The CREB^® REALTOR^® Community Foundation has announced that non-profit real estate developer and property manager HomeSpace Society is the recipient of its 2021 Legacy Grant in support of local housing and shelter initiatives.

The conversion of Sierra Place, the downtown office tower that formerly housed Dome Petroleum, into 82 affordable housing units is set to increase vibrancy in Calgary's core.

Whatever "new normal" is coming, the COVID-19 pandemic has reshaped many aspects of the real estate industry in Calgary and across Canada. From changes to the way homes are built, bought and sold, to shifts in buyer priorities and the economic forces at play, it's been a wild ride for REALTORS^®, builders, homebuyers and everyone in between.

The CREB^® REALTOR^® Community Foundation is now accepting applications for its 2021 Legacy Grant in support of local housing and shelter initiatives.

Through the investment of local REALTORS^®, $300,000 is available in this year's Legacy Grant for non-profit organizations working to solve complex needs around housing and shelter.

After a four-month application and selection process, the CREB^® REALTOR^® Community Foundation has officially announced the recipients of its 2020 Community and Transformation grants.

Now that the phrase "go home and stay home" has become 2020's mantra, the importance of affordable housing in Calgary is greater than ever. After all, what does "stay home" mean for those do not have a home or live in unhealthy conditions?

Nov. 22 is National Housing Day, a valuable reminder of the urgent need for more affordable housing in and around Calgary.

According to Habitat for Humanity, one in five Canadians is currently living in housing that is unsafe or unaffordable, with Calgary ranking as one of the most difficult cities for low-income earners to live in.

If you've decided to purchase a residential property as an investment, there are a few things you should first consider.

One consideration is whether it's a good time to buy, and the good news is that the market appears to be ripe for investment.

December sales activity rises again, but so does supply

Sales activity for all product types improved in December and pushed monthly sales to long-term averages for the second month in a row.

However, new listings also rose, keeping inventory elevated compared to typical levels for December. With more supply remaining compared to sales, benchmark prices edged down for the fifth consecutive month.