Alberta cities lack tech talent of other major North American markets

Toronto ranked third, Vancouver 12th, Montreal 13th and Ottawa 19th in top-50 list: CBRE report

Alberta cities lack tech talent of other major North American marketsAs Calgary and Edmonton try to establish a significant tech industry in Alberta, a report released on Thursday by commercial real estate firm CBRE indicates just how far behind Alberta is when it comes to tech talent. Neither Alberta city made it to the top 50 list in North America for tech talent. But both…

Calgary, Edmonton housing markets classified as balanced

Zoocasa report says Canadian real estate is creeping closer to a sellers’ market

Calgary, Edmonton housing markets classified as balancedCalgary and Edmonton have among the lowest rates in the country when it comes to sales-to-new-listings ratios for selling homes, according to Zoocasa, a real estate website providing online advanced search tools and data for consumer. On Thursday, the company released a report ranking the major housing markets across Canada by their ratios. Those ratios…

Calgary, Edmonton housing inventory up, prices down

Canadian Real Estate Association report says pricing will likely remain weak until demand and supply return to better balance

Calgary, Edmonton housing inventory up, prices downAcross the Prairies, MLS residential supply remains elevated relative to sales and home prices remain below year-ago levels, according to a report released on Monday by the Canadian Real Estate Association. The report said the benchmark price in Calgary fell in June to $416,400. That was down 4.03 per cent from a year ago. Edmonton’s…

New home prices still falling in Calgary, Edmonton regions

New home prices still falling in Calgary, Edmonton regionsNew house prices keep falling in the Calgary and Edmonton regions. The latest data, released Thursday by Statistics Canada, said builders in the Calgary census metropolitan area reported prices were down 0.1 per cent in May from April and they were off by 1.1 per cent year over year. The federal agency’s New Housing Price…

Multi-family housing starts soar in Calgary and Edmonton

Multi-family housing starts soar in Calgary and EdmontonBoth the Calgary and Edmonton regions experienced a significant annual gain in the number of multi-family housing starts in June, according to a report released Tuesday by Canada Mortgage and Housing Corp. But the single-detached market struggled. In the Calgary census metropolitan area, single-detached starts of 310 were down 14 per cent from a year…

May building permit values rise in Calgary and Edmonton regions

May building permit values rise in Calgary and Edmonton regionsThe value of building permits in the Calgary and Edmonton regions jumped in May, according to data released on Tuesday by Statistics Canada. The federal agency said that value of $483.8 million for the month in the Calgary census metropolitan area was up 5.3 per cent from April. On an annual basis, it rose by…

Calgary and Edmonton among top 5 moving destinations

U-Haul says Toronto was ranked first overall, followed by Calgary, Montreal, Edmonton and Ottawa

Calgary and Edmonton among top 5 moving destinationsCalgary and Edmonton are both rated in the top five destinations in Canada for people moving there in the past year using a U-Haul truck. The company released its rankings on Friday. They’re based on the total number of arriving one-way U-Haul trucks into a city in the past calendar year. Toronto was ranked first…

Calgary, Edmonton lead country in home sales price declines

Index tracks observed or registered home prices using data collected from public land registries

Calgary, Edmonton lead country in home sales price declinesCalgary and Edmonton have experienced the biggest declines in repeat home sale prices from their peaks, according to a national report released on Wednesday. The Teranet–National Bank National Composite House Price Index said prices in Calgary in May were down 7.02 per cent from their peak in October 2014, while prices in Edmonton have fallen…

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…