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Calgary's Beltline area was chosen as the site of the most recent off-leash park after the City of Calgary identified almost 650 dogs licensed in the area. Photo by Michelle Hofer/For CREB®Now.
News

June 10, 2016 | Cody Stuart

City opens downtown off-leash park

New site opens at Cannaught Park

The City of Calgary has opened its first fenced inner-city off-leash area at Connaught Park.

"There are almost 650 dogs licensed in the Beltline, and during public engagement we identified a need for a safe and dedicated off-leash space in the area," says Doug Marter, development manager for Calgary Parks.

Connaught Park, located at 11th Street and 14 Avenue S.W., was selected for its central location and because it was originally designed as a multi-use park, said the City.

The City of Calgary's ePermit service on the 2016 CAMA Willis Award for Innovation in the Over 100,000 Population category at the Canadian Association of Municipal Administrators's annual awards this past week. Photo courtesy City of Calgary.
News

June 10, 2016 |

Calgary receives national award for ePermit service

Canadian Association of Municipal Administrators recognizes online tool

The City of Calgary's residential ePermit service captured top honours recently with a national award of excellence from the Canadian Association of Municipal Administrators (CAMA).

The online permitting tool, which launched last fall, won the 2016 CAMA Willis Award for Innovation in the Over 100,000 Population category.

Other winners in the category included Kindersley, Sask's, waste water project (Under 20,000 Population category) and Saint John, N.B.'s "one-stop development shop" initiative (20,001 to 100,000 Population category).

Alan Fisher of Integra Home Inspection Services welcomes the introduction of new national standards. Photo by Wil Andruschak/For CREB®Now
News

June 09, 2016 | Joel Schlesinger

House rules

New national standards for home inspections will benefit consumers, industry says

Calgary home inspector Alan Fisher has heard his share of horror stories from homeowners who received less-than-optimal inspections prior to buying their homes.

Sadly, he said these tales of domestic woe are largely preventable given most stem from the unfortunate reality that not all home inspectors are equal when it comes to ferreting out potential issues.

"There are people out there offering a seven-day course where you write the test and you're certified," said Fisher, who owns Calgary-based Integra Home Inspection Services.

Sano Stante recalls secondary suites as being one of the top issues to come up during his CREB® presidency in 2011. Photo by Michelle Hofer/For CREB®Now
News

June 06, 2016 | Cailynn Klingbeil

55 Years of Real Estate: 2011 CREB® president Sano Stante

Secondary suites and sustainability highlight Sano Stante's year as CREB® president

The year was 2011: Naheed Nenshi was in his first full year as mayor, secondary suites had become part of Calgarians' daily lexicon and the term "sustainability" had started to creep into community development.

Looking back at it now, then CREB® president Sano Stante noted his year at the helm not only gave him a front-row seat to the action, but an enviable opportunity to influence change.

He noted his work with CREB® in advocating council to legalize secondary suites across the city stands out the most from his year of presidency.

"It's something I was really proud of," said Stante.

John Brown with the University of Calgary said the laneway project represents an innovative solution to aging in place. Photo courtesy University of Calgary.
News

June 06, 2016 | Alex Frazer Harrison

Time and a place

Seniors' groups welcome potential option to aging in place

Seniors' advocates in Calgary are cautiously praising a city council decision to look at a University of Calgary pilot project that's studying laneway housing as an option to aging in place.

In mid-May, council agreed to support a motion by Coun. Gian-Carlo Cara that would have City administration work with the university as it embarks on the next phase of its Aging-In-Place Laneway Housing project.

Kerby Centre CEO Luanne Whitmarsh called the idea, "a really interesting concept," but added more study needs to be done, such as ensuring that, "it isn't just going to make more isolation.

"Also, what does it look like? If (seniors) still need support and there are people entering the home instead of a grassy front yard, it's a back alley. We have to look at quality of life," she said.

Often-overlooked statistics such as months of supply and sales-to-new-listings can be key indicators of what's really going on in the housing market, says CREB® chief economist Ann-Marie Lurie. CREB®Now file photo.
News

June 06, 2016 | Mario Toneguzzi

Dissecting housing demand indicators

CREB® chief economist walks through often-overlooked housing statistics

Months of supply is a statistic that often gets lost in today's housing market, yet it is an important indicator of the relationship between supply and demand, says CREB® chief economist Ann-Marie Lurie.

"It gives us one indication of balance in the market," she said of months of supply, which is the amount of time it would take to sell current inventory.

"If the number is really high – so you have a higher level of months-of-supply – that essentially just means that there's more supply than demand in the market and it generally correlates with declining prices in the market.

News

June 06, 2016 | Mario Toneguzzi

Brokerage closures spark reminders from regulator

RECA emphasizes top priority is consumer protection

The Real Estate Council of Alberta (RECA) is reminding real estate professionals in the province to always discuss deposit arrangements with their clients in response to one Calgary brokerage recently closing and another one winding down operations.

The provincial regulatory body also advised professionals in the province to continue showing sellers' listings, even if they are listed by a brokerage that is shutting down, and to let buyers into their listings.

RECA communications manager Natalie Scollard said the organization's primary role when a brokerage shuts down is consumer protection.

The scaling back of single-detached home starts has contributed to a decline in the number of units under construction, thus posing minimal risks of destabilizing the market, according to a new report. CREB®Now file photo.
News

June 06, 2016 |

5 things on housing market's health

New report paints mid-term picture

RBC Economics economist Craig Wright and Robert Hogue say the provincial recession continues to weigh on housing demand in Calgary, and such weakness is increasingly undermining prices.

In the bank's Canadian Housing Health Check released this week, the report's authors note the drop in property values has been generally modest to date; however, the pace of decline has accelerated and further downside remains.

Here are five things to know about contributors to Calgary's housing health so far this year:

Ellyn Mendham recalls her year as president of CREB®’s board of directors in 1993 as one 
of positive change following years of transition in the 1980s. Photo by Michelle Hofer/For CREB®Now
News

June 02, 2016 | Cailynn Klingbeil

55 Years of Real Estate: 1993 CREB® president Ellyn Mendham

Ellyn Mendham credits teaching background to industry leadership

Ellyn Mendham describes her entry into real estate as a "fluke."

Originally an elementary school teacher in Philadelphia, then Nova Scotia, Mendham's credentials did not immediately transfer when she moved to Alberta.

"I needed to work and produce an income, and at the time I thought I would go back to teaching later," said Mendham. "By fluke, I got into real estate."

But after making her first sale – a home that went for $42,000 in 1975 – she quickly realized she loved the industry.

News

June 01, 2016 | CREBNow

Cool runnings

Supply gains contribute to inventory rise in soft housing market: CREB®

Calgary's residential resale housing market continued to exhibit signs of softness last month, according to CREB®.

The real estate board noted in its most recent housing summary that inventory levels continued to rise in May due to an increase in new listings and decrease in sales.

As a result, the benchmark price in the city decreased for the eighth consecutive month to $439,700. May's price represents a 0.3 per cent decline from last month, and four per cent from last year.

For the full report, click here.

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