Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - Housing Market
News
Feb. 22, 2021 | Natalie Noble
What's old is new again: adaptive reuse one solution to Calgary's downtown office vacancies
Ongoing economic challenges, shrinking population growth and a pandemic that won't go away add up to a downtown Calgary office market facing critical vacancy rates.
One solution is adaptive reuse: the conversion of vacant office space into residential projects. The University of Calgary's School of Public Policy recently published a research paper exploring the challenges and opportunities surrounding adaptive reuse and how it could make a major difference in the city's downtown core.
One solution is adaptive reuse: the conversion of vacant office space into residential projects. The University of Calgary's School of Public Policy recently published a research paper exploring the challenges and opportunities surrounding adaptive reuse and how it could make a major difference in the city's downtown core.
News
Feb. 01, 2021 | CREBNow
January 2021: sales activity signals strong start to the year
January sales were the highest they have been for the month since 2014, as housing market momentum from the end of 2020 carried over into the start of 2021.
News
Feb. 01, 2021 | Mario Toneguzzi
Rock-bottom interest rates throughout 2021 could nudge even more Calgarians into the housing market
Historically low interest rates are helping boost the residential real estate market in Calgary and across the country, with the trend expected to continue throughout 2021.
News
Jan. 05, 2021 | CREBNow
December 2020: Amidst economic challenges, housing market ends 2020 on a high note
With December sales of 1,199, this is the highest December total since 2007.
"Housing demand over the second half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring," said CREB® chief economist Ann-Marie Lurie.
"Housing demand over the second half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring," said CREB® chief economist Ann-Marie Lurie.
News
Dec. 15, 2020 | Mario Toneguzzi
A Calgary real estate Christmas list
Dear Santa,
My oh my, it certainly has been an interesting and challenging year, with the COVID-19 pandemic impacting almost every part of our lives.
News
Dec. 01, 2020 | CREBNow
November 2020: sales activity remains strong in November
For the sixth month in a row, sales in the Calgary market recorded a year-over-year gain.
Sales growth over the past several months has been the strongest seen in the past five years, but the activity has not been strong enough to offset the pullbacks from the spring. Year-to-date sales remain over three per cent lower than last year's levels.
Sales growth over the past several months has been the strongest seen in the past five years, but the activity has not been strong enough to offset the pullbacks from the spring. Year-to-date sales remain over three per cent lower than last year's levels.
News
Nov. 30, 2020 | CREBNow
CREB® Forecast goes virtual in 2021
CREB®'s annual Forecast real estate event returns on Jan. 26, 2021 with an all-new virtual format. So, grab your ticket, put on your headset, and get ready to immerse yourself in a one-of-a-kind real estate experience.
News
Nov. 20, 2020 | Josh Skapin
COVID-19 is boosting home sales in Calgary suburbs, surrounding areas – will that momentum last?
With many people trading in their downtown commute for a home office due to the COVID-19 pandemic, proximity to the city centre has been less of a priority for house hunters this year.
In fact, a new emphasis on creating comfortable, productive workspaces within the home and the reduced importance of living anywhere near the office have increased buyer interest in areas just outside Calgary's city limits – where prices are lower and space is plentiful.
In fact, a new emphasis on creating comfortable, productive workspaces within the home and the reduced importance of living anywhere near the office have increased buyer interest in areas just outside Calgary's city limits – where prices are lower and space is plentiful.
News
Nov. 24, 2020 | Geoff Geddes
Graywood Developments signals confidence in Calgary market with two new condo projects
While the COVID-19 pandemic has many Calgary businesses seeing red, Graywood Developments is betting on black ink for its two new condo projects here in the city.
News
Nov. 03, 2020 | CREBNow
October 2020: detached homes drive Calgary sales growth
With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages.
The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.
The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.