Thursday, May 1, 2025, 4:21 pm
Calgary’s housing market took a hit as the Real Estate Board reported a significant drop in home sales during April amid economic uncertainty. The slump has raised questions regarding buyer confidence and market stability, prompting industry experts to closely monitor trends for indications of a broader slowdown.
But housing activity remains stronger compared to economic downturn in late 2010s
The Calgary Real Estate Board says 2,236 homes were sold in April, marking a 22.3% decrease compared with the same month last year
permalink / 2 stories from sources in 3 days ago #economy #housing #business #albert
Alberta Premier Danielle Smith delivered a livestream address detailing her province’s strategy for renewed dialogue with Ottawa. She outlined bold initiatives and stressed the need for open discussion, all while the political tension simmers—proving that high-stakes negotiations can be both earnest and a rollercoaster ride. More...
Facing a dramatic reduction in seats post-election, the NDP has moved quickly to appoint an interim leader. The leadership meeting underscores the party’s urgent need to regroup and redefine its strategy, leaving both insiders and critics questioning if a fresh start might just be what’s needed. More...
Canadian financial heavyweight Mark Carney is journeying to Washington for a high-stakes meeting with U.S. officials amid mounting political and trade tensions. The visit, which has sparked considerable debate in policy circles, is being closely watched as it addresses shifting regulatory dynamics and broader transatlantic relations. More...
U.S. energy giant Sunoco LP has inked a cash-and-stock agreement valued at US$9.1 billion, including assumed debt, to acquire Calgary-based Parkland Corp. The deal unfolds amid heated boardroom maneuvers and rival shareholder ambitions, adding a dash of corporate drama to North America's energy market. More...
In a move that rattled global markets, OPEC+ announced a sizeable production increase, triggering a noticeable fall in crude prices as investors reacted amid thin holiday trading. The production boost has intensified concerns of oversupply and prompted recalibrations in market dynamics. More...
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