Alan Tennant - CREB® CEO

There is nothing to indicate a major shift in the current
trajectory. I see cautious optimism among the development sector – they are not overbuilding in any sector – and that is a healthy sign. It comes down to consumer confidence. We have two elections behind us, which could have been destabilizing but weren't.

While some people choose to purchase a home near a hospital because it provides the comfort of living near an important service, for many others, it's simply a smart business decision.

Calgary's newest hospital, the South Health Campus in the southeast community of Seton, is spurring significant interest from investors.

Just like homeowners, renters value a sense of community in the place where they live.

This element has emerged in the design of skyscrapers with purpose-built rental suites in Calgary over the past five years, with companies such as Strategic Group making ways to create connections among neighbours a priority.

Anyone in the downtown area on the evening of April 18 was treated to a light show, as coloured LEDs on the new Telus Sky building recreated the aurora borealis in a test of a new art installation.

Artist Douglas Coupland's Northern Lights is just one of the features of Telus Sky – a new skyscraper in Calgary's downtown skyline and a sign that tough times in the city won't last forever.

With lower prices and lots of choices, the current real estate market in Calgary has some people thinking now is the time to invest in a rental property.

In two short months, Sodo Residences has 31 per cent of its luxury rental apartments occupied and 40 per cent of the 305 units already leased.

The redevelopment of the East Village has brought new life to an area that was once a no man's land of unsightly industrial buildings and decaying historic landmarks.

An influx of new residents has breathed life into the area, but as modern condo towers rose and filled up with buyers, one thing was lacking: rental options.

The redevelopment of the East Village has brought new life to an area that was once a no man's land of unsightly industrial buildings and decaying historic landmarks.

An influx of new residents has breathed life into the area, but as modern condo towers rose and filled up with buyers, one thing was lacking: rental options.

Calgary real estate mogul Bob Dhillon has built a successful business across Western Canada with Mainstreet Equity Corp., which owns and manages thousands of rental properties.

His business has its roots on the residential side of real estate, and it all started when he bought his first home in Calgary, fixed it up and sold it for a profit.