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

Toys “R” Us Canada is preparing to close additional stores while seeking court approval to pursue a sale of the business. The move reflects ongoing pressure in the large-format retail segment, particularly as consumer spending patterns continue to shift. These developments highlight continued disruption in the big-box retail sector. For commercial real estate, this creates both risk and opportunity, with potential vacancy in large-format spaces, but also repositioning opportu

Calgary is seeing record levels of new home construction while market conditions begin to moderate. Recent reporting highlights elevated housing starts and strong construction activity across the region, even as sales activity cools and inventory levels rise. The combination signals a market transitioning from peak demand toward greater balance. Sustained residential construction supports employment, trade activity and population growth — all of which influence retail demand,

Calgary’s housing market is cooling from last year’s pace, with sales now aligning more closely to longer-term averages. At the same time, new outlooks from major forecasters, including the Conference Board of Canada, project local economic growth of just under 1.8% this year, with Calgary expected to lead major Canadian cities in GDP growth next year as conditions strengthen. Implications for commercial real estate: A stabilizing housing environment brings more predictable

Calgary once again ranks as the top market to watch in Canada in PwC’s Emerging Trends in Real Estate 2026 report. Despite softer population growth and economic headwinds, the city continues to outperform national peers across several real estate sectors. Key Market Signals from the Report: Top-tier growth outlook: Calgary’s real GDP growth is forecast to rise from 1.8% in 2025 to 2.6% in 2026, positioning it as Canada’s strongest major city. Record housing construction:

Alberta’s government is proposing amendments to Bill 8 that would give the province more flexibility in how large-load users — including AI data centres — connect to the grid. The changes would allow certain projects to pursue self-supply or bilateral power arrangements, opening a potential path for new data centre development despite current grid-capacity constraints. For Calgary and the surrounding region, these changes could be significant. Data centres require high-load

A new TD Economics report highlights a growing national challenge, while Ontario has experienced the greatest number of catastrophic weather events since 1983, Alberta has endured the largest share of insured losses. Ontario accounted for about 36% of catastrophic events between 1983 and 2024, followed closely by Alberta at 32%. But Alberta’s impact is far deeper. The province represents 42% of all insured catastrophic losses in Canada over the same period — more than Ontar

Calgary’s downtown free-fare zone is now uncertain after TD Bank ended its naming-rights sponsorship two years early. The program, allowing no-cost CTrain travel along 7 th Avenue, has long supported downtown workers, residents and visitors. With transit fare restructuring also under discussion at the City, it now faces a key decision on whether to continue funding the free-fare zone on its own. For now, Calgary Transit says the service will remain in place. Follow Clear

Canada’s hotel sector delivered one of its strongest months of the year in October, with national occupancy reaching 69.8%, Average Daily Rate climbing 7.0% to $214.09, and RevPAR rising 9.2% to $149.49. The East Coast helped drive that momentum: Newfoundland and Labrador posted double-digit gains in both occupancy and RevPAR, while Nova Scotia recorded a 10.7% increase in ADR. Toronto also saw exceptional performance, with ADR up 14.8% — a lift supported by the recent Blue

Spanish billionaire Amancio Ortega, founder of Zara and controlling shareholder of Inditex, continues to expand his Canadian real estate footprint through his investment firm, Pontegadea. Over the past decade, Ortega has steadily acquired a collection of high-quality office and industrial assets across major Canadian markets. His Canadian purchases include: • 150 Bloor St. West, Toronto (2014) — Acquired for $255 million • Royal Bank Plaza, Toronto (2022) — Landmark office

Calgary’s motion to repeal the 2024 city-wide rezoning has advanced after passing its technical review 13–2, sending it to full council for debate and a vote on Dec. 15. Introduced by Ward 10 Councillor Andre Chabot and co-sponsored by six councillors and Mayor Jeromy Farkas, the motion includes transitional provisions for parcels with approved or submitted development permits. Administration noted that a new public hearing, required if the land-use bylaw is amended, woul

Boardwalk Real Estate Investment Trust reported Q3 2025 portfolio NOI up 8.1% year-over-year, same-property NOI up 8.6% year-over-year, and occupancy of 97.7%. The REIT also closed the acquisition of the remaining 50% interest in its 162-unit Brio apartment complex in NW Calgary for CA$37.4 million, strengthening its Calgary portfolio. Connect with ClearView: Contact us at info@cvpartners.ca — we’ll help you translate quarterly signals into local market insights. www.c

In 2024, Calgary City Council voted 9–6 to approve a sweeping blanket rezoning of residential lots city-wide, making Residential – Grade Oriented (R-CG) the default district and enabling forms such as townhomes and row homes across most communities. Today, council begins discussions on a motion to repeal that decision — a pivotal moment for how Calgary will accommodate growth in established neighbourhoods. Why this matters for commercial real estate: • The initial rezonin

The City of Calgary has announced a major step forward in revitalizing the Downtown West end through targeted partnerships and incentives. This initiative underscores the city’s commitment to creating more homes, driving private investment, and strengthening the core of our urban economy. Highlights: • More than 1,100 new residential units are planned within the Downtown West corridor. • Over $350 million in private investment has been mobilized to convert under-utilized of

Ayrshire Group is moving ahead with three new purpose-built rental developments in Calgary, underscoring the city’s continued strength as a destination for multi-residential investment. Projects include: The Galloway (Beltline): A 10-storey, 323-unit rental building featuring a partnership with the Sinneave Family Foundation to provide units for neuro-diverse residents. Copenhagen Block (former Danish Canadian Club site): A 10-storey, 242-unit boutique development with four

CIBC’s latest housing market report highlights a sharp divergence across Canada. While Ontario and B.C. continue to struggle with rising inventory, Alberta remains one of the strongest markets for new construction. Housing starts: Alberta is stabilizing at an historically elevated pace of ~60,000 units annually, a level well above long-term averages. Regional contrast: In Toronto and Vancouver, the condo sector remains in retreat, while purpose-built rental is surging. By c