Calgary was the top choice in the categories of investment, development and homebuilding for the second year in a row, according to survey respondents.

The Emerging Trends in Real Estate report by PwC and the Urban Land Institute said, "Holding the top spot for both investment and development, Calgary moved into first place for homebuilding as well."

Casting light on Calgary's current rental crunch, a new report shows there were fewer purpose-built apartments built in Calgary than in any other major city in Canada between 2006 and 2011.

As shown in the report released by the Altus Group, there were only 800 purpose-built rental apartments built in Calgary between 2006 and 2011. The number places Calgary last amongst the markets surveyed for rental apartment construction.

Calgary homeowners have a new high-tech tool to help them save money and reduce their impact on the environment.

Aimed at improving urban energy efficiency, the HEAT (Heat Energy Assessment Technologies) project visualizes the amount and location of waste heat leaving homes and communities by using thermal imaging.