The Calgary Real Estate Board says the market hit a new May record for sales as the number of properties that changed hands reached 3,120 last month.

The Alberta board says the price amounts to a two per cent increase from March and a 1.19 per cent increase from a year ago.

A pair of new landlords have been left with the cleanup bill of a property they’ve owned for less than six months.

City of Calgary property assessments have been mailed out. City assessor Eddie Lee joins the morning news to share details on their upcoming free seminar to answer general questions about property assessments and how they relate to property taxes.

Despite slowing sales late in the year, 2022 saw record sales in Calgary real estate, CREB said Tuesday.

The Calgary Real Estate Board says the city's November home sales dipped by more than 20 per cent since the same time last year, but 2022 is still on track to set a record.

Hundreds of people have signed a petition in Sage Hill asking Calgary's city council not to approve the development of a new condo complex in the area.

The benchmark price for the month was $523,900, up almost 10 per cent from a year earlier.

The Statistics Canada numbers show Alberta posted the largest gain while Ontario lost the most residents in the second quarter.

City realtors say more apartments in Calgary are being bought amid increasing interest rates and a return to in-person office work.