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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

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Jan. 22, 2015 | CREBNow

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Jan. 21, 2015 | Cody Stuart

Keeping clean in 2015

New Year, New Home is a three-part series on how to refresh your home in 2015

For many, the arrival of another new year means the arrival of New Year's resolutions. While most involve losing a few pounds, there are others that surround shedding of a different sort.

Using a new calendar year as the impetus for cleaning closets and gutting garages, CREB®Now has compiled a list of tips to help rid your home of  all those odds, ends and extras that tend to pile up over time.
News

Jan. 21, 2015 | Nolan Matthias

O'Leary and replacing fixed income

Rising interest rates likely to threaten bonds

nolanShark Tank star Kevin O'Leary took the stage to much fanfare last week at CREB®`s annual  Forecast Conference and Tradeshow breakfast, providing level-headed commentary on  entrepreneurship, investing and, of course, real estate.

What intrigued many was O'Leary's approach to a balanced portfolio and the suggestion real estate is a suitable replacement for fixed income products such as government bonds.
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Jan. 21, 2015 | Cody Stuart

Calgary commercial output 'still positive'

Oil prices to impact commercial, retail and industrial sectors

Declining oil prices are expected to create added challenges for Calgary's commercial market over the next 12 to 24 months, according to a new report from commercial real estate firm Avison Young.

Yet, the report also notes that because the city is home to one of the "most productive and best-paid workforces in the country" where average weekly earnings increased 5.1 per cent year-over-year to August 2014, the long-term outlook for the local business community is still positive.
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Jan. 21, 2015 | CREBNow

New year brings changes to CREB stats

Will add 'consistency' to housing stock numbers

Seeking to provide consumers and industry experts with a better picture of Calgary's housing market, CREB has altered some of the categories in its monthly housing report.

Prior to the changes, which will appear on the January housing update, the city's housing stock was separated into three categories: single-family, condominium apartment and condominium townhouse.
News

Jan. 21, 2015 | CREBNow

Year of the resident

East Village continues growth in 2015, announces rental offering

Calgary Municipal Land Corp. (CMLC) president and CEO Michael Brown has proclaimed 2015 the Year of the Resident for Calgary's East Village.

Starting out as a blighted area between Inglewood and the downtown, East Village is fast becoming one of Calgary's most sought-after communities.

After being set for revitalization in 2007, the first residents will start moving in this May. Two condo towers in the community, FIRST and Fram + Slokker will open in May and August respectively, to about 800 of East Village's newest residents.
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Jan. 21, 2015 | CREBNow

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Jan. 21, 2015 | CREBNow

Overnight rate lowered after more than four years

For the first time since September 2010, the Bank of Canada has changed the overnight interest rate. By decreasing it.

The rate is now 0.75 per cent.

In a release from the bank:
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Jan. 20, 2015 | CREBNow

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Jan. 19, 2015 | CREBNow

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