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Stories Tagged - Calgary

News

June 06, 2014 | CREBNow

Morning news rundown

News

June 04, 2014 | CREBNow

Diamond in the rough

Bowness resident pushing for former Gas Plus site to become public greenspace

While the province has stepped in to remediate a former gas station site in Bowness, one resident is looking to take the site's future one step further – as a public greenspace.

Morgan Maher, a resident of Bowness for several years, first became aware of the Gas Plus site – located on Bowness Road and 63rd Street N.W. – when 9,000 litres of gasoline spread into surrounding soil from an underground tank. The spill was so bad, three homes near the site were declared uninhabitable by Alberta Health Services due to gasoline vapours.
News

June 04, 2014 | CREBNow

Record-setting May

Residential sales for last month, highest ever recorded in Calgary

Calgary's residential housing market continued its upward surge last month with a record-setting May that saw a 16 per cent increase in sales.

A combined 2,948 single- and multi-family homes switched hands last month, compared with 2,535 in May 2013. This year's total represents the most sales in May in Calgary's history.
News

June 04, 2014 | Cody Stuart

A tale of two cities

Contrasting secondary suite acceptance in Alberta's two major centres

* Part three of a three part series on secondary suites in Calgary 

Once restricted to hockey rinks and football fields, the Battle of Alberta is now playing out on the streets of the province's two major cities.

While the final score is not in yet, Edmonton has jumped out as the early leader in its acceptance of legal secondary suites.
News

June 02, 2014 | CREBNow

May day

May sales activity highest ever recorded for Calgary

There were 2,948 sales in Calgary in May, a 16 per cent increase compared to the same time last year.

The numbers are the highest recorded in Calgary for that month, ever.

"Strong sales activity is a reflection of improving fundamental conditions such as a growing population, favourable lending rates and rising wages," said Ann-Marie Lurie, CREB's chief economist. "Leading up to May, resale market sales were somewhat restricted by a lack of choice. However, recent price gains have encouraged growth in new listings, helping meet some of the housing demand."
News

May 28, 2014 | Cody Stuart

Changes coming to public art policy

New rules will see spending capped, more people on art jury

The City of Calgary is making changes to its public art policy following a controversial $471,000-project Mayor Naheed Neshi has called "awful."

Under the old policy, the city's "per cent for public art" was calculated at one per cent of the total capital project costs for City capital budget projects over $1 million. The new policy will see the same spending level for projects under $50 million, dropping to 0.5 per cent on projects in excess of $50 million.
News

May 28, 2014 | Cody Stuart

Second and long

Mayor Nenshi addresses city's secondary suites battle

* Part two of a three part series on secondary suites in Calgary

It was one of the biggest issues heading into his first campaign.

It came up again during his second successful run at office.
News

May 28, 2014 | CREBNow

Lion Awards introducing flood recovery award

Celebrating recognition of heritage conservation, the Calgary Heritage Authority Lion Awards are introducing a new category this year.

In the wake of the flooding in June 2013 the awards, taking place July 31, are introducing a sub-category for flood recovery.
News

May 22, 2014 | CREBNow

Condo craze

Calgary market is hot, hot, hot

Unlike Calgary's weather for most of this year, the city's condo market is scorching hot, said Matthew Boukall, director of residential advisory services with industry analyst Altus Group.

"We're coming off the best year we've had last year and demand remains strong," he said. "There's a lot of pent-up demand for new housing. So from an inventory perspective we're basically absorbing product as it's coming to market. We don't have an oversupply situation whatsoever."
News

May 20, 2014 | CREBNow

Growing concerns

Government report could change rules forcing disclosure of grow-op properties in Alberta

Alberta homebuyers could soon have more protection in place to ensure they don't buy former grow-ops without their knowledge.

Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.

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