Real Estate Blog

CREB® forecasts a process of recovery for the remainder of 2017

The first-half of 2017 marked a shift in Alberta's economy from recession to recovery, with conditions supporting stability rather than expansion.

"Economic challenges continue to exist, as high unemployment rates, weak migration levels and more stringent lending conditions are weighing on the housing market," said CREB® chief economist Ann-Marie Lurie. 

"This will continue to cause some adjustments in the housing market for the remainder of this year. However, this is not expected to offset earlier gains supporting general stability in 2017." 

Resale sales activity is expected to total 18,401 units in 2017, a 3.3 per cent improvement over last year. The pace of growth is slightly

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 Jim Davidson & His Dog Harley the Inspiration for the Park (52 St SE & Auburn Bay Drive SE)

Calgary has become an extremely dog friendly City with the development of several special parks designed to enhance dog lover’s enjoyment of their pets by allowing them to run free in parks designed just for dogs. Jim Davidson’s love of his liver coloured flat coated retriever Harley Davidson sparked a passion for animals that saw him first co-chair a drive to raise $10.5 million to build the Calgary Humane Society Facility. He then personally funded the $600,000 enhancement to the park that now

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The Calgary Stampede is a fun filled 10 days that can strengthen the bond for couples with a strong relationship through shared experiences but for some it is an excuse to tuck their wedding bands in their pockets and forget the commitments that they made to their spouse when they married.

It has often been stated there are two things that happen in the aftermath of the Calgary Stampede:1. The birth rate in Calgary spikes around the month of April, which is exactly nine months after the sexy Stampede: 2. The Divorce rate spikes after fun filled booze induced parties & possibly poor judgement is the tipping point for some already stressed unions. Calgary artist Shaun Doiron once coined the saying “it’s not Cheatin, it’s Stampedin” which means the same

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