Calgary housing market prices hold, but sales fall

Residential home sales declined in February, but a decline in new listings helped keep prices steady this month.

Sales totaled 1,094 units in February, 18 per cent below last year's activity. Easing sales occurred across all property types this month, which outpaced the sales growth that occurred in January. After the first two months of the year, sales activity remains well below longer-term averages.

RESOLVE affordable housing initiative approaches successful conclusion

What do I want, you ask so innocently.
I want a HOME, as many of you have.

These lines come from a poem written by 67-year-old Anne Cartledge. "I use all capital letters when I write the word 'home,' because that's how important it is," she said.

Plagued with severe arthritis and fibromyalgia that left her unable to work, Cartledge first survived on AISH (Assured Income for the Severely Handicapped) and, now, on her Old Age Security pension.

Though Cartledge describes herself as a "frugal shopper" and "good at the scrounge routine," she also admits, "I am part of the circle that if I didn't have subsidized housing, I'd be living on the street."

A short history of Calgary and the Canadian Pacific Railway

When construction of the Canadian Pacific Railway (CPR) reached Calgary in 1883, the company built a train station on its land west of the Elbow River in present-day downtown.

The only problem was that most Calgarians in the small community already lived on the east side of the river, now Inglewood.

Local historian Doug Coats says, try as it might, the CPR could not convince Calgarians to move onto its land, so a plan was devised.

A crash course in Calgary bridges

Most Calgarians probably don't stop to think about the city's bridges every time they cross over them by car, by bike or on foot. However, many of these important structures have interesting backstories or architectural designs that make them special.

Sampling the 17th Avenue restaurant scene

Crossing the city from east to west, 17th Avenue is both thoroughfare and destination. Cleaved by the Elbow and Bow rivers, it's not a direct route, but the two halves are sides of the same coin, bonded by street name and a string of restaurants worth seeking out. Whether east or west, expect to find restaurants that celebrate and reflect Calgary's well-crafted and culturally diverse culinary scene.

Couple nearing retirement secured lifestyle close to family and amenities with new-build condo

Dragica and Ron Presiloski are nearing retirement and looking to move closer to family. The couple is still working full-time – Dragica in dentistry and Ron in commercial water treatment. They've been living in Regina for several years, where they own a condo, but their son and his wife reside in Calgary, as do most of the couple's extended family. So, it was a natural progression for the Presiloskis to begin their home search here.

City of Calgary report provides estimates for short-term growth in city's suburbs

What's Calgary going to look like in the next five years when it comes to growth and the housing market?

The City of Calgary's Suburban Residential Growth 2017-2021 report sheds some light on where the city is headed in terms of population and housing growth over the short term.

The draft document is an interesting one, and it serves as a starting point of discussion as the City looks to sustainably increase its footprint.

High hopes for high-speed hyperloop

They might not see eye-to-eye on much, but Calgary and Edmonton are united by their interest in the latest effort to bring high-speed transportation to Alberta. The hyperloop concept consists of pressurized aluminum pods travelling in tubes. Using magnetic propulsion and levitation, the system can exceed speeds of 1,000 km/h. Calgary to Edmonton in less than half an hour, anyone?

Plans for Anderson Station transit-oriented development approach final approval

A new outline plan and land use application for the lands surrounding the Anderson LRT Station was approved at the Calgary Planning Commission in February and will now go before city council on April 16 for final approval.

Doug Cassidy, director of real estate and development services for the City of Calgary, said Anderson Station has many characteristics that make it viable as a transit-oriented development (TOD) site.

Study finds major Canadian cities have room to improve when it comes to densification

Densification is a buzzword now in the real estate industry, and it's certainly on the minds of many policy makers in cities across Canada, including Calgary.

If you travel to cities around the world, you will see firsthand how the other half lives, so to speak. More people are living close together in those global cities.