Roxana Dia Velicu

09/20/2025

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08/19/2023

City of Calgary residential building permit applications down, construction value up
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The City of Calgary's construction industry is showing signs of strength, as residential building permit applications have decreased but the construction value has increased. This indicates that the permits that are being submitted are for larger projects, which is a positive development for the cit...

08/08/2023

Relying on Old Notions Is No Longer Possible

Roxana Velicu is a real estate agent with Jessica Chan Real Estate. Check out Roxana Velicu's listings or office listings.

08/06/2023

Rent prices in Calgary are up a whopping 34% from this time last year
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Rent prices in Calgary dropped slightly over the last month, but they are still 34% higher than this time last year. With the median price for a one-bedroom now sitting at $1,760, Calgary is in the top 10 for the most expensive cities in Canada. Edmonton is now the most affordable city in Canada, wi...

07/29/2023

Interest rate hike expected to impact Calgary homeowners and homebuyers - Calgary
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The Bank of Canada has increased the benchmark interest rate for the tenth time in the last year and a half, bringing it to five per cent. This increase is equivalent to an extra $15 per month per $100,000 borrowed. This increase is expected to have a negative impact on Calgary homeowners and prospe...

07/20/2023

Canada's Housing Affordability Soars

Roxana Velicu is a real estate agent with Jessica Chan Real Estate. Check out Roxana Velicu's listings or office listings.

07/11/2023

Resale market rebound spurs rise in home prices after 10 months of decline - REM
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The Canadian housing market is showing signs of recovery this spring as the Teranet-National Bank Composite House Price Index (HPI) recorded a monthly increase of 0.6 per cent in May, marking the first upturn in home prices in 11 months. Eight of the eleven major Canadian Metropolitan Areas (CMAs) s...

07/06/2023

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07/06/2023

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07/03/2023

Canadian Retail Sales Outperformed Most Major Markets In Q1
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Despite an increase in interest rates and worries of an impending recession, Canadian retail has continued to outperform much of the world in early 2023. Every province saw an increase in retail sales, with Alberta experiencing the largest gain of 10.2%. This resiliency stems from higher savings rat...

07/02/2023

THOMAS: Records set in home sales and prices in Calgary in May
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In May, Calgary home sales set a record with 3,120 sales, largely due to the strength of the apartment-condo sector. Ann-Marie Lurie, Chief Economist of the Calgary Real Estate Board, stated that the higher interest rate environment and recent rental rate gains have driven more consumers to seek apa...