Suburbia was all the rage here in Calgary in the not so distant past but now the inner city reach for real estate is turning up the heat. Right now there are signs of shifting as the inner city becomes an explosive area for housing.
Becky Walters, Calgary Real Estate Board President, says that people are looking for the communities within the inner city to cut down on travel time. Instead of spending their valuable time on the transit system they're turning to the neighborhoods right inside the city for real estate.
The largest increases in average house prices between 2000 - 2012 were within the downtown core and areas surrounding it. There were 10 communities showing large increases with prices rising 205% up to 260% in these 12 years. According
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We know that mentioning a musician on a realty blog is not something you'd expect but we felt it appropriate to pay tribute to the passing of Stompin' Tom Connors, who passed away just recently. Originally born in Saint John, NB Stompin Tom passed away at his home in Peterborough, Ontario from natural causes at the age of just 77.
The reasons to set up a business in our city go beyond the fact that we're a really oil-rich part of the world though. If you look at the number of people migrating to Calgary from across North America and from elsewhere in the world you'll see that our