CREB^® 2016 Forecast & Tradeshow in your words

"Barriers to recovery ATB Financial chief economist Todd Hirsch. CREB®Now file photo "Q&A with 2017 CREB® president David P. Brown CREB® president David P. Brown says buying a home is a personal decision, but waiting too long creates risks. CREB®Now photo "Alta. housing sales to finish strong, face challenges: report CREA expects national housing sales will decrease in 2017 once adjusted for population growth. Illustration courtesy CREA. "Moving forward Sales activity on the MLS® System outpaced original estimates during the first six months of 2016, declining by 10 per cent to 9,205 units, noted CREB®. "Five questions with CREB® president CREB® president Cliff Stevenson. Photo by Michelle Hofer/for CREB®Now "On the horizon Year-to-date detached sales have declined by three per cent compared to last year, said CREB®. CREB®Now file photo "December 2020: Amidst economic challenges, housing market ends 2020 on a high note CREB® Housing Market Stats "CREB® Forecast goes virtual in 2021 "CREB® releases third-quarter housing market report "Bank of Canada stands pat on interest rates, forecasts GDP decline in 2020 Getty Images "The road ahead: Industry experts predict what 2020 might hold for Calgary real estate Getty Images "Two sides of the story CREB®Now Archive "Mid-year market update shows stability "5 things about CREB® 2017 forecast "Signs of recovery CHBA-UDI Calgary chair Allan Klassen expects the city's new housing industry will continue to face difficult conditions in the first half of 2017, followed by a slow return to normalcy. Photo by Wil Andruschak/for CREB®Now "Bottoms up Jyoti Gondek, director of Westman Centre for Real Estate Studies at Haskayne School of Business at the University of Calgary said the city's housing market will face a number of risk factor in 2017, including aging baby boomers. Photo courtesy University of Calgary "Transition talk CREB® chief economist Ann-Marie Lurie expects the market to turn around in 2017, but doesn’t expect conditions to return to long-term trends. Photo by Adrian Shellard/For CREB®Now "March of the million-plus Matthew Jones, senior director of development with Macdonald Development Corp. Photo by Michelle Hofer/For CREB®Now "November sales slide into old patterns Year-to-date detached sales have declined by three per cent compared to last year, said CREB®. CREB®Now file photo "The ride-sharing revolution The rise of ride-sharing could also affect public transit ridership in Calgary, said Greg Morrow, the Richard Parker Professor in Metropolitan Growth and Change at the University of Calgary. Photo by Wil Andruschak/For CREB®Now "55 Years of Calgary Real Estate: 1991 CREB® President Nick Medwid Nick Medwid, who has been retired for more than a decade, recalled his time as CREB® president in 1991 was busy as many large Canadian companies moved their eastern-based headquarter out west that year. Photo by Michelle Hofer/For CREB®Now "Calgary housing market 'overvalued' "Stress test "Alberta home sale declines eased last month Residential resale housing activity declines in the province eased last month, falling by 3.8 per cent to 4,611 units. "New homes, new buyers An estimated one-third of all sales over the past four months at the Creekstone condo project in Canmore’s Spring Creek development have been to foreign buyers. Supplied photo "Crowd control "Bare BONES BONE Structure homes are constructed from pre-cut beams that interlock together. The building process generates no waste, and takes under a week to complete. Photo courtesy BONE Structure "The future of infills Sarina Homes founder Naz Virani is complimentary of the City of Calgary's approach in consulting with industry and the public as it relates to infill development. Photo by Wil Andruschak/For CREB®Now "55 Years of Calgary Real Estate: 2015 CREB® President Corinne Lyall Corinne Lyall said changing market conditions benefited the buyer when she was CREB® president in 2015. Photo by Michelle Hofer/For CREB®Now "55 Years of Calgary Real Estate: 1998 CREB® president Alan Tennant Former CREB® president Alan Tennant recalls Calgary's real estate industry in 1998 was marked by continued adoption of new technologies and increased mobility among real estate professionals. Photo by Michelle Hofer/For CREB®Now "Surprise, surprise "Listing leverage New listing decreases, while not matching sales declines, are helping to dampen significant price drops, says CREB®. "Boomers making their mark Inner-city high rises like Park Point are serving a growing niche of downsizers. Illustration courtesy Qualex-Landmark "National homes sales post third consecutive decline "Life in luxury Some economists say they sense a growing optimism in Calgary, which has been reflected in the incremental gain reported in the $1-million-plus new home sector. CREB®Now file photo "Prices and population Richard Cho of CMHC said slower population growth as the result of Alberta's weak economy will place downward pressure on housing demand in Calgary. Photo by Wil Andruschak/For CREB®Now "Five things about CREB®'s Mid-Year Forecast "55 years of real estate: 1990 CREB® president John Fraser Former CREB® president John Fraser, who calls Okotoks home, recalled the Calgary region's real estate market as one marked by a renewed sense of optimism following a decade of obstacles. Photo by Michelle Hofer/For CREB®Now "55 Years of Real Estate: 1989 CREB® Past President Greg Houston Greg Houston said Calgary was still basking in its post-Olympic glow in 1989, which provided a bump for the local housing industry. Photo by Michelle Hofer/For CREB®Now "Calgary MLS® prices expected to rise in 'balanced' market