In 2023, urban issues dominated local headlines. The Valley Line Southeast opened after a three-year delay. Edmonton’s new zoning bylaw passed 11-2 and attracted nearly 300 people to a five-day public hearing. Migration to Alberta surged, with 31,371 from international origins and 13,926 from other provinces. And of course, macro factors like inflation, rising interest rates, and labour shortages were top-of-mind. Above all, housing was in the hot seat.
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The average price of home in Calgary may have been rising to new heights recently, pinching buyers’ pocketbooks, but a new study has found real estate remains affordable compared with many other cities, including the United States.
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One million dollars isn’t what it used to be in Calgary’s resale real estate market.
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Edmonton’s resale market has long been comparatively well-priced to other major real estate markets in Canada, and luxury is no exception, a new report shows.
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Red Deer residents have raised some concerns with the new Zoning Bylaw’s increase in allowable building heights.
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Carnival Cinemas has a new vision in mind for their location in Red Deer’s Capstone neighbourhood.
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City of Red Deer and Red Deer County are tapping $100,000 in provincial funding to identify joint economic development targets.
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Work on three major roadways in Medicine Hat is about to begin, including a remake of Division Avenue, leading to a summer of road closures in the city centre and blockage of a main route to the north end in late spring.
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Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada’s national housing agency continues to forecast housing start levels that fall short of growing demand.
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Rent for properties in Nairobi and its environs showed moderate growth in the first quarter of 2024 as prime clients defied the tough economic conditions across the country.
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