201 - 300 of 420

Monday, April 18, 2011 - New Listing - C3470697

Just added this listing:"Fabulous two storey home in popular Evergreen facing treed green space/park close to Fish Creek Park, Bridlewood Sobeys & all the amenities of Shawnessy - shopping, theater, YMCA, restaurants & LRT. Great floor plan with living room, kitchen, dining, den area & 2 piece bath on the main floor. The kitchen features a center island, maple cabinets & black appliances. Upstairs is a loft which could be a TV or computer, playroom or sitting area plus two bedrooms & the main 4 ... Full Article...
posted in Listings at Mon, 18 Apr 2011 06:00:00 -0600

Tuesday, April 12, 2011 - Bank of Canada maintains overnight rate target at 1 per cent

OTTAWA ?The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. As anticipated in the January Monetary Policy Report (MPR), the global economic recovery is becoming more firmly entrenched and is expected to continue at a steady pace. In the United States, growth is solidifying, although consolidation of household and ultimately government balance sheets will ... Full Article...
posted in General at Tue, 12 Apr 2011 09:28:07 -0600

Tuesday, April 12, 2011 - New Listing - C3469812

Just added this listing:"Show home condition executive, 2 storey home in desirable location backing on greenspace/path just minutes walk to elementary school. Jayman Kennedy with expanded kitchen & 4th bdrm.Many recent upgrades - H/W & tile flooring, some lighting & freshly painted throughout. The spacious foyer opens into the large dining room/flex room. Maple kitchen with island, corner pantry, computer desk & dining nook overlooks the expansive great room with corner fireplace. New dark ...
posted in Listings at Tue, 12 Apr 2011 06:00:00 -0600

Friday, April 1, 2011 - CALGARYS HOUSING MARKET RECOVERY DRIVEN BY SINGLE FAMILY HOMES

Calgary, April 1, 2011 ?According to figures released today by CREB®, Calgary Metro sales remained at levels similar to the first quarter of 2010. Improved sales in the single family market have largely been offset by declining sales in the condominium market, indicating that the gradual recovery will continue to be driven by the single family market for the better portion of the year. Single family home sales in the first quarter of 2011 were 3,309, a 4 per cent increase over the first quarter ... Full Article...
posted in General at Fri, 01 Apr 2011 15:41:59 -0600

Wednesday, March 30, 2011 - Calgary ranks third on global prosperity score card: Toronto Board of Trade

By Kim Guttormson, Calgary Herald March 29, 2011 Calgary is back near the top of a score card that ranks prosperity in a number of cities around the world, besting all other Canadian metros on the list. Strong population growth, a young workforce, disposable income, affordable housing and clean air helped boost the city to the number three spot on the list behind Paris and San Francisco. That?s up from last year?s fifth place ranking, but below its first place finish in 2009, the first time the ... Full Article...
posted in General at Wed, 30 Mar 2011 08:00:41 -0600

Saturday, March 12, 2011 - Alberta a 'job-creation machine' while rest of country lags behind

Unemployment rate hits national 2-year low of 5.7% BY MARIO TONEGUZZI, CALGARY HERALD MARCH 12, 2011 Alberta is back as a "job-creating machine." It was the only province to register a notable employment gain in February. Statistics Canada reported Friday that 13,700 new jobs were created in Alberta last month as the unemployment rate dropped to 5.7 per cent from 5.9 per cent in January -its lowest level since February 2009. It was the second consecutive month that employment increased in ...
posted in General at Sat, 12 Mar 2011 08:39:05 -0700

Tuesday, March 1, 2011 - CALGARYS HOUSING MARKET RECOVERY CONTINUES AT A GRADUAL PACE

Calgary, March 1, 2011 ?According to figures released today by CREB® (Calgary Real Estate Board), for the second month in a row, single family home sales in the city of Calgary increased over previous month figures and levels recorded in February 2010. The rise in sales continues to point to a gradual recovery in Calgary?s housing market. The number of single family home sales in the month of February 2011 were 1,169, compared with January 2011, when sales were 791 ? an increase of about 48 per ... Full Article...
posted in General at Tue, 01 Mar 2011 16:57:46 -0700

Thursday, February 24, 2011 - Alberta housing affordability best in Canada: RBC

Calgary affordability best in almost six years BY MARIO TONEGUZZI, CALGARY HERALD FEBRUARY 24, 2011 RBC report says Alberta housing affordability is best in the nation.Photograph by: Dean BicknellCALGARY - Alberta officially became the most affordable province in the country for home ownership in the fourth quarter of 2010 and affordability in Calgary is now the best it's been in almost six years, says a new report released Thursday by RBC. The Housing Trends and Affordability report said a ... Full Article...
posted in General at Thu, 24 Feb 2011 08:17:30 -0700

Thursday, February 17, 2011 - Housing Activity to Move in Line with Demographic Fundamentals in 2011

OTTAWA, February 17, 2011 ? After trending lower in the second half of 2010, housing starts are forecast to stabilize at levels consistent with demographic fundamentals in 2011 and 2012, according to Canada Mortgage and Housing Corporation?s (CMHC) first quarter Housing Market Outlook, Canada Edition.1 Housing starts will be in the range of 157,300 to 192,900 units in 2011, with a point forecast of 177,600 units. In 2012, housing starts will be in the range of 154,600 to 211,200 units, with a ... Full Article...
posted in General at Thu, 17 Feb 2011 08:30:43 -0700

Thursday, February 17, 2011 - New Listing - C3461855

Just added this listing:"Beautiful Cardel-built, two storey home located in popular Cranston close to pathways to pond and ridge, schools, shopping & new community centre. The main floor features a large foyer offering privacy from the main living area. The maple kitchen (coffee stained cabinets) has an island, corner pantry, crown moldings, wine rack and expanded dining nook overlooking the great room with a corner fireplace. The dining nook opens onto a large deck in the sunny south backyard. ... Full Article...
posted in Listings at Thu, 17 Feb 2011 05:00:00 -0700

Tuesday, February 15, 2011 - Resale housing market shows further improvement in January

Resale housing market shows further improvement in January OTTAWA ? February 15th, 2011 ? National resale housing activity climbed further in January 2011, according to statistics released today by The Canadian Real Estate Association (CREA). Seasonally adjusted national home sales activity rose 4.5 per cent in January 2011 compared to the previous month, reaching the highest level since April 2010. Led by Vancouver and Toronto, seasonally adjusted sales activity posted monthly gains in more ... Full Article...
posted in General at Tue, 15 Feb 2011 10:17:16 -0700

