Industry reports unearth Canadian renovation trends

The home improvement industry has become a key economic driver in the country over the last few years as more Canadians look to add value to their humble abodes.

A poll by CIBC in the spring found that 45 per cent of Albertans plan to renovate within the next 12 months. The average spend on a home renovation was expected to be $8,073. That’s nine per cent higher than a year ago, but off by 65 per cent from 2016, when homeowners said they were spending on average $23,000 to improve their homes.

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The inexact science of naming Calgary communities

When it comes to the names of Calgary communities, some honour early pioneers, others are named after the surrounding landscape and some simply sound like a nice place to live.

Pleasant Heights, Scenic Acres and Sunalta (a mash up of sunny and Alberta) sound like they could have come out of a real estate subdivision name generator. But how do developers actually come up with the names for new communities?

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Bike and brew

Wheels are in motion for “Barley Belt” cycle path

More and more these days, people cycle to the office or pedal to the park, so why not bike to the brewery? At the moment, the lack of proper pathways is an issue, but owners of several southeast Calgary breweries are hoping the City of Calgary will pave the way to progress for their customers and staff.

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Forecasting fun

Industry reports paint positive picture for Alberta recreational property market in 2018

Two major reports on the Canadian recreational property market are forecasting a healthy market across the country and growing demand within the province of Alberta for the rest of 2018.

Royal LePage’s annual survey of their recreational property specialists predicts an average price increase of 5.8 per cent for the country as a whole, but varied results in British Columbia and Alberta because of new speculation taxes in B.C.

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