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Today is Black Friday. Unfortunately, while this celebration of big sales and slashed prices might get you a sweet deal on a TV, you’re unlikely to find a home at 50 per cent off. The good news is the real estate news I’m about to share with you is completely free – now there’s a deal!
This week in CREB®Now
Courtesy of the Town of Cochrane
COVID-19 is boosting home sales in Calgary suburbs, surrounding areas – will that momentum last?
Housing market statistics from the last several months have made it clear COVID-19 is pushing some Calgary-area homebuyers outward to the city’s newest suburbs and surrounding areas. What is less clear is whether this is a lasting shift in consumer preference or a flash in the pan that will disappear along with the virus. Only time will tell, but for now, industry observers have a few theories.
Courtesy of Graywood Developments
Graywood Developments signals confidence in Calgary market with two new condo projects
Calgary’s condominium apartment sector has experienced its fair share of struggles over the last several years, and the COVID-19 pandemic’s tendency to push buyers toward spacious, detached homes hasn’t helped. However, one developer is confidently forging ahead with two new condo projects in the inner city. Read on to find out why Graywood Developments is betting on Calgary.
REALTORS® Care Week ends today and we’re capping off the event with this story, which highlights six non-profit organizations in the Calgary community that provide vital housing and shelter services to those in need.
ICYMI
Fleeting fun: remembering Calgary’s Bonzai waterslide park
Sick of winter weather already? (Yes, I know winter doesn’t technically start for another 24 days.) Longing for the warm embrace of summer? Unfortunately, I can’t change the seasons on a whim, but this story should provide just the right dose of hot-weather escapism that you’ll need to get you through the next few months.
The funnies
connor mcdavid got a house with the most threatening aura known to man pic.twitter.com/TTq0BtuIK4
— SEAN DAY (@claudgiroux) November 24, 2020
It looks like the photos from the original tweet have been taken down, but you can still see them here. If you showed me this house without telling me who lived there, my guess would have been a Bond-film supervillain. Or maybe a family of robots.
Additional reading
- CBC Politics – What to expect from the federal government’s long-awaited fiscal update
- Calgary Herald – City restores local state of emergency as COVID-19 cases rise in Calgary
- National Post – Make your smart home smarter
- CBC Calgary – River surf park could be built in town of Cochrane
- CBC Calgary – Calgary warms up parks with temporary fire pits and free firewood
- Financial Post – Posthaste: Here’s what 3.1 million Canadians did after taking advantage of payment deferrals
- CBC Politics – Anxiety, criticism greet arrival of Liberals’ revamped commercial rent relief program
- Financial Post – Bank of Canada deputy downplays risks of consumer default wave
- CBC Calgary – City council to debate $90M in budget cuts
- Calgary Herald – ATCO Village lights up for veterans who call area home
Have a great weekend!
