Into the second half of 2024, migration continues to impact Calgary real estate and rentals, while affordability and availability continue to be market speedbumps. “Calgary is still a seller’s market,”
The transformation of Calgary business continues, and it is exciting. Although precise dates and details are vague, likely since the 2014 collapse of commodity prices abruptly ended Alberta’s decade- long
On May 14, 2024, Calgary city council voted to approve blanket rezoning of the city. After almost four weeks of the largest public hearing in Calgary’s history, where a record
Halfway through 2024, Calgary’s residential real estate hopes and strategizes for a balanced market, while continuing very much a seller’s market. According to the Calgary Real Estate Board’s (CREB) annual
Calgary’s real estate, sales-to-listing ratios, benchmark prices and consumer trends have calmed down and stabilized from the last few “hot market” years. And despite jittery consumer confidence aggravated by the
Continued tightness in Canada’s industrial market over recent years has propelled Calgary into the warehousing and distribution spotlight. Direct access to key inland port hubs, expanded CN and CP intermodal
The labour shortage. It’s on every employer’s lips, especially in the trades. The Government of Alberta forecasts a shortage of 3,000 workers per occupation across 11 sectors by 2030. Counted
Downtown has a problem. Calgary developers, urban planners and City number–crunchers have a solution. Conversions! In simplified, nutshell terms, because the reasons and mitigating factors are complex, the commercial spaces
Calgary’s housing market is mostly positive, but 2024 continues the way 2023 ended: with trend-setting flux. Conventional single family, detached homes are down. Multi-family is up. And rentals are hot,
While the direct impact of spike mortgage rates on Calgary real estate can get complicated and a bit tricky, some analysts and experts suggest that it is a matter of
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