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Housing Affordability

The Chamber recognizes the link between the housing affordability and the ability to attract and retain workers. Recent growth pressures have strained Calgary's residential real estate market. Between 2005 and 2006 the median price of housing increased 41 per cent, while the Consumer Price Index (CPI) increased by a relatively stable rate of 4.6 per cent. Median household incomes have not kept up with housing price appreciation, growing five per cent.

Calgary now has the second highest average housing price in Canada behind Vancouver, and rents for 2-bedroom apartments are now the highest in country.

Policy Initiatives

Municipal Land Development Policies and Regulations

Chamber Research Report Recommends Solutions to Calgary's Long-term Housing Affordability Challenge
May 1, 2008 - Greater certainty, emphasis on affordability, and streamlined approaches are needed in the City of Calgary's planning, land use and development processes, according to a major research report released today by the Calgary Chamber of Commerce. The report investigated Calgary's housing affordability since 1980 and offered comparison with other Canadian cities, discussed the factors that affect housing prices, and provided recommendations to improve the affordability of Calgary's residential real estate market.

Presentation Slides - Gaining Ground Summit - May 1, 2008

Municipal Land Development Policies and Regulations and the Impact on Calgary Housing Affordability Report

Secondary Suites

Op-Ed: July 19, 2007
A Suite Solution to Calgary's Housing Challenge

Provincial Affordable Housing Task Force

March 6, 2007
Chamber provides solutions to Alberta Affordable Housing Task Force

February 28, 2007
Submission to the Alberta Affordable Housing Task Force