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Question Box: How Can I Find Out If A Basement Development Has The Necessary...
One of the main concerns buyers should have is whether the home they’re interested in purchasing has the necessary permits for the basement development such as electrical, plumbing and building permits...
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Calgary Luxury Home Market Defying Clampdown
“Ottawa’s clampdown on mortgage borrowing is now gripping high-end homes,” reported the Globe & Mail earlier this month. The clampdown has yet to establish any hold on Calgary’s luxury market....
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More Protection For New Home Buyers
The Government of Alberta released a new proposal that will help new home buyers have some more peace of mind. It’s a little late in coming and more still can be done, but this is welcome nonetheless....
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October 1-28, 2012 Calgary Real Estate Update
In the words of the Friendly Giant, “Look up, way up.” Prices and sales are up from last year across all three market segments. Here’s a brief overview of the Calgary market as we approach the end of...
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Robert Shiller Or CIBC: Who Will Be Correct?
Last month, Robert Shiller said, “I worry that what is happening in Canada is kind of a slow-motion version of what happened in the U.S.” Of course he was the economist who predicted the US housing...
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New Housing Price Index (NHPI): September 2012
Calgary new home prices eked out a 0.2% month-over-month gain in September according to Statistics Canada’s New Housing Price Index released today. This followed a 0.3% increase between July &...
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ATB: Alberta’s Housing Starts Hanging In
Canadian housing start figures for October were released today. Below is the roundup of different bank commentary beginning with ATB’s Alberta focus. ATB: Daily Economic Comment, November 8 2012...
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Are Presales Boosting the Calgary Market?
Are presales juicing Calgary condo-apartment MLS® sales figures? Between January 1 and November 11 of this year there were 3,112 units sold. Of those, I found only 30 of them were for condominiums...
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Regulatory Impact Depends On Location, Location, Location
Below are brief summaries of TD’s, BMO’s, and Scotia’s commentary on October sales figures released by CREA today. TD It is commonly said that there is no such thing as a national housing market. This...
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“Dollar Dealer” Scam Resurfacing In Calgary
Are you behind on your mortgage payments? Is someone offering you a way out, perhaps sounding too good to be true? Please read on… Source: Scotia Mortgage Corporation v. Gutierrez, 2012 ABQB 683 In...
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RBC: Calgary Housing Market “Healing Process Has Begun”
The Canadian Real Estate Association (CREA) released the May figures yesterday which was followed by commentary from bank economists. Below is a round-up of excerpts regarding the Calgary market: RBC...
View ArticleHome improvement November marks a rise in sales.
City of Calgary, December 1, 2017 By CREB Click here for November 2017 Calgary Stats The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales totaled...
View ArticleHousing Market Déjà Vu in January
As expected, Calgary sales activity similar to last year. by CREB click here for the full report City of Calgary, February 1, 2018 – The new year opened predictably, with monthly figures close to the...
View ArticleA Bumpy Road to Recovery
Calgary February housing market prices hold, but sales fall. by CREB for full detail click here City of Calgary, March 1, 2018– Residential home sales declined in February, but a decline in new...
View ArticleAlberta Economy Weighs on April Soft Sale
click here for City of Calgary data • Detached sales activity slowed across each district in the city, causing inventory gains. Inventory levels were only significantly higher than long-term averages...
View ArticleCalgary Luxury Home Market Defying Clampdown
“Ottawa’s clampdown on mortgage borrowing is now gripping high-end homes,” reported the Globe & Mail earlier this month. The clampdown has yet to establish any hold on Calgary’s luxury market....
View ArticleMore Protection For New Home Buyers
The Government of Alberta released a new proposal that will help new home buyers have some more peace of mind. It’s a little late in coming and more still can be done, but this is welcome nonetheless....
View ArticleOctober 1-28, 2012 Calgary Real Estate Update
In the words of the Friendly Giant, “Look up, way up.” Prices and sales are up from last year across all three market segments. Here’s a brief overview of the Calgary market as we approach the end of...
View ArticleRobert Shiller Or CIBC: Who Will Be Correct?
Last month, Robert Shiller said, “I worry that what is happening in Canada is kind of a slow-motion version of what happened in the U.S.” Of course he was the economist who predicted the US housing...
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