Calgary, Edmonton home prices differ by about $100,000

For both Alberta cities, the benchmark price was down about 2.6% from a year ago. Nationally, prices have risen about 2.3%

Calgary, Edmonton home prices differ by about $100,000What’s the difference between living in Calgary and Edmonton when it comes to home prices? About $100,000. A report released on Monday by the Canadian Real Estate Association indicated that the benchmark price, which is reflected in the typical home sold in a market, was $424,200 in Calgary in September and $326,700 in Edmonton. The association…

Calgary, Edmonton resale housing markets still weak

In 11 major centres across the country, prices were flat in September compared to August but rose by 2% year over year

Calgary, Edmonton resale housing markets still weakCalgary and Edmonton continued to show weakness in their resale housing markets in September, according to the latest Teranet-National Bank House Price Index, which tracks repeat home sales. The report, which was released on Friday, said prices in Calgary were down 0.1 per cent on a month-over-month basis and off by 1.3 per cent year…

Calgary, Edmonton new home prices trend downward

StatsCan said builders in 18 of the 27 census metropolitan areas across the country reported flat or decreasing prices in August

Calgary, Edmonton new home prices trend downwardNew home prices in the Calgary and Edmonton regions were on the decline in August, according to Statistics Canada. The federal agency report on Thursday in its New Housing Price Index that prices fell by 0.4 per cent from July in the Calgary census metropolitan area and by 0.5 per cent in the Edmonton metropolitan area.…

Edmonton trails Calgary in building permits in August

Calgary building permits in August were up 17.8% from July, Edmonton's were down 5.6%. Across the province, permit values rose by 1.9%

Edmonton trails Calgary in building permits in AugustThe value of building permits in the Calgary and Edmonton regions headed in opposite directions in August, according to Statistics Canada. The federal agency reported on Wednesday that permit values of $462.7 million in the Calgary census metropolitan area represented an increase of 17.8 per cent from July and up 7.7 per cent year over…

September slow month for Alberta homebuilders

Total starts across the province were down 24%; across Canada, starts fell by 11%

September slow month for Alberta homebuildersSeptember was a slow month for homebuilders across Alberta, particularly in Calgary and Edmonton. Data released on Tuesday by Canada Mortgage and Housing Corp. said total housing starts for the month in the Calgary census metropolitan area fell by nine per cent year over year to 834 units while they dipped by 45 per cent…

Price of cannabis per gram $7.21 in Calgary and $7.28 in Edmonton

Canadian consumers reported average use of 19.8 grams a month of dried cannabis

Price of cannabis per gram $7.21 in Calgary and $7.28 in EdmontonFor the first nine months of 2018, the average price of cannabis was $6.86 per gram based on the information submitted by Canadians to the StatsCannabis crowdsourcing application. Statistics Canada reported on Thursday that in Calgary the price was $7.21 and in Edmonton it was $7.28. For other major Canadian census metropolitan areas, the prices…

Calgary, Edmonton housing more affordable than other major Canadian cities

Both cities fared better than Vancouver, Toronto and Montreal when it comes to the share of income needed to cover ownership costs

Calgary, Edmonton housing more affordable than other major Canadian citiesCalgary and Edmonton continue to be affordable places to own a home in Canada compared to the country’s other major metropolitan centres. The quarterly housing affordability study, released on Friday by RBC Economic Research, indicated both Alberta cities fared much better than Vancouver, Toronto and Montreal when it comes to the share of income a…

Stantec Tower officially opens in Edmonton’s ICE District

The 69-storey tower will house Stantec’s new global headquarters, along with other business and residential tenants

Stantec Tower officially opens in Edmonton’s ICE DistrictIt stands as the tallest building west of Toronto, and a pillar of Edmonton’s new ICE District, and on Wednesday the new 69-storey Stantec Tower officially opened as the company’s new global headquarters. “Stantec employees are extremely proud of our new headquarters, a project that positively reflects the talent, innovation, and creativity of our team…

Calgary, Edmonton housing buyer’s markets, but demand slumps

Sales in the existing home market were down 7.8 per cent year over year in Calgary and by 2.6 per cent in Edmonton

Calgary, Edmonton housing buyer’s markets, but demand slumpsA new housing market scorecard by BMO Capital Markets lists both Calgary and Edmonton as being in buyer’s market conditions. The report said that sales in the existing home market were down 7.8 per cent year over year in Calgary and by 2.6 per cent in Edmonton. The report also said that average sale price…

Calgary and Edmonton real estate markets remain sluggish

In Calgary the benchmark real estate price was down 2.24 per cent from a year ago. In Edmonton, it was down 2.07 per cent

Calgary and Edmonton real estate markets remain sluggishHouse prices can help tell you what’s happening in a local economy. A good indication of that came out on Monday when the Canadian Real Estate Association released its monthly MLS data for August. The report showed that in Calgary the benchmark price, which reflects the typical property in a market, was $426,800 for the…