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Calgary Houses - Gallery No. 1

Although Calgary and Alberta have traditionally been affordable places to live, substantial growth (much of it due to the prosperous energy sector and the northern oil sands projects) has led to increasing demand on real-estate. As a result, house prices in Calgary have increased significantly in recent years, but have stagnated over the last half of 2007, and into 2008. As of November 2006, Calgary is the most expensive city in Canada for commercial/downtown office space, and the second most expensive city (second to Vancouver) for residential real-estate. The cost of living and inflation is now the highest in the country, recent figures show that inflation was running at 6% in April 2007.

The city is large in physical area, consisting of an inner city surrounded by communities of various density. Unlike most cities with a sizeable metropolitan area, most of Calgary's suburbs are incorporated into the city proper, with the notable exceptions of the City of Airdrie to the north, Cochrane to the northwest, Strathmore to the east, and the Springbank and Bearspaw acreages to the west. Though it is not technically within Calgary's metropolitan area, the town of Okotoks is only a short distance to the south and is considered a suburb as well. The Calgary Economic Region includes slightly more area than the CMA and has a population of 1,251,600 in 2008.

Video clips on houses in Calgary:

Please click CLG Houses Gallery No. 2 to view more house pictures.

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Last Updated: Aug. 01, 2010

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