Nov 7, 2011, Calgary house prices increase 126 in past decade Strong in-migration, population growth and a vibrant oil and gas sector have pushed Calgary average house prices to an increase of 126 per cent in the past decade, says a new report released Monday by Re/Max. The report said renovation spending and new construction have been “considerable” secondary factors … Read More
Oct 24, 2011, Calgary’s housing market balanced: Conference Board The Conference Board of Canada says Calgary’s housing market is currently under balanced conditions. In a report released Monday, the board said the seasonally-adjusted annual rate of resales in Calgary was 22,308 units in September, up from 20,040 units in September 2010. The annualized rate for new listings during the month … Read More
Oct 18, 2011, House prices, sales rise in September Calgary home prices rose along with sