Price growth eases as supply improves

Calgary's hot condominium market helped fuel a 10 per cent increase in Calgary's residential resale housing market in October.

Overall sales for the month totaled 2,147 units, compared with 1,948 during the same period last year, according to the latest statistics from CREB®.

"Two consecutive years of relatively strong employment and population growth, combined with rising wages and low lending rates, have supported demand growth in our housing sector," said CREB® chief economist Ann-Marie Lurie.

Best options beyond five-year terms

 With interest rates remaining at all-time lows and, for the first time in years, staying that  way this fall, some consumers are starting to wonder whether a five-year fixed mortgage is    the best option – especially given recent news of payout penalty nightmares.

As a result, we have selected our top three non five-year mortgage products for the fall market.

Part three of a three-part series looking at the sinister and spooky side of Calgary's haunted housing history.

Serving as a place of work for more than 140,000 Calgarians, it may go unnoticed that the majority of this city's historic buildings also reside downtown.

Lurking among the plethora of glass-and-steel towers representing the core's newer additions are buildings that have managed to withstand the test of time. And, along the way, many of these same structures have managed to pick up a story or two surrounding their long - and sometimes eerie - history.

Airdrie's housing market on pace for record year

Housing affordability and changing lifestyle choices are fueling double-digit growth in Airdrie.

The city's residential resale housing market recently posted its best third quarter ever, with sales activity jumping 16 per cent to 455 units between July and September, according to CREB®. Year-to-date sales, meanwhile, have increased by 28 per cent to 1,354 units compared to the same period in 2013.

Some tips of the trade for making Canada your home

* This is the third of a four-part homebuying series for new Canadians in partnership with the Epoch Times. Each month, the series will explore hot topic issues such as understanding market trends, processes for buying a home, determining factors that influence house prices and more.

More than five dozen Calgarians from 24 different countries joined hundreds of others across the country in becoming Canadian citizens earlier this month as part of National Citizen Week in Canada Oct. 13-21.

To mark the occasion, CREB®Now is offering some tips on getting settled and, ultimately, finding that perfect place to call home.

Shopping communities within communities popping up all over Calgary

All over Calgary, a trend has begun.

Communities that once would've used a simple strip mall to provide residents with amenities are increasingly turning retail offerings into miniature town centres, plazas and High Streets, creating communities within communities.

Brookfield Residential recently announced its southeast community of Seton would be throwing their hat in the power strip pile, with plans for more than 800,000 square feet of retail space.