Under these current circumstances, we understand that it is not business as usual.

CREB^® continues to take precautions in making sure its REALTORS^® and the public they serve remain healthy and safe. The well-being of the public and our members remains our top priority.

In an unscheduled move, the Bank of Canada (BoC) recently announced it was cutting its overnight lending rate to 0.75 per cent, effective March 16. The move was made to counter the negative economic repercussions of the COVID-19 pandemic and plummeting oil prices.

All the approvals are in place and all systems are go for the new southeast community of Belvedere, which will deliver more than 1,500 homes in the coming years.

Moez Moledina, general manager for Belvedere developer Tristar Communities, said the intention is to start stripping and grading the site by the middle of April or as soon as the weather allows.

This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late '90s.

With the extra day this February, monthly sales totaled 1,197 units.  A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years.

The lands that became northwest Calgary's Mount Pleasant community were annexed by the City in 1910, making it one of Calgary's older neighbourhoods. When development began in the area in 1912, Calgary's population numbered fewer than 50,000 people.

If you think year-round outdoor living is out of reach for Calgarians, you haven't paid a visit to the new community of Rockland Park.

As northwest Calgary's first master-planned community in more than 10 years, Rockland Park draws on open spaces, well-tended parks, and a network of trails and pathways to craft a four-season recreation hub.

For a variety of reasons, some people need to sell their home quickly. This motivation might lead some homeowners to explore options beyond the traditional resale market.

In these situations, "cash for homes" offers can be an enticing option for sellers who are on the clock.

When it comes to homeownership these days, one of the biggest and most talked about issues is affordability. This issue is particularly relevant when it comes to a generation of young Canadians that many people say is struggling to enter the marketplace due to the high costs of owning a home.

However, like anything else in this country, affordability is relative and truly dependent on context. If you're a millennial or a potential first-time homebuyer of any stripe, you're much better off entering the market in Calgary than other major centres like Vancouver or Toronto.

The new southwest community of Hudson in Creekstone makes the most of its spectacular setting – perched on a ridge overlooking the Pine Creek coulee with the Rocky Mountains in the distance.

Dennis Inglis, development manager with Highfield Land Management, says the community's location alongside a protected reserve means its scenic surroundings are here to stay, unlike some new communities where development eventually encroaches on natural lands.