Calgary’s low housing demand is expected to persist through to the end of 2015, according to the Calgary Real Estate Board's mid-year forecast for 2015.

The vacancy in Calgary’s office market has risen more than two per cent from Q1 2015, moving from 10.67 to 12.75 per cent in the Q2.

Although longstanding landmarks in the Toronto, Montreal, Calgary and Vancouver skylines now command average rents 18 per cent higher than less iconic competition can muster, real estate analysts predict an emergent tenants' market will alter that picture.

RioCan has announced development updates related to two properties in the Greater Toronto Area (GTA) and one in Alberta.

Property management company C-Era Property Management & Realty Associa (C-Era) has been selected to provide financial, management, communications, record-keeping and administrative services for downtown Calgary’s Drake Condominiums (Drake).

The National Music Centre (NMC) will soon be called Studio Bell in its new home currently under construction in Calgary’s East Village. A twelve-year, $10-million

Construction is now underway on the 66-storey Telus Sky tower in Calgary. Designed by Bjarke Ingel Group (BIG), the 761,000-square-foot skyscraper aims to be the first building in the city to obtain LEED Platinum certification.

As of September 2015, the University of Calgary will offer a Master of Landscape Architecture (MLA) degree program through the Faculty of Environmental Design (EVDS). The program will be the first of its kind in Canada since 1980 and the only one in Alberta.

Across all housing types, January sales were 35 per cent lower than the 10 year average in Calgary, Alta., due to weakened economic conditions and a resulting lack of consumer confidence. At the same time, new listings rose 39 per cent, year-over-year, greatly impacting inventory levels.

J.A.R & Sons Enterprises, an affiliate of Remai Group, has purchased the Calgary Airport Marriot portfolio from Mitchell Group Alberta. Located about eight kilometres from

When compared with data from 2013, sales of GTA homes over $1-million (luxury sales) grew by a staggering 38 per cent in 2014, says Sotheby's International Realty Canada (Sotheby’s). In an annual report, the real estate sales and marketing company found that, across several of Canada’s major real estate markets, luxury sales finished the year with positive year-over-year growth.

Despite a year-over-year decline in residential sales for the month of December, Calgary’s condominium apartment and townhouse sectors set records in 2014. A total of 4,742 condominium sales took place in the region in 2014, an 18 per cent increase from 2013.

Year-to-date sales growth in Calgary’s condominium market is breaking records, according to data collected by the Calgary Real Estate Board (CREB). Throughout the region, all housing types experienced a growth in year-to-date sales. However, condominium apartment and townhouse sales are currently standing at record levels, with a combined increase exceeding 19 per cent.

A new mixed-use condo and commercial development has been announced for Calgary, A.B. The Royal, a 223-unit project with 90,000 square feet of retail and office space, will be developed by Embassy BOSA and First Capital Realty Inc.

Zeidler Partnership Architects' Calgary office has merged with the Calgary-based firm BKDI Architects. The new partnership will now be called Zeidler BKDI Architects, enabling the firm to provide a broader set of services to their clients.

Calgary has land in various stages of development for the next 15 to 20 years to ensure it can compete with cities in Canada and around the world.

Calgary's Corporate Industrial Land Strategy provides a framework for how the City will develop surplus land with the goal of injecting life into the economy.