Calgary Herald

September MLS sales in Calgary second best ever

Calgary’s resale housing market fell just short of setting a new peak for MLS sales during the month of September as the city recorded its highest level of transactions since 2005.

Calgary downtown office market set to expand

Calgary’s downtown office market could expand by 25 per cent by 2020 should all the current and proposed projects move forward, says a new report by commercial real estate firm JLL Canada.

The Globe and Mail

Sliding oil prices fail to dent Calgary property values and sales

Calgary’s real estate market often reflects what is happening in the energy market. But right now, home buyers are defying this pattern. The price of oil is at a two-year low, but Calgarians are still hot on homes.

Pimco says Poloz could be forced to renew rate hike warnings

The Bank of Canada will be forced to renew warnings of the possibility for higher interest rates in order to halt a “bubble” from forming in the housing market, according to Pacific Investment Management Co.’s Ed Devlin.