
Calgary's trusted source of real estate news, advice and statistics since 1983.
Feb. 10, 2017 | CREBNow
Too much of anything
Excess supply keeps housing prices low in Calgary's apartment sector
It's a seasoned phrase that harkens back to childhood memories of excess, but it's hard to argue with the idea that too much of anything isn't good for us.
The sentiment certainly holds true when considering the buffet of housing options in Calgary's apartment sector. As most product types have started the slow churn toward more balanced conditions, apartment product is struggling to digest a smorgasbord of inventory.
"Overall conditions appear to be improving, but the market is still behaving a little differently on the apartment side," said CREB® chief economist Ann-Marie Lurie. "Inventories are still rising as the growth in sales is not enough to compensate for further gains in new listings."
Feb. 16, 2017 | CREBNow
For the people, by the people
Honest. Dedicated. Personable.
While those adjectives may describe the perfect best friend, they also outline the character traits of the People's REALTOR® – a prestigious award that recognizes real estate professionals whose client-first mentality shatters expectations.
Part of CREB®'s annual ROAR Awards, candidates for the People's REALTOR® Award are nominated by the public for being the best of the best in the eyes of their clients.
Feb. 23, 2017 | Kathleen Renne
Labour of Love
How to welcome spring when you live on an acreage
John Paulsen has lived on his five-and-a-quarter acres in Springbank for more than two decades.
"It was always my dream to live on an acreage."
And he made that dream come true when he designed and built his home in Springbank, after living in Calgary's Silver Springs community.
Feb. 10, 2017 | Gerald Vander Pyl
Rethinking Calgary's car culture
Walk21 Conference to explore the city's walkable future
Experts hope an upcoming international conference will boost efforts to make Calgary more walkable.
Hosted by the University of Calgary, the Walk21 International Conference on Walking and Livable Communities will see 600 local, national and international experts gather to discuss what they're doing in their own communities, and how it could be applied to Calgary.
"(Calgary) is not the city that comes to mind when you say walking," said John Brown, a professor and associate dean with the faculty of environmental design at the university and co-chair of the committee bringing Walk21 to Calgary.
Feb. 23, 2017 | Miles Durie
Sounds, smells & bells

Every time you turn around, a new tech gadget hits the market.
Understandably, it's hard to keep up. So, here's a look at four of the coolest gadgets on the market right now, from an elegantly simple power-saving plug, to a funky retro telephone with high-tech innards. Every product featured in this story is available in Canada, either online, or at retail stores.
Feb. 10, 2017 | CREBNow
Suburban financial market faces significant challenges
Record vacancy rates predicted to trend upwards
Commercial real estate felt the pinch of a slumping economy in 2016 and Calgary's suburban office market was no exception.
From headleases – between a landlord and a tenant – to subleases – where a tenant puts some of their excess space on the market – commercial real estate outside the core had its challenges.
"A significant amount of very, very large blocks of vacancies are available on the sublease market and the headlease market, for that matter, and we have not seen a great number of tenants going in to take those spaces,'' said John Savard, principal, office leasing specialist with Bedrock Realty Advisors Inc.
Feb. 05, 2017 | Kathleen Renne
Value added in Airdrie
Satellite communities offer more bang for your buck
Landing your dream home can be a once-in-a-lifetime opportunity. But if the financial stars don't align the way you'd hoped, you may have to manage your expectations.
Such was the case for Jarred Jusko Friedman and his wife Shaaz, who decided to buy their first home last fall, after renting in Calgary's northeast community of Skyview Ranch.
"We started looking, but we soon found we weren't even able to get into the market at our target price range," said Friedman, adding that the only viable option in their price range was a townhome.
Feb. 16, 2017 | Donna Balzer
How much would you pay for a home grown tomato?

Hamlet tomatoes don't come cheap, but store well
My daughter was the first to notice I paid $12.95 for Hamlet tomato seeds.
And as she looked over my shoulder at the price, I was embarrassed. I admitted I ordered them without price checking and I wondered: would these seeds really be worth three times the price of every other seed?
Feb. 10, 2017 | Miles Durie
Techno Training

Wearable tech has the potential to revolutionize your physical fitness
We humans are great at finding shortcuts, simple solutions and quick fixes. We instinctively avoid doing things the hard way. This drive has spurred amazing innovations in areas from transportation to telecommunications and automation. Everything from the wheel to the silicon chip has sprung from our need to avoid work.
But there's a downside: the easier we make our lives, the less active we are and the more difficult it becomes to stay physically fit. And even though we all know there's no magic bullet that will make us fit, strong and healthy, that doesn't stop us from looking for one.
Feb. 16, 2017 | Barb Livingstone
Ticking all the boxes
Having to leave your home and the community you love, when it comes time to downsize or when you need extra care, is one of the worst things about aging.
While even the most grandiose new communities try to tick all the boxes that allow aging in place – like live/work units, mixed-use services, and a range of options from affordable to luxury single family and mutli-family homes – not all can claim to package those choices in a walkable, resort setting.
However, a 70-acre development in the mountain village of Canmore, is checking off every one of those uses in what is a "legacy" project for developer Frank Kernick.












