Thanks to a $4 million investment, seniors, families and persons with disabilities in Calgary have more affordable housing thanks to the completion of the Victoria Gardens development.

The development was made possible thanks to the investment from the Government of Canada and the Government of Alberta.

Calgary and area's resale housing market is expected to continue to grow in the latter half of 2012, but at a slower pace than the first seven months of the year CREB® said in its mid-year update.

In an update of its forecast, CREB® said Calgary's resale housing market is expected to continue to grow but at a slower pace in the latter half of 2012.

Calgary, along with Toronto and Oshawa, was a "top contributor" to a 0.2 per cent increase in Canada's New Housing Price Index (NHPI) for June.

According to Statistics Canada, "improving market conditions" along with increased material and labour costs were the main reasons for the rise.

From energy efficient light bulbs to Net Zero neighbourhoods to cleaning supplies, ecological friendly products are making their mark with homeowners.

As far as eco-friendly homeowners go, CREB® HomeSmarts — an extension of the Go Green project — familiarizes REALTORS® with energy standards as well as allowing them to use green features as part of property searches for potential homeowners.

According to a report by Laurentian Bank Securities economic growth within Alberta and Saskatchewan is expected to outpace Canada's other provinces and territories.

The Provincial Monitor stated the two Prairie Provinces will be the driving force behind the national average while the central and eastern provinces will report a weaker performance than the national average.