Saturday, February 12, 2011 - New Listing - C3460881

Just added this listing:"Come live at the top of Canmore's newest development "SPRING CREEK MOUNTAIN VILLAGE". The views from this beautiful penthouse are stunning. This home features 3 bedrooms plus den. The living room has soaring ceilings, a beautiful stone fireplace and floor to ceiling windows. The large gourmet kitchen features lots of granite counters, cabinets and large island. This unit also includes is a dining room and den. The fabulous master bedroom comes with a 5 pcs ensuite with ... Full Article...
posted in Listings at Sat, 12 Feb 2011 05:00:00 -0700

Tuesday, February 8, 2011 - Alberta confidence highest in the country: Survey

CALGARY - A new survey released Tuesday shows optimism among Albertans about the national economy is the highest in the country. Almost two-thirds (61 per cent) of Albertans feel Canada's economy is going to improve in 2011, according to the January 2011 RBC Canadian Consumer Outlook Index. The survey also said Alberta residents are the most confident that their own financial situation will improve this year, registering a positive outlook of 48 per cent compared with the national average of 38 ... Full Article...
posted in General at Tue, 08 Feb 2011 09:00:12 -0700

Tuesday, February 8, 2011 - 2011 housing drop seen less severe

STEVE LADURANTAYEGlobe and Mail UpdatePublished Tuesday, Feb. 08, 2011 9:53AM ESTLast updated Tuesday, Feb. 08, 2011 10:23AM EST The Canadian Real Estate Association has raised its sales forecast for the rest of the year, calling for a smaller decline than it originally expected as low interest keep buyers in the market. The association now expects sales to fall by 1.6 per cent in 2011, compared to its November call for a drop of almost 9 per cent. Prices are also expected to do better than ... Full Article...
posted in General at Tue, 08 Feb 2011 08:41:19 -0700

Wednesday, February 2, 2011 - New Listing - C3459365

Just added this listing:"Why wait to build new? This awesome "like new" 2 storey home (Sabal Axiom 2) is located on a quiet street in River Song. Relax on the 22x12 deck in the sunny west backyard or enjoy morning coffee on your full sized front porch! This home has a good sized kitchen with island, terraced cabinets & upgraded Whirlpool Gold SS appls including fr door fridge. The kitchen overlooks the dining room & great room which features a gas fireplace (tile surround & wood mantle). Front ... Full Article...
posted in Listings at Wed, 02 Feb 2011 05:00:00 -0700

Tuesday, February 1, 2011 - CALGARY HOME SALES RISE YEAR-OVER-YEAR

CALGARY HOME SALES RISE YEAR-OVER-YEARSingle family homes in the inner-city drive recovery Calgary, February 1, 2011 ? Single family home sales in the City of Calgary edged upwards month-over-month and showed the first year-over-year increase since April 2010, according to figures released today by CREB® (Calgary Real Estate Board). The number of single family home sales in the month of January 2011 were 787, compared with December 2010, when sales were 734 ? an increase of about 7 per cent. ... Full Article...
posted in General at Tue, 01 Feb 2011 18:51:22 -0700

Thursday, January 20, 2011 - New Listing - C3457484

Just added this listing:"Here is a great handyman special. This 1100 square foot 2 story townhouse is located in the park like setting of Village III condominiums. This home features 3 bedrooms above grade and an additional bedroom in the basement. There is a large living room with a wood fireplace and sliding doors to your huge fenced patio. It's a great place to have a summer BBQ and for the kids to play. The kitchen is good size and the sunny kitchen nook is a great place to start the day. ... Full Article...
posted in Listings at Thu, 20 Jan 2011 05:00:00 -0700

Monday, January 17, 2011 - Flaherty tightens mortgage rules

Flaherty tightens mortgage rules Paul Vieira, Financial Post · Monday, Jan. 17, 2011 OTTAWA ? Finance Minister Jim Flaherty unveiled changes Monday morning to mortgage lending rules that would see Ottawa stop backing home loans greater than 30 years and make it more difficult for households to use their property to access financing. The changes, as reported by the National Post on Sunday, emerged as worries escalate among Bay Street leaders and the Bank of Canada about the record levels of ...
posted in General at Mon, 17 Jan 2011 08:32:34 -0700

Wednesday, January 5, 2011 -

Calgary, January 4, 2011 ? Home and condo sales in Calgary and area remained relatively unchanged in December 2010, Home and condo sales in Calgary and area remained relatively unchanged in December 2010, indicating that a full-fl edged recovery in the housing market has yet to take hold, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family home sales in the month of December 2010 were 734, compared with November 2010, when sales were 891?a ... Full Article...
posted in General at Wed, 05 Jan 2011 09:19:01 -0700

Tuesday, December 21, 2010 - New Listing - C3454741

Just added this listing:"Here is a GREAT opportunity to live in a new home in Inglewood at a fantastic price. This Custom Built Home is in Foreclosure and just needs your Imagination and Skill to finish it and make it your home. You're only 2 Blocks from the stores, restaurants, and shops. Take a stroll along the river which is just a few blocks away. The house has a great open lay out with a two car detached garage. Call today for more information and viewings."
posted in Listings at Tue, 21 Dec 2010 05:00:00 -0700

Tuesday, December 7, 2010 -

An upbeat hiring climate is expected for Calgary in the new year. According to the latest Manpower Employment Outlook Survey, released today, 28 per cent of Calgary area employers plan to hire for the upcoming quarter (January to March) while 10 per cent anticipate cutbacks. Randy Upright, chief executive of Manpower's Alberta region, said the numbers indicate stability in Calgary's labour market. "It's telling me we're continuing to see active hiring which is good," said Upright. "We're well ... Full Article...
posted in General at Tue, 07 Dec 2010 10:26:18 -0700

Thursday, December 2, 2010 -

SUBDUED HOUSING MARKET GIVES BUYERS CHOICECalgary buyers looking for the right price, location and conditions Calgary, December 1, 2010 ? November homesales in the city of Calgary remained steady monthover-month, while year-over-year sales were down,according to figures released today by the CalgaryReal Estate Board (CREB®).The number of single family home sales in themonth of November 2010 held firm at 891,compared with October 2010, when sales were 888.The number of condominium sales for the ... Full Article...
posted in General at Thu, 02 Dec 2010 08:30:56 -0700

Monday, November 29, 2010 -

CALGARY - Calgary's housing market is no longer running in reverse but it appears to be stuck in a very low gear, says the Housing Trends and Affordability report released today by RBC Economics Research. "Despite affordable home ownership costs, the recent pick up in area home resales has been modest, with levels moving up only to levels that last prevailed 10 years ago - notwithstanding the slump at the end of 2008, during the worst of the housing downturn," said the report by Robert Hogue, ... Full Article...
posted in General at Mon, 29 Nov 2010 09:12:40 -0700

Tuesday, November 23, 2010 -

CALGARY - Alberta shoppers led all provinces in the annual growth rate for retail sales in September. Statistics Canada reported today that retail sales in the province, which came in just under $5 billion, rose by 5.8 per cent from September 2009. They were also up by 0.9 per cent on a monthly basis. It was the fourth consecutive month of gains in Alberta. "I'm not surprised by the growth but it's definitely good news and definitely a continuation of the trend we've seen over the last few ...
posted in General at Tue, 23 Nov 2010 12:37:47 -0700

