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Stories Tagged - Calgary

News

Oct. 14, 2014 | CREBNow

Making a case for housing

Calgary Chamber comes out in support of secondary suites

The Calgary Chamber of Commerce has come out in support of secondary suites in the city – a hot-button topic that has dominated city council's agenda over the past several months.

"The Chamber, in particular, is in support of the further legalization of secondary suites because there's a strong business case to do it," said Justin Smith, director of policy, research and government relations.

"Mainly, there's a strong business case in having an affordable rental market in a city to attract new labour. and to also retain talented labour to make sure you have an affordable city overall."
News

Oct. 08, 2014 | CREBNow

Aging debate

Calgary's secondary suite saga continues, focus turns to ageing in place

It just might be the suite that broke the camel's back.

City council debated rezoning one secondary suite for more than three hours on Oct. 6, leaving many since then to further question the process surrounding the issue.

Several residents from the northwest community of North Haven appeared before council to speak against an application to rezone property to include a secondary suite. Included in those speaking against was Sonya Staveley who lives between Nesbitt and Nolan roads, an area zoned RC-1, not allowing secondary suites. She said it's the process of filing for secondary suites that needs to change.
News

Oct. 08, 2014 | Cody Stuart

'Excuse me while I kiss the sky'

* Part three of three in Calgary's Growing Up series

Calgary's commercial sector riding high with innovative designs, added amenities

It's tough to keep tabs on Calgary's skyline these days.

With new buildings breaking ground every week in an area already adorned with construction cranes, it's no surprise the city's commercial sector ranks as one of Canada's most active.

With 791,344 square feet of office space leased through the first nine months of 2014, and another 3.8 million of square feet under construction, it's not simply the amount of leasing activity taking place in downtown Calgary, but the stature of those building yet to be constructed.
News

Oct. 08, 2014 | Donna Balzer

Mulching made simple

Rules to follow when using Mother Nature's cover for the winter

The word on mulching is out.

Mulching in the fall is not a minefield-free activity. In fact, it can be a whole lot of work for a whole lot of nothing if not done right.

Taking a step back, mulching is largely about the use of organic materials such as leaves or bark to cover ground over perennials, trees and shrubs.
News

Oct. 08, 2014 | CREBNow

In Quotes: East Village construction update

News

Oct. 01, 2014 | CREBNow

CREB: Condo sector boosts Calgary resale activity

Calgary's condo sectors continue to set the pace for the city's residential resale housing market, which recorded 2,148 sales in September, nearly 12 per cent higher than the same period last year.

"September's sales growth was stronger than expected, due largely to a surge in condominium apartment and townhouse sales," said CREB® chief economist Ann-Marie Lurie, who credits Calgary's strong economy and fewer options in the lower-priced single-family market behind the continued demand.
News

Oct. 01, 2014 | Cody Stuart

High hopes

Calgary's commercial sector still among nation's busiest markets

With cranes a seemingly permanent fixture of Calgary's growing skyline, it's of little surprise the city's commercial market has been one of Canada's busiest.

According to a report from commercial real estate services and investment firm CBRE Ltd., demand for office space in Calgary and Toronto has contributed to a decline in the national office vacancy rate, which fell for the first time in two years during the third quarter of 2014.

"The Canadian economy may not be firing on all cylinders, but the Toronto and Calgary office markets turned out quite a performance last quarter," said CBRE chairman John O'Bryan.
Altus Group expects Calgary's apartment sector to be hit the hardest this year. CREB®Now file photo.
News

Oct. 01, 2014 | CREBNow

Growing up: Residential market at a 'tipping point'

Calgary's housing market continues to come of age

* Part two of three in the CREB®Now real estate news' latest series Growing Up

Calgary's increasingly sophisticated housing market is crossing a vital threshold following RioCan Investment Trust and Embassy BOSA's recent announcement of a $300-million 500-unit condo project for the burgeoning East Village, according to industry experts.

"Calgary is on the tipping point right now, with condo living becoming a more sought after alternative to suburban life," said Embassy BOSA president Ryan Bosa in announcing the new development at Sixth Avenue and Third Street. S.E. "The future of Calgary is up not out, and developments like the East Village showcase how Calgary is creating vibrant, sustainable communities."
News

Oct. 01, 2014 | CREBNow

Prentice talks flooding

Premier announces two new mitigation projects while Mayor Nenshi expresses some concerns

Alberta Premier Jim Prentice has given the go-ahead for two flood- mitigation projects to protect High River and Calgary from future flooding.

"The waters receded more than a year ago, but for many Albertans last summer's floods are far from over," he said. "Those directly affected by this disaster have told me they expect their government to act faster to help them feel safe in their communities and get on with their lives."
News

Oct. 01, 2014 | CREBNow

Devil is in the details

Expert says Calgary home inspections should be mandatory

When first-time homeowner Mario DeMarco made the "largest purchase" of his life, he wanted to ensure there were no surprises – that there would not be any major issues with the property before he signed on the dotted line.

DeMarco quickly turned to a home inspector – a move he credits as key in contributing to what turned out to be a smooth buying process.

"[It was] one of the few times in the process that I had the ability to control the situation," he said of purchasing his condo in Lower Mount Royal. "It is no different than getting an inspection on a used car before purchasing it. I wanted to know if there was water damage, electrical issues, plumbing issues..."

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