Calgary’s Housing Market Balanced: Conference Board
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
CALGARY — The Conference Board of Canada says Calgary’s housing market is currently under balanced conditions.
In a report released Monday, the board said the seasonally-adjusted annual rate of resales in Calgary was 22,308 units in September, up from 20,040 units in September 2010.
The annualized rate for new listings during the month was 44,712, up from 44,076 a year ago.
The conference board said the sales-to-new listings ratio increased to 0.464 from 0.426 last year.
House prices, though, took a slight dip in September falling to $409,831 from $410,241 in September 2010. Want to read more in depth on this article? Just click the link below.
Calgary’s Housing Market Balanced: Conference Board – 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. ____________________________________________________
Future Housing Starts Positive
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
REAL ESTATE . Expectations for future housing starts in the Calgary region are positive, according to the Conference Board of Canada.
The board reported Friday that the Calgary census metropolitan area can expect a positive climate for the homebuilding industry in both the short and long term.
The board said the seasonally-adjusted annual rate for housing starts in the Calgary CMA in September was 8,534 units, up slightly from 8,449 a year ago.
Short-term expectations are based on residential permits data.
Long-term expectations are based on demographic requirements. Want to read more in depth on this article? Just click the link below.
Future Housing Starts Positive – 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. ____________________________________________________
Canada Stands Out
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
While Canada’s hot housing market has begun to cool, it remains a notable outperformer, says a report.
The renewed slowdown in global economic activity is putting further downward pressure on already weak residential property markets across much of the developed world, says Scotia Economics in its Global Real Estate Trends Report.
But Canada’s housing market stands out in its resilience and longevity, says Adrienne Warren of Scotia Economics.
Average inflation-adjusted resale home prices were up five per cent nationally from April to June compared to last year. July and August pointed to firm but stable sales in the late summer, alongside a levelling out in prices. Want to read more in depth on this article? Just click the link below.
Canada Stands Out – 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. ____________________________________________________
Stone Project Solid With Buyers
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
Brian Kernick has been biding his time, waiting for the right opportunity to move into Calgary’s multi-family housing market.
“We’ve been looking for a while,” says the president of Greenview Developments. “We were able to get a good piece of land in a growing area, so it made a lot of sense for us to make the move.”
Until now, the company has been most active with new construction in Regina, Fort McMurray and Canmore. As well, it has undertaken renovations of some large projects in various locations in Calgary. Want to read more in depth on this article? Just click the link below.
Stone Project Solid With Buyers – 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-owning Baby Boomers Should Consider ‘For-Sale’ Signs
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
Baby boomers, the housing market is in your hands.
Out of a population of 34.6 million, Canada has roughly 10 million people who were born between 1946 and 1965. This massive boomer cohort started turning 65 this year. All those empty nesters will soon have a decision to make. Should they sell now to downsize their family home, or stay on to welcome grandchildren?
This could be one of the most important questions that baby boomers deal with as they enter retirement, and the financial impact will be widely felt. Expect a slowing in today’s hyperactive housing market, but not right away. Want to read more in depth on this article? Just click the link below.
Home-owning Baby Boomers Should Consider ‘For-Sale’ Signs – 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. ____________________________________________________
Average Home Price Rises 6.5% To $352,600
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
Higher sales in a number of major markets, most notably Toronto, helped push the average price of a Canadian home up 6.5 per cent in September compared with a year earlier.
The Canadian Real Estate Association said Monday the average price for a Canadian home sold in September was $352,600. In June, the average was $372,700.
Market watchers say the national average price in the spring was being skewed upward by sales in some expensive Vancouver and Toronto neighbourhoods. The 6.5 per cent annual gain is the smallest since January. Want to read more in depth on this article? Just click the link below.
Average Home Price Rises 6.5% To $352,600 – 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 House Prices 5th Highest In Canada
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
Calgary MLS sale prices are the fifth highest in Canada, according to the latest data from the Canadian Real Estate Association.
In September, Vancouver had the highest prices in the country with an average sale price of $751,042 followed by Victoria (($493, 522), the Fraser Valley ($489,420), Toronto ( $465,369) and Calgary ($406,252).
On a year-over-year basis, Calgary’s average price climbed 1.3 per cent.
Year-over-year price gains were 10.5 per cent in Vancouver, 1.7 per cent in Victoria, 10.0 per cent in the Fraser Valley and 8.9 per cent in Toronto. Want to read more in depth on this article? Just click the link below.
Calgary House Prices 5th Highest In Canada - 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. ____________________________________________________
Condo Shopping: On The Hunt
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
If you’re in the market for your first home, and that happens to be a condominium, the timing couldn’t be better.
Calgary’s condo market has been a sellers’ bonanza for several years, but over the last year, the tables have turned.
“It’s definitely a buyers’ market,” says Jon Angevine, an associate broker with Discover Real Estate in Calgary. “There’s lots of supply out there.”
While the housing market might have seen a correction in prices in the first year following the recession, condo prices held strong until about the middle of 2010. Want to read more in depth on this article? Just click the link below.
Condo Shopping: On The Hunt – 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. ____________________________________________________
B.C. Lawyer Tackles CIBC Over Mortgages
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
You just made the largest purchase of your life based on borrowing more than you ever have before. Are you really going to bother reading that 25-page contract with all the rules on your mortgage?
The answer is usually no. The truth is you should.
The ambiguity in mortgage contracts has landed more than one consumer in trouble they didn’t anticipate and now it has spawned a classaction lawsuit against one of Canada’s largest banks.
Kieran Bridge, a Vancouverbased lawyer with the Construction Law Group, has filed a lawsuit against Canadian Imperial Bank of Commerce over what he describes as vague language over early payment of mortgages. The suit was filed in British Columbia and Ontario this month. Want to read more in depth on this article? Just click the link below.
B.C. Lawyer Tackles CIBC Over Mortgages – 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. ____________________________________________________
Alberta Boomers Most Likely To Expect A Mortgage – Free Retirement: TD
Filed Under Buying, Calgary News Articles, Calgary Real Estate, Calgary Real Estate News, Contributors, Selling · Tagged: Calgary Real Estate, Calgary Real Estate News
Calgary Real Estate News
CALGARY — Alberta boomers are the most likely in the country to expect a mortgage-free retirement, according to the 2011 TD Canada Trust Boomer Buyers Report released Wednesday.
The poll said 79 per cent of Alberta boomers expect to be mortgage-free in time for retirement and 62 per cent plan to stay in their current home.
When Alberta boomers do move, they’re most likely to say it is part of their retirement strategy (37 per cent). When they don’t move it is often because of their adult children.
The report also said 19 per cent of Albertans who are planning to downsize, but are delaying the move, say it is to accommodate their adult children. Thirteen per cent aren’t moving at all because they may have adult children living with them during retirement. Want to read more in depth on this article? Just click the link below.
Alberta Boomers Most Likely To Expect A Mortgage – Free Retirement: 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. ____________________________________________________
