Canadian Housing Sales And Prices To Flatten Over The Next Two Years, Says RBC

Calgary Real Estate News

The time may be right for Canadian homeowners to consider selling as industry experts forecast that prices should soon hit a peak and at best flatten if not undergo precipitous declines over the next few years.

The Royal Bank (TSX:RY) forecast Thursday that the Canadian market will return to a period of much slower sales and pricing growth the like of which has not been seen for about 15 years. Want to read more in depth on this article? Just click the link below.

Canadian Housing Sales And Prices To Flatten Over The Next Two Years, Says RBC – Calgary Real Estate

 

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

High Buys In The Sky

Calgary Real Estate News

In 1982, Brad Lamb was studying engineering at Queen’s University in Kingston and Sharing a sevem-bedroom house with nine others. With monthly rent set at $100 per person, it was a great deal for cash-strapped students. But when the owners put the property up for sale at $50,00 one spring day, young Brad was stunned.

“I pulled out my calculator and figured out how much a mortgage would cost,: recalls Mr. Lamb. “The taxes were on the flyer and I figured these guys were making crazy money. The net cash flow after all costs, with a 25% downpayment, was something to the tune of $6,000 a year, and that was just free cash flow.” Want to read more in depth on this article? Just click the link below.

High Buys In The Sky – Calgary Real Estate

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

So Many Reasons To Go Green

Calgary Real Estate News

Energy efficiency is becoming a topic of more and more interest these days.

In fact a recent survey revealed nearly half of Canadians are planning energy-efficiency upgrades in the next year.”

The Calgary Real Estate Board (CREB) is of the same mindset and has amened the MLS system to capture EnerGuide ratings. Want to read more in depth on this article? Just click the link below.

So Many Reasons To Go Green – Calgary Real Estate

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

New Home Starts Increase In June

Calgary Real Estate News

Calgary and area home builders recorded a year-over-year increase in housing starts in June, only the second time it has happened this year, according to the Canada Mortgage and Housing Corp.

“Housing starts in the Calgary Census Metropolitan Area totalled 719 units in June 2011, up from 685 units in the previous year,” says Richard Cho, senior market analyst for CMHC in Calgary. Want to read more in depth on this article? Just click the link below.

New Home Starts Increase In June – Calgary Real Estate

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

Holmes’ Homes Get Celebrity Inspection

Calgary Real Estate News

Mike Holmes is living in Hotel California.

M like the 1977 Eagles’ hit song, once you’re in you can’t get out -and that’s exactly what the popular contractor and TV personality says about his mission to transform the way homes are built.

“My job is to keep doing this (changing specifications of homes and modifying the way they are built) until all homes are built better,” he says during a recent tour in Calgary to inspect one of the homes built under his new Holmes Approved Homes program. Want to read more in depth on this article? Just click the link below.

Holmes’ Homes Get Celebrity Inspection – Calgary Real Estate

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

Home Sales On ‘Solid Footing,’ Up 2.6%

Calgary Real Estate News

Home sales rose by a seasonally adjusted 2.6 per cent in June from the previous month, a sign the housing market is on a “solid footing,” the Canadian Real Estate Association said Friday.

Sales totalled 37, 578 for the month, with activity remaining stable in Toronto. Gains were recorded in Victoria, Calgary and Montreal, as well as in the Ontario  cities of Ottawa, London and Hamilton, CREA said. Want to read more in depth on this article? Just click the link below.

Home Sales On ‘Solid Footing,’ Up 2.6% – Calgary Real Estate

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

Calgary Home Sales Pick Up

Calgary Real Estate News

The Calgary real estate market is picking up, with sales activity rising in June over the previous month by a seasonally adjusted 7.6 per cent.

And compared to June a year ago, the number of sales -not adjusted -jumped by a third, according to data released by the Canadian Real Estate Association Friday. Want to read more in depth on this article? Just click the link below.

Calgary Home Sales Pick Up – Calgary Real Estate 

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

Housing Market Facing ‘Modest’ Correction Over Next Two Years: TD

Calgary Real Estate News

OTTAWA – Canada’s housing market is set to undergo a “modest” correction, with resale activity poised to drop 15.2 per cent and average prices likely to fall 10.2 per cent over the next two calendar years, according to a report released by TD Economics Wednesday.

“A combination of more subdued job and household income growth, rising interest rates, the recent tightening in borrowing rules for insured mortgages and fewer first-time home buyers are expected to be the chief culprits behind the slowdown, ” said the report, prepared by deputy chief economist Derek Burleton and economist Sonya Gulati. Want to read more in depth on this article? Just click the link below.

Housing Market Facing ‘Modest’ Correction Over Next Two Years: TD – Calgary Real Estate

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

What’s The Best Way To Save For A House: RRSPs or TFSAs?

Calgary Real Estate News

Add RRSPs versus TFSAs to the list of decisions you have to make as a prospective home buyer.

Some serious saving is going to be required to meet the minimum 5-per-cent down payment for buying a home, not to mention the 20-per-cent threshold for avoiding costly mortgage default insurance. Two ideal vehicles for saving are registered retirement savings plans and tax-free savings accounts. Which is best? Want to read more in depth on this article? Just click the link below.

What’s The Best Way To Save For A House: RRSPs or TFSAs? – Calgary Real Estate 

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

The Unloved

Calgary Real Estate News

For the past 250 days it has sat looking at the distant mountains. Its gleaming hardwood floors never walked on, save by realtors during showings. Its stone countertops never feeling the press of a tomato’s firm roundness. Its glass and slate patios disturbingly empty. Its beams and flourishes so far uncoveted by a perfectionist owner.

Unlived in, unloved, this west coast masterpiece has sat since the day construction finished almost a year ago, in mute testimony to what happens when a housing market goes south. It’s now back on the market, 2,500 square feet luxury  on 16,000 feet of landscaped perfection, for $50,000 less than before. If it were in Vancouver, it would sell for 3.5$. In pretigious Nanoose Bay, on Vancouver Island, it’s now $838,000. Want to read more in depth on this article? Just click the link below.

The Unloved – Calgary Real Estate 

Jared & Rebecca
About The Chamberlain Group:
Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing online marketing and advanced tools to sell your house in Calgary faster and for far more money. They would be honored to have the chance to work with you and earn your business. ____________________________________________________

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