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 — Calgary-based Boardwalk Real Estate Investment Trust reported Tuesday increases in total revenue, funds from operations, occupancy and average rents for its fiscal first quarter.
Boardwalk said total rental revenue of $108 million, for the three-month period ending March 31, was up 3.5 per cent compared with the first quarter of last year.
Funds from operations of $34.3 million was up 21.8 per cent while funds from operations per unit of 66 cents increased by 22.2 per cent.
Boardwalk said its occupancy rose to 98.04 per cent in the quarter from 96.87 per cent while the average monthly rent rose from $991 last year to $1,023.
“The overall market is into a more balanced state and has absorbed a great deal of excess inventory. So there’s balance between the amount of supply and the amount of demand,” said Sam Kolias, chairman and chief executive of Boardwalk. Want to read more in depth on this article? Just click the link below.
Boardwalk REIT Reports Increased Rental Revenue – 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. ____________________________________________________
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
OTTAWA — The Canadian government will act if needed to further tighten the mortgage insurance market, Finance Minister Jim Flaherty said on Tuesday.
Some analysts fear low interest rates are helping to fuel a possible bubble in the Canadian housing market. Speaking to the House of Commons Finance Committee, Flaherty noted that the Conservative government had clamped down on the market three times since July 2008.
“We will take further steps if necessary,” he said. Want to read more in depth on this article? Just click the link below.
Canada Ready to Tighten Mortgage Insurance Market - 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. ____________________________________________________
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 — Women are more likely than men to be first-time homebuyers among Canadians who plan to buy a home within the next two years, according to the 19th Annual RBC Homeownership Poll released Monday.
The poll said 49 per cent of women and 35 per cent of men plan to be first-time homebuyers.
“We are seeing more single women entering into the housing market, as income levels, changing demographics and lifestyle patterns shift purchasing habits,” said Marcia Moffat, head of home equity financing, RBC. “But women are being more cautious than men, weighing cost, affordability and job security before buying a home.”
Of the Canadians who have recently become first-time homebuyers, men and women were tied (47 per cent) in saying affordability was the biggest concern that prevented them from purchasing a home earlier. Want to read more in depth on this article? Just click the link below.
Women More Likely to be First-Time Homebuyers, Canadian Poll Finds – 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. ____________________________________________________
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 — City of Calgary building permit applications soared in April compared with last year.
On Tuesday, the city reported that the estimated construction value of permits was $608 million, up 75 per cent from the $347 million in April 2011.
Year-to-date, the total is $1.609 billion, which is down two per cent from $1.638 billion for the same period last year.
Construction value so far this year is up 23 per cent compared with the five-year average of $1.303 billion and up 33 per cent compared with the 10-year average of $1.210 billion.
“We are currently seeing healthy levels of activity in both the residential and non-residential sectors,” said Kevin Griffiths, chief building official for the city, in a statement. Want to read more in depth on this article? Just click the link below.
City of Calgary Building Permits Soar in April – 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. ____________________________________________________
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
The builders that helped Mahogany earn a Calgary region SAM (Sales and Marketing) Award are releasing a followup show home parade Saturday, May 12.
Mahogany is opening eight front garage show homes in its Lakeland Collection.
“We’re really excited,” says Erin McGregor, sales and marketing co-ordinator for Hopewell Residential Communities, which is developing of Mahogany.
The builders in this parade include Jayman MasterBuilt, Sabal Homes, Stepper Custom Homes and Trico Homes, which helped Hopewell earn a SAM Award for show home parade of the year.
Prices in the latest show home parade start in the $420,000s, with houses that range from 1,800 to 2,500 square feet on lots between 34- and 36-feet wide.
Show Homes to Open in Mahogany – Calgary Real Estate News
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. ____________________________________________________
