Buoyed by net migration, job prosperity and low mortgage rates, MLS® sales in Calgary this year are expected to reach their highest level since 2007, before increasing even further in 2013.

As outlined in the Canada Mortgage and Housing Corporation's (CMHC) annual Calgary Housing Outlook Conference, which took place Nov. 20 at the BMO Centre, Richard Cho, CMHC's senior market analyst for Calgary, said sales in Calgary should increase by almost 16 per cent in 2012 to 26,000 units, rising by another 500 units in 2013 to 26,500.

"Today's youth are growing up in an era of complexity and uncertainty. Changes have delayed, or even destroyed, the landmarks that once signaled a transition from one phase of life to another."
-vitalsignscanada.ca

The dream is to own a home. You work really hard to graduate college or to learn a trade and then you save up enough for a down payment on your first home, sounds simple enough. However, buying a home gets tricky. If you live in Calgary it's a challenging task, becoming more challenging in the last five years or so.

MARK on Tenth, a $100 million condominium project by Qualex- Landmark has been announced for Tenth Avenue and Eighth Street SW in Calgary.

The first stage in construction has commenced with crews beginning to dismantle the existing building on the site, which was formerly West Canadian Graphics.

The BMO Retirement Institute has released a report stating one-third of baby boomers are planning to sell their home to help fund their retirement.

The report, which examines the relationship between Canadians readiness for retirement and their attitudes regarding home ownership, found 32 per cent of respondents believe living comfortably in retirement is the most financial accomplishment to achieve over a lifetime but 40 per cent are not confident they can save enough to fund their ideal retirement lifestyle.

Some Calgarians have been known to grumble about the length of the winter versus summer seasons in the city. What most can agree on is that no matter what time of year, there's no shortage of sunshine.

Ongoing for a year now, ENMAX Energy's Generate Choice program offers affordable solar and wind power for the home thanks to funding from the Climate Change and Emissions Management Corporation.