
Calgary's trusted source of real estate news, advice and statistics since 1983.
News
Oct. 20, 2015 | CREBNow
Densification, affordability to reshape homebuilding industry: SAIT
Q&A with SAIT Polytechnic School of Construction dean Scott MacPherson
The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.
CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.
The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.
CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.
News
Oct. 19, 2015 | Carl Patzel
Placemaking in the satellites
Urban planners designing with public places in mind
Placemaking, the popular term coined by urban planners to address the management of public spaces, is slowly weaving into the fabric of Calgary's burgeoning satellite communities.
Local planners say the concept, once reserved for major metropolises, is becoming a focal point in the respective redevelopment of their existing spaces and development of new ones.
"It's a key element for us," said Tracy Corbett, manager of planning and sustainable development at the City of Airdrie. "We hear time and time again in our citizen surveys that parks and pathways come out number one on what people really value about Airdrie.
"There are not a lot of natural amenities – a river or a lake. So you have to work a little harder at creating great place and effective placemaking."
Placemaking, the popular term coined by urban planners to address the management of public spaces, is slowly weaving into the fabric of Calgary's burgeoning satellite communities.
Local planners say the concept, once reserved for major metropolises, is becoming a focal point in the respective redevelopment of their existing spaces and development of new ones.
"It's a key element for us," said Tracy Corbett, manager of planning and sustainable development at the City of Airdrie. "We hear time and time again in our citizen surveys that parks and pathways come out number one on what people really value about Airdrie.
"There are not a lot of natural amenities – a river or a lake. So you have to work a little harder at creating great place and effective placemaking."
News
Oct. 16, 2015 | Alex Frazer Harrison
The $17-trillion question
How Calgary is contributing to low-carbon living
It's a number so big, it's hard to comprehend: $17 trillion US.
According to the New Climate Economy report released by the Global Commission on the Economy and Climate, that's how much cities worldwide could realize in direct energy savings by 2050 by investing in low-carbon technologies. This includes public transportation, efficiency in building design and waste management.
Is such a target obtainable?
In 2014, the City of Calgary spent $140 million on energy, just for its own facilities, "to keep our pools warm, our street lights on and our LRTs moving," said Arsheel Hirji, leader of sustainable infrastructure with the City.
It's a number so big, it's hard to comprehend: $17 trillion US.
According to the New Climate Economy report released by the Global Commission on the Economy and Climate, that's how much cities worldwide could realize in direct energy savings by 2050 by investing in low-carbon technologies. This includes public transportation, efficiency in building design and waste management.
Is such a target obtainable?
In 2014, the City of Calgary spent $140 million on energy, just for its own facilities, "to keep our pools warm, our street lights on and our LRTs moving," said Arsheel Hirji, leader of sustainable infrastructure with the City.
News
Oct. 16, 2015 | Cody Stuart
5 things about the federal election
How Calgary fits into parties' promises
As part of the build-up to the upcoming federal election, the City of Calgary has published a new edition of its Cities Matter survey.
Since 2011, Mayor Naheed Nenshi (on behalf of Council and the City) has surveyed candidates and parties during provincial elections to better understand their positions on municipal issues.
CREB®Now delves into some of the issues surrounding Calgary and the responses provided by Canada's major political parties.
As part of the build-up to the upcoming federal election, the City of Calgary has published a new edition of its Cities Matter survey.
Since 2011, Mayor Naheed Nenshi (on behalf of Council and the City) has surveyed candidates and parties during provincial elections to better understand their positions on municipal issues.
CREB®Now delves into some of the issues surrounding Calgary and the responses provided by Canada's major political parties.
News
Oct. 16, 2015 | Cody Stuart
Giving back
'Net-positive' home provides more energy than it uses
When talking about giving back, many people think of volunteer work or assisting in the community. For one Calgary household, however, it means something entirely different.
Situated in the southeast community of Ramsay, Cornelis Koster's home is giving back in the form of energy. Billed as Canada's first net-positive home, it uses several forms of green-friendly technology to not only provide its own heat and power, but also creates a slight excess of electricity.
"We have a 5.5-kilowatt system powering the suite, garage and the house plus we have a surplus," said Koster, who also serves as president of Ironcor Solar.
According to Koster, construction on the project took 17 weeks and came in at a cost of $220,000.
When talking about giving back, many people think of volunteer work or assisting in the community. For one Calgary household, however, it means something entirely different.
Situated in the southeast community of Ramsay, Cornelis Koster's home is giving back in the form of energy. Billed as Canada's first net-positive home, it uses several forms of green-friendly technology to not only provide its own heat and power, but also creates a slight excess of electricity.
"We have a 5.5-kilowatt system powering the suite, garage and the house plus we have a surplus," said Koster, who also serves as president of Ironcor Solar.
According to Koster, construction on the project took 17 weeks and came in at a cost of $220,000.
News
Oct. 14, 2015 | Cody Stuart
5 things about Calgary's Vital Signs survey
The Calgary Foundation has released its annual Vital Signs report. The yearly check-up measures Calgarians' quality of life across six categories, with this year's report revealing the 1,819 Calgarians polled for the report were on average less happy than they were in 2014.
