Real estate firm Cushman & Wakefield is ranking Calgary with Moscow, Houston, and Aberdeen, Scotland, as the 'oil-centric cities' whose downtown office real estate markets have been hardest hit by the global oil price shock.
A developer with a 50 per cent stake in a proposed residential tower project that would occupy a full city block downtown says he remains bullish about the Beltline's real-estate market, despite Alberta's recession.
More people have purchased single-family homes on the upper-end of Calgary’s resale market than the same time last year. There were 932 sales for single-family homes priced $800,000 and higher in the city between Jan.
There is mounting proof that home prices are rising at a faster rate, Canada's federal housing agency said Wednesday as it increased its risk rating for the national housing market to its highest level for the first time.
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