Alberta cities among 34 most expensive for rent in Canada

Calgary, Fort McMurray, Edmonton, Grande Prairie, Red Deer and Spruce Grove all included in national ranking

Alberta cities among 34 most expensive for rent in CanadaSix Alberta cities are on the list of 34 Canadian centres with the most expensive average monthly rents in Canada, according to the June national rent report produced by Rentals.ca and Bullpen Research & Consulting. Calgary placed 22nd on the list with average monthly rent for a two-bedroom home at $1,470 and 19th for average…

New home prices fall in Calgary region, flat in Edmonton

StatsCan said builders in 19 of the 27 census metropolitan areas across the country reported flat or lower prices

New home prices fall in Calgary region, flat in EdmontonThe prices for new homes in the Calgary census metropolitan area are falling. On Thursday, Statistics Canada reported that prices were down in the Calgary region 0.6 per cent in April from March and they were off 1.1 per cent from a year ago. In the Edmonton census metropolitan area, prices were flat in April…

Calgary’s hiring climate flat, Edmonton’s conservative: Manpower

Survey says 11% of Calgary employers plan to hire for the upcoming quarter, while 6% anticipate cutbacks

Calgary’s hiring climate flat, Edmonton’s conservative: ManpowerA “flat” hiring climate is anticipated for the Calgary area in the third quarter of this year, while Edmonton area employers expect a “conservative” hiring climate, according to the latest ManpowerGroup Employment Outlook Survey released on Tuesday. “Survey data reveals that 11 per cent of employers (in Calgary) plan to hire for the upcoming quarter,…

Housing starts down in Calgary, Edmonton regions in May

Nationally, starts were down 13% from the previous month: CMHC

Housing starts down in Calgary, Edmonton regions in MayHousing starts in the Calgary and Edmonton regions dropped in May. A report released on Monday by Canada Mortgage and Housing Corp. shows that starts were down across the board in Alberta’s two largest centres. The Calgary census metropolitan area saw single-detached starts of 294 in May, down by 23 per cent from a year ago,…

Cloud Nine Pajamas opens first Calgary-area store

First four stores are in Edmonton. Company plans five more in coming years

Cloud Nine Pajamas opens first Calgary-area storeEdmonton-based retailer Cloud Nine Pajamas has opened its fifth store and first in the Calgary area. The store is in the CrossIron Mills shopping centre in Rocky View County. The concept, which specializes in sleepwear and loungewear, is the brainchild of sisters Kate, Robyn Noel and Miranda Zechel. “CrossIron is our first location outside of…

Apartment rental online platform launched in Alberta

The goal is to make apartment renting stress-free, transparent and safe for everyone

Apartment rental online platform launched in AlbertaRentWell Ltd. has launched an apartment rental website across Alberta. The company said its online platform will help landlord and tenants living in Calgary, Edmonton and Red Deer in Alberta, seeking to list their apartment rental or find rental property. “RentWell.Ca combines the latest in technology innovation with experience in the rental housing market,” said…

Alberta hotel market growing despite economic challenges

Supply and demand growth in Alberta in 2019 are projected at 0.7 per cent and one per cent respectively for Edmonton and Calgary.

Alberta hotel market growing despite economic challengesAlberta’s hotel market continues to experience challenges in the wake of the province’s economic downturn, but Edmonton and Calgary are beginning to develop green shoots, according to a new report released Tuesday by commercial real estate firm CBRE. The report said supply and demand growth in Alberta in 2019 are projected at 0.7 per cent…

Calgary and Edmonton repeat home sale prices drop significantly

April prices down 7.32 per cent in Calgary from their peak in October 2014; down 5.99 per cent in Edmonton from their peak in September 2007.

Calgary and Edmonton repeat home sale prices drop significantlyPrices for repeat home sales in both Calgary and Edmonton are down significantly from their peaks, according to the latest Teranet–National Bank National Composite House Price Index. The report, which was released Tuesday, said prices in April were down 7.32 per cent in Calgary from their peak in October 2014. In Edmonton, prices were down…

PropertyGuys.com expanding into the Alberta market

Company also plans to expand into Ontario, British Columbia, Manitoba, Saskatchewan and the U.S. East Coast

PropertyGuys.com expanding into the Alberta marketPropertyGuys.com, North America's largest private home sale network, is expanding into Alberta, targeting the Calgary, Edmonton and Fort McMurray markets. The company said it also plans to expand into Ontario, British Columbia, Manitoba, Saskatchewan and the U.S. East Coast. “With 83 units already in Canada, the company has announced rapid plans for growth in 2019…

Calgary region housing starts down, Edmonton’s up, in April

Edmonton multi-family starts up 48% to 546 units, according to CMHC

Calgary region housing starts down, Edmonton’s up, in AprilHousing stars in the Calgary region plunged in April as both the single-detached and the multi-family markets saw a decrease in activity compared with a year ago. Statistics released on Wednesday by Canada Mortgage and Housing Corp. showed there were 254 single-detached starts for the month in the Calgary census metropolitan area. That was down…