Tuesday, November 23, 2010 -

CALGARY - Job growth is expected to gradually strengthen into 2011 as economic activity improves, says a report by Canada Mortgage and Housing Corp. In its Housing Market Outlook, the CMHC said changes to the provincial royalty framework and sustained energy prices are expected to attract more investment and support employment growth. In 2011, employment is forecast to rise 1.8 per cent in the Calgary region. "Calgary's unemployment rate peaked at 7.6 per cent in May 2010, reaching its highest ... Full Article...
posted in General at Tue, 23 Nov 2010 12:20:58 -0700

Thursday, November 11, 2010 - New Listing - C3451982

Just added this listing:""Foreclosure" Priced to sell. Can you imagine driving 1.5 hours from Calgary to a beautiful, clean lake with great swimming, fishing, boating (private marina) and a private sandy beach? Little Bow Resort is one of Southern Alberta's best kept secrets. This is one of the hottest spots in Alberta where cactus grow wild. Great year round recreation with ice fishing and skating in the winter. The lake is great for boating & water sports because it is not overcrowded like so ... Full Article...
posted in Listings at Thu, 11 Nov 2010 05:00:00 -0700

Monday, November 1, 2010 -

Calgary Buyers? Remain CautiousSales of million dollar plus homes a bright spot in 2010 market Calgary, November 1, 2010 ? Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious, despite signs of economic recovery. Year-over-year sales continued to trend lower in the month of October, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family home sales in the month of October ... Full Article...
posted in General at Mon, 01 Nov 2010 17:46:21 -0600

Saturday, October 23, 2010 - New Listing - C3449980

Just added this listing:"If you're an investor or would just love to live in a community 10 minutes from downtown. This newly renovated 730 sq/ft home in Renfrew is the one for you. This home features new vinyl windows, flooring, paint, and front deck. The kitchen has been renovated with new cabinets, counter tops and appliances. The furnace and hot water tank are newer and most the electrical and plumbing have been replaced. This home is located within walking distance to Bridgeland's ...
posted in Listings at Sat, 23 Oct 2010 06:00:00 -0600

Monday, October 4, 2010 -

Home sales in the city of Calgary were up month-over-month in September 2010 Calgary, October 1, 2010 ? Home sales in the city of Calgary were up month-over-month in September 2010, the first uptick in sales since April 2010. Year-over-year sales continued to trend lower in the month of September, but at a pace slower than previous months, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family home sales in the month of September 2010 grew by ... Full Article...
posted in General at Mon, 04 Oct 2010 00:18:16 -0600

Thursday, September 23, 2010 -

  Businesses see Calgary climbing out of recessionConference Board report sees Calgary reclaiming lead role in Canadian economyBy Mario Toneguzzi, Calgary HeraldSeptember 23, 2010 8:09 ks  It may not feel like the heady days of 2007, but Calgary is set to take back its spot as the nation's leader in economic growth. That's according to a Conference Board of Canada report Wednesday which predicts that, after being battered and beaten in 2009, Calgary's economy will be the country's growth leader ... Full Article...
posted in General at Thu, 23 Sep 2010 12:20:27 -0600

Saturday, September 11, 2010 - New Listing - C3444942

Just added this listing:"This gorgeous, top floor, totally renovated, pristine home has it all! Special attention has been paid to every detail in the renovation process. The well designed, white kitchen features SS appliances, granite counter tops & new back splash. Bathrooms have been upgraded with newer toilets & granite counter tops. Newer flooring includes quality laminate in the kitchen, dining & living room, newer carpet in both bdrms & newer tile in the main & ensuite bathrooms. The ... Full Article...
posted in Listings at Sat, 11 Sep 2010 06:00:00 -0600

Wednesday, September 8, 2010 -

The Conference Board of Canada waded into the debate Wednesday, saying there will not be a ?free fall? in the market Globe and Mail Update Published on Wednesday, Sep. 08, 2010 11:17AM EDT Last updated on Wednesday, Sep. 08, 2010 11:47AM EDT As Canada?s housing market softens, the question for many homeowners is how much prices might decline. The Conference Board of Canada waded into the debate Wednesday, saying there will not be a ?free fall? in the market but rather a pause in what has been, ... Full Article...
posted in General at Wed, 08 Sep 2010 10:43:06 -0600

Tuesday, August 31, 2010 - New Listing - C3443318

Just added this listing:"Come live in a resort without leaving the city. Sierra West, a Medican 40+ development is located in the beautiful community of Richmond Hill. Your minute's bus ride from all the shopping at Westhills Town Centre & walking distance to parks and walking paths. This beautiful top floor one bedroom apartment looks out on to a quiet green space and includes a Den or guest bedroom, large laundry & in-suite storage, bright kitchen, spacious living room and balcony that stays ... Full Article...
posted in Listings at Tue, 31 Aug 2010 06:00:00 -0600

Monday, August 30, 2010 -

Calgary lagged Canada in home price increases for June: ReportBy Mario Toneguzzi, Calgary HeraldAugust 25, 2010A new report says in June Calgary prices rose by 0.2 per cent on a monthly basis, behind Ottawa, Toronto, Montreal, Halifax, and Vancouver.A new report says in June Calgary prices rose by 0.2 per cent on a monthly basis, behind Ottawa, Toronto, Montreal, Halifax, and Vancouver.Photograph by: Herald Archive, Reuters, Calgary Herald CALGARY - Calgary lagged behind other major Canadian ... Full Article...
posted in General at Mon, 30 Aug 2010 10:48:11 -0600

Tuesday, August 24, 2010 -

We continue to scratch our headsBuyers play waiting gameBy Marty Hope, Calgary Herald August 21, 2010  The head-scratching situation with the national economy is playing havoc with the housing sectors in this country. People just aren't all that comfortable buying, unsure of where the economy is going and how long it's going to be before stability returns. In the intervening time, they are willing to wait. All this uncertainty means number-crunchers have been forced to make some recalculations. ... Full Article...
posted in General at Tue, 24 Aug 2010 11:59:00 -0600

Thursday, August 5, 2010 - New Listing - C3440112

Just added this listing:"Here is a great opportunity to buy a very affordable home or new rental property that needs some TLC. This 800 sq/ft 3 bedroom two story townhouse is located in the great community of Glenbrook. This condo features a good size kitchen, dining room and living room on the main floor. The top floor features three bedrooms and a four piece bathroom. Your minutes walk from shopping, transit, Schools and playgrounds. This complex is getting a complete face lift that should be ... Full Article...
posted in Listings at Thu, 05 Aug 2010 06:00:00 -0600

