
Calgary's trusted source of real estate news, advice and statistics since 1983.
News
Dec. 02, 2015 | Gerald Vander Pyl
Cochrane unveils shop local initiative
Designed to promote sustainable community
The Town of Cochrane has launched a new campaign that encourages residents to shop local and support the community as a place to live, work and play.
Dubbed Proudly Cochrane, the initiative is designed to highlight the shopping opportunities that exist within the town of more than 20,000 residents, said economic development manager Mike Korman.
"It's really about being proud to come home from wherever we work and to shop at the local stores – (to) just sort of create a little buzz," he said, noting the campaign is supported through the hashtag #shopcochrane on Twitter, Facebook and Instagram, as well as via testimonials at www.cochrane.ca/ShopCochrane.
The Town of Cochrane has launched a new campaign that encourages residents to shop local and support the community as a place to live, work and play.
Dubbed Proudly Cochrane, the initiative is designed to highlight the shopping opportunities that exist within the town of more than 20,000 residents, said economic development manager Mike Korman.
"It's really about being proud to come home from wherever we work and to shop at the local stores – (to) just sort of create a little buzz," he said, noting the campaign is supported through the hashtag #shopcochrane on Twitter, Facebook and Instagram, as well as via testimonials at www.cochrane.ca/ShopCochrane.
News
Dec. 01, 2015 | CREBNow
Housing market conditions favour buyers: CREB®
Weak sales activity relative to inventory places downward pressure on prices
Persistently high inventory levels within Calgary's residential resale housing market, combined with weak sales activity, contributed to buyers' conditions in November, according to CREB®'s monthly housing summary, released Tuesday.
Monthly sales totaled 1,263 units, a 28 per cent decline from last year and nearly 20 per cent below the 10-year average.
Meanwhile, the amount of new listings in the market increased by five per cent over last November, and moved five per cent above 10-year average.
Persistently high inventory levels within Calgary's residential resale housing market, combined with weak sales activity, contributed to buyers' conditions in November, according to CREB®'s monthly housing summary, released Tuesday.
Monthly sales totaled 1,263 units, a 28 per cent decline from last year and nearly 20 per cent below the 10-year average.
Meanwhile, the amount of new listings in the market increased by five per cent over last November, and moved five per cent above 10-year average.
News
Nov. 30, 2015 | Gerald Vander Pyl
Community rinks reborn
Tradition continues thanks to civic and volunteer support
Skating in the great outdoors is as Canadian as hockey sticks and double-doubles – a tradition that is now thriving in Calgary thanks to renewed civic support and the ongoing dedication of community volunteers.
The City of Calgary reports that outdoor skating rinks are experiencing a resurgence in the city, supported by a number of initiatives that encourage communities to take ownership of their facilities.
More than 35 communities have signed up for the Adopt A Rink program this year, where the City provides boards to allow flooding on an ice surface, which is then maintained by community volunteers.
Skating in the great outdoors is as Canadian as hockey sticks and double-doubles – a tradition that is now thriving in Calgary thanks to renewed civic support and the ongoing dedication of community volunteers.
The City of Calgary reports that outdoor skating rinks are experiencing a resurgence in the city, supported by a number of initiatives that encourage communities to take ownership of their facilities.
More than 35 communities have signed up for the Adopt A Rink program this year, where the City provides boards to allow flooding on an ice surface, which is then maintained by community volunteers.
News
Nov. 30, 2015 | Carl Patzel
Airdrie approves new lake community
Lanark to house nearly 3,300 residents
Airdrie has approved the first phase of a neighbourhood structure plan in the city's southeast that will be the future home for nearly 3,300 residents.
Dubbed Lanark, the lake community will be located on a 66-hectare parcel of land south of Ravenswood and east of King's Heights and feature more than 1,200 units.
Developer Melcor Development envisions Lanark becoming Airdrie's first fresh-water lake community.
Airdrie has approved the first phase of a neighbourhood structure plan in the city's southeast that will be the future home for nearly 3,300 residents.
Dubbed Lanark, the lake community will be located on a 66-hectare parcel of land south of Ravenswood and east of King's Heights and feature more than 1,200 units.
Developer Melcor Development envisions Lanark becoming Airdrie's first fresh-water lake community.
News
Nov. 30, 2015 | Cody Stuart
Q&A with East Village resident ambassador
Zoey Duncan is what you might call an engaged citizen. Having showcased her unique commentary on Calgary life through social media and blog zoeywrites.com, it didn't come as a major surprise when she was chosen as the East Village's first resident ambassador.
Having now added the ability to survey city life from high above, CREB®Now caught up with Duncan to find out what's going on in and around Calgary's "oldest newest neighbourhood."
CREB®Now: ?How exactly did you come to have a rent-free condo in the East Village for a year?
Duncan: The Calgary Municipal Land Corp. (the brains behind East Village) began a competition earlier this year in search of an East Village resident ambassador – someone who could see the revitalized neighbourhood through the eyes of a resident and share it with the rest of the world.
Having now added the ability to survey city life from high above, CREB®Now caught up with Duncan to find out what's going on in and around Calgary's "oldest newest neighbourhood."
CREB®Now: ?How exactly did you come to have a rent-free condo in the East Village for a year?
Duncan: The Calgary Municipal Land Corp. (the brains behind East Village) began a competition earlier this year in search of an East Village resident ambassador – someone who could see the revitalized neighbourhood through the eyes of a resident and share it with the rest of the world.
