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Stories Tagged - May

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News

May 15, 2019 | Donna Balzer

May in the garden: gardens in pots are great for owners and renters

Want to sell your house fast? Then add a little sizzle to your curb appeal, so potential buyers can see from the road how pretty your house is before they book a showing.

Sizzle is as simple as adding one or more fantastic flowerpots. Even an empty pot screams, "Hello, I have potential!"

Due to new taxes in B.C., more Albertans are expected to look within their own province for vacation properties during the rest of 2018.
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News

June 06, 2018 | CREBNow

Lending conditions weigh on housing demand

May sales activity continued to ease, with the largest declines occurring in the detached sector. Additional gains in new listings continued to increase inventory levels.

Citywide sales activity in May totalled 1,726 units, 19 per cent below last year's levels and 24 per cent below longer-term averages. Sales activity in the detached sector declined to levels not seen in over a decade.

"The impact of rising lending rates and stricter qualification levels is causing demand to ease across all product types," said CREB® chief economist Ann-Marie Lurie.

News

June 10, 2014 | CREBNow

CMHC releases May housing start numbers

Trend in total housing starts in Calgary declines in May

In a release from the Canada Mortgage and Housing Corporation (CMHC), housing starts in the Calgary Census Metropolitan Area were trending at 15,776 units in May compared to 17,239 in April. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.
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June 02, 2014 | CREBNow

May day

May sales activity highest ever recorded for Calgary

There were 2,948 sales in Calgary in May, a 16 per cent increase compared to the same time last year.

The numbers are the highest recorded in Calgary for that month, ever.

"Strong sales activity is a reflection of improving fundamental conditions such as a growing population, favourable lending rates and rising wages," said Ann-Marie Lurie, CREB's chief economist. "Leading up to May, resale market sales were somewhat restricted by a lack of choice. However, recent price gains have encouraged growth in new listings, helping meet some of the housing demand."


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