Tuesday, August 3, 2010 -

Summer Cool Down Continues in Calgary Housing Market Calgary, August 3, 2010 ? The summer cool down in Calgary?s housing market continued in the month of July, according to figures released today by the Calgary Real Estate Board (CREB®).The number of single family homes sold in July 2010 in the city of Calgary was down 42 per cent from the same time a year ago, and condominium sales saw a decrease of 44 per cent from the same time a year ago. July 2010 saw 915 single family homes sold in the ... Full Article...
posted in General at Tue, 03 Aug 2010 18:27:59 -0600

Friday, July 9, 2010 -

John Shmuel, Financial Post · Friday, Jul. 9, 2010 The Bank of Montreal announced Friday that it will lower its five year low-rate fixed mortgage from 4.15% to 3.99%, effective Saturday.   The announcement came as numbers came out that Canada?s housing market had slowed last month.   "Housing starts for June dropping by 3.1% shows the housing market is continuing to cool, and affordability is on the rise," said Michael Gregory, senior economist for BMO Capital Markets, in a release. "Lower ...
posted in General at Fri, 09 Jul 2010 22:04:10 -0600

Friday, July 9, 2010 -

June Housing Starts OTTAWA, July 9, 2010 ? The seasonally adjusted annual rate1 of housing starts was 189,300 units in June, according to Canada Mortgage and Housing Corporation (CMHC). Seasonally adjusted annual rate estimates of housing start activity were also revised up for April and May2. This resulted in a month-over-month gain of 3.7 per cent in April (205,900 units), a 5.1 per cent decline in May (195,300 units), and a decrease of 3.1 per cent in June. ?Housing starts decreased during ... Full Article...
posted in General at Fri, 09 Jul 2010 08:17:49 -0600

Monday, July 5, 2010 -

Calgary, July 2, 2010 ? Calgary home salescontinued to show a marked year-over-year declinein the month of June, according to figures releasedtoday by the Calgary Real Estate Board (CREB®).The number of single family homes sold in June2010 in the city of Calgary was down 42 per centfrom the same time a year ago, and condominiumsales saw a decrease of 40 per cent from the sametime a year ago.June 2010 saw 1,061 single family homes sold inthe city of Calgary. This is a decrease of 16 percent from ... Full Article...
posted in General at Mon, 05 Jul 2010 12:29:07 -0600

Tuesday, June 22, 2010 - New Listing - C3434434

Just added this listing:"Don't miss this awesome Acadia bungalow with many upgrades & special features close to Deerfoot & all amenities! This special home features a private front deck & south east backyard for sun all day! Beautiful back yard with many perennials, trees & shrubs. Spacious living room with vaulted ceiling, hardwood floors, corner fireplace & new picture window. Sunny kitchen with sky light has upgraded oak cabinets, slate floor & newer appliances. Three bedrooms above grade - ... Full Article...
posted in Listings at Tue, 22 Jun 2010 06:00:00 -0600

Saturday, June 5, 2010 -

CALGARY ? Calgary is the best place in Canada to invest in the residential real estate market, according to a report released by an investors' group Mario Toneguzzi, Canwest News Service · Thursday, Jun. 3, 2010 The Real Estate Investment Network?s report said Calgary experienced one of its best economic and real estate periods in Canadian history a couple of years ago, but then entered a strong, and needed correction. ?During the economic downturn, Calgary?s market is making a predictable ... Full Article...
posted in General at Sat, 05 Jun 2010 07:51:13 -0600

Tuesday, June 1, 2010 -

May Brings Marked Decline in Home SalesAverage price rises as move-up buyers enter market Calgary, June 1, 2010 ? Calgary home sales showed a marked decline in the month of May, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in May 2010 in the city of Calgary was down 20 per cent from the same time a year ago, and condominium sales saw a decrease of 21 per cent from the same time a year ago. May 2010 saw 1,262 single family ... Full Article...
posted in General at Tue, 01 Jun 2010 20:02:25 -0600

Tuesday, May 11, 2010 - New Listing - C3426854

Just added this listing:"Come see this fantastic 2 two story home in the quiet community of Saddleridge. This is the perfect home for that growing family and features four bedrooms, 2 1/2 baths and a large deck and back yard. The beautiful white kitchen has an island overlooking the cosy family room with a stunning tiled gas fireplace and rich hardwood floors. Enjoy your meals in the kitchen nook looking out to your deck and back yard. There is a 2 pcs bathroom and large laundry/Mudroom to ...
posted in Listings at Tue, 11 May 2010 06:00:00 -0600

Wednesday, May 5, 2010 -

40% of Calgary buyers see condos as investment: TD poll CALGARY - The 4th TD Canada Trust Condo Poll released today says 40 per cent of condo buyers in Calgary are purchasing their real estate as an investment property ? among the most likely in Canada to do that. And of those, 41 per cent who bought or would consider buying a condo see a condo as a long-term source of rental income, compared to 35 per cent nationally. The poll also said that while 26 per cent of Canadians plan on eventually ... Full Article...
posted in General at Wed, 05 May 2010 16:05:44 -0600

Wednesday, May 5, 2010 - New Listing - C3425839

Just added this listing:"Looking for a large family home (4 bdrms up & 3.5 bathrooms) close to schools in a mature neighborhood with all amenities: school, shopping, restaurants, transportation, rec centre & walking distance to LRT. Look no more! Located in popular Shannon Estates area of Shawnessy within walking distance to public & Catholic elementary & public jr high schools. This fabulous 2 storey home is a former Jayman showhome with many recent upgrades including new kitchen appliances ... Full Article...
posted in Listings at Wed, 05 May 2010 06:00:00 -0600

Monday, May 3, 2010 -

Calgary Housing Market to Simmer, not Sizzle Economic optimism, improved choice and price stability contribute to a balanced housing market Calgary, May 3, 2010 ? Calgary?s housing market continues at a healthy and balanced pace, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in April 2010 in the city of Calgary was up 5 per cent from the same time a year ago, while condominium sales saw an increase of 10 per cent from the ... Full Article...
posted in General at Mon, 03 May 2010 15:01:23 -0600

Monday, May 3, 2010 - New Listing - C3425559

Just added this listing:"Looking for lots of space - this 3 bedroom, 2 storey townhouse has it! This is an end unit with lots of sun boasting 3 bedrooms, 2.5 bathrooms & a fully finished basement with large rec room. This nicely upgraded home would be great for a family or first time buyer who wants roommates to help pay the mortgage. Freshly painted throughout including kitchen cabinets & millwork, lots of new windows, new hardware & some newer lights, tile & laminate flooring, this home is in ... Full Article...
posted in Listings at Mon, 03 May 2010 06:00:00 -0600

