Category: Real Estate

Canadian housing market just fine, thank you

| March 24, 2014 | 0 Comments
Canadian housing market just fine, thank you

Canadian housing market burbling along near 20-year average The Conference Board isn’t buying the notion that the Canadian housing market will suddenly crumble, saying the most likely outlook is for a modest decline nationally and in some specific markets. The Ottawa-based think-tank argues in a comprehensive new look at the Canadian housing market that the conditions […]

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Too soon to see Calgary flooding impact on housing sales, CREB says

| July 2, 2013 | 0 Comments
Too soon to see Calgary flooding impact on housing sales, CREB says

Impact of Calgary flooding on housing sales to be determined in coming months The Calgary Real Estate Board says while sales activity in June exceeded growth expectations, it’s too soon to see the impact of Calgary flooding on sales. City of Calgary monthly residential sales in June totaled 2,317, a six per cent increase over June 2012 […]

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Canadian housing market decline slows down

| May 18, 2013 | 2 Comments
Canadian housing market decline slows down

Canadian housing market show 0.6% growth The Canadian housing market has slowed its decline to 3.1 per cent year over year, with a 0.6 per cent increase in home sales last month, according to BMO Chief Economist Doug Porter, citing recent data from the Canadian Real Estate Association. Porter notes that since the implementation of new mortgage […]

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Calgary house price increases likely due to low inventory

| April 5, 2013 | 0 Comments
Calgary house price increases likely due to low inventory

Calgary house price increases likely, inventory of homes hits lowest level in 5 years The inventory of homes for sale in Calgary hit its lowest March level in five years last month, according to the Calgary Real Estate Board (CREB). The low listings are hampering sales growth, says the board. If the trend continues, house prices […]

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Calgary bedroom communities see robust growth and sales in real estate

| January 22, 2013 | 0 Comments
Calgary bedroom communities see robust growth and sales in real estate

Double digit growth in home sales for Calgary bedroom communities Beacon Staff Reporter Home sales growth in Calgary’s surrounding towns far outpaced the growth in the city of Calgary in 2012, ending last year up 21 per cent according to Towns Quarterly Report from CREB. “When we look back at 2012, we see stronger growth […]

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CREB and Calgary Regional Partnership launch new website

| January 11, 2013 | 1 Comment
CREB and Calgary Regional Partnership launch new website

New CREB website offers information on available properties in Calgary region Beacon Staff Reporter The Calgary Real Estate Board (CREB) and Calgary Regional Partnership have launched a new website to offer comprehensive information about the available commercial and industrial properties in the region. The new website promises to provide new insights to global investors and […]

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Rural Canadian housing starts down in Dec 2012, says CMHC

| January 9, 2013 | 0 Comments
Rural Canadian housing starts down in Dec 2012, says CMHC

CMHC also reports Calgary’s real estate market upbeat due to healthy economy Beacon Staff Reporter Housing starts in Canada were trending slightly down at 212,282 units in December 2012, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly Seasonally Adjusted Annual Rates (SAAR) of housing starts. […]

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Home owner grant threshold raised in B.C.

| January 3, 2013 | 0 Comments
Home owner grant threshold raised in B.C.

Home owner grant threshold raised increase in property value in 2012 The Home Owner Grant threshold in B.C. has been raised to $1.295 million this year to keep step with rising property values in the province. The increase will benefit over a million home owners. The grant is a provincial program that offers tax reduction […]

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Notice of assessment for Edmonton homeowners

| January 3, 2013 | 0 Comments
Notice of assessment for Edmonton homeowners

Alberta apartment vacancy rates move lower in most rental markets

| December 13, 2012 | 0 Comments
Alberta apartment vacancy rates move lower in most rental markets

Reduction in apartment vacancy rates due to strong economy and increased employment levels Beacon Staff Reporter The apartment vacancy rates in 12 of the 17 urban centres in Alberta declined to 2 per cent in October this year, compared to 3.4 per cent the previous year, according to October 2012 Rental Market Survey conducted by […]

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