Canmore Real Estate Market: Why Capital Buys Where People Leave
The Canmore real estate market did something in 2025 that looks impossible on paper: it kept setting price records while the town lost residents. One hour east, Calgary gained people yet watched prices soften. Same province, opposite logic — and the gap explains where money is really moving in Alberta. Two Alberta markets, one hour apart Most..
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Calgary Condo vs Detached: Why Families Keep Choosing the House
A $300,000 condo or a $740,000 detached house: many families in the Calgary region keep choosing the more expensive option. Most people read Calgary’s falling condo prices as a sign of a weak market. It is better understood as a product problem. The condominium supply being built is often not the product that families, who..
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Alberta Wages vs House Prices: The Affordability Gap Developers Must Model
For a generation, Alberta’s economic story was simple: higher wages than the rest of Canada and more affordable homes. In 2013, average wages in the province were as much as 17% above the national average. By 2024 that premium had shrunk to about 2%. Meanwhile, home prices in Calgary have moved closer to national levels…
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Missing Middle Housing in Alberta: 70% of 2025 Starts Were Multi-Unit
Alberta recorded 54,858 housing starts in 2025, a provincial record. Many people read that number as a single-family housing boom. It was not. According to ATB Financial’s analysis of CMHC data, 70% of the province’s 2025 starts were multi-unit dwellings: apartments, rowhouses, multiplexes and other attached forms. That is the highest share on record and..
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As-Built Surveys for Renovations: Why Budgets Fail Without Accurate Site Data
Renovations and commercial fit-outs have a reputation for going over budget and over schedule. The usual suspects are hidden damage, slow trades and indecisive clients. But in most projects I have reviewed, the real cause was decided before the first tool was picked up: the design and the budget were based on information about the..
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Building Permit Delays in Alberta: Why Incomplete Applications Cost Months
Waiting for a building permit is one of the most frustrating parts of any construction project. Owners blame the municipality, contractors blame the designers and everyone loses weeks. But a large share of permit delays have nothing to do with how fast the city works. They come from applications that are not complete when they..
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Construction Project Governance: Why Coordination Beats Funding in Alberta
Alberta has one of the largest construction pipelines in Canada. Industry estimates put the province’s inventory of major capital projects in the hundreds of billions of dollars, and construction employment in Alberta grew faster than in any other province in early 2026. Yet the biggest risk to that pipeline is not money, and it is..
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Alberta Continuing Care Construction: $400M for 1,100 New Spaces
On April 30, 2026, the Government of Alberta announced more than $400 million for 11 shovel-ready continuing care projects that will add over 1,100 net-new spaces. While much of the attention in Alberta’s construction market has focused on housing starts and condo inventory, continuing care has quietly become one of the most active and best-funded..
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Renovation Budget Overruns: Why They Happen at Rough-In
On signing day, every renovation looks on budget. The quote is clear, the schedule fits and everyone is optimistic. Then the project reaches rough-in, the stage when plumbing, electrical and mechanical services are installed inside open walls, and the numbers start to move. A fixture is relocated, a wall shifts a few centimetres, a vanity..
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Alberta’s Construction Pipeline Is Funded. Who Will Build It?
Alberta has one of the largest construction pipelines in Canada. ICBA’s Winter 2026 Construction Monitor estimates major projects at about $166 billion, with roughly $71 billion under construction, and other industry estimates of proposed and planned projects are higher still. The capital is largely committed. The crews are not. Most feasibility studies model land, costs,..
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Eros Belotti 01.
Eros belotti
Construction project manager with over 20 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.
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