Calgary Home Prices On Top – Mar. 16, 2013

Calgary Herald Business writer Mario Toneguzzi covers the Canadian Real Estate Association’s March release of national residential housing transaction statistics for February which indicate slower year over year transaction volumes in all markets (including Calgary) with Calgary leading the nation on sales price growth of 8%.   Read More…

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. […]

New Condo Sales Up Across the City – Feb. 11, 2013

Matthew Boukall, Residential Consulting Services Manager for Altus Group authored a recent report which indicates that Calgary’s volume of new condominium sales increased 26% from 2011 to 2012.  In a Calgary Herald article by Mario Toneguzzi covering the subject, CMHC market analyst Richard Cho notes that condos are a good option for many buyers including […]

Multi-Family Pace Strong For Resale – Feb. 9, 2013

Calgary Herald Homes writer Josh Skapin covers the Calgary Real Estate Board’s year-over-year review of January’s multi-family sales transactions which indicate a recovery of this housing secotr is in full swing, with combined sales up 15% and benchmark pricing up by more than 7%.     Read More…

Housing Numbers Go Through the Roof – Jan. 10, 2013

Richard Cho, senior market analyst in Calgary for CMHC, told a packed room at the CHBA – Calgary Region’s annual Forecast Dinner that Calgary blew through his forecast for 2012 constructions starts and that apartment construction starts reached their second highest level since 1981.   Read More…

‘Steady’ Year for Condo Options – Jan. 5, 2013

Calgary Hearld New Condos writer Claire Young reports that, according to Canada Mortgage and Housing Corp., Calgary had a near-record year for multi-family housing starts in 2012 and can expect to see moderate activity within historic averages for 2013.  Increased discussion around promoting higher density and allowing frame construction for buildings up to 6 storeys […]

Calgary Apartment Vacancy Rate Decreases in 2012 – Dec. 15, 2012

CMHC’s fall market survey indicates that Calgary’s downtown rental vacancy rate dropped to 0.5% in 2012 from an already tight 1% in 2011 due to strong interprovincial migration and Real Estate Investment Network president Don Campbell is quoted as saying this low vacancy rate should grow demand for resale housing in 2013 and new housing […]

Condo Resale Market Stronger Than 2011 – Dec. 8, 2012

Calgary Real Estate Board chief economist Ann-Marie Lurie observes that the market for Calgary condo apartments and townhomes is significantly stronger in 2012 than the previous year, with transaction volume and price growth throughout the city.     Read More…