Lamb Development Corp. is delaying construction of two condominium projects in Alberta as the slump in the price of oil guts jobs and housing demand.

Big changes happen today with the way properties are searched for on the MLS® system. The City of Calgary currently has four quadrants for the purpose of municipal addresses, NW, NE, SW & SE, these will not change. Until now the Calgary Real Estate Board also used four zones, A,B,C & D essentially following the City of Calgary’s four quadrants for use when searching properties, today those change to eight “districts”. In addition, there are numerous community name changes happening as well.

HAPPY NEW YEAR - “For last year's words belong to last year's language and next year's words await another voice.” — T.S. Eliot. Happy New Year from my family to yours, we are so excited to see what 2016 holds, we wish everyone, good health, happiness and prosperity. www.joeviani.com

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The Calgary market may be changing, but the needs of the buyer remain the same

Prices for repeat home sales in Calgary rose in September, according to the latest Teranet-National Bank index released Thursday.

The Calgary area recorded the biggest annual decline in MLS sales among major Canadian markets in September after posting record numbers a year ago, says the…

Calgary’s housing market is weathering the energy downturn as home prices remained relatively flat in the third quarter of this year, says a new report…

The construction of new arenas and stadiums has a positive impact on real estate values for nearby homes, says a new report by the Real Estate Investment…

Owning a home in Calgary at market price remains more affordable than it has been on average since the middle of the 1980s, says a new report released Monday…

In a budget thick with user fee increases, homebuyers face the biggest whack — registration fees will triple or quadruple for many new property owners.

Calgary’s housing market is the hot topic of conversation these days not only in the city but across the country.

The decline in interest and prime lending rates is providing investors with unique opportunities – but with uncertainty still ahead, the question remains: variable or fixed-rate mortgage?

Calgary MLS home sales are forecast to plunge by nearly 50 per cent this year amid a climate of declining oil prices and an uncertain economy, according to a…

RBC cuts mortgage rate, price war coming?... New home plots in Calgary at 17 year low… TD Bank predicts another rate cut in March, lower house prices… Consumer optimism for property prices lower again…

There is a mixed response from investors about the current opportunities in Western Canada’s real estate markets, according to CREW’s latest online poll.