January 26, 2023 The City of Calgary has chosen SNC-Lavalin to be the delivery partner for Calgary’s Green Line LRT. SNC-Lavalin will be the construction project manager for Phase 1. Phase 1 will be 18 km in length and run from Eau Claire in the downtown area to Shepard in the South East. Construction is to start in 2024 and be complete in 2027. Total project will be 47 km in length and ...

Bank of Canada raises the lending rate by 0.25%.

Next schedlued date for interest rate adjustments is March 8, 2023.

Inflation is coming down slowly, but still above the target of 2%.  The irony is that the increased interest rates are contributing to increased inflation because housing costs are going up due to the increasing rates!

CREB 2023 Market Forecast - Summary 1. Elevated lendng rates are expected to weigh on sales throughout 2023;2. Sales will still be above pre-pandemic levels;3. In-mirigration and employment growth will offset the higher lending rates;4. Price growth is expected to be flat overall for 2023.  With perhaps, lower prices for the upper end properties and higher prices for the lower price point proper ...

2023 Tax Assessment Notices have been sent to Calgary Home Owners Now is the time to review your property tax situation.  From time to time it is advisable to check your tax status to see that you assessment is in line with where it should be.  If the city has information on your file about the house that is wrong, then you could be paying more than you should be.  It is worthwhile to ensure ...