Fifth annual Doors Open Calgary event returns Sept. 24

Being a tourist in your own town: That's how Alyssa Berry describes Doors Open Calgary.

"You get to re-discover, or newly learn, parts of the city you may pass by but don't know anything about," said the president of this year's citywide event, taking place Saturday Sept. 24.

University District touted as 'once-in-a-lifetime opportunity'

It is the urban employment hub of northwest Calgary. And now, with a projected influx of 6,000 new residences over the next 15 years, the new University District community is slated to become the quadrant's residential core.

The first two housing developments just launched in the District — Ivy by Brookfield Residential and Noble by Truman Homes — will be uniquely positioned in the 81-hectare project between two hospitals (Foothills Medical Centre and Alberta Children's Hospital) and the University of Calgary, for potential buyers.

CREA expects sales to struggle to maintain traction in 20016-17

MLS® sales in Alberta are expected to increase for the balance of the year due to better-than-expected activity during the second quarter and health levels heading into the third quarter, according to the Canadian Real Estate Association (CREA) in its revised 2016 forecast.

The national REALTOR® agency added, however, that the current economic climate suggests Alberta sales may struggle to maintain traction over the remainder of 2016 and into 2017.

Alberta sales activity is expected to finish the year down 8.8 per cent to 51,500 transactions - the largest decline in the country as the province's economy struggles with a sluggish energy industry.

Nationally, sales activity is forecast to rise by six per cent to 535,900 units in 2016, which is little changed from CREA's previously predicted sales increase of 6.1 per cent to 536,400 units this year. This represents a new record for annual sales.

CREB® president was just one of many roles Don Dickson looks back on fondly

Don Dickson has held a variety of roles during his lengthy real estate career: Salesman, broker, business practices manager, and, in 2004, president of CREB®.

Through it all, his focus has remained the same.

"It's about helping members. That's been my number-one priority," Dickson said. "It's been a fabulous experience. You couldn't have a more fulfilling career. And I'm not done yet."

Clair J. Cote Jr. follows in father's historic footsteps by leading CREB® through 1974

When Clair J. Cote Jr. became CREB®'s president in 1974, Calgary was partway through a decade marked by unprecedented growth, both in business and real estate development.

The year prior, the Arab oil embargo set off the first global energy crisis, leading to efforts in Alberta to lessen the dependence on foreign oil. Calgary, where oil companies were headquartered, prospered.

For Cote, the 1970s stand out as a time in which his brokerage, which started in 1964, grew.

First Bee City in Western Canada

The City of Chestermere is buzzing with excitement after becoming Western Canada's first Bee City.

The official honour from Bee City Canada recognized Chestermere's efforts in the fight to save Canada's declining bee population. The non-profit organization highlighted the city's current efforts to promote healthy ecosystems such as the community garden, its Chestermere in Bloom program, birth forest, as well as more than 70 parks and green spaces around the community.

Chestermere is only the second city designated in Canada as a Bee City, following Toronto.

Former CREB® president Alan Tennant recalls 1998 as one with few challenges

Alan Tennant summarizes Calgary's resale residential housing market in 1998 in one word: stable.

"I recall doing monthly statistic releases throughout the year, and trying to find new ways to state 'stable,'" said Tennant, who was CREB®'s president that year. "I remember [the market] now more fondly than I did at the time. Back then, it seemed almost boring."

Detached versus higher-density segments paint different pictures of health

Overall resale residential housing sales activity in Calgary was down again in August, totalling 1,567, reported CREB® in its monthly housing summary.

However, the organization noted this figure does not reflect the big differences in activity between the detached sector, versus the high density apartment and attached segments of the market.

Use increases by 10 per cent from 2005-14

Demand for shelters and beds in Canada is approaching levels not seen since the 2008/09 economic downturn, with a 10 per cent increase in use from 2005-14, according to a new study.

The National Shelter Study 2005–2014: Emergency Shelter Use in Canada released this week by the federal Employment and Social Development Canada ministry revealed that, on an average night in 2014, 13,857 Canadians slept in an emergency shelter, using more than 90 per cent of Canada's 15,000 shelter beds. By comparison, in 2005, average nightly shelter use had reached slightly more than 80 per cent of capacity.

At its peak in 2009, the national shelter occupancy rates was at 94.6 per cent.

RBC releases new housing trends, affordability report

Despite signs of a modest recovery in home resale activity, Calgary's housing market continued to struggle amid plentiful supply of homes available for sale, declining prices and softening demographics fundamentals, according to RBC Economics' recent Housing Trends and Affordability report.

RBC said its cost-of-ownership measure for Calgary rose by 0.3 percentage points in the second quarter to 33 per cent of a typical family's pre-tax income, still well below the long-term average of 40.4 per cent for the area.

Both the single-detached and condo segments registered small improvements.