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CALGARY – Calgary’s residential real estate market has been described as hot this year.But what Airdrie has experienced is simply sizzling.
After three quarters of the year, the small city north of Calgary has already set an annual record for MLS sales.Continue reading →
CALGARY – The heat from Calgary’s sizzling resale housing market is reaching out to communities outside the city as Airdrie, Okotoks and Cochrane have experienced record MLS sales.
In a report released Wednesday, the Calgary Real Estate Board said housing activity in Calgary’s surrounding communities continued at a brisk pace with record-setting quarterly sales in those three centres.
Year-to-date, 2,938 units were sold in surrounding towns until the end of June, a 30.46 per cent increase over last year.Continue reading →
House prices in Airdrie will likely be going up soon thanks to that city’s big southern neighbour. The City of Calgary is increasing the fees it charges Airdrie for water and sewer services. As a result, new houses in Airdrie will likely cost as much as $2,000 to $3,000 more. “A two grand hit is a big hit,” said developer Kent Sillars, president of the Vesta Group of Companies. Sillars said his company will try to absorb the price hike in the short term. “It will not be an impact in our product group in Williamstown for example overnight,” he said.Continue reading →