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Stories Tagged - Calgary Real Estate News
News
Oct. 27, 2015 | CREBNow
Alberta's NDP tables record $6.1-billion deficit
Real estate group applauds exclusion of land transfer tax
The Alberta NDP plan to run a $6.1-billion deficit in 2015-2016, the largest in more than two decades, fueled primarily by increased infrastructure spending and the province's contracting economy.
In its provincial budget, released Tuesday, Finance Minister Joe Ceci also announced plans to borrow $712 million next year, which ends a nearly 20-year run of debt-free operations.
"This is the right budget for the right time," said Ceci, noting the party promises a return to balance by 2019-20.
The Alberta NDP plan to run a $6.1-billion deficit in 2015-2016, the largest in more than two decades, fueled primarily by increased infrastructure spending and the province's contracting economy.
In its provincial budget, released Tuesday, Finance Minister Joe Ceci also announced plans to borrow $712 million next year, which ends a nearly 20-year run of debt-free operations.
"This is the right budget for the right time," said Ceci, noting the party promises a return to balance by 2019-20.
News
Oct. 27, 2015 | CREBNow
Last chance for input on Condo Act
Province to end public consultation of first phase Oct. 30
Albertans still have time to provide input on amendments to the province's condo property act, which is seeking to provide condo owners with easier access to information and quicker dispute resolutions.
Leading up to Oct. 30, Albertans are being invited to review and weigh in on updates to the Condominium Property Act by clicking here.
To review a draft copy of the first phase of regulations, click here.
Albertans still have time to provide input on amendments to the province's condo property act, which is seeking to provide condo owners with easier access to information and quicker dispute resolutions.
Leading up to Oct. 30, Albertans are being invited to review and weigh in on updates to the Condominium Property Act by clicking here.
To review a draft copy of the first phase of regulations, click here.
News
Oct. 27, 2015 | Shelley Boettcher
Piquing interest in parklets
Experts debate whether mini meeting spaces will replace traditional parks
You may have never heard of a parklet, but chances are good you've walked or driven past one. Maybe you've even sat in one, enjoying a coffee or a chat with a friend on a warm afternoon.
"You're taking a space that would normally not be a public space, maybe part of a road, and you're converting it," said Byron Miller, an associate professor of geography at the University of Calgary and co-ordinator of school's Urban Studies program.
"It's about expanding the public realm to create new spaces where people can interact."
You may have never heard of a parklet, but chances are good you've walked or driven past one. Maybe you've even sat in one, enjoying a coffee or a chat with a friend on a warm afternoon.
"You're taking a space that would normally not be a public space, maybe part of a road, and you're converting it," said Byron Miller, an associate professor of geography at the University of Calgary and co-ordinator of school's Urban Studies program.
"It's about expanding the public realm to create new spaces where people can interact."
News
Oct. 26, 2015 | Tyler Difley
Accessible housing a 'very hidden problem'
When home becomes an obstacle course
Home is where many Calgarians seek refuge, rest and relaxation. Yet for people with limited mobility, home can become a stressful obstacle course where everyday tasks are nearly impossible.
"People don't know that their neighbour three houses over is trapped in their home, and with an aging population, I think we're going to see it all the more," said Jeff Dyer, executive director of Accessible Housing Calgary.
"The need (for accessible housing) is really great. It's a very hidden problem."
Home is where many Calgarians seek refuge, rest and relaxation. Yet for people with limited mobility, home can become a stressful obstacle course where everyday tasks are nearly impossible.
"People don't know that their neighbour three houses over is trapped in their home, and with an aging population, I think we're going to see it all the more," said Jeff Dyer, executive director of Accessible Housing Calgary.
"The need (for accessible housing) is really great. It's a very hidden problem."
News
Oct. 24, 2015 | Cody Stuart
Scream home
Scaring others a family tradition for Calgary household
For most of the year, Calgarians go to great lengths to boost their homes' curb appeal. After all, removing unwanted trash and old rubbish to make a home welcoming is part of what makes a neighbourhood great.
Yet around this time of the year, these same people will do their best to make their homes as unwelcoming as possible – when those old garbage bags, stained sheets and broken furniture become valued commodities.
Welcome to Halloween in Calgary.
For most of the year, Calgarians go to great lengths to boost their homes' curb appeal. After all, removing unwanted trash and old rubbish to make a home welcoming is part of what makes a neighbourhood great.
Yet around this time of the year, these same people will do their best to make their homes as unwelcoming as possible – when those old garbage bags, stained sheets and broken furniture become valued commodities.
Welcome to Halloween in Calgary.
News
Oct. 23, 2015 | Jamie Zachary
Regional housing prices decline for first time in '15
Higher inventory levels consistent throughout surrounding area
Alberta's economic downturn caught up with the residential housing industry outside of Calgary in the third quarter as price declined for the first time in 2015, says a new report from CREB®.