Friday, April 23, 2010 - New Listing - C3423664

Just added this listing:"Tired of living in that apartment or townhouse then have a look at this 1172 Sq ft 2-story home in the great community of Harvest Hills. This home has all the space a growing family could want. The bright main floor family room features a 20+ ft vaulted ceiling, with a large south facing window, & a beautiful brick faced gas fireplace. The large kitchen & nook has lots of counter space, and opens to the south facing deck. The top floor has 2 large bedrooms. One with a ... Full Article...
posted in Listings at Fri, 23 Apr 2010 06:00:00 -0600

Friday, April 2, 2010 - Early Rise in Mortgage Rates to Boost Calgary Housing Sales

Early Rise in Mortgage Rates to Boost Calgary Housing Sales Improved economic outlook and job prospects to be a bigger factor in the long-term Calgary, April 1, 2010 ? Calgary?s housing market enjoyed a healthy boost in March as homebuyers anticipate an earlier than expected rise in interest rates, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in March 2010 in the city of Calgary was up 29 per cent from the same time a year ... Full Article...
posted in General at Fri, 02 Apr 2010 09:36:36 -0600

Monday, March 22, 2010 -

Note: from a Mortgage Broker As many of you probably heard, on February 16, 2010 the Government of Canada announced new parameters regarding the qualification process of borrowers. Since then, there has been some confusion in the banking industry since the initial announcement and this week, the Government responded by issuing some further details. For your convenience I have outlined the changes below which are scheduled to take effective April 19, 2010: 1. Refinance -The maximum amount one ... Full Article...
posted in General at Mon, 22 Mar 2010 08:37:04 -0600

Sunday, March 21, 2010 - New Listing - C3417288

Just added this listing:"Don't miss this bright, upgraded 1050 sq ft bi-level close to schools, the NE Sportsplex, shopping & the McKnight/Westwinds C-train station with great access to new ring road. This clean, well maintained home has a fully finished basement & offers a total of 4 bedrooms & two four piece bathrooms. Upstairs is a spacious eat-in kitchen with upgraded cabinets, appliances and lino. There's a good sized living room & 3 bedrooms plus a 4 piece bathroom which has been totally ... Full Article...
posted in Listings at Sun, 21 Mar 2010 06:00:00 -0600

Monday, March 15, 2010 - Housing markets across the country are becoming more balanced

CALGARY - Housing markets across the country are becoming more balanced with average prices continuing to rise as well as new listings, says the Canadian Real Estate Association. The national association of realtors released today its February MLS numbers for Canada, showing sales up by 44 per cent from a year ago with new listings increasing by just over 10 per cent and the average sale price up 18.2 per cent to $335,655. ?There are still a number of major markets where sales negotiations ...
posted in General at Mon, 15 Mar 2010 10:36:33 -0600

Friday, March 5, 2010 - New Listing - C3414377

Just added this listing:"Looking for a perfect family home in West Strathcona Park? With 4 bdrms up, almost 2400 sq ft & fully finished bsmt plus huge mud room, this home is great for a large family. The main floor includes spacious tiled foyer with a walk in closet, den (built-in computer desk), formal dining room, large great room with built-in wall units for plenty of storage. Spacious kitchen with family sized island, gas stove, slate backsplash & pantry. Upstairs is large master bdrm with ... Full Article...
posted in Listings at Fri, 05 Mar 2010 05:00:00 -0700

Thursday, March 4, 2010 -

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010 OTTAWA ? The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The ongoing global economic recovery is being driven largely by strong domestic demand growth in many emerging-market economies ... Full Article...
posted in General at Thu, 04 Mar 2010 07:28:31 -0700

Monday, March 1, 2010 -

Calgary Housing Market Shows Signs of Balance, not Bubble An expected rise in interest rates to fuel an active spring market Calgary, March 1, 2010 ? Calgary?s housing market continues to build stability and momentum in the second month of the year, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in February 2010 in the city of Calgary was up 25 per cent from the same time a year ago, while condominium sales saw an increase ... Full Article...
posted in General at Mon, 01 Mar 2010 15:04:00 -0700

Tuesday, February 16, 2010 -

Finance Minister Jim Flaherty Tuesday announced tighter lending standards for mortgages, saying that while the housing market is ?healthy? the moves are needed to ?help prevent negative trends from developing.? Under the new rules, all borrowers will need to meet standards for 5-year fixed-rate mortgages regardless of whether they're seeking a loan with a lower rate and shorter term. Also, the government is lowering the maximum amount Canadians can withdraw when refinancing to 90 per cent of ... Full Article...
posted in General at Tue, 16 Feb 2010 08:01:44 -0700

Wednesday, February 3, 2010 -

Affordability Drives Calgary?s Housing Market With rising interest rates on the horizon buyers will see 2010 as the year to take advantage of low mortgage rates Calgary, February 1, 2010 ? Affordability continues to drive a recovery in Calgary?s housing market according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in January 2010 in the city of Calgary was up 39 per cent from the same time a year ago, while condominiums sales saw an ... Full Article...
posted in General at Wed, 03 Feb 2010 21:06:40 -0700

Sunday, January 24, 2010 - New Listing - C3408684

Just added this listing:"Lovely home in the neighbourhood of Taradale.There are 3 bedrooms up,with the master bedroom featuring a 4 pc ensuite.On the main floor you`ll find a large kitchen and dining area.The basement is partially finished with a 4th bedroom"
posted in Listings at Sun, 24 Jan 2010 05:00:00 -0700

Wednesday, January 6, 2010 -

Housing Recovery Continues with Active December Market Year-over-year sales increase for seventh consecutive month Calgary, January 5, 2010 ? The Calgary housing market continues to show signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB®).The number of single family homes sold in December 2009 in the city of Calgary was up 78 per cent from the same time a year ago, while condominiums sales saw an increase of 66 per cent from the same time a ... Full Article...
posted in General at Wed, 06 Jan 2010 08:11:48 -0700

Wednesday, December 30, 2009 -

OTTAWA -- Resale prices for Canadian homes rose for a sixth consecutive month in October -- and were up on an annual basis for the first time in nearly a year -- as the country?s real estate market continued to recover from recessionary lows, according to a report released Wednesday. The Teranet-National Bank resale house price index of major markets increased 1.27% during the month from September. Year-over-year, prices were up 0.57% -- marking the first rise in 10 months.?Prices have now ...
posted in General at Wed, 30 Dec 2009 13:36:19 -0700

Wednesday, December 9, 2009 -

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010 OTTAWA ? The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.While significant fragilities remain, global economic developments have been slightly more positive and the global outlook has ... Full Article...
posted in General at Wed, 09 Dec 2009 10:55:27 -0700

Wednesday, December 9, 2009 -

November Housing Starts OTTAWA, December 8, 2009 ? The seasonally adjusted annual rate1 of housing starts reached 158,500 units in November. This is an increase from 157,400 units started in October, according to Canada Mortgage and Housing Corporation (CMHC).?The improvement in housing starts continued in November,? said Bob Dugan, Chief Economist at CMHC?s Market Analysis Centre. ?Despite a small decline in November?s multiple home construction, overall starts numbers were up due to a solid ... Full Article...
posted in General at Wed, 09 Dec 2009 10:50:03 -0700

