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Stories Tagged - Calgary Real Estate News
News
Nov. 07, 2012 | CREBNow
Exception to the Rule
Calgary and Alberta continue to be the exception to the rule when it comes to the Canadian housing market.
"Alberta and the rest of the country are clearly on different train tracks when it comes to the housing market," said ATB senior economist Todd Hirsch. "Back when Alberta's home prices were booming, the explanation was pretty straightforward: very high in-migration combined with strong wage growth and the introduction of 40-year mortgages."
"Alberta and the rest of the country are clearly on different train tracks when it comes to the housing market," said ATB senior economist Todd Hirsch. "Back when Alberta's home prices were booming, the explanation was pretty straightforward: very high in-migration combined with strong wage growth and the introduction of 40-year mortgages."
News
Nov. 05, 2012 | CREBNow
Is a Remediated Grow-Op Home Really Safe
Everyone would agree that growops are not a good thing for any neighbourhood. But from a REALTOR® perspective, it's even more of a conundrum. As a REALTOR®, we represent the buyer or the seller to the best of our ability using all of the resources to sell or buy that home. When it comes to grow-ops, we want to work with the seller to ensure the property is safe, but how do we really know?
News
Nov. 05, 2012 | CREBNow
Mandatory New Home Warranty Protection Introduced
Albertans purchasing a new place to call home will have warranty coverage for their purchase under new legislation proposed by the Alberta government.
Bill 5, the New Home Buyer Protection Act, was introduced in the legislature on Oct. 25. The Act requires builders to provide home warranty coverage for all new homes built in the province starting in fall 2013.
Bill 5, the New Home Buyer Protection Act, was introduced in the legislature on Oct. 25. The Act requires builders to provide home warranty coverage for all new homes built in the province starting in fall 2013.
News
Nov. 01, 2012 | Cody Stuart
Secondary Suite Questions Remain
A recent pilot project from City Hall has once again cast a spotlight on the hotly contested issue of secondary suites in Calgary. One of Mayor Naheed Nenshi's major talking points during his 2010 campaign, the citywide legalization of secondary suites, remains an unrealized goal as the Mayor comes to the end of his term.
Although city council agreed in April to allow the suites in all new neighbourhoods, it's unlikely such a move will make much of a dent in Calgary's hot rental market.
Although city council agreed in April to allow the suites in all new neighbourhoods, it's unlikely such a move will make much of a dent in Calgary's hot rental market.
News
Nov. 01, 2012 | Cody Stuart
Prairie Prosperity
With economic growth and job creation supporting housing demand in the province, Canada Mortgage and Housing Corporation (CMHC) is predicting more good news for Alberta's housing market.
According to CMHC's third quarter 2012 Housing Market Outlook, sales, prices and starts are in the province are all predicted to increase over the next year.
According to CMHC's third quarter 2012 Housing Market Outlook, sales, prices and starts are in the province are all predicted to increase over the next year.
News
Oct. 29, 2012 | CREBNow
Whatchya Drinkin'?
With the release of the Canadian Infrastructure Report Card, drinking water was the class troublemaker receiving the poorest ranking.
The report card assesses the condition of infrastructure in four categories: drinking water, wastewater, storm water and municipal roads.
The report card assesses the condition of infrastructure in four categories: drinking water, wastewater, storm water and municipal roads.
News
Oct. 26, 2012 | CREBNow
Haunted Calgary: Outbreak
Since 1987, the Campbell family in the Calgary community of Rocky Ridge has been transforming their home into a veritable cornucopia of Halloween scares while raising money for a good cause.
"It started just as a way to keep kids entertained on the street and then within the first couple years I was known at the school as a witch," said Myrna Campbell laughing. "Every year it grows bigger and bigger and more and more. More elaborate, more details."
"It started just as a way to keep kids entertained on the street and then within the first couple years I was known at the school as a witch," said Myrna Campbell laughing. "Every year it grows bigger and bigger and more and more. More elaborate, more details."
News
Oct. 26, 2012 | Cody Stuart
46% of Canadians Intend to Buy Property
In a Housing Confidence report released by BMO, 46 per cent of Canadian homeowners intend to buy a property in the next five years.
The intentions signal a high level of confidence in the Canadian housing market. An increase in process how-ever, could change the minds of potential buyers.
The intentions signal a high level of confidence in the Canadian housing market. An increase in process how-ever, could change the minds of potential buyers.
News
Oct. 24, 2012 | Cody Stuart
Calgary Condo Market Thriving
Condos continue to be a big draw for Calgary buyers. According to the latest numbers from CREB®, Resale totals for condo apartments grew to 276 deals last month, up 17 per cent from 236 last year, with sales in both apartment and townhouse condos increasing last month compared to the same time in 2011.
Demand for condos in the Calgary market comes in stark contrast to Toronto, where condo sales plunged 20.5 per cent in the third quarter of the year, despite a 6.5 per cent rise in new listings.
Demand for condos in the Calgary market comes in stark contrast to Toronto, where condo sales plunged 20.5 per cent in the third quarter of the year, despite a 6.5 per cent rise in new listings.
News
Oct. 24, 2012 | CREBNow
SpookyYYC
Calgary is not really known for its old architecture, but in some homes, it appears residents of old just won't leave.
While in the scheme of things Calgary is a fairly young city, it has no shortage of haunted sightings. At Heritage Park alone, nearly all of the buildings have been relocated to the park, and in a lot of them, their former residents have stayed on.
While in the scheme of things Calgary is a fairly young city, it has no shortage of haunted sightings. At Heritage Park alone, nearly all of the buildings have been relocated to the park, and in a lot of them, their former residents have stayed on.












