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Stories Tagged - Housing Market
News
Aug. 03, 2012 | CREBNow
Momentum Builds
Housing starts in the Calgary Census Metropolitan Area (CMA) increased 65 per cent for the month of June 2012 compared to June 2011.
"The gain in new construction was attributed to higher starts for both single-detached and multi-family units," said a Housing Now report from the Canada Mortgage and Housing Corporation (CMHC).
"The gain in new construction was attributed to higher starts for both single-detached and multi-family units," said a Housing Now report from the Canada Mortgage and Housing Corporation (CMHC).
News
Aug. 02, 2012 | CREBNow
Bucking the Trend
There were 1,936 residential units sold in Calgary in July representing a 21.3 per cent increase over 2011, a testament to the fact the city continues to buck national housing sale trends.
"Recent mortgage rule changes prompted much discussion of a national housing correction," said Ann-Marie Lurie, CREB® economist.
"Recent mortgage rule changes prompted much discussion of a national housing correction," said Ann-Marie Lurie, CREB® economist.
News
July 18, 2012 | Cody Stuart
Alberta Housing Market to 'Buck National Trend'
With many economic prognosticators predicting doom and gloom for housing markets in Vancouver and Toronto, a report from TD Economics suggests the prairie provinces, namely Alberta and Saskatchewan, could see their housing markets continue to gain momentum.