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Welcome to the Weekender!

I hope you all enjoyed the first week of spring, including the customary dumps of snow. (As usual, it seems Mother Nature isn’t quite ready to let us off the hook.)

This week’s jam-packed story lineup features two organizations trying to shape Calgary’s future in different ways, plus a breakdown of the city’s detached housing market, where high demand has led to strong sellers’ market conditions across multiple price ranges.

This week in CREB®Now

Calgary and area REALTOR® community to invest $300,000 in the creation of new housing options

The CREB® REALTOR® Community Foundation recently launched the application process for its 2021 Legacy Grant. Check out the full story to learn more about the foundation’s grant streams, eligibility criteria and how interested non-profit organizations can apply.

The Calgary Metropolitan Region Board’s draft growth plan aims to achieve the following results when compared against a “business as usual” scenario.
Courtesy of the Calgary Metropolitan Region Board

Share your opinion: Calgary Metropolitan Region Board launches final phase of public engagement for regional growth plan

The Calgary Metro Region Board (CMRB) recently launched the third and final phase of its public engagement process to capture feedback about the board’s draft regional growth plan. The engagement process ends on April 8, so make your voice heard – you won’t want to miss your chance to shape the future of Calgary and its surrounding communities!

Getty Images

Detached-home sellers are in the driver’s seat, as low mortgage rates fuel demand across Calgary

Calgary’s detached market is booming, with high demand and dwindling supply across many price ranges putting sellers in control. Here, CREB® chief economist Ann-Marie Lurie breaks down the forces that led to these sellers’ market conditions and predicts whether they will continue.

ICYMI

Getty Images

Canmore’s red-hot housing market is seeing “unprecedented” levels of activity, with no signs of slowing down

Calgary’s detached market is hot right now, but Canmore’s housing market is on fire. Check out the full story to find out what’s fuelling the flames.

The funnies

Gnarly.

Additional reading

Have a great weekend!