Calgary's trusted source of real estate news, advice and statistics since 1983.
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Feb. 13, 2014 |
Looking for Better Living Space? Find an Alberta Real Estate Agent
If there is proof that the Canadian real estate market is improving, look no further than Alberta. For the year 2012/2013, the province registered a demographic growth rate nearly three times higher than the national average as a result of sustained economic growth and job creation. According to the Calgary Herald:
News
Feb. 03, 2014 | CREBNow
Positive Start to The New Year
On the heels of a strong year of sales growth, January sales in the city of Calgary totaled 1,440 units, a 17 per cent increase over the previous year.
"Sales growth continues at the double digit pace seen over the later portion of 2013, mostly due to the gains in thecondominium sector," said CREB® chief economist Ann- Marie Lurie. "While these are the highest January sales levels since 2008, total sales transactions are in line with long-term trends."
"Sales growth continues at the double digit pace seen over the later portion of 2013, mostly due to the gains in thecondominium sector," said CREB® chief economist Ann- Marie Lurie. "While these are the highest January sales levels since 2008, total sales transactions are in line with long-term trends."
News
Feb. 13, 2014 | Cody Stuart
Olympic Legacy Still Shining Bright
Remember Eddie the Eagle? What about Elizabeth Manley or the Jamaican Bobsled Team? While memories may have faded since the 1988 Olympics, the lasting impact of the 15th Olympic Winter Games is obvious.
Thrusting Calgary into the global spotlight, the games helped the city evolve into the world class city we call home. In addition to actual Olympic venues that saw such events as "the Battle of the Brians", many areas of the city were established in the lead up to the games.
Thrusting Calgary into the global spotlight, the games helped the city evolve into the world class city we call home. In addition to actual Olympic venues that saw such events as "the Battle of the Brians", many areas of the city were established in the lead up to the games.
News
Feb. 13, 2014 | Cody Stuart
Winter Heating Up For Calgary Builders
Housing starts in the Calgary Census Metropolitan Area (CMA) increased by six per cent in January. According to Canada Mortgage and Housing Corporation (CMHC), builders broke ground on 1,328 homes in January, an 84.7 per cent increase from January 2013's 719 units.
"The trend in total housing starts moved higher in January due to increased production in both the single-detached and multi-family markets. The rising trend in housing starts has been supported by heightened net migration and job growth, as well as a decline in new home inventories," said Richard Cho, CMHC's Senior Market Analyst for Calgary.
"The trend in total housing starts moved higher in January due to increased production in both the single-detached and multi-family markets. The rising trend in housing starts has been supported by heightened net migration and job growth, as well as a decline in new home inventories," said Richard Cho, CMHC's Senior Market Analyst for Calgary.
