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Alberta

Calgary home sales down 9% in August as high inventory driving price declines: board

Calgary home sales down 9% in August as high inventory driving price declines: board

CALGARY — The Calgary Real Estate Board says home sales in the city declined 8.8 per cent in August compared with last year but remained above long-term trends, reflecting relatively strong demand.
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Residential land demand slows as macroeconomic uncertainties continue

Residential land demand slows as macroeconomic uncertainties continue

Buyers play it safe with well-located sites that offer a clear route to development.
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Western Canada job vacancies outpace the national average

Western Canada job vacancies outpace the national average

Regional job market shows strength relative to the national situation.
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Hudson's Bay, lender say landlords fighting Ruby Liu because of 'ulterior motives'

Hudson's Bay, lender say landlords fighting Ruby Liu because of 'ulterior motives'

TORONTO — Hudson’s Bay and one of its top lenders are accusing landlords of having "ulterior motives" for opposing a push to sell 25 leases to a B.C. billionaire.
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Court monitor says it doesn't support Hudson's Bay plan to sell leases to Ruby Liu

Court monitor says it doesn't support Hudson's Bay plan to sell leases to Ruby Liu

TORONTO — The court-appointed monitor overseeing Hudson's Bay's creditor protection case says it's against landlords being forced to accept a B.C. billionaire's plan to buy more than two dozen of the retailer's leases.
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Hodgson 'hopeful' first batch of major projects announcements to start in fall

Hodgson 'hopeful' first batch of major projects announcements to start in fall

OTTAWA — Natural Resources Minister Tim Hodgson said he is "hopeful" that the government will start announcing major infrastructure project approvals in the fall.
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Economists split on BoC's next rate move after July inflation data

Economists split on BoC's next rate move after July inflation data

OTTAWA — Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need a bit more convincing to cut its key interest rate next month. The annual rate of inflation fell to 1.
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Renting vs. buying: Is renting for life really that bad?

Renting vs. buying: Is renting for life really that bad?

The rent-versus-buy debate has long divided financial experts and aspiring homeowners, with no clear winner in sight.
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Canmore, second homeowners continue advocacy on town's proposed vacancy tax

Canmore, second homeowners continue advocacy on town's proposed vacancy tax

Revenue generated will fund initiatives to support non-market housing
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Private investors fuel Calgary office transactions in busy first half

Private investors fuel Calgary office transactions in busy first half

Opportunistic deal-making drives the most active market in Western Canada
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