Wednesday, December 2, 2009 -

  Canada Mortgage and Housing Corporation 6Housing Now - Canada - Date Released - November 2009   The Western Canada view As can be seen on Figures 4 to 7, Canada?s western provinces were the first to experience a decrease in demand for Existing homes. As existing homes sales decreased, the SLR quickly moved from a sellers? to a buyers? market, except forManitoba, which has remained in sellers? market territory since about 2001. The decrease in demand was due, in part, by the rapid escalation ... Full Article...
posted in General at Wed, 02 Dec 2009 08:36:47 -0700

Friday, November 20, 2009 - New Listing - C3402602

Just added this listing:"This gorgeous, immaculate, two storey home with a huge pie lot is located on a quiet cul-du-sac & backs onto a large greenspace. From the moment you walk through the front entrance, this home impresses with a large foyer featuring a circular stairway & cathedral ceiling. The main floor boasts a spacious living room/dining room, large kitchen overlooking the family room, a separate den, good sized laundry/mud room & a 2 pc bath. Upstairs you will find the master bdrm ... Full Article...
posted in Listings at Fri, 20 Nov 2009 05:00:00 -0700

Thursday, November 5, 2009 -

CALGARY - The Calgary census metropolitan area recorded one of the largest monthly increases across Canada in the value of building permits during September, said Statistics Canada.The federal agency reported today that building permit value in the Calgary region rose by 26 per cent from August to $307.3 million.Provincially, Alberta saw a 13.8 per cent monthly hike to $906.3 million. That included a 9.8 per cent increase in the residential sector to $587.4 million and a 22.0 per cent jump in ... Full Article...
posted in General at Thu, 05 Nov 2009 12:51:01 -0700

Monday, November 2, 2009 -

Real estate market in recovery: CMHC Housing starts have begun to recover and should improve in the second half of 2009, according to the Canada Mortgage and Housing Corporation.However, the CMHC also warned in its newly released report that the high level of activity in the first part of 2009 was the result of delayed transactions and would not likely continue at such a pace.In its fourth-quarter "Housing Market Outlook," CMHC forecast that starts would reach 141,900 for the year and 164,900 ... Full Article...
posted in General at Mon, 02 Nov 2009 08:02:02 -0700

Wednesday, October 28, 2009 - New Listing - C3400169

Just added this listing:"Fabulous custom-designed/built home in desirable Mt Pleasant just 1 block to 2nd Street paths to Princes Island Park. Many special features/upgrades including custom made European flat panel cabinetry in the kitchen & built in closets/amoires - front entrance, master bedroom & 3rd bedroom. The great room features coffered ceilings & built-in wall unit surrounding the gas fireplace. The kitchen has an island with raised bar, granite counters, high end hood fan (870 cfms) ... Full Article...
posted in Listings at Wed, 28 Oct 2009 06:00:00 -0600

Wednesday, October 21, 2009 - New Listing - C3399498

Just added this listing:"For all you empty nesters or young professional couples here is the perfect home located in the beautiful lake community of Chaparral. This 1350 sq/ft executive bungalow features vaulted ceilings, hardwood floors & lots of windows for bright comfortable living. The main floor has a den, formal dining room, large Kitchen & great room. The great room has a beautiful fireplace & lots of room to entertain. The kitchen features Corian counter tops, Subzero Refrigerator, and ... Full Article...
posted in Listings at Wed, 21 Oct 2009 06:00:00 -0600

Thursday, October 15, 2009 -

CALGARY - Spurred by sales in Calgary, Vancouver and Toronton, national resale housing activity climbed to the highest level of any third quarter on record this year, says the Canadian Real Estate Association.The association said today that MLS home sales totalled 135,182 units in the third quarter of this year, the most ever for the period from July to September. The number of transactions was up 18 per cent from the third quarter of last year, which represented the biggest year-over-year ...
posted in General at Thu, 15 Oct 2009 08:31:10 -0600

Thursday, October 15, 2009 - New Listing - C3398750

Just added this listing:"Excellent Inner City townhouse for under $375,000 just minutes from Bow River, bike paths, Foothills Hosp, U of C & close to DT. This home features a spacious, open floor plan with living room, dining room & kitchen on the main floor (plus extra storage & large 2 pc bathroom). The kitchen has newer black appliances, pantry, lots of cupboards & counter space. You will enjoy entertaining in the large dining room & the living room features a cozy, corner fireplace with new ... Full Article...
posted in Listings at Thu, 15 Oct 2009 06:00:00 -0600

Thursday, October 1, 2009 -

Calgary Home Prices Show Signs of Stability Recovery Continues in Calgary Housing MarketCalgary, October 1, 2009 ? Calgary home prices show signs of stability as recovery in the housing market begins to take hold.The average price of a single family Calgary metro home in September 2009 was $459,085, showing an increase of 1 per cent from August 2009, when the average price was $454,130, and showing an increase of 3 per cent from September 2008, when the average price was $444,048. The average ... Full Article...
posted in General at Thu, 01 Oct 2009 15:05:07 -0600

Thursday, October 1, 2009 -

Real estate markets on the mend Globe and Mail Update and The Associated PressThursday, October 01, 2009Real estate markets around the world are showing tentative signs of stability and this, in turn, will boost broader economic activity, Bank of Nova Scotia said Thursday.?Home ownership is a crucial sector of national economies and an important source of wealth for many households, influencing spending, saving and borrowing decisions,? Adrienne Warren, the bank's senior economist, said in a ... Full Article...
posted in General at Thu, 01 Oct 2009 14:30:04 -0600

Thursday, September 10, 2009 - New Listing - C3394544

Just added this listing:"Come to the oasis of Parkland with its mature trees, schools & parks and live in this beautiful Keith built home just minutes walk from the ridge overlooking Fish creek park, a short drive to shopping and easy access to the Deerfoot. This 4 level split home features over 2000 sq ft of living space. There is a large bright living room, formal dining room and large newer kitchen with eating area. Enjoy your morning coffee on the private balcony off the large master ...
posted in Listings at Thu, 10 Sep 2009 06:00:00 -0600

Thursday, September 3, 2009 -

Canadian housing on brink of reboundGlobe and Mail UpdateThursday, September 03, 2009Toronto ? Housing starts are expected to pick up in the second half of this year as buyers shake off some of their anxiety about the economy, Canada Mortgage and Housing Corp. said on Thursday.The housing agency said in a forecast that housing starts are expected to reach 141,900 this year and 150,000 next year. This marks an improvement, although the activity is still well down from the 211,056 starts in 2008, ... Full Article...
posted in General at Thu, 03 Sep 2009 08:36:49 -0600

