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 [...]
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 [...]
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 [...]
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. [...]
