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Welcome to the Weekender!
It’s been a busy news week. On the COVID-19 front, eligibility for the AstraZeneca vaccine was extended to Albertans born in 1981 and earlier, so book your shot if you can. If you’re wondering whether you’re eligible for any of the available vaccines, click here.
Meanwhile, when it comes to the world of real estate, CREB®’s Q1 2021 Calgary and Region Quarterly Update Report was released, which features statistics and expert commentary from CREB® chief economist Ann-Marie Lurie.
That report is just one piece of this week’s can’t-miss lineup, which also includes the outlook for Alberta’s recreational property market heading into the summer and design advice for homeowners.
Let’s dive right in!
This week in CREB®Now
Alberta’s hot vacation property market is expected to get hotter, according to a recent report from Royal LePage. Check out the full story for all the details.
Even if you’ve made it your mission to watch as much HGTV as possible during the pandemic, making major design and décor decisions for your own home might not be your forte. Thankfully, we spoke to the experts for some can’t-miss strategies that will leave your humble abode looking its best.
Here CREB® chief economist Ann-Marie Lurie breaks down the variables and trends that shaped the Calgary-and-region housing market throughout the first quarter of 2021, including in-depth statistics from each product segment and surrounding area. The report is now available in an easily accessible format on crebnow.com, so you can quickly find the information you need.
A new campaign is trying to raise awareness about Calgary’s heritage buildings and districts, while promoting the repurposing of these historic sites to meet the needs of modern-day Calgarians. Check out the full story for more details about the campaign and to learn how success stories like cSPACE King Edward offer a blueprint for future revitalization projects.
Finally got around to decorating my apartment pic.twitter.com/557mFvitfc
— Nathan Hare (@nathanharenice) April 12, 2021
In this house, we eat fresh.
- CTV News Calgary – Community of Currie celebrating some of Calgary’s oldest trees
- Maclean’s – The mystery mansion near Calgary that has everyone talking
- CBC Business – Bank of Canada offers fresh hints that interest rates will rise next year as economy surges
- CBC Calgary – $77K raised from Centre Street Bridge artifact auction will help mark Calgary’s historic sites
- Financial Post – Bank of Canada hikes economic forecast, opening door to rate hike in 2022
- Real Estate Magazine – When are buyers entitled to rescind a purchase agreement?
- Financial Post – Trudeau government’s federal budget enters housing fray with tax on foreign owners
- CBC Calgary – New Green Line images show proposed downtown tunnel and new green space in Eau Claire
- Calgary Herald – Vivo set for groundbreaking of $62M expansion of N.E. rec centre
- Calgary Herald – Condo fees are a case of ‘pay me now or pay me later’
- Calgary Herald – FOMO conditions: more Albertans worried about being priced out of market
- mortgagebrokernews.ca – Federal government, CMHC announce second round of Housing Supply Challenge
- Calgary Herald – Proposed mortgage stress test changes may only slightly dampen Calgary’s real estate market
Have a great weekend!