Despite the slight scale back, prices remained relatively resilient when compared to double-digit declines in sales that sparked a rise in inventory levels.
In its latest surrounding area quarterly summary, CREB® reported benchmark prices from July to September fell by 0.41 per cent from the previous quarter to $433,033. That compares to gains realized in the two previous quarters.
Alberta's economic downturn caught up with the residential housing industry outside of Calgary in the third quarter as price declined for the first time in 2015, says a new report from CREB®.
Despite the slight scale back, prices remained relatively resilient when compared to double-digit declines in sales that sparked a rise in inventory levels.
In its latest surrounding area quarterly summary, CREB® reported benchmark prices from July to September fell by 0.41 per cent from the previous quarter to $433,033. That compares to gains realized in the two previous quarters.
News
Oct. 21, 2015 | Kathleen Renne
Next door to nature
Residents tout benefits of acreage living
Anna Garcia loves her neighbours.
The Bragg Creek resident says they're relatively quiet, active and the kids are cute.
Did she mention they're a family of moose?
"We saw her (the mom) almost daily, licking right off our deck. Those moments are spectacular. It makes us feel exceptionally lucky," said Garcia.
The lure of living so close to nature was too much for Garcia and her husband to resist when the couple uprooted from Willow Park in southeast Calgary to their largely forested Bragg Creek acreage in 2001, where Garcia's husband also owns a furniture business.
Anna Garcia loves her neighbours.
The Bragg Creek resident says they're relatively quiet, active and the kids are cute.
Did she mention they're a family of moose?
"We saw her (the mom) almost daily, licking right off our deck. Those moments are spectacular. It makes us feel exceptionally lucky," said Garcia.
The lure of living so close to nature was too much for Garcia and her husband to resist when the couple uprooted from Willow Park in southeast Calgary to their largely forested Bragg Creek acreage in 2001, where Garcia's husband also owns a furniture business.
News
Oct. 20, 2015 | CREBNow
Densification, affordability to reshape homebuilding industry: SAIT
Q&A with SAIT Polytechnic School of Construction dean Scott MacPherson
The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.
CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.
The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.
CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.
News
Oct. 19, 2015 | Carl Patzel
Placemaking in the satellites
Urban planners designing with public places in mind
Placemaking, the popular term coined by urban planners to address the management of public spaces, is slowly weaving into the fabric of Calgary's burgeoning satellite communities.
Local planners say the concept, once reserved for major metropolises, is becoming a focal point in the respective redevelopment of their existing spaces and development of new ones.
"It's a key element for us," said Tracy Corbett, manager of planning and sustainable development at the City of Airdrie. "We hear time and time again in our citizen surveys that parks and pathways come out number one on what people really value about Airdrie.
"There are not a lot of natural amenities – a river or a lake. So you have to work a little harder at creating great place and effective placemaking."
Placemaking, the popular term coined by urban planners to address the management of public spaces, is slowly weaving into the fabric of Calgary's burgeoning satellite communities.
Local planners say the concept, once reserved for major metropolises, is becoming a focal point in the respective redevelopment of their existing spaces and development of new ones.
"It's a key element for us," said Tracy Corbett, manager of planning and sustainable development at the City of Airdrie. "We hear time and time again in our citizen surveys that parks and pathways come out number one on what people really value about Airdrie.
"There are not a lot of natural amenities – a river or a lake. So you have to work a little harder at creating great place and effective placemaking."
News
Oct. 16, 2015 | Alex Frazer Harrison
The $17-trillion question
How Calgary is contributing to low-carbon living
It's a number so big, it's hard to comprehend: $17 trillion US.
According to the New Climate Economy report released by the Global Commission on the Economy and Climate, that's how much cities worldwide could realize in direct energy savings by 2050 by investing in low-carbon technologies. This includes public transportation, efficiency in building design and waste management.
Is such a target obtainable?
In 2014, the City of Calgary spent $140 million on energy, just for its own facilities, "to keep our pools warm, our street lights on and our LRTs moving," said Arsheel Hirji, leader of sustainable infrastructure with the City.
It's a number so big, it's hard to comprehend: $17 trillion US.
According to the New Climate Economy report released by the Global Commission on the Economy and Climate, that's how much cities worldwide could realize in direct energy savings by 2050 by investing in low-carbon technologies. This includes public transportation, efficiency in building design and waste management.
Is such a target obtainable?
In 2014, the City of Calgary spent $140 million on energy, just for its own facilities, "to keep our pools warm, our street lights on and our LRTs moving," said Arsheel Hirji, leader of sustainable infrastructure with the City.