My Home Calgary

Calgary, December 1, 2009 – The Calgary housing market is showing signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB®).

The number of single family homes sold in November 2009 in the city of Calgary were up 63 per cent from the same time a year ago, while condominium sales saw an even steeper increase—up 77 per cent from the same time a year ago.

Market rebounds on news that the worst of recession is over.

Calgary, September 1, 2009 – Calgary metro home prices made the first year-over-year increase on a monthly basis since February 2008 according to figures released by the Calgary Real Estate Board (CREB®). Prices received an added boost from the sale of a $10.3 million home earlier this month.

“Calgary’s housing prices are edging upwards as consumer confidence improves and demand continues to grow,” says Bonnie Wegerich, President of the Calgary Real Estate Board. “The recent $10.3 million-sale has undoubtedly boosted the average price this month, but even without this sale the average price is higher than a year ago.”

Calgary is the largest city in the province of Alberta, Canada. It is located in the south of the province, in an area of foothills and high plains, approximately 80 km east of the front ranges of the Canadian Rockies. The city is located in the Parkland region of Alberta. Calgary is the third largest civic municipality, by population, in Canada. As of the 2008 civic census, Calgary’s population was 1,042,892. The metropolitan population (CMA) was 1,169,492 in 2008, making Greater Calgary the fifth largest census metropolitan area in the country after Toronto, Montreal, Vancouver, and Ottawa. Because it is located 298 km due south of Edmonton, statisticians define the narrow populated area between these cities as the “Calgary-Edmonton Corridor.” Calgary is the largest Canadian metropolitan area between Toronto and Vancouver.

Calgary is well-known as a destination for winter sports and ecotourism with a number of major mountain resorts near the city and metropolitan area. Economic activity in Calgary is mostly centred on the petroleum industry; however, agriculture, tourism, and high-tech industries also contribute to the city’s fast economic growth. Calgary holds many major annual festivals which include the Calgary Stampede, the Folk Music Festival, the Lilac Festival, One Yellow Rabbit High Performance Rodeo — Calgary’s International Festival of the Arts, Wordfest: Banff-Calgary International Writers Festival, Calgary International Spoken Word Festival, One World Festival (GlobalFest), and the fourth largest Caribbean festival in the country (Carifest). In 1988, Calgary became the first Canadian city to host the Olympic Winter Games, and one of the fastest long track speed skating ice rinks in the world was built at the University of Calgary to accommodate these Games.

Calgary was ranked the world’s cleanest city by Mercer Quality of Living in a survey published in 2007 by Forbes magazine.