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Happy Labour Day long weekend and welcome to the Weekender!
Campaign season is in full swing for both the upcoming municipal and federal elections. While housing affordability has taken centre stage in the platforms of the leading federal parties, the vote happening closer to home might have an even greater impact on real estate.
This October’s municipal election could be one of the most significant in Calgary’s history, with the mayor’s chair and 10 of 14 council seats wide open and up for grabs after the incumbents chose not to run. Our local government is about to include a lot of new faces, so now’s the time to get to know some of the contenders.
If you’d like to learn more about where Calgary’s leading mayoral candidates stand on the most pressing issues surrounding real estate and housing, register for CREB®’s 2021 Mayoral Forum livestream on Sept. 14. Registration is free and open to all members of the public. To register, click here.
Now that we’ve gotten that out of the way, we can dig into the news from this week, including new grant funding available for local housing and shelter non-profits, as well as an overview of Calgary-and-area housing market activity from the month of August.
Let’s dive right in!
This week in CREB®Now
CREB® REALTOR® Community Foundation has opened up applications for its 2021 Community and Transformation Grant programs. Read on to learn more about the grants, which organizations are eligible and previous recipients.
Check out the full recap of last month’s housing market activity in Calgary and surrounding areas, featuring commentary from CREB® chief economist Ann-Marie Lurie.
In preparation for this year’s event, let’s take a trip down memory lane to the 2017 Mayoral Forum, when Mayor Naheed Nenshi squared off with challengers Bill Smith and Andre Chabot over topics that ranged from campaign donors and arena negotiations to secondary suites.
- CTV News Calgary – House sales continue to surge in Calgary, but slow from record-setting pace
- Calgary Herald – Calgary housing market remains hot despite signs of cooling
- Calgary Herald – Posthaste: How election promises could make Canada’s hot housing even hotter
- Calgary Herald – New mortgages surge to record high, raising red flag about HELOC growth
- CBC Calgary – Living in her car: Utility bills pushing some working Calgarians over the edge
- Calgary Sun – ELECTION PANEL: How does each party intend to tackle the affordable housing issue?
- Heritage Calgary – The Hidden History of a Calgary LGBTQ2+ Landmark
- Calgary Herald – Alberta’s big cities remain affordable compared to other Canadian real estate markets
- Calgary Herald – Out-of-province buyers paying attention to Alberta’s high-end real estate market
Have a great weekend!