Calgary begins engagement on rezoning

Calgary is holding public information sessions to discuss new residential zoning. The changes could bring added density and affordability to the city. Developers believe the updates will benefit everyone in the long run. The rezoning report will be reviewed by the city council and planning commission in March. If approved, the changes could make Calgary a role model for other cities.

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The cost to rent a one-bedroom apartment in Calgary has gone up by 13%

Calgary's rent has increased by 13% for one-bedroom apartments and 18% for two-bedroom apartments compared to last year. However, Edmonton has experienced even higher rent growth, with a 27% increase in one-bedroom apartment prices. Vancouver remains the most expensive city for rent, with one-bedroom apartments costing $2,700 per month. Alberta does not have rent control policies, unlike British Columbia, which limits annual rent increases to 3.5%.

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Happy Women’s Day

International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote.
Things were made official in 1975 when the United Nations started celebrating the day.
International Women's Day has become a date to celebrate how far women have come in society, in politics and economics.
While the political roots of the day mean, strikes and protests are organized to raise awareness of continued inequality.

Calgary housing market to remain tight despite migration slowdown: CREB

Calgary's housing market is expected to remain tight in 2024, with home prices predicted to increase by 6.56%. The influx of new residents is seen as a risk, contributing to a shortage of resale homes. Despite a slowdown in migration, demand is expected to remain high due to recent population growth. The market is expected to continue favoring sellers, leading to further price growth.

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