Short-term year-over-year house price growth in Calgary is expected to be in the range of five to seven per cent, says the Conference Board of Canada.
Residential MLS sales in Calgary fell by 25 per cent in November compared with a year ago ¿ far eclipsing the pace of decline at the national average.
Calgary's downtown office market will set a record this year for absorption.
The penthouse at Montreal's Ritz-Carlton Residences has sold for a whopping $13 million — taxes included — The Montreal Gazette has learned.
The Conference Board of Canada predicts widespread housing starts declines over the short term across the country, including Calgary.
As the Canadian dollar flirted with parity and the U.S. housing bubble burst, many Canadians headed south of the border to pick up a property bargain. A number of these properties had been subject to foreclosure. Questions have been raised recently about the conduct of some foreclosures and a number of banks have halted foreclosures while the transactions are investigated.
Building permit value in the city continued to decline in November.
The rental apartment vacancy rate and average rent in the Calgary census metropolitan area have both fallen in the past year, according to a report released Thursday by Canada Mortgage and Housing Corp.
I remember placing a call to the Canadian Bible College in Regina to confirm the rumour that it was relocating to Calgary and would be building a new facility here.
The Calgary region was one of the few in the country to see new home prices decrease in October, registering the highest rate of monthly decline, according to Statistics Canada.
Housing starts in the Calgary census metropolitan area dropped by 33.3 per cent in November compared with a year ago, says a report released Wednesday by Canada Mortgage and Housing Corp.
Being confident about 2011 oil and gas prices is a bit like being sure about what’s in a box under the Christmas tree. The consensus of most industry professionals is that the box contains low natural gas prices (hardly a gift) and rising oil prices (a gift that will have to be returned if too generous).
'Twas the night before Christmas and all through the patch not a pumpjack was moving, not even a latch.
Looking after eight-and 10-year-old grandchildren can hardly be called babysitting, more like chauffeuring. But staying in the West Springs area of southwest Calgary for a few days -- close to school, the Calgary Gymnastic Centre at Canada Olympic Park and Springbanks hockey arena gave me time to drive around this corner of the city.