Thursday, September 3, 2009 -

By Shannon Montgomery, The Canadian PressCALGARY - Houses used for marijuana grow operations are usually an obvious mess, dingy and littered with burst pipes, broken walls and illegal wiring.But even after the rows of plants are hauled away and all visible traces of destruction cleaned up, hundreds of types of mould can linger in the walls and floors, sickening those who unwittingly live there next.A new University of Calgary study commissioned by the Alberta Real Estate Association calls on ... Full Article...
posted in General at Thu, 03 Sep 2009 08:36:01 -0600

Friday, August 7, 2009 - New Listing - C3390174

Just added this listing:"Great upgraded two storey townhouse in popular Canyon Meadows close to public transportation, LRT and South Centre. This home has many upgrades including kitchen flooring, cupboards, backsplash, counter tops, sink & taps, new carpet & freshly painted. The main 4 piece bathroom has been totally renovated. Other upgrades include lighting, patio doors, front door screen, furnace and new counter tops and sink in half bath. Also on the main floor is a spacious living room ... Full Article...
posted in Listings at Fri, 07 Aug 2009 06:00:00 -0600

Wednesday, August 5, 2009 - New Listing - C3389771

Just added this listing:"Take a short drive out of town and enter the quiet, peaceful setting this country home provides. There are 4.46 acres with beautiful mountain views, rolling pasture land only 10 minutes from the new south Calgary hospital, & 15 minutes from all the shopping & restaurants in McKenzie Towne. This 2080 sq ft 2 story home features a large living room, formal dining room and cozy family room with gas fireplace. The country kitchen has new stainless steel appliances, & ...
posted in Listings at Wed, 05 Aug 2009 06:00:00 -0600

Tuesday, July 14, 2009 -

  Home sales strengthen in second quarter SUSAN KRASHINSKYTuesday, July 14, 2009The housing market is continuing to rebound, according to numbers released Tuesday by the Canadian Real Estate Association.Home sales were up 31.5 per cent from last quarter and up by 1.4 per cent year-over-year, the first annual increase since late 2007.The rise in sales was most marked in June, which showed the first annual increase in unit sales since November, 2007, with a jump of 17.9 per cent since last ...
posted in General at Tue, 14 Jul 2009 10:15:16 -0600

Monday, July 6, 2009 -

Calgary Home Sales Increase for Sixth Consecutive Month Calgary real estate shifts to a balanced marketCalgary, July 2, 2009 ? The number of single family homes and condos sold in June in Calgary metro are both up from the same time a year ago.MLS® sales activity of single family Calgary metro homes was 1,837 in the month of June 2009, showing an increase of 16 per cent from 1,584 sales in May 2009, according to figures released by the Calgary Real Estate Board (CREB®). This is the sixth ...
posted in General at Mon, 06 Jul 2009 10:48:34 -0600

Friday, June 19, 2009 - New Listing - C3383738

Just added this listing:"Immaculate, executive, 4 bdrm, two storey in prestigious Woodlands close to Fish Creek Park! Great curb appeal & many upgrades. This home impresses from the first moment with a spacious foyer & impressive circular stair case. The main floor boasts a vaulted LR, DR, large kitchen (newer appliances) & very large family room with a wood burning fireplace, 2 piece bath & separate laundry/mud room. Upstairs is a spacious master bedroom with his/her closets & room for a ...
posted in Listings at Fri, 19 Jun 2009 06:00:00 -0600

Wednesday, June 10, 2009 - New Listing - C3382296

Just added this listing:"Imagine living in your own detached, single family home in the desirable neighborhood of Bridlewood for under $300,000 (and no condo fees)! This bright, sunny home has been immaculately maintained inside and out and has a fully landscaped, west facing back yard with a 20X20 parking pad. This special home features a large foyer & an open floor plan with a large kitchen (including a separate eating area) overlooking the great room. There are two bedrooms above grade ...
posted in Listings at Wed, 10 Jun 2009 06:00:00 -0600

Monday, June 8, 2009 - New Listing - C3382912

Just added this listing:"Here is the apartment condo you've been looking. This top floor end unit is located in the beautiful Fish Creek Point condominium complex. This unit has spectacular views of the evergreen pond and fountain and faces south east to allow for the fantastic morning sun and cooler summer evenings on your large deck. This two bedroom open concept home features a large kitchen with eating bar overlooking a spacious living room. The large master bedroom features a walk through ... Full Article...
posted in Listings at Mon, 08 Jun 2009 06:00:00 -0600

Thursday, June 4, 2009 -

Building permits up 30% in Calgary By Mario Toneguzzi, Calgary HeraldJune 4, 2009 8:01CALGARY - The value of building permits in April in the Calgary census metropolitan area rose by 30 per cent on a monthly basis, according to Statistics Canada.The federal agency said today that building permit value in the Calgary region reached $310.3 million for the month, up from $238.4 million in March.In Alberta, total building permit value increased by 6.1 per cent to $742.9 million. The residential ... Full Article...
posted in General at Thu, 04 Jun 2009 08:22:20 -0600

Friday, May 22, 2009 - New Listing - C3379469

Just added this listing:"You won't want to miss this exceptional townhouse located in Woodborough Terrace! All that's left to do is move in and enjoy! Complete renovation in 2006 including new interior doors, mill work, hardware, closet doors, lighting, bathrooms (granite counters), flooring, fireplace mantle/tile, blinds, new kitchen including appliances (black), cabinets, granite counter tops, furnace and hot water tank. All new windows in 2008. This 3 bedroom unit has a large master bedroom ... Full Article...
posted in Listings at Fri, 22 May 2009 06:00:00 -0600

Thursday, May 14, 2009 - Home sales jump in April

HEATHER SCOFFIELDGlobe and Mail UpdateMay 14, 2009 at 12:54 PM EDTOTTAWA ? Home sales soared in April for the third month in a row, but the real estate market has not yet made up for all the lost momentum of the past year, the Canadian Real Estate Association says. Sales of homes in Canada, seasonally adjusted, jumped 11.2 per cent in April compared to March, the largest month-to-month increase in more than five years, CREA said. The gain compounds advances of 10.3 per cent in February and 7.7 ... Full Article...
posted in General at Thu, 14 May 2009 11:21:11 -0600

Tuesday, May 5, 2009 -

CALGARY - Canada?s housing market is showing signs of emerging from its winter hibernation, according to the latest Real Estate Trends report released today by Scotia Economics.Across Canada, home sales strengthened in both February and March, and preliminary reports suggest this firming trend continued in April, said the report by Adrienne Warren, senior economist and real estate market specialist with Scotia Economics.The report said a rise in demand combined with fewer new listings has ...
posted in General at Tue, 05 May 2009 08:06:43 -0600

