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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Weekend retreats

Alberta vacation communities for Calgarians

During the summer months, it’s always nice to be able to get away from the hustle and bustle of the city for a little R and R – whether for a few weeks or only a weekend – which is why the idea of owning a vacation property is so appealing to many Calgarians. Thankfully, there are no shortage of options here in the province for vacationers of all stripes.

Here are 10 popular vacation communities within three hours of Calgary:

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Back to the future

High hopes for high-speed hyperloop

They might not see eye-to-eye on much, but Calgary and Edmonton are united by their interest in the latest effort to bring high-speed transportation to Alberta. The hyperloop concept consists of pressurized aluminum pods travelling in tubes. Using magnetic propulsion and levitation, the system can exceed speeds of 1,000 km/h. Calgary to Edmonton in less than half an hour, anyone?

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Density dilemma

Study finds major Canadian cities have room to improve when it comes to densification

Densification is a buzzword now in the real estate industry, and it’s certainly on the minds of many policy makers in cities across Canada, including Calgary.

If you travel to cities around the world, you will see firsthand how the other half lives, so to speak. More people are living close together in those global cities.

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