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Stories Tagged - Adam Legge
News
Aug. 26, 2016 | Mario Toneguzzi
Surprise, surprise
Experts provide feedback on Calgary's real estate market so far
It has been an interesting year for the Calgary real estate market considering the city's economy is still struggling due to ongoing uncertainty in the energy sector.
According to CREB®, year-to-date, until the end of July, MLS® sales of 10,952 were down 10.1 per cent compared with the same period a year ago. New listings of 21,191 were off by 2.23 per cent, but active listings of 5,847 were up by 9.64 per cent.
The average MLS sales price of $479,597 increased by 1.2 per cent. However, the benchmark price was down 3.68 per cent to $443,386.
Some housing and business experts were asked what has been the most surprising thing this year about the Calgary real estate market. Here are their responses:
It has been an interesting year for the Calgary real estate market considering the city's economy is still struggling due to ongoing uncertainty in the energy sector.
According to CREB®, year-to-date, until the end of July, MLS® sales of 10,952 were down 10.1 per cent compared with the same period a year ago. New listings of 21,191 were off by 2.23 per cent, but active listings of 5,847 were up by 9.64 per cent.
The average MLS sales price of $479,597 increased by 1.2 per cent. However, the benchmark price was down 3.68 per cent to $443,386.
Some housing and business experts were asked what has been the most surprising thing this year about the Calgary real estate market. Here are their responses:
News
Jan. 12, 2016 | Cailynn Klingbeil
Local facelift
Several major projects in Calgary expected to capture headlines in 2016
Calgary is expected to look a lot different by the end of this year thanks to the opening of several highly anticipated developments that promise to reshape the local landscape, say officials.
"It was a good year in 2015, and the projects continue to come in for 2016," said Kevin Griffiths, director of inspections and permit service at the City of Calgary.
The National Music Centre, a new international terminal at the Calgary International Airport and the new central library are just a handful of the projects that could see their doors open in 2016.
While acknowledging downtown office construction projects have slowed, Griffiths said the pace for other commercial projects have increased. He singled out the Residence Inn by Marriott and SilverBirch Conference Centre, planned for the former site of the Alberta Boot Company on 10th Avenue S.W.
Calgary is expected to look a lot different by the end of this year thanks to the opening of several highly anticipated developments that promise to reshape the local landscape, say officials.
"It was a good year in 2015, and the projects continue to come in for 2016," said Kevin Griffiths, director of inspections and permit service at the City of Calgary.
The National Music Centre, a new international terminal at the Calgary International Airport and the new central library are just a handful of the projects that could see their doors open in 2016.
While acknowledging downtown office construction projects have slowed, Griffiths said the pace for other commercial projects have increased. He singled out the Residence Inn by Marriott and SilverBirch Conference Centre, planned for the former site of the Alberta Boot Company on 10th Avenue S.W.
News
Dec. 17, 2014 | CREBNow
Backed by business
Several big time Calgary businesses throw their support behind secondary suites
City council's inability to move forward on secondary suite reforms are sending a message to potential newcomers that Calgary is closed for business, said Chamber president and CEO Adam Legge.
"We basically have a no vacancy sign sitting over Calgary," he told a crowd of supporters at a Chamber-hosted event last week.
"So how easy do you think it is for a business to attract and retain someone to the city when they can't find a place to live?" said Legge.
City council's inability to move forward on secondary suite reforms are sending a message to potential newcomers that Calgary is closed for business, said Chamber president and CEO Adam Legge.
"We basically have a no vacancy sign sitting over Calgary," he told a crowd of supporters at a Chamber-hosted event last week.
"So how easy do you think it is for a business to attract and retain someone to the city when they can't find a place to live?" said Legge.
