ClearView Insider

Calgary saw a decline in housing starts in April, following several years of record-setting residential construction activity across the city. While the slowdown reflects a moderation from exceptionally high levels of development, Calgary continues to remain one of Canada’s most active housing markets. Recent CMHC data showed Calgary leading major Canadian municipalities in housing starts, driven largely by apartment and purpose-built rental construction. The latest figures s

Calgary City Council has delayed a final decision on the future of the downtown CTrain Free Fare Zone, with the discussion now expected to continue into 2027. The Free Fare Zone has operated along 7 Avenue since the launch of Calgary’s original CTrain system, allowing riders to travel through the downtown core without paying a fare. Recent reviews have examined whether the program should remain in place, with discussions focused on safety, transit operations, ridership, and t

The acquisition of Ravelin Properties REIT by Clarke Inc. has now closed, bringing together a portfolio of commercial real estate assets across North America and Europe. What stood out in the announcement was not simply the completion of the transaction, but the confidence Clarke expressed in the underlying real estate and its plans for the portfolio moving forward. According to Clarke, the acquisition adds "top-tier properties in their respective markets," with management em

A new concept plan has been unveiled for The Confluence Historic Site & Parkland, outlining a long-term vision for the 42-acre site at the meeting point of the Bow and Elbow Rivers. The plan proposes a significant expansion of year-round public programming and cultural infrastructure, including: A 2,500-person Pow Wow Arbour as a central gathering space A covered event stage and concert lawn with capacity for major festivals and community events New gardens, interpretive path

Following the loss of its Inglewood taproom to a fire in 2024, Calgary-based Ol’ Beautiful Brewing is moving forward with plans to rebuild, while continuing operations through its production facility and new downtown concept, Sound Room. From a real estate perspective, the story highlights something increasingly important in Calgary’s urban districts: successful hospitality and retail businesses are often tied as much to place as they are to product. Ol’ Beautiful’s original

The April CFIB Business Barometer highlights a sharp escalation in cost-related concerns, with fuel and transportation pressures rising rapidly over a short period. Concern over fuel costs rose to 74%, up from 36% in February. Shipping and receiving costs increased to 45%, up from 26% over the same period. The pace of change underscores how quickly operating conditions are tightening for small businesses. These trends point to renewed margin pressure across multiple sectors,

Armco Capital is moving forward with the acquisition of Stephen Avenue Place and two neighbouring retail assets in downtown Calgary, continuing its expansion in the core. The 40-storey Stephen Avenue Place office tower and two adjacent retail buildings are currently under receivership. Since late 2023, subsidiaries associated with G2S2 Capital have assembled close to 3 million square feet of office space, with this acquisition expected to bring the total to approximately 3.6

Major grocery chains are seeing flat sales growth, while regional and specialty grocers continue to expand. At the same time, brands like T&T Supermarket, already active in Alberta, highlight how culturally focused and specialty formats are gaining traction across Western Canada. Consumers are becoming more price-sensitive and selective Growing demand for ethnic, fresh, and specialty grocery options Independent and regional grocers expanding into neighbourhood-scale retail

Recent data indicates a structural shift in Calgary’s residential market, with sales activity moderating and inventory levels increasing. Activity levels remain in line with historic norms, though the pace of transactions has slowed compared to prior periods. Increased listing activity is contributing to improved product availability across multiple housing segments, with condo inventory leading the increase in supply. Home sales declined year-over-year New home completions