Great news for NW Calgary residents living in and around the community of Sage Hill, as Walmart is opening a new supercentre there on January 29, 2015. 

Walmart announced they were opening 11 new supercentres in Canada, and Calgary's new location is opening up at 35 Sage Hill NW. The company has 12 stores in Calgary, which include 10 supercentres. It will definitely be a great addition to the community and provide convenience and amenities to residents and future ones. 

"Sage Hill is located in Calgary’s North West; amongst rolling hills, abundant greenspace, and breathtaking mountain views. This community was designed to be family friendly with plenty of parks, tot lots, and pathways linking into a naturalized pond frequented by wildlife. The eye…

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According to a recent forecast released by Royal LePage, housing prices in Calgary are expected to increase by around 2.5% this year. A drop in oil prices recently has not yet impacted real estate in our city. 

“Oil is a major economic influence in Calgary, so the recent price drop is worrying,” said Ted Zaharko with Royal LePage Foothills. “While we believe there may be some immediate term impact on the local housing market in the form of slowed appreciation, there would need to be prolonged low oil prices for any spillover into the housing market to be significant.”

CREB's annual forecast was yesterday also, and the sentiment there was the same. This year will bring stable price growth for Calgary and offer more options to homebuyers. 


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