Calgary
Calgary
Calgary Homebuyers "Acting Quickly," But Inventory Remains At Historic Lows
Both new listings and home sales increased in February, but inventory still remains very, very low.
Mar 01, 2024
Development Projects
The 5 Most Expensive Calgary Developments Completed In 2023
From strata high-rises to a retirement residence, Calgary's five most expensive developments to finish construction in 2023 had a total value of approximately $391M.
Real Estate News
"Buyers Aren't Rushing": Luxury Home Sales Slip In Toronto, Montreal, Surge In Vancouver, Calgary
Single-family homes were the hot topic of luxury real estate in 2023, as buyers shied away from rising condo fees and high carrying costs.
Construction
Calgary Approves Increase To Development Off-Site Levy
The City of Calgary charges the off-site levy to developers whenever land is subdivided or developed and uses the funds collected for infrastructure projects.
Insider: Rate Cuts A Must For Housing Supply (And They Can’t Come Soon Enough)
The data shows it is completely plausible — and possible — to serve tens of thousands of new housing units into the market in the coming months, just by lowering rates.
Industry
Anthem Properties Acquires Calgary-Based Cedarglen Homes
Vancouver-based Anthem Properties acquired the Calgary-based Cedarglen Homes as of December 20, 2023.
Calgary
Calgary Home Sales Dip In 2023, But See "Notable Shift" Towards Condos
Condominiums were the only property type in Calgary to see an increase in sales in 2023, while single-detached homes saw the biggest drop-off.
Calgary
Calgary Is Now A Different Kind Of Outlier When It Comes To Affordability
Known for its housing affordability, Calgary was the only major Canadian city to see affordability worsen between October and November.
Calgary
Slate Asset Management's Stephen Avenue Place In Calgary Placed Under Receivership
Slate Asset Management acquired Stephen Avenue Place, formerly called the Scotia Centre, in 2018.
Calgary
How Peoplefirst Developments Converted The Cornerstone Office Building
The Cornerstone, located at 909 5th Avenue SW, was one of the first projects announced as part of Calgary's office conversion incentive program.
Calgary
Calgary Receives $228M Via Federal Housing Accelerator Fund
The Housing Accelerator Fund announcement comes after the City of Calgary approved its "Home Is Here" housing strategy in September.
Office
Calgary And Edmonton Office Markets Both See Strong Q3
The Calgary office market saw a "positive shift" while Edmonton's saw a "notable resurgence," says Avison Young.
Calgary
Condos In Calgary Continue To Soar In The Resale Market
Condominiums remain the only residential property type in Calgary that's on pace to out perform 2022 when it comes to sales.
Real Estate News
Dream Unlimited Plans 5K Purpose-Built Rentals As Feds Drop GST
“What this legislation unlocks is our ability to get shovels into the ground quickly at a time when it’s never been more critical to build new homes.”
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