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News
Jan. 31, 2013 | CREBNow
Arrowwood School reopens after April 2012 fire
The Arrowwood Community School had its grand reopening today, less than a year after being ravaged by a fire started by an arsonist in April of last year.
About 200 people gathered in the school's gymnasium to celebrate the reopening as several school board members, members of the community spoke and classes recited poems or sang songs.
About 200 people gathered in the school's gymnasium to celebrate the reopening as several school board members, members of the community spoke and classes recited poems or sang songs.
News
Jan. 31, 2013 | Cody Stuart
Seniors Facing Possible Housing Pinch
Once thought of as one of Canada's youngest cities, Calgary's aging population could have implications on the city's real estate industry.
In 2011, the first wave of Calgary's 268,000 baby boomers – those born between 1945 and 1965 - turned 65.
It is estimated that there are around 100,000 seniors living in Calgary, a number that comprises roughly 10 per cent of the city's entire population. While it has taken a full 70 years for Calgary seniors to climb from five per cent to 10 per cent of the population, estimates suggest it will only take 30 years to climb to almost 20 per cent of the population by 2040.
In 2011, the first wave of Calgary's 268,000 baby boomers – those born between 1945 and 1965 - turned 65.
It is estimated that there are around 100,000 seniors living in Calgary, a number that comprises roughly 10 per cent of the city's entire population. While it has taken a full 70 years for Calgary seniors to climb from five per cent to 10 per cent of the population, estimates suggest it will only take 30 years to climb to almost 20 per cent of the population by 2040.
News
Jan. 31, 2013 | CREBNow
Government Announces Lending Changes for Social Housing Projects
The Government of Canada has announced changes to the Canada Mortgage and Housing Corporation's (CMHC) lending programs supporting existing social housing projects.
The Government — effective immediately — will be accepting the prepayment of closed CMHC mortgages with a yield maintenance prepayment penalty consistent with private lending institutions for eligible existing social housing projects that require capital repairs and renovations.
The Government — effective immediately — will be accepting the prepayment of closed CMHC mortgages with a yield maintenance prepayment penalty consistent with private lending institutions for eligible existing social housing projects that require capital repairs and renovations.
News
Jan. 30, 2013 | Cody Stuart
Report Suggests Office Activity to 'Surge' in 2013
Growth is the key word in a report outlining Calgary's office, industrial, commercial and multi-residential sectors from one of Canada's leading fully integrated real estate organizations.
In Morguard's 2013 Canadian Economic Outlook and Market Fundamentals Research Report, Calgary was singled out as one of the best markets in the country, with the organization predicting even more expansion in the coming year.
In Morguard's 2013 Canadian Economic Outlook and Market Fundamentals Research Report, Calgary was singled out as one of the best markets in the country, with the organization predicting even more expansion in the coming year.
News
Jan. 30, 2013 | CREBNow
Inner City Living
From its borders to its centre, Calgary's inner city is home to some of the city's most storied historical sites and bustling neighbourhoods; and is continually sought out by an eclectic group of homeowners and renters alike.
Bankview resident Vanessa Vegter loves the fact her community is both affordable and conveniently located near 17th Avenue and several city bus routes.
Bankview resident Vanessa Vegter loves the fact her community is both affordable and conveniently located near 17th Avenue and several city bus routes.
