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Welcome to the Weekender and happy Pride Month to all our readers from the LGBTQ+ community!
This week’s lineup includes details of the latest changes to the stress test for uninsured mortgages, a historical home with deep ties to Calgary’s earliest Francophone residents and the City of Calgary’s new home improvement webinar library.
Let’s get you caught up!
This week in CREB®Now
If you’re in the market to buy a home, you should take note of the latest changes to the stress test for uninsured mortgages. Read on to find out how your home search might be affected by the new rules.
In our latest Historical Home Spotlight, we feature one of the oldest homes in Calgary, which has been a fixture in the inner-city community of Mission for more than 135 years.
With almost all in-person events moving online over the past 14 months, the City of Calgary needed to adapt its public outreach and educational offerings to the virtual environment. The result is a new library of home improvement webinars Calgarians can access through the City’s website. Check out the story for all the details.
Everything old is new again, and in the world of home design, the latest “retro” style to make a comeback is the conversation pit. Check out the story to learn more about the conversation pit’s rise and fall (and rise), and why this nostalgia-inducing design feature is perfect for moving past the loneliness of the pandemic.
Soooo my husband just came crashing through the attic of our new home today after I told him to leave the work up there to the professionals and I—
Anyway, how is your day going? 🥲 pic.twitter.com/m8h6g9EdYe
— Kelsey Byrd, DO, MBS (@KMurryByrdDO) May 27, 2021
DIY isn’t always all it’s cracked up to be.
- CBC Calgary – Repsol Sport Centre gears up for major expansion
- mortgagebrokernews.ca – Are first-time homebuyers being unfairly targeted?
- Financial Post – The growing wealth gap in Canada’s largest cities could spur a boom in the Prairies
- CTV News Canada – Not just the pandemic: Why housing prices are skyrocketing, and what could come next
- CTV News Canada – Millions of people will move to Canada in the next 20 years, but where will they live?
- National Post – Condo noise is driving work-from-homers to the brink
- Calgary Herald – Centron’s new downtown towers project builds on confidence in city’s core
- Financial Post – Three ways Ottawa could really help boost housing supply without crossing the line
- Financial Post – Bank of Canada holds rate, expecting strong rebound this summer
- CBC Business – Higher consumer debt driven largely by new mortgages, Equifax says
- RE/MAX Canada News – Canadian Luxury Real Estate Markets Are Thriving
- mortgagebrokernews.ca – Navigating appraisals during the pandemic
- Canadian Real Estate Wealth – Housing is driving the Canadian economy
- mortgagebrokernews.ca – Feds make affordable housing investment in Calgary
- CBC Calgary – What’s in a name? As Alberta towns consider merger, residents mull what to call combined community
- CBC Calgary – Alberta launches tour to pitch province to investors in the rest of Canada and beyond
- Calgary Herald – Most millennial buyers prefer to work with an agent despite pandemic
Have a great weekend!