Through High Water and Low Oil Prices – Calgary Still Tops
Earlier today, the City of Calgary’s new(er) city manager, Jeff Fielding, addressed the local homebuilding industry in a sold out event
City Top-Rated Market for Real Estate Prospects – Nov. 14, 2013
Mario Toneguzzi of the Calgary Herald reports on PwC’s annual survey of industry experts which concludes that Calgary is the top-rated market in Canada for real estate prospects in terms of investment, development and homebuilding. Read More…
New ‘4-Year’ Calgary City Council: Stand and Deliver
Yesterday (and very early this morning) Calgary’s civic election results yielded an updated slate of Councillors who, along with Mayor Nenshi, face the enormous task of reconciling
New Faces Grace City Hall – Oct. 22, 2013
A newly elected Calgary City Council, reported by Calgary Herald writer, Jason Markusoff, faces significant challenges in reconciling its urban development policy objectives with both industry and bureaucratic “disconnects”. Read More…
Cost of Prime Retail Space Rising – Oct. 10, 2013
A Colliers International report confirms that Calgary Urban Equities’ Mission Road project is just a few blocks down the street from one of Canada’s top 10 most expensive retail streetscapes, as part of an article by Mario Toneguzzi on rising retail lease rates in Calgary. Read More…
Construction Pace Soars In Calgary – August 17, 2013
Herald writer Claire Young covers recent data released by the CMHC, including the observation that although YTD multi-family starts for the Calgary metropolitan census area are lower than the same period in 2012, multi-family starts within the city itself have almost doubled. Read More…
Cranes On The Horizon – Apr. 23, 2013
In a Daily Economic Comment today, ATB Financial’s senior economist, Todd Hirsch observes that Alberta’s Q1/2012 non-residential (commercial, industrial and institutional / government) activity is unchanged or increasing versus the previous quarter or same quarter last year. Since building permits are a leading economic indicator, this bodes well for Calgary’s short to medium term outlook. […]
Building Permits Off To Strong Start – Feb. 23, 2013
Calgary Herald Homes writer Claire Young reports on the City of Calgary’s comparative statistics for residential and non-residential building permit applications in the month of January. While the total number of permits increased by more than 14% and the value of those permits increased by for than 19%, January permits for multi-family housing eased somewhat. […]
Markets Hot and Cold – Calgary R/E Simmering Nicely
Just 6 weeks into the new year and equity markets have shaken off the U.S. fiscal cliff issue to rally smartly over the past 30 sessions, or so.
Calgary Becoming ‘International’ Real Estate Market – Dec. 13, 2012
Calgary Herald writer Mario Toneguzzi covers national real estate firm CBRE’s report on Calgary’s comparative vacancy rates for downtown office, suburban office and industrial warehouse space, highlighting a healthy market and the fact that global demand for resources is transforming Calgary into an international market. Read More…