The Bow Valley Ranche Restaurant, which started life in 1896 as a private ranch house, is reportedly home to its own ghostly staff member.

Ghouls rule

A stroll down haunted lane with Calgary’s paranormal experts

Bring out yer dead!

It’s Halloween in the city, which means spooks and specters will soon intertwine with sugar and sweets.

It’s also a chance for many Calgarians to explore the city’s haunted past. CREB®Now recently took a walk down “Elm Street” with local officials, who detailed the paranormal, the unexplained and everything in-between.


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Calgary housing market ‘overvalued’

CMHC assessment unchanged from April

Calgary’s housing market continues to exhibit signs of over-valuation as economic and demographic fundamentals have altered demand, says a new report.

In its housing market assessment released this week, Canada Mortgage and Housing Corp. (CMHC) noted moderate signs of over-valuation tag due to labour market conditions that have been weak and the seasonally adjusted unemployment rate averaged 8.3 per cent, up considerably from the preceding 10-year monthly average of five per cent.

It’s the second time this year that CMHC has noted problematic conditions in Calgary’s housing market, the last time being in April.


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Kent Lyle said few were spared from the National Energy Program's impacts in 1981. Photo by Michelle Hofer/for CREB®Now

Brace for impact

Former CREB® president Kent Lyle remembers impacts of National Energy Program like it was yesterday

It’s perhaps the most contentious three words in Alberta’s history: National Energy Program.

The early 1980s in the province are synonymous with the controversial federal initiative, which redistributed Alberta’s oil wealth and, in turn, lead to a regional recession that few have since forgotten.


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Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units.

Alberta home sale declines eased last month

Smallest year-over-year decline since 2014

Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units, according to the Alberta Real Estate Association.

The provincial organization noted September represented the smallest year-over-year decline since December 2014.

Meanwhile, the average MLS® residential price in Alberta rose 3.9 per cent from September 2015 to $396,646.


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Downtown and the Beltline have paced Calgary apartment sales in 2016 thus far. CREB®Now file photo

Easy adjustment

Apartment sector prompts optimism for buyers

After living in southwest communities of Midnapore and Evergreen for 27 years, transitioning to an apartment in Mission was an easy decision for Michelle Norman.

“Condo living was a very easy adjustment,” she said. “I like the idea of being surrounded by a good mix of young and older residents as well as not having to worry about such things as yard work and snow removal.”


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