Greatest Boom Ever

For Keira Azzopardi and her fiancé, Stephen Monus, the experience of house hunting in Toronto has been a mixed bag of hope,  excitement  and stress.       Read more:  https://tinyurl.com/4uu6udy5  

Calgary city  councillors  voted to send  a number of  proposed restrictions for development in high flood risk areas back to city administration for more engagement with the public.       Read more:  https://tinyurl.com/5n84n9nb        

Hot,  it’s  not.     Read more:  https://tinyurl.com/3rkha9t6        

Activity in Calgary’s surrounding markets in March mostly declined versus the same period a year ago, continuing the trend of decreasing demand and growing supply in most outlying communities. Calgary Real Estate Board statistics from last month reveal that all but one community saw year-over-year drops in home resales.           Read more:  https://tinyurl.com/39k4857h  

The busy spring market may be poised for cooler conditions than previous years, given recent market data. Yet slower March resales, fewer listings and declining prices may not necessarily continue over the next several weeks.       Read more:  https://tinyurl.com/y8jxt5aa     

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026, while the number of homes across the country sold in March fell 2.3 per cent from a year earlier.       Read more:  https://tinyurl.com/4xpkz9zm  

New REMAX Canada research suggests a long-term “downsizing wave” could be on the horizon in Canada’s housing market, as the aging population looks toward the future and considers their next move. However, survey findings suggest the shift could unfold gradually, as limited availability of suitable homes continues to delay movement among older homeowners.       Read more:  https://tinyurl.com/2me7wmtd  

Before most of us have had our first coffee, we are already surrounded and supported by steel. The frame of our homes, our appliances and furnaces. The rebar in our schools and hospitals. The bridges we cross, the vehicles we drive, the wind turbines rising on the prairie horizon. Steel is so woven into daily life that we barely notice it.       Read more:  https://tinyurl.com/57b5wb7p  

Ground has officially been broken for a new residential community in the Westmount area in Okotoks.       Read more:  https://tinyurl.com/mr2wjnps     

To buy or not to buy? That is an option many first homebuyers with small deposits are grappling with as interest rates and general living expenses rise.     Read more:  https://tinyurl.com/y3temdex       

Canadian oil and gas producers are  benefiting  from the surge in commodity prices driven by the Middle East war, but they say  it’s  not changing their investment plans in the near-term.   Read more:  https://tinyurl.com/46amfz63         

“The world needs Alberta oil and gas now more than ever,” said Brian Jean, minister of energy and minerals. “Taking action to accelerate the approval process is critical for Alberta to unleash its energy potential and ensure a sustainable sector for decades to come.”     Read more:  https://tinyurl.com/vecb3xth       

Edmonton and region have long played a critical role in ensuring housing supply keeps pace with growth. Last year alone, Alberta recorded more than 50,000 housing starts, including more than 21,000 in the Edmonton region. As more people choose to live here, the question is not whether Edmonton will grow — it is how, and where people will live.       Read more:  https://tinyurl.com/4ht6bmew  

Negotiations for an end to the Iran war have so far failed, and the Strait of Hormuz  remains  effectively closed.        Read more:  https://tinyurl.com/48pfstj9