Inventory increases and sales drop in September, but overall sales for the year remain higher than last year

Strong gains in the first half of 2017 have put Calgary year-to-date sales at seven per cent above last years' levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings.

Inventories rose across all property types to 6,861 units, while both apartment- and attached-style properties saw the highest inventory on record for the month of September.

City continues process of intensification, as communities adjust to higher-density living

For a long time, news stories about development in Calgary tended to paint a picture of a city growing out of control, with headlines like "Calgary battles urban sprawl" or "Calgary versus the car: the city that declared war on urban sprawl."

Rylan Graham, an instructor in the University of Calgary's Faculty of Environmental Design, says after the Second World War, much of the population growth in cities occurred on the urban-rural fringe.

"This is the form of growth that is often connected with the term urban sprawl," he said. "Generally, planning has come to recognize the ills of urban sprawl – that it is unsustainable socially, economically and environmentally."

Find out where Calgary's councillor candidates stand on several housing-related issues

Thinking long-term puts Calgary's housing market in perspective

Real estate is a numbers game, and looking at those numbers over an extended period truly does shine a light on the performance of a market over the long-term.

From that perspective, home prices in Calgary have been very impressive.

New community to house close to 1,600 residents

After a few trips to the drawing board, the new Airdrie community of South Point has sketched its way to approval, and will be highlighted by a much-needed link in the city's road system.

Located on a 28-hectare plot east of Hillcrest, south of Morningside and 40th Avenue S.W. and west of the CP Rail tracks, the Vesta Properties' project will eventually host an estimated 587 residential units that will service close to 1,600 residents.

With questions over density allocations and housing mix, the original Neighbourhood Structure Plan (NSP) was defeated by Airdrie council in September. A re-worked plan was approved in late January.

Versatile tiny homes provide unique lifestyle on a limited budget

Mark Kirk sold his house, moved to Calgary, and only then realized how much stuff he really owned, and how little of it he regularly used. This revelation – along with his desire for a career change – led Kirk to start his own tiny-homebuilding business, Blackbird Tiny Homes.

These homes are called "tiny" for a reason, measuring between 120 square feet and 420 square feet. Kirk says that while tiny homes have been around for close to a decade in the United States – and are the subject of more than one HGTV series – they're a relatively new option for Albertans.