The Calgary Real Estate Board says average home prices rose to just over $570,000 which is 10 per cent higher than January 2023.

A commercial realtor said companies will have to start replacing the thousands of energy industry workers laid off in the 2014 oil price crash before the city's downtown vacancy rate will recover.

Real estate firm CBRE says Canada hit a record level for commercial real estate sales in the third quarter and is on track to beat an annual record set during the 2007 boom.