Lethbridge’s High Level Bridge is one of iconic places recognized in its 10th place ranking of best small cities in Canada for 2022.
3 Alberta communities make list of Canada’s best small cities
Royal LePage’s survey is based on data from 63 of the country’s largest real estate markets.
‘Stubborn’ B.C., Alberta homeowners unwilling to sell real estate: Royal LePage
The energy sector in southern Alberta looks very promising according to experts, especially with over $2 billion worth of renewable energy projects being built in the region.
Southern Alberta witnessing ‘unprecedented’ surge in renewable energy projects
SouthGrow Regional Initiative, an economic development organization based in Lethbridge, says this boom in renewables took flight about three years ago as the price of installations and equipment dropped low enough that incentive-free builds suddenly made more business sense.
In Calgary, total starts for the month were 736, down from 1,051 in August last year.
August new home starts fall one-third year over year in Alberta
Total starts in the CMA this year to date are 5,426 homes, compared to 6,442 starts to the end of August 2019. Last month’s figure puts builders on trend to start 8,344 homes in 2020, the lowest since the great recession of 2008/2009.
Next highest rates were in Saskatchewan and Newfoundland, tied at 14.8 per cent
Alberta has the highest mortgage deferral rates in Canada
The next highest deferral rates were in Saskatchewan and Newfoundland, tied at 14.8 per cent.
The survey by the personal finance site Finder.com found about one in 10 surveyed believe they will be forever renters.
Buying a home and leaving rental life behind is possible, say Alberta builders
Alberta’s new home builders are weighing on a recent survey finding a significant number of Canadians believe they may never be able to own a home.
Calgary’s real GDP will likely shrink by 5.5%, while Edmonton will likely see a 5.6% decline, CTV News reported.
Alberta housing markets may surprise investors post-recovery – report
Should COVID-19’s impact be moderated and the Albertan economy restarts in the next few quarters, the Calgary and Edmonton housing markets might see recovery sooner than expected.
Central Alberta is the only region in the province to record relatively stable sales in March.
The Alberta Real Estate Association warned that the figure needs to be “put in perspective” given the mixed levels of activity across the province.
Alberta has released a list of cuts it is making to the parks system, including 20 full or partial closures.
