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Alberta

Alberta property rights legislation fight begins

Alberta property rights legislation fight begins

Livingstone-Macleod MLA Pat Stier introduced a bill to overturn parts of Alberta Land Stewardship Act
Calgary home sales improve

Calgary home sales improve

Sales have increased since 2015, despite low inventory and declining prices
Calgary developer invests in Mexico's booming resort market

Calgary developer invests in Mexico's booming resort market

Recent government rule changes allow Canadians more freedom, flexibility and safety to own Mexican real estate
Edmonton's office vacancy rises as oversupply saturates the market

Edmonton's office vacancy rises as oversupply saturates the market

Supply continues to rapidly outpace demand in the city as Edmonton Tower is poised to face negative absorption
Calgary's new condo sales plunge

Calgary's new condo sales plunge

Developers switching condos into rentals as unsold inventory hits a 16-year high, but rental vacancy rates are also soaring
Lethbridge has Alberta's leading economy

Lethbridge has Alberta's leading economy

With stable transaction activity and high cap rates, the city's real estate market is stronger than that of most areas in the province
Calgary’s office market not expected to recover anytime soon

Calgary’s office market not expected to recover anytime soon

"No net absorption is expected in 2017 and business investment will be relatively low ... continued upward pressure on vacancy is expected," according to Avison Young
World’s biggest marijuana production plant will sprout in Leduc, Alberta

World’s biggest marijuana production plant will sprout in Leduc, Alberta

The 800,000-square-foot facility indicates a potentially huge demand for industrial and retail space, with the pot industry set to become a projected $10 billion industry once legalized in Canada
Deerfoot Mall welcomes Canadian Tire

Deerfoot Mall welcomes Canadian Tire

The addition of the 103,000-square-foot store indicative of a recent retail surge in Calgary
Prairie market outlook: Investors show confidence into 2017

Prairie market outlook: Investors show confidence into 2017

Developers dust off plans as oil provinces prepare for an uptick in a commercial real estate market led by a “surprising” retail-sector surge