Posts

Fires at new housing projects, vacant properties in Edmonton up 66% since 2022 (Edmonton)

The number of fires in Edmonton that involved homes under construction and vacant properties where infill could be built went up by 66 per cent over four years, according to the city’s fire department.        Read more: https://tinyurl.com/4hchue9c       

Edmonton wants to grow its tree canopy but some developers oppose bearing cost (Edmonton)

One tree and four bushes will be the bare minimum landscaping for single-family infill development in Edmonton, and developers will have to put the money up front — or risk losing the deposit and having the city do the planting for them, if it’s not completed in a timely manner (12 to 18 months).       Read more: https://tinyurl.com/2z8njznr     

Varcoe: Second time around, Alberta's new finance minister won't open spending floodgates amid higher oil prices (Alberta)

When Jason Nixon was first appointed Alberta’s finance minister in June of 2022, oil prices were surging above US$106 a barrel in the wake of Russia’s invasion of Ukraine.       Read more: https://tinyurl.com/59y9vchr     

New Costco location approved in Edmonton (Edmonton)

The City of Edmonton approved a permit to build a new Costco.       Read more: https://tinyurl.com/5c7fbkn9     

Graphic of the week: How home prices are affecting Canadians' preferences for weddings (Canada)

It appears Canadians are going for walls before weddings.       Read more: https://tinyurl.com/3r8ahhe2     

Rocky View County seeks input on tourism growth (Cochrane)

Rocky View County is seeking public input as it explores how tourism-related development should be managed and supported across the region.       Read more: https://tinyurl.com/2ta58kpk     

Hotel rooms booked across the region for upcoming Special Olympic Games (Medicine Hat)

As Medicine Hat is less fewer 80 days away from hosting its first ever national multi-sport event, members of the organizing committee provided an update on accommodations, logistics and the competition to city staff and councillors Monday.       Read more: https://tinyurl.com/2ca3p392     

Blink and you’ll miss them: inside the six luxury inner-city homes up for grabs (Australia)

An ultra-limited collection of luxury apartments has gone to market in the heart of Brisbane, and has already sold one of its six homes.        Read more: https://tinyurl.com/d96k5hka    

The 20-Year Outlook: Southern Alberta's Real Estate Renaissance

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  As Alberta's real estate landscape evolves over the next two decades, the southern region encompassing Medicine Hat, Lethbridge, and surrounding areas stands poised for a transformation driven by affordability, economic diversification, and strategic growth management. While major urban centers like Calgary and Edmonton continue to dominate headlines, these southern markets offer unique investment opportunities that could deliver substantial long-term returns.   Economic Foundations and Population Dynamics   Southern Alberta's real estate future will be shaped by several key economic factors. The province's real GDP is forecast to moderate to 1.8% growth, with population growth expected to slow to 1.1% in 2026 after peaking at 4.7% in the 2024 census year 3 . This moderation actually creates a more sustainable growth trajectory for the long term, preventing the boom-bust cycles that have historically characterized Alberta's real estate market.   The Lethbridge-Med...