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News
Jan. 09, 2015 | CREBNow
By the numbers: YYC tax assessment
Earlier this month the City of Calgary mailed out more than half a million property and business assessment notices marking the beginning of a 60-day customer review period - here's a breakdown of some of the numbers.
03/06: Changes to 2015 assessments can only be made if received during the customer review period running until March 6.
$475,000: The 2015 median single residential assessment is $475,000 compared to $430,000 in 2014
03/06: Changes to 2015 assessments can only be made if received during the customer review period running until March 6.
$475,000: The 2015 median single residential assessment is $475,000 compared to $430,000 in 2014
News
Jan. 09, 2015 | CREBNow
Canadian starts down in December 2014
The Canada Mortgage and Housing Corp. (CMHC) reported the trend measure of housing starts in Canada was down from November to December 2014.
In December there were 192, 047 starts compared to 194,807 in November.
"The modest decline in the trend in December reflected lower levels of both multiple and single-detached starts," said Bob Dugan, CMHC's chief economist. "Overall, activity in 2014 continued to be supported by employment growth and migration with starts remaining essentially unchanged at 189,401 compared to 187,923 in 2013, These factors are expected to continue to promote stability in the pace of new home construction during 2015."
In December there were 192, 047 starts compared to 194,807 in November.
"The modest decline in the trend in December reflected lower levels of both multiple and single-detached starts," said Bob Dugan, CMHC's chief economist. "Overall, activity in 2014 continued to be supported by employment growth and migration with starts remaining essentially unchanged at 189,401 compared to 187,923 in 2013, These factors are expected to continue to promote stability in the pace of new home construction during 2015."
News
Jan. 07, 2015 | CREBNow
How to: Show your home in winter
Tis the season they say – the season for snow.
In 2013, more than 75 per cent of respondents to a Royal LePage survey said inclement weather had at least some impact on housing market activity. And, given the fact Calgarians will be seeing plenty of it before spring makes a welcome appearance, now might be a good time to review some helpful tips on how to make the best of the winter season when it comes to putting your home on the market.
In 2013, more than 75 per cent of respondents to a Royal LePage survey said inclement weather had at least some impact on housing market activity. And, given the fact Calgarians will be seeing plenty of it before spring makes a welcome appearance, now might be a good time to review some helpful tips on how to make the best of the winter season when it comes to putting your home on the market.
News
Jan. 06, 2015 | CREBNow
In photos: Summer city
It's a snowy start to the New Year in Calgary.
As the snowflakes fall today, we at CREBNow thought we'd share a few images from summer in the city to warm you up on this chilly day.
As the snowflakes fall today, we at CREBNow thought we'd share a few images from summer in the city to warm you up on this chilly day.
News
Jan. 05, 2015 | CREBNow
2015 assessment notices mailed
It's a busy mail day for the City of Calgary as they're mailing more than half a million property and business assessment notices.
Today also marks the start of a 60-day customer review period.
"We are committed to delivering fair and equitable assessments and encourage all property and business owners to carefully review their assessment and contact us during the customer review period if you have any questions of concerns," said Nelson Karpa, director and assessor with the City.
Today also marks the start of a 60-day customer review period.
"We are committed to delivering fair and equitable assessments and encourage all property and business owners to carefully review their assessment and contact us during the customer review period if you have any questions of concerns," said Nelson Karpa, director and assessor with the City.
News
Jan. 05, 2015 | CREBNow
Condo and townhouse sales set new record for 2014
Yearly records set as monthly sales see slight decline
It was a record setting year for Calgary's condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-year residential sales declines of 7.5 per cent in December.
Single family sales totaled 708 units in December, a year-over-year decline of 8.3 per cent. Meanwhile, total condominium sales also declined by six per cent over the same time frame, but overall activity remained consistent with long-term averages.
It was a record setting year for Calgary's condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-year residential sales declines of 7.5 per cent in December.
Single family sales totaled 708 units in December, a year-over-year decline of 8.3 per cent. Meanwhile, total condominium sales also declined by six per cent over the same time frame, but overall activity remained consistent with long-term averages.









