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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - Growth

News

Aug. 16, 2012 | CREBNow

Calgary a 'Top Contributor' to Housing Gains

Calgary, along with Toronto and Oshawa, was a "top contributor" to a 0.2 per cent increase in Canada's New Housing Price Index (NHPI) for June.

According to Statistics Canada, "improving market conditions" along with increased material and labour costs were the main reasons for the rise.
News

Aug. 03, 2012 | CREBNow

Commercial Class Act

Calgary's commercial market is expected to continue at its brisk pace through 2012 according to a special report by TD Economics.

Commercial vacancy rates in the city currently sit at about 7.5 per cent, a number that is forecast to decrease to seven per cent in 2012. The current vacancy rate is a significant drop from 2010's posted 11.8 per cent vacancy. Industrial vacancy rates are even lower with a forecasted three per cent vacancy in 2012 compared to 3.1 in 2011.
News

Aug. 03, 2012 | CREBNow

Momentum Builds

Housing starts in the Calgary Census Metropolitan Area (CMA) increased 65 per cent for the month of June 2012 compared to June 2011.

"The gain in new construction was attributed to higher starts for both single-detached and multi-family units," said a Housing Now report from the Canada Mortgage and Housing Corporation (CMHC).
News

July 26, 2012 | Cody Stuart

City Approves Massive Keystone Hills Plan

Outlining the path of development for land annexed in 2007, the City of Calgary has approved a development plan for a massive section of land on the city's northern outskirts.

Sitting on 1,080 hectares bordered by 160 Ave N, Stoney Trail, 14 St NW and the expanding Calgary airport, the Keystone Hills Area Structure Plan calls for a mixed use development that will eventually be home to as many as 60,000 people and employ as many as 18,000.
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News

July 26, 2012 | CREBNow

Morning News Rundown

News

July 23, 2012 | Cody Stuart

Building Permits Up in Calgary

Building permit values for Calgary are on par for the third best overall year in the city.

The estimated construction value of building permit applications in Calgary for the month of June 2012 was $355 million, a decrease of 15 per cent compared to June 2011, bringing the year-to-date total to $2.49 billion.
News

July 20, 2012 | CREBNow

New Tower Coming to Town

There's a new office tower coming to Calgary and it's slated to be ready for tenant occupancy by 2016.

Cadillac Fairview Corporation Limited announced the commencement of construction of the Calgary City Centre Phase 1 on April 4. The first phase will include a 36 storey, LEED Gold Core and Shell, premium AA tower totaling 853,032 sq. ft. including a retail podium and five levels of underground parking withover 600 stalls.
News

July 19, 2012 | CREBNow

Surrounding Sales Soar

Morning News Rundown
News

July 19, 2012 | CREBNow

Morning News Rundown

News

July 18, 2012 | Cody Stuart

Alberta Housing Market to 'Buck National Trend'

With many economic prognosticators predicting doom and gloom for housing markets in Vancouver and Toronto, a report from TD Economics suggests the prairie provinces, namely Alberta and Saskatchewan, could see their housing markets continue to gain momentum.

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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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