Communities, facts and statistics
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The Bow River
A lot has changed along the banks of the Bow River over the last 80-plus years. CREB®Now consulted local historian Harry Sanders to highlight some of those changes, and identify a few of Calgary’s early landmarks.
Prices remain similar to last year, but ease in October
October’s housing market conditions closely echoed previous months’ trends, with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.
Habitat for Humanity celebrates completion of six new affordable homes in Bowness
Habitat for Humanity recently celebrated the completion of six new homes in Bowness that will provide affordable home ownership opportunities to six Calgary families.
“At Habitat, we know how difficult it is for families to break into the housing market,” said Gerrad Oishi, president and CEO of Habitat for Humanity Southern Alberta. “That’s why we’re committed to working with our community to provide affordable home ownership opportunities for families. We’re so thankful for every sponsor, donor, community partner and volunteer who has stepped up to make affordable home ownership opportunities possible for six families in Bowness.”
Inventory increases and sales drop in September, but overall sales for the year remain higher than last year
Strong gains in the first half of 2017 have put Calgary year-to-date sales at seven per cent above last years’ levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings.
Inventories rose across all property types to 6,861 units, while both apartment- and attached-style properties saw the highest inventory on record for the month of September.