News
Nov. 30, 2015 | Caitlin Crawshaw
Home is where the dog park is
From Chaparral to Sage Hill, off-leash areas are becoming more common in Calgary neighbourhoods
A few years ago, Amy Malke bought her first place: a condo downtown, just two blocks from River Park. Although she didn't have a dog at the time, she'd often wander through the off-leash area and dream of having a pup of her own.
That dream was realized much sooner than she'd expected. Six months after moving in, she adopted her beloved Schnauzer, Maximus, from a colleague whose child was allergic. After that, she frequented the park daily — and not just for Max's enjoyment.
"One of my friends calls [the dog park] his third space. There's work, there's home and there's a third space — a place you go to every day or even a few times a week, that's not work or home," she said. "Some people have a coffee shop. Others have church. But for dog people, it's the dog park."
A few years ago, Amy Malke bought her first place: a condo downtown, just two blocks from River Park. Although she didn't have a dog at the time, she'd often wander through the off-leash area and dream of having a pup of her own.
That dream was realized much sooner than she'd expected. Six months after moving in, she adopted her beloved Schnauzer, Maximus, from a colleague whose child was allergic. After that, she frequented the park daily — and not just for Max's enjoyment.
"One of my friends calls [the dog park] his third space. There's work, there's home and there's a third space — a place you go to every day or even a few times a week, that's not work or home," she said. "Some people have a coffee shop. Others have church. But for dog people, it's the dog park."
News
Nov. 29, 2015 | Cara Casey
Hearts and Hammers
Local real estate professional leads change for mobility-challenged Calgarians
For Dave Bonk, 2012 was a year that made him rethink his life's purpose. After building a successful real estate business specializing in rental properties and fixer-uppers, he realized he needed an outlet to help give back to the community.
"One of the things that my company does is buy dilapidated properties and renovate them," said Bonk. "We were buying properties in foreclosure and I was seeing the condition that people were living in. It was unimaginable."
After throwing a few ideas around with his business associates, contractors and other acquaintances, Hearts and Hammers was born.
For Dave Bonk, 2012 was a year that made him rethink his life's purpose. After building a successful real estate business specializing in rental properties and fixer-uppers, he realized he needed an outlet to help give back to the community.
"One of the things that my company does is buy dilapidated properties and renovate them," said Bonk. "We were buying properties in foreclosure and I was seeing the condition that people were living in. It was unimaginable."
After throwing a few ideas around with his business associates, contractors and other acquaintances, Hearts and Hammers was born.
News
Nov. 29, 2015 | Cody Stuart
Five things about affordable housing
Several recent events have highlighted the need for increased awareness for affordable housing in Canada. Along with National Housing Strategy Day, which took place on Nov. 22, 11 local homebuilders and developers were recently recognized for their contributions to the Resolve campaign, which helps house those in need.
To help shed some light on the need for more affordable housing, CREB®Now examines some of the numbers surrounding efforts to combat homelessness in Calgary and Canada.
3,500
According to the Calgary Homeless Foundation, the city's homeless population numbered 3,555 in October 2014, with a further 15,600 households defined as being at extreme risk. Of that 3,555, the number of those ages 17 and under was 434, with nearly half of those (198) under the age of five.
To help shed some light on the need for more affordable housing, CREB®Now examines some of the numbers surrounding efforts to combat homelessness in Calgary and Canada.
3,500
According to the Calgary Homeless Foundation, the city's homeless population numbered 3,555 in October 2014, with a further 15,600 households defined as being at extreme risk. Of that 3,555, the number of those ages 17 and under was 434, with nearly half of those (198) under the age of five.
News
Nov. 27, 2015 | CREBNow
Council votes to change secondary suite regulations
Relaxation on lot size, floor space
It's going to be a little easier for Calgarians looking to add a legal secondary suite to their property.
In the latest development in the ongoing secondary suite saga, council has voted to relax the regulations on lot size and increase the amount of floor space allowed in the suites. The change was initiated by councillors Andre Chabot and Gian-Carlo Carra, who brought forward a motion to change the regulations.
It's going to be a little easier for Calgarians looking to add a legal secondary suite to their property.
In the latest development in the ongoing secondary suite saga, council has voted to relax the regulations on lot size and increase the amount of floor space allowed in the suites. The change was initiated by councillors Andre Chabot and Gian-Carlo Carra, who brought forward a motion to change the regulations.
News
Nov. 26, 2015 | Joel Schlesinger
The LRT bump
As city plans next phase, new study reveals light-rail transit has positive effect on property prices
Light-rail transit could boost the value of your home. At least that's the general finding of a new study from the University of Calgary.
According to new research obtained exclusively by CREB®Now and completed by Economics master's degree student Laura Dick, LRT line development has had a modestly positive effect on the price of housing located close to stations along new lines in Calgary.
"Properties within zero to 500 metres of a station saw, on average, an increase in sales price of about 1.5 per cent compared to properties that are 2,000 metres or more away from a station," said Dick, whose recently completed work is still to be published in an academic journal.
Light-rail transit could boost the value of your home. At least that's the general finding of a new study from the University of Calgary.
According to new research obtained exclusively by CREB®Now and completed by Economics master's degree student Laura Dick, LRT line development has had a modestly positive effect on the price of housing located close to stations along new lines in Calgary.
"Properties within zero to 500 metres of a station saw, on average, an increase in sales price of about 1.5 per cent compared to properties that are 2,000 metres or more away from a station," said Dick, whose recently completed work is still to be published in an academic journal.












