Waterfront living comes at a premium in the Calgary market

DaVinci Homes CEO Naheed Kazmi utters three magic words when describing the appeal of the 31-unit Riviera on the Bow in Parkdale, one of her company's most recent projects: "Location, location, location."

"Everybody wanted that location," she said, recalling when the company purchased the land in 2008 and how she has received many calls since over the years from would-be buyers.

Prices remain similar to last year, but ease in October

October's housing market conditions closely echoed previous months' trends, with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.

Calgary's rivers have shaped the city's development since its inception

In 1875, members of the North West Mounted Police built a fort at the confluence of the Bow and Elbow Rivers.

Fort Calgary quickly attracted early settlers to the area, and a thriving little community started to grow – one that never strayed far from the rivers that would shape its development.

130 years of Calgary homes

From the first rustic homes that dotted our city's landscape in 1887, to the sprawling modern masterpieces of today, Calgary has seen its share of architectural styles over the years:

Airdrie's history is full of colourful people and interesting stories

When R.J. Hawkey arrived in the region of the Airdrie Station House along the Calgary to Edmonton railway, he became one of the first private land owners in the fledgling community.

Hawkey decided to build a school on some of his land, and set himself up as Airdrie's first teacher.

Historic West Hillhurst still embodies can-do spirit of its founders

Residents in the inner-city, northwest community of West Hillhurst cherish the values of yesteryear – community, connectedness, family friendly programming and volunteerism.

"There is such a great camaraderie here," said longtime resident Chris Koper. "There are so many older community members that love to tell stories that connect us to the past."

Space-age design and retro décor are on full display in Carol and Don Carruthers' atomic ranch-style home

Tucked away on a quiet inner-city boulevard, lined with century old trees and dotted with mature lilac bushes, sits a vintage, 1950s-era architectural gem. Its space-age design – angles, offsets and images of starbursts, atoms and boomerangs (think The Jetsons) – is known as atomic ranch, a mid-century design trend inspired by the era's fascination with the space race. The design is funky, retro and eclectic, with sunken living spaces, vinyl tile and even a décor wall dotted with vintage bowling balls. Carol and Don Carruthers purchased the home in 2001 from the original owner, thinking they would renovate and flip it. But they fell in love with the home's quirkiness, laying plans for a modernization aside in favour of retaining the home's vintage character and mid-century feel.

Space-age design and retro décor are on full display in Carol and Don Carruthers' atomic ranch-style home

Tucked away on a quiet inner-city boulevard, lined with century old trees and dotted with mature lilac bushes, sits a vintage, 1950s-era architectural gem. Its space-age design – angles, offsets and images of starbursts, atoms and boomerangs (think The Jetsons) – is known as atomic ranch, a mid-century design trend inspired by the era's fascination with the space race. The design is funky, retro and eclectic, with sunken living spaces, vinyl tile and even a décor wall dotted with vintage bowling balls. Carol and Don Carruthers purchased the home in 2001 from the original owner, thinking they would renovate and flip it. But they fell in love with the home's quirkiness, laying plans for a modernization aside in favour of retaining the home's vintage character and mid-century feel.