Along with Calgarians being a tad more melancholy, CREB®Now explores some of the other findings in this year's report.
Living Standards: Receiving an overall grade of C+ in this year's report, the top housing concern listed by Calgarians was improving the affordability of rental housing, with 26 per cent of respondents citing it as their primary worry.
Along with Calgarians being a tad more melancholy, CREB®Now explores some of the other findings in this year's report.
Living Standards: Receiving an overall grade of C+ in this year's report, the top housing concern listed by Calgarians was improving the affordability of rental housing, with 26 per cent of respondents citing it as their primary worry.
News
Oct. 14, 2015 | Barbara Balfour
Outside the box
Lobby Box addresses condo obstacles
Condominium corporation rules surrounding key-storage systems that provide real estate professionals and their buyers with access to properties for sale are often creating unsafe conditions, say industry officials.
"The condominium corporation prescribes where the lockbox may be placed according to condo bylaws, and it's not always in the most ideal location in terms of safety," said Lisa Roberts, manager of Member Programs at CREB®.
"In this situation, safety can be viewed through two aspects – in cold weather, having to walk down an alleyway where the pavement is icy, or through an area that is not well lit or well trafficked in order to retrieve the keys and show the property that is listed for sale."
Condominium corporation rules surrounding key-storage systems that provide real estate professionals and their buyers with access to properties for sale are often creating unsafe conditions, say industry officials.
"The condominium corporation prescribes where the lockbox may be placed according to condo bylaws, and it's not always in the most ideal location in terms of safety," said Lisa Roberts, manager of Member Programs at CREB®.
"In this situation, safety can be viewed through two aspects – in cold weather, having to walk down an alleyway where the pavement is icy, or through an area that is not well lit or well trafficked in order to retrieve the keys and show the property that is listed for sale."
News
Oct. 14, 2015 | Joel Schlesinger
Third and long
With the unveiling of CalgaryNEXT, the storied stadium's days may be numbered, in turn creating a rare opportunity for high-density inner-city development
CalgaryNEXT, the proposed $890-million home of the Calgary Flames and Calgary Stampeders, may mark a new chapter for the city's pro and amateur sports community.
Yet it could also spell the end of McMahon Stadium, one of Calgary's most hallowed landmarks, and create a development opportunity that many experts say is rare in a city this size.
"It's an interesting situation because it doesn't happen often that you have a large piece of land in the inner city ready to be developed," said Bryan Romanesky, a former city planner and CEO of City Trend, a planning and permit firm.
CalgaryNEXT, the proposed $890-million home of the Calgary Flames and Calgary Stampeders, may mark a new chapter for the city's pro and amateur sports community.
Yet it could also spell the end of McMahon Stadium, one of Calgary's most hallowed landmarks, and create a development opportunity that many experts say is rare in a city this size.
"It's an interesting situation because it doesn't happen often that you have a large piece of land in the inner city ready to be developed," said Bryan Romanesky, a former city planner and CEO of City Trend, a planning and permit firm.
News
Oct. 13, 2015 | Alex Frazer Harrison
The CTrain effect
Analysis shows inner-city real estate prices uneffected by LRT
Since 1981, the CTrain has transformed how Calgarians get around town.
Yet what impact has the city's light-rail transit system had on property values?
And do they truly become selling features when buying or selling homes?
An analysis of inner-city communities along the West LRT line, which opened in December 2012, show average benchmark home prices reported by CREB® in neighbourhoods such as Spruce Cliff and Killarney saw increases on par with communities not immediately adjacent to the line such as Altadore and South Calgary.
Since 1981, the CTrain has transformed how Calgarians get around town.
Yet what impact has the city's light-rail transit system had on property values?
And do they truly become selling features when buying or selling homes?
An analysis of inner-city communities along the West LRT line, which opened in December 2012, show average benchmark home prices reported by CREB® in neighbourhoods such as Spruce Cliff and Killarney saw increases on par with communities not immediately adjacent to the line such as Altadore and South Calgary.
News
Oct. 09, 2015 | CREBNow
A buyer's market?
Conditions shift in September, according to CREB®
Housing statistics from September confirm that unbalanced conditions in some areas of Calgary's resale residential market are starting to push the entire sector into buyers' territory, according to CREB®.
Driven by excess inventory in the apartment sector, the overall market's sales-to-new-listings ratio — a key indicator of a buyer's market — declined further in September to 47 per cent, according to the board. That means less than five out of every 10 new listings sold during the month.
In August, the ratio hovered around 60 per cent, which was firmly in balanced conditions, according to CREB® chief economist Ann-Marie Lurie.
Housing statistics from September confirm that unbalanced conditions in some areas of Calgary's resale residential market are starting to push the entire sector into buyers' territory, according to CREB®.
Driven by excess inventory in the apartment sector, the overall market's sales-to-new-listings ratio — a key indicator of a buyer's market — declined further in September to 47 per cent, according to the board. That means less than five out of every 10 new listings sold during the month.
In August, the ratio hovered around 60 per cent, which was firmly in balanced conditions, according to CREB® chief economist Ann-Marie Lurie.












