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Stories Tagged - GST

Nick Medwid, who has been retired for more than a decade, recalled his time as CREB® president in 1991 was busy as many large Canadian companies moved their eastern-based headquarter out west that year. Photo by Michelle Hofer/For CREB®Now
News

Nov. 19, 2016 | Cailynn Klingbeil

55 Years of Calgary Real Estate: 1991 CREB® President Nick Medwid

Former CREB® president Nick Medwid said all eyes were on Calgary in 1991

Nick Medwid recalls Calgary's housing market in 1991 as a bit of a blur.

In the midst of a national downturn that year, all eyes turned to the city as several major companies uprooted their Canadian headquarters from out east and relocated to the heart of the new west.

Former CREB® president John Fraser, who calls Okotoks home, recalled the Calgary region's real estate market as one marked by a renewed sense of optimism following a decade of obstacles. Photo by Michelle Hofer/For CREB®Now
News

Aug. 08, 2016 | Cailynn Klingbeil

55 years of real estate: 1990 CREB® president John Fraser

Former CREB® president John Fraser recalled new sense of hope in 1990 after decade of challenges

A fresh start: that's how many viewed 1990, recalled then-CREB® president John Fraser.

"We had just come out of an extremely difficult period," he said, referencing a decade defined by the National Energy Program, soaring interest rates and growing unemployment in the province.

"In about the mid '80s, things started to improve. And by about 1990, if you can believe it, almost 10 years later, we were almost back to where we were in 1981 in terms of house prices."


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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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