A big congrats to our friends on the sale of their townhouse. Celebration time!

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New House Prices On The Rise In Alberta

The average price of newly built homes in Alberta was on a downward trend before the pandemic, but has picked up some steam in recent months.

As of February 2020 (the month before the pandemic was declared), the new home price index for Alberta was 2.6 per cent below where it was in December 2016.

The price index barely moved during the pandemic in 2020, but it did get as low as 3.3 per cent below the baseline set in December 2016.

The index ticked up slightly in each of the first four months of 2021 to reach its highest level in six years. The increase, however, was modest at just 1 per cent above where things stood at the end of 2016.

The paths…

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Victoria Day 

Why is May 24th known as Victoria Day?

“The 24th of May is the Queen’s birthday If we don’t get a holiday, we’ll all run away!”

Canadians observe Victoria Day on May 24th or on the preceding Monday. For most of us, the arrival of this day means we can start planting our vegetable and flower gardens and put the long winter behind us. For the majority of Canadians, it also means a welcome long weekend. But how did Victoria Day come about, and why do we celebrate it?

Origins

This holiday is named after the British monarch who gave royal assent to Confederation. Queen Victoria, who reigned over Great Britain, was born on May 24, 1819. She enjoyed the longest reign in British history, ascending the throne in 1837 and ruling until…

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JUST LISTED!!

263120 Range Road 13, Rocky View County

View the video here: https://www.youtube.com/watch?v=63Kljm2GI9w

$1,999,900 MLS A1105275

19.57 acres, fully developed in floor heated walkout home

2190 sq ft up, 1907 sq ft down

3 bedrooms + flex room

3 bathrooms

Oversized double garage, 2 shops-60x40 and 60x30

Call/text Yasin @ 403-681-0319 for more info or to book your showing

Country living at its finest! Amazing custom-built walkout log home w/over 5400 sq ft of dev living space & sweeping views! This home is situated on almost 20 acres of prime real estate & is a 1/2 mile to the Airdrie city limit & 1 mile to the Calgary city limit. From the moment you enter & see the gorgeous double-sided staircase you will be…

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Coming soon! 20 acres with gorgeous walkout log home, attached garage plus 2 large shops & mature trees! Mins to both Airdrie and Calgary. $1,999,900 263120 Range Road, Rocky View County

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Best March On Record For Alberta Oil Production

ATB Economics | May 12, 2021


After pulling back in January and February, the volume of daily oil production in Alberta increased by 1.5 per cent in March, averaging 3.62 million barrels per day.

This is the best March on record with year-over-year production up by 1.2 per cent compared to March 2020 and by 4.4 per cent compared to March 2019.

Average daily oil production got as low as 2.89 million barrels in May 2020.

Even with the pandemic still in play in Alberta and around the world, strong oil prices (WTI futures have been above $US60 per barrel since mid-April) and the economic recovery in the U.S. should continue to push up…

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JUST LISTED! 263090 Butte Hills Way, Rocky View County View all of the pictures and details of this home by visiting: https://matrix.pillarnine.com/DE.asp?p=DE-18143860-17... View the video here: https://www.youtube.com/watch?v=mLrXRIvvFFM&feature=youtu.be $914,900 MLS A1103222 2 acres, fully developed walkout bungalow 1626 sq ft up, 1454 sq ft down, in-floor heated 2+2 bedrooms 2.5 bathrooms Oversized triple garage Call/text Yasin @ 403-681-0319 for more info or to book your showing Amazing acreage with fully developed in floor heated walkout bungalow on almost 3 acres in Butte Hills. This home is just mins to Calgary and Airdrie! Meticulously maintained both inside and outside! Imagine sitting on…

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JUST LISTED!

216 Appaloosa Lane SE, Airdrie in Yankee Valley Estates

View all of the pictures and details of this home by visiting:

https://matrix.pillarnine.com/DE.asp?p=DE-18082830-492...

View the video here: https://www.youtube.com/watch?v=6fCCokC2Vwc

$924,900 MLS A1099715

2 acres, fully developed 2 Storey right in Airdrie

2361 sq ft up, 1216 sq ft down

3+1 bedrooms

3.5 bathrooms

Oversized triple garage with epoxy coated flooring, cabinets & shelving

Call/text Yasin @ 403-681-0319 for more info or to book your showing

Beautiful 2-acre country living at it finest with this lovely home situated in Yankee Valley Estates with a superb mountain view. This immaculate 2 story home is complete with newer exterior Hardie…

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ATB Economics | May 10, 2021

Lumber Prices Setting Records

   

The surge in lumber prices over the last year has been stunning with North American benchmark prices setting new records each week. Chicago lumber futures, for example, started 2020 at just over US$400 per thousand board feet but hit the 1,700 mark at one point on Friday.

With COVID-related restrictions in the U.S. easing and the spring construction season underway, the demand for lumber south of the border has increased.

At the same time, the Canadian residential construction industry is expected to do well this spring and summer. Data…

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