberta home sale declines eased last month

Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units.Smallest year-over-year decline since 2014 Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units, according to the Alberta Real Estate Association. The provincial organization noted September represented the smallest year-over-year decline since December 2014. Meanwhile, the average MLS® residential price in Alberta rose 3.9 per […]

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Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units.Smallest year-over-year decline since 2014 Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units, according to the Alberta Real Estate Association. The provincial organization noted September represented the smallest year-over-year decline since December 2014. Meanwhile, the average MLS® residential price in Alberta rose 3.9 per […]

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Real estate council receives international awards

recaRECA recognized for education, communication The Real Estate Council of Alberta (RECA) was recently recognized for its educational and communications efforts with two awards from the Association of Real Estate License Law Officials (ARELLO). RECA, a non-government agency responsible for governing the industry under Alberta’s Real Estate Act, won an education award for its pre-licensing […]

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recaRECA recognized for education, communication The Real Estate Council of Alberta (RECA) was recently recognized for its educational and communications efforts with two awards from the Association of Real Estate License Law Officials (ARELLO). RECA, a non-government agency responsible for governing the industry under Alberta’s Real Estate Act, won an education award for its pre-licensing […]

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AREF To Sponsor Award Recognizing Environmentalism

The Alberta Real Estate Foundation (AREF) is partnering with the Alberta Emerald Awards to sponsor the Shared Footprints Award celebrating excellence in land use.

The Shared Footprints Award, which recognizes excellence in Integrated Land Management (ILM)—a strategic planned approach to managing and reducing the human-caused footprint on public and/or private land—was created in 2009 in partnership with Alberta Sustainable Resource and Development.… Read More

AREF To Sponsor Award Recognizing Environmentalism is a post from: CREBNow

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The Alberta Real Estate Foundation (AREF) is partnering with the Alberta Emerald Awards to sponsor the Shared Footprints Award celebrating excellence in land use.

The Shared Footprints Award, which recognizes excellence in Integrated Land Management (ILM)—a strategic planned approach to managing and reducing the human-caused footprint on public and/or private land—was created in 2009 in partnership with Alberta Sustainable Resource and Development.… Read More

AREF To Sponsor Award Recognizing Environmentalism is a post from: CREBNow

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Calgary Housing Market Continues to Outperform

Alberta’s housing market continues to hold top spot in all of Canada, sitting “head-and-shoulders” above the rest of the province in several economic categories.

The province’s place at the top of the national outlook is the topic of a recent release from BMO Capital Markets, which points to employment, wages and interprovincial migration as the biggest reasons for the province’s prosperity.… Read More

Calgary Housing Market Continues to Outperform is a post from: CREBNow

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Alberta’s housing market continues to hold top spot in all of Canada, sitting “head-and-shoulders” above the rest of the province in several economic categories.

The province’s place at the top of the national outlook is the topic of a recent release from BMO Capital Markets, which points to employment, wages and interprovincial migration as the biggest reasons for the province’s prosperity.… Read More

Calgary Housing Market Continues to Outperform is a post from: CREBNow

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Scenery, Space and Solitude

For those who’ve had their fill of the hustle and bustle of the big city and yearn for a different way of living, perhaps it’s time to embrace the option of acreage life.

With Calgary surrounded by wide open prairies, rolling foothills and the majestic Rocky Mountains, opting to live outside city limits has some obvious advantages.… Read More

Scenery, Space and Solitude is a post from: CREBNow

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For those who’ve had their fill of the hustle and bustle of the big city and yearn for a different way of living, perhaps it’s time to embrace the option of acreage life.

With Calgary surrounded by wide open prairies, rolling foothills and the majestic Rocky Mountains, opting to live outside city limits has some obvious advantages.… Read More

Scenery, Space and Solitude is a post from: CREBNow

Read more

Chestermere: Alberta’s Fastest Growing Medium-Sized Community

According to Statistics Canada, between 2006 and 2012, the fastest growing medium-sized community in Alberta was Chestermere. The town’s population grew by a staggering 19.7 per cent to almost 12,000, up from 10,000.

By comparison, the province’s overall population grew by 13.5 per cent during the same span. The other fast-growing communities also tended to be not far from Calgary, with High River (+18.5 per cent), Airdrie (+18.2 per cent) and Cochrane (+15.7 per cent) showing impressive population gains.… Read More

Chestermere: Alberta’s Fastest Growing Medium-Sized Community is a post from: CREBNow

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According to Statistics Canada, between 2006 and 2012, the fastest growing medium-sized community in Alberta was Chestermere. The town’s population grew by a staggering 19.7 per cent to almost 12,000, up from 10,000.

By comparison, the province’s overall population grew by 13.5 per cent during the same span. The other fast-growing communities also tended to be not far from Calgary, with High River (+18.5 per cent), Airdrie (+18.2 per cent) and Cochrane (+15.7 per cent) showing impressive population gains.… Read More

Chestermere: Alberta’s Fastest Growing Medium-Sized Community is a post from: CREBNow

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Amazing Acreages

Fresh air and wide-open spaces are the calling cards of acreage living. While the daily lives of those living in metropolitan regions are often filled with nosey neighbours and traffic gridlock, those living in more rural areas tend to lead a more relaxed lifestyle.

Although more than 80 per cent of Canada’s 35,158,304 residents call urban centres like Calgary home, a 2009 survey showed 43 per cent of rural Canadians (those living in towns of 5,000 people or less) rated their quality of life as “excellent”.… Read More

Amazing Acreages is a post from: CREBNow

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Fresh air and wide-open spaces are the calling cards of acreage living. While the daily lives of those living in metropolitan regions are often filled with nosey neighbours and traffic gridlock, those living in more rural areas tend to lead a more relaxed lifestyle.

Although more than 80 per cent of Canada’s 35,158,304 residents call urban centres like Calgary home, a 2009 survey showed 43 per cent of rural Canadians (those living in towns of 5,000 people or less) rated their quality of life as “excellent”.… Read More

Amazing Acreages is a post from: CREBNow

Read more