July 2016

Here in Calgary, we have a front row seat to what’s been happening as a result of oil prices falling through the floor.  We’ve watched while downtown office buildings have started to empty as the unemployment rate has almost doubled.  There have been salary cuts, less spending going on in our stores and the sheer volume of sales in real estate is also down.

Yet despite the dreary news coming at us almost daily, real estate prices have hardly dropped.  Maybe a half percentage here and there.  It would appear that the only thing stable in our economy, relatively speaking, are home prices.  The average sale price in Calgary in the first six months of 2016 is $479,464 according to the Calgary Real Estate Board. Comparing this to the 2014 average that just

A very cool luxury town home development is going in at the corner of Parkdale Boulevard and 29 Street NW.   It’s a high-profile location and is attracting a lot of attention. Constructed by Brookfield Residential, the 24-home project at this prime inner-city location will offer townhomes in the low $600,000s and up.

Excellent Location

Parkdale is a beautiful community with old elm trees and Manitoba Maples with a variety of luxury infill homes located throughout the neighbourhood.  A townhome in The Henry is an excellent opportunity to enjoy a maintenance-free lifestyle and to get into this neighbourhood for under $1 million.

The location is second to none.  It’s right across the street from the pathway on the north side of the Bow River.  Run

It’s business as usual at the Calgary Polo Club.

Despite being an exclusive sport, the current economy in our city doesn’t seem to have had an impact on this somewhat elitist past time.

The Calgary Polo Club was established in 1890 with its current location south of the city in DeWinton next door to Strathcona-Tweedsmuir School and as far as hobbies go, the sport is not cheap.

Richard Coté is the club president and in a recent interview with the CBC he said that the Club is always open to working with members.  Retention is important to keep the rural facility up and running.

He also stressed the fact that there are ways to reduce the cost for both beginners and for the club’s elite players.

New members really need a pair of appropriate