REALTORS® serving Calgary and area

June 25, 2012 | CREBNow

Morning News Rundown

What made headlines in Real Estate over the weekend? The Morning Rundown will give you a quick look at some of the top stories for Calgary, Alberta, Canada and North America. This weekend's top stories:
The Department of Finance, in concert with OSFI, released a buffet of mortgage rules Thursday. By our count, there are eight salient changes that, when combined, will have a measurable impact on housing.
Buying a first home of taking out a loan against an existing residence will be more difficult for Canadians under new rules announced Thursday, but Finance Minister Jim Flaherty says it's for their own good.
It's approaching the midway point of this year and with all the talk recently about the Canadian real estate market it's time to take a look at what's happened so far in Calgary.
The province in crafting a new urban drilling policy, Calgary Northeast MLA Sandra Jansen announced Sunday at a rally opposing a company's plan to extract oil within their community.
New U.S. Single-family home sales surged in May to a one-year high and prices rose from a year ago amid tightening supply, further signs the housing market was gaining some momentum.

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