Cost of Prime Retail Space Rising – Oct. 10, 2013

A Colliers International report confirms that Calgary Urban Equities’ Mission Road project is just a few blocks down the street from one of Canada’s top 10 most expensive retail streetscapes, as part of an article by Mario Toneguzzi on rising retail lease rates in Calgary.    Read More…

Inner City Condo Boom – May 1, 2013

Condo Living Magazine editor Pepper Rodriguez describes the clearly recovering condominium development sector in Calgary and covers reports by Buss Marketing and Altus Group which emphasize particularly high interest in the inner city.  Read More…

‘Steady’ Year for Condo Options – Jan. 5, 2013

Calgary Hearld New Condos writer Claire Young reports that, according to Canada Mortgage and Housing Corp., Calgary had a near-record year for multi-family housing starts in 2012 and can expect to see moderate activity within historic averages for 2013.  Increased discussion around promoting higher density and allowing frame construction for buildings up to 6 storeys is expected.   Read More…

Calgary Apartment Vacancy Rate Decreases in 2012 – Dec. 15, 2012

CMHC’s fall market survey indicates that Calgary’s downtown rental vacancy rate dropped to 0.5% in 2012 from an already tight 1% in 2011 due to strong interprovincial migration and Real Estate Investment Network president Don Campbell is quoted as saying this low vacancy rate should grow demand for resale housing in 2013 and new housing in 2014.   Read More…