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Welcome to the Weekender!

I’d like to kick things off with a bit of good news, because good news has so often been hard to find during the last year: all Albertans 30 years of age or older are now eligible to receive a COVID-19 vaccine, and everyone 12 or older will be eligible starting Monday. For more information about vaccine eligibility or to book an appointment, click here.

Now that that is out of the way, this week’s story lineup is heavy on analysis – and I mean that in the best way possible – so I hope you’re ready for some fascinating deep dives into COVID-19’s long-term impacts on the real estate industry, the latest housing market data, and the City of Calgary’s Greater Downtown Plan.

This week in CREB®Now

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Year one of COVID-19 pandemic brought sweeping changes to Calgary real estate and the way business is done

The business of building, buying and selling homes has changed quite a bit in the last 12-plus months. Some of those changes might not stick around after the pandemic ends, but others could be here to stay. Here we explore those changes to find the key takeaways for real estate consumers and industry players.

April 2021: Demand for homes remains high with record sales this month

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.

Cody Stuart / CREB®Now

Calgary’s new downtown plan seeks to benefit current residents, and attract new ones

The city’s downtown core could be in for a major facelift over the next several years as part of a bold new plan to rethink and revitalize the area for generations to come.

ICYMI

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New homes and renovation services now come at a premium, as lumber shortage drives up construction costs

Find out how we got here, how you might be impacted, and when industry experts expect supply to catch up with demand.

The funnies

Mansion-ception.

Additional reading

Have a great weekend!