Stories Tagged - Population
Sept. 04, 2019 | Josh Skapin
Aug. 14, 2019 | Tyler Difley
If bigger really is better, these communities are the best of the best.
June 12, 2019 | Barb Livingstone
May 24, 2018 | Andrea Cox
Read on for stats and fun facts about every community in Calgary's sunny south. This is part one of a two-part series on Calgary communities.
March 28, 2018 | Mario Toneguzzi
What's Calgary going to look like in the next five years when it comes to growth and the housing market?
The City of Calgary's Suburban Residential Growth 2017-2021 report sheds some light on where the city is headed in terms of population and housing growth over the short term.
The draft document is an interesting one, and it serves as a starting point of discussion as the City looks to sustainably increase its footprint.
Jan. 10, 2017 | Gerald Vander Pyl
Slow stabilization in Calgary's housing market in 2017 is expected to create similar momentum for satellite communities such as Okotoks, Cochrane, Airdrie and Chestermere, say local officials on the heels of CREB® releasing its 2017 Economic Outlook & Regional Housing Market Forecast.
According to the report, Chestermere in Rocky View region experienced a widening gap between sales and new listings during 2016, putting downward pressure on benchmark prices – notably detached homes, which dropped 2.5 per cent from 2015 to $490,808.
Nov. 19, 2016 | Cailynn Klingbeil
Nick Medwid recalls Calgary's housing market in 1991 as a bit of a blur.
In the midst of a national downturn that year, all eyes turned to the city as several major companies uprooted their Canadian headquarters from out east and relocated to the heart of the new west.
Aug. 12, 2016 | Mario Toneguzzi
Fewer newcomers to our city will translate into weaker housing demand and lower housing prices for the foreseeable future, say housing experts.
According to the City of Calgary's 2016 census released last month, more than 6,500 people left the city between April 2016 and April 2015. The 4,256 population jump to 1.235 million was primarily attributed to an increase of births versus deaths.
"Not surprisingly, the overall impact of lower population growth in Calgary will weigh on its real estate market," said ATB Financial economist Nick Ford. "Housing prices may continue to slide lower in all areas of the city as a result of declining demand.
Aug. 12, 2016 | Mario Toneguzzi
Vacancy rates in Calgary have spiked so far this year and are expected to rise for the foreseeable future, say industry insiders.
And with few signs of significant changes in the economy on the horizon, renters will enjoy plenty of choice and price flexibility, while landlords will need to get aggressive.
"Vacancy started rising pretty rapidly after the spring of last year and it's still been rising," said Gerry Baxter, executive director of the Calgary Residential Rental Association, which has about 850 members, representing between 65,000 and 70,000 rental units. There are more than 700 landlords in the association.
Aug. 12, 2016 | Jamie Zachary
Earlier this year, CREB®Now published a feature on five things you needed to know about CREB®'s 2016 Economic Outlook & Regional Housing Market Forecast. With the REALTOR® organization recently updating the document, we revisit those insights on what's to come:
After originally forecasting 18,416 sales in 2016, CREB® is now predicting Calgary's activity to fall to 17,321, a 3.8 per cent drop from last year. By sector, revised estimated peg detached to decline by five per cent, while attached and apartment will be down by eight and 19 per cent, respectively. Meanwhile, CREB® chief economist Ann-Marie Lurie said the year began by favouring buyers, but is exhibiting more balanced conditions in areas such as the detached sector.