Repeat home sale prices continue to fall in Calgary and Edmonton
In Calgary, the index fell by 0.8%, for a cumulative decline of 3.2%; in Edmonton, it fell by 0.1%, for a cumulative drop of 3.5%
Commercial real estate investment up in Calgary, Edmonton
Altus Group report predicts similar growth in both cities in 2019
Housing starts plunge in Calgary and Edmonton regions
Housing starts for single-detached properties down 30% year over year in the Calgary region, 36% in the Edmonton area
Calgary, Edmonton head in opposite directions for building permits
Calgary reached $489.7 million in January. Edmonton permit values declined to $287 million
Record number of vacant new homes in Edmonton
Vacant housing in Calgary is also touching record levels, according to an ATB report.
Commercial real estate investment in Calgary, Edmonton forecast to decline
Moderate economic growth continues to be dampened by lack of pipeline capacity, according to CBRE report
Historically elevated listings cause downward pressure on home prices
The benchmark price in Calgary was down 3.9% year-over-year in January to $410,200 while in Edmonton it fell by 2.9% to $317,200
Calgary/Edmonton repeat home sale prices drop significantly
At the national level, prices were off by 1% from their peak in September 2018
Calgary/Edmonton commercial real estate investment climbs in 2018
Year-over-year sales increased notably and total dollar volume rose substantially
