Calgary Real Estate News

OTTAWA — Canadian house prices dropped in November for the first time in nearly a year, according to the monthly Teranet-National Bank house price index released Wednesday.

The 0.2% drop followed two months of flat prices, and was the first decline in the index since a “brief correction during the three months ending November 2010,” said National Bank senior economist Marc Pinsonneault.

The national composite index, which tracks registered prices of homes sold at least twice, shows prices fell in eight of the 11 metropolitan markets tracked — one more than in October.

Calgary and Victoria stood out with declines of 1.6% and 0.9% respectively,” said Mr. Pinsonneault, noting the declines were much smaller in the other six markets, though declines in Toronto, Hamilton and Winnipeg “are noteworthy in that these three markets are considered tight.” Want to read more in depth on this article? Just click the link below.

Canadian Home Prices Slide For First Time in a Year – 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 Real Estate News

A condo in The River, a luxury residential development in Calgary, has sold for a record $8.3 million — the most expensive condo sale ever in the city. Take a look at the next five most expensive condos listed for sale on the MLS. Want to read more in depth on this article? Just click the link below.

Calgary’s Top 5 Priciest Condos for Sale – 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 Real Estate News

A discount realtor with an office in Calgary is offering quite a deal for emergency personnel buying or selling a home.

The company, 2% Realty, will list and sell homes free of charge to any employee of the fire and police departments, as well as emergency medical and military workers.

The company’s founder tells The Calgary Herald it’s a way to show their appreciation and support.

The offer is also available to first responders and military members in Edmonton and Vancouver. Want to read more in depth on this article? Just click the link below.

Real Estate Deals for Calgary’s Fire and Police Officers – 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 Real Estate News

With real estate being one of the top performing sectors in 2011 — the S&P/TSX Capped REIT index was up by 15%, or 24 percentage points above the return for the S&P/TSX composite — some have argued real estate won’t generate a repeat performance this year.

But Jeffrey Olin, a former real estate executive turned investment banker turned portfolio manager at Vision Capital Corp. isn’t in that camp. Mr. Olin, who co-oversees the three property funds that are home to about $100-million in assets, believes the fundamentals continue to be attractive.

“The prospect of low-long-term Japanese-style interest rates for the foreseeable future bodes extremely well,” said Mr. Olin, citing a 2.85% 10-year mortgage recently given to one of the country’s largest apartment rental companies. Want to read more in depth on this article? Just click the link below.

Real Estate May Do An Encore – 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 Real Estate News

Ron Chapman saw the big wind roaring towards Calgary an hour before it arrived and was able to warn city hall to prepare.

That’s one reason there were no serious injuries when recent 120 kilometres per hour wind gusts sent windows and other debris flying off downtown office towers.

Chapman, of world renowned wind experts RWDI, wishes he could have done the same thing for his hometown of Goderich, which was clobbered last August by 300 km/h winds that killed one man, injured 37 other residents and caused millions in property damage.

“Most of the homes on my old paper route were seriously damaged by that tornado,” said Chapman. Want to read more in depth on this article? Just click the link below.

How the Calgary Construction Industry is Improving Its Understanding of Wind – 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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