Tuesday, April 21, 2009 -

Bank of Canada cuts key interest rate to 0.25% Last Updated: Tuesday, April 21, 2009 | 9:35 AM ETCBC NewsThe Bank of Canada on Tuesday lowered a key lending rate again as the central bank reduced its economic outlook for 2009 and 2010.The bank reduced the overnight rate by one-quarter of a percentage point to 0.25 per cent, which the bank said is the lowest effective rate. The lending rate will remain at the level until the middle of 2010 ? depending on inflation rates ? as the Bank of Canada ... Full Article...
posted in General at Tue, 21 Apr 2009 08:24:21 -0600

Thursday, April 16, 2009 -

Home sales activity up for 2nd straight month in Canada, Calgary  By Mario Toneguzzi, Calgary HeraldApril 15, 2009CALGARY - The residential resale market showed signs of life again in March both nationally and at a local level. Data released Wednesday by the Canadian Real Estate Association indicated existing MLS home sales activity increased for the second month in a row in March across the country. The association also said the number of new listings continued trending lower in March, which ... Full Article...
posted in General at Thu, 16 Apr 2009 08:53:10 -0600

Wednesday, April 15, 2009 - New Listing - C3374036

Just added this listing:"First time buyer or investor here is the home for you. This totally renovated 2 bedroom apartment condo features new flooring, paint, and lighting. This quiet third floor end unit faces east for beautiful morning sun and cooler summer evenings. There is a large master bedroom great living room, a bright galley kitchen and comfortable dining room. The ensuite storage room offers plenty of room for all of your toys without traveling three floors down to get or store your ... Full Article...
posted in Listings at Wed, 15 Apr 2009 06:00:00 -0600

Saturday, April 4, 2009 -

Calgary housing market picks up as buyers tiptoe back into market March MLS sales, house prices up over FebruaryBy Mario Toneguzzi, Calgary HeraldApril 2, 2009Calgary's housing market picked up in March, with both MLS sales and average house prices for single-family homes and condominiums rising from the previous month's levels.With house prices stabilizing in the past few months, low mortgage rates and still a high selection of properties for sale, more homebuyers entered the resale housing ... Full Article...
posted in General at Sat, 04 Apr 2009 08:38:18 -0600

Monday, March 16, 2009 -

News from ReutersCanada home resales rise in February, prices drop 16/03/09TORONTO (Reuters) - Sales of existing homes in Canada rose in February from January, the first month-on-month rise since September, but prices dropped sharply, the Canadian Real Estate Association said on Monday.Nationally, 28,669 homes were sold in February, up 8.6 percent from the month before on a seasonally adjusted basis.But the average home price fell 9.2 percent to $281,972 from $310,379 a year earlier.On a ...
posted in General at Mon, 16 Mar 2009 12:52:55 -0600

Wednesday, March 4, 2009 -

OTTAWA ? In spite of the economic downturn, most Canadians still believe it is a homebuyer?s market, with more first timers planning on purchasing their own homes, according to a study released Wednesday by the Royal Bank of Canada.?The current economic environment does not appear to have dampened Canadians? overall confidence in the housing market,? said Royal Bank spokeswoman Karen Leggett. ?Canadians continue to have an overwhelming belief in the long-term value of a home and we?re seeing ... Full Article...
posted in General at Wed, 04 Mar 2009 08:58:52 -0700

Tuesday, March 3, 2009 -

Tue, March 3, 2009Increase in home sales brings hope By MARKUS ERMISCH, SUN MEDIA A bright ray of optimism has pierced the leaden clouds that were hanging over Calgary's real estate market early this year.Sales of single-family homes increased 50% to 825 units in February compared to January, show figures released yesterday by the Calgary Real Estate Board. Condominium sales rose 52% to 334 units during the same period.But despite the more brisk pace, activity and prices in Calgary's real ...
posted in General at Tue, 03 Mar 2009 14:59:22 -0700

Thursday, February 19, 2009 -

Canada Mortgage and Housing CorporationH o u s i n g M a r k e t I n f o r m a t i o nPrairies HousingOutlookThe economic uncertainty andsurplus of unoccupied new units willpostpone Alberta's recovery insingle-detached construction foranother year. Following a nearly50 per cent reduction in 2008,single-detached starts will slip furtherin 2009. Edmonton will be anotable exception due to the velocityof the downturn that occurredlast year. Provincial starts shouldrebound in 2010, provided ...
posted in General at Thu, 19 Feb 2009 08:59:34 -0700

Wednesday, February 4, 2009 -

Calgary home prices remain stableBy MARKUS ERMISCH, SUN MEDIAThe average price of a single-family home in Calgary remained largely unchanged last month.The Calgary Real Estate Board said yesterday that in January, the average MLS price in that category totalled $414,466, which is less than 1% lower than the price the same home would have fetched in December.Sales of single-family homes, however, rose nearly 20% in January to 538 units, compared to 449 units sold in December last year.December ... Full Article...
posted in General at Wed, 04 Feb 2009 11:43:10 -0700

Thursday, January 22, 2009 -

Bank of Canada releases Monetary Policy Report Update OTTAWA ? The Bank of Canada today released its January Monetary Policy Report Update, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.In the Update, the Bank noted that the outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity. Heightened uncertainty is undermining ... Full Article...
posted in General at Thu, 22 Jan 2009 09:21:45 -0700

Tuesday, January 20, 2009 -

Bank of Canada lowers overnight rate target by 1/2 percentage point to 1 per centOTTAWA ? The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 1 1/4 per cent.The outlook for the global economy has deteriorated since the Bank's December interest rate announcement, with the intensifying financial crisis spilling over ... Full Article...
posted in General at Tue, 20 Jan 2009 10:44:38 -0700

Tuesday, January 6, 2009 -

REAL ESTATE MARKET COOLS AS 2008 COMES TO A CLOSECalgary, January 5, 2009 ? MLS® salesactivity slowed considerably at the end of2008, according to fi gures released by theCalgary Real Estate Board (CREB®).Single family Calgary metro sales for themonth of December totaled 449, showing adecrease of 47 per cent from the 846 salesin December 2007 and showing a decreaseof 33 per cent from November?s sales of670. The year end number of Calgary metrosingle family sales was 13,455, showinga decrease of ... Full Article...
posted in General at Tue, 06 Jan 2009 10:13:24 -0700

Sunday, December 28, 2008 - New Listing - C3359879

Just added this listing:"This KEITH built bi-level located in the desirable neighbourhood of Acadia is a "must-see" if you are looking for a home with sweat equity potential. It features 3 bedrooms on the main floor with 2 additional bedrooms in the basement, along with a jetted tub in the main bathroom, large kitchen & a separate dining room with new garden doors leading to a good sized deck. This home boasts original hardwood flooring & has been professionally painted. The roof was replaced, ... Full Article...
posted in Listings at Sun, 28 Dec 2008 05:00:00 -0700

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