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CREA (The Canadian Real Estate Association) released the official housing numbers this week, showing a combination of a decline in housing prices across the country but also a rise in sales with Toronto, Edmonton and Calgary leading the pack. The statement they released showed that housing prices across the country were down 0.5% than the same time last year. This means that across the entire country, the average home price is $369,677. Of course this number cannot be used as a benchmark in f... Read Full Post

This summer, the CEO of the Homeless Foundation in Calgary will be leaving. To quickly clarify, he is not leaving to retire or leave the industry but instead to take his 10 year plan to end homelessness in Calgary and spread it across the country with a new organization; Canadian Alliance to End Homelessness. Tim Richter has made a real difference in the city of Calgary and his efforts and that of his organization have spread throughout the province of Alberta thanks to the support of Mayors ... Read Full Post

If you haven’t yet heard of this massive condominium project set to take place in the East Village of Calgary, allow us to provide you the details. Plans are quickly moving forward for at least two massive high raise condo complexes to be built in the East Village. The sale office is now open for each of these projects and the first building to be constructed is actually named “First” is proposed to have 18stories and 191 units to choose from. Many of these units will be taking advantag... Read Full Post

After a three-year lull, global energy prices have started rising. The future of Calgary’s oil sands now looks rosy. However, as the city buzzes in activity, industry players are bracing themselves for the worst. The twin forces that wreaked havoc in the last boom; severe labor shortages and rising costs, are likely to crop up again. Already, the number of hired workers is just five percent above the highest level before the recession. Declining Unemployment Rate The conference Board of Can... Read Full Post

For those of you out there looking for something different and new to experience this summer in the heart of downtown Calgary, consider Devonian Gardens. This 2.5acre completely enclosed roof garden has the capacity to hold over 20,000 different species of plants and trees! It is truly one of the gems within Calgary that can’t be missed. You certainly don’t have to be a green thumb in order to appreciate the beauty of a full mile walk through lush greenery and tropical plants you may have... Read Full Post

Every town and city has a story to tell, a history of communities that came together to make it what it is. Unfortunately over time these communities can fall into decline because of all the threats posed by an unsure economy. Communities that had once bustled with life slowly die as many people move away seeking those proverbial greener pastures, but on occasion benefactors will step in to breathe new life into an old neighborhood and give a new definition to the word community as it is agai... Read Full Post

Residents of Abbeydale, Brentwood, Cougar Ridge and Southwood will begin receiving green carts as part of a year long composting pilot in Calgary, Alberta. The project is expected to be implemented city wide in the 2015-2017 budget cycle. The green bins will be similar to the blue and black garbage bins but only half the size with only 120-litre capacity. Residents will also be receiving a kitchen pail, compostable liner bags, paper bags for yard waste and an instructional manual. Collection ... Read Full Post

A recently published study by the Brookings Institution gives Calgary a special honor of sorts. Calgary was rated the top Canadian city for growth in economic output per capita. This study separates Calgary from other Canadian cities and serves to recognize the city’s hard work and dedication to maintaining economic stability and growth. This is a welcome story for prospective real estate buyers and sellers in the Calgary area. Calgary real estate can only serve to benefit from a laudatory ... Read Full Post

Western Canada is now seeing record levels of oil and gas drilling. This is of course an important development for many workers and businesses. Perhaps most important is the fact that this trend points to a strong resurgence in local Calgary industries. The phenomenon of high levels of oil and gas drilling offers reassurance for those interested in the Calgary real estate market. As buyers try to read the real estate market, many find that monitoring local industries can prove to be a fruitfu... Read Full Post

An exploratory oil well be dug in Calgary near a shopping centre and homes in the Royal Oak area this summer. Kaiser Exploration Ltd. is working with the Energy Resources Conservation Board and other city and neighborhood officials on the sweet oil well, which will be drilled to a depth of 2,430 metres.The well will be located behind the Walmart, west of 85th Street NW and south of the University of Calgary’s Spyhill Campus. A kind of petroleum, sweet crude oil contains less than 0.5 per ce... Read Full Post