Alberta

Buying vacation homes in two of Alberta’s most prominent resort communities cost less in early 2012 than it did a year ago, according to Re/Max Real Estate. The trend reflects recreational markets across most of the west.

It may be easier to find a vacant apartment in Fort McMurray these days than it once was, thanks to an increase in vacancy in the oilsands capital, but that doesn’t mean apartments there are exactly affordable.

As the man offering economics wisdom to city officials and business leaders, Rose keeps a close eye on the numbers.

Edmonton employers are having such a hard time finding enough workers, even for high-paying positions, that a labour shortage is threatening a booming economy.

Oil-rich Calgary has seen listing of homes priced at $1 million or more increase 92 per cent this year compared to 2011, the highest increase for luxury home listings in Canada, a recent survey shows.

A judge's decision allowing for an agreement between the Town of Canmore and the receiver overseeing Three Sisters Mountain Village (TSMV) assets is viewed as a necessary step by Canmore's MLA and former mayor, but much still needs to happen before t

Building permit totals for the first four months of 2012 in Lethbridge hit $54.5 million, up almost 49 per cent from 2011.

Edmonton's industrial vacancy rate failed to climb much in the first quarter of 2012, despite new inventory hitting the market. According to Colliers International, industrial vacancy in the Greater Edmonton market was sitting at 3.

The City of St. Albert has signalled a willingness to think outside the traditional build-and-own model for municipalities.

The Town of High River latched onto a bargain earlier this spring. The growing community of 12,000-plus south of Calgary is acquiring a 15-acre parcel of donated land from Spitzee Crossing Group as the home for a new leisure centre for the community.