Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - conditions
News
March 22, 2021 | Geoff Geddes
Unearthing the unusual: Calgary home inspectors share their strangest finds
If you ever doubted the need for a home inspection prior to purchase, the unusual finds of some Calgary inspectors might be enough to convince you.
News
June 30, 2015 | Nolan Matthias
The real cost of your mortgage
Determining it may not be as simple as you think
Some would think a rate sheet would make mortgage-shopping process easy. All you have to do is scroll through the list and find the company with the lowest rate, right? After all, pretty much every mortgage is the same? All you need to do is find the best rate?
It's not quite that easy. Not all mortgages are created equal. Behind each of those rates is a set of terms and conditions that affect the price of the mortgage, quite often more than the interest rate itself.
Some would think a rate sheet would make mortgage-shopping process easy. All you have to do is scroll through the list and find the company with the lowest rate, right? After all, pretty much every mortgage is the same? All you need to do is find the best rate?It's not quite that easy. Not all mortgages are created equal. Behind each of those rates is a set of terms and conditions that affect the price of the mortgage, quite often more than the interest rate itself.
News
May 26, 2015 | Nolan Matthias
Mortgage misconceptions
Why interest rates are not the only consideration
The common misconception is all mortgages are created equal – the only piece you have to pay attention to is the interest rate.
That couldn't be further than the truth.
In fact, if you consider the mortgages of the five big bank – RBC, BMO, TD Canada Trust, Scotiabank and CIBC – the only commonality is the interest rate. The 20 or so pages that make up the rest of the mortgage document are completely different.
News
Aug. 01, 2014 | CREBNow
Market moves towards balanced conditions
Growth in new listings outpace sales growth in July, supporting double-digit inventory gains
Residential sales in Calgary this month totaled 2,336 units, a record level for July activity, according to CREB®'s latest stats.
However, year-over-year sales growth in the city slowed to 3.18 per cent.
Residential sales in Calgary this month totaled 2,336 units, a record level for July activity, according to CREB®'s latest stats.
However, year-over-year sales growth in the city slowed to 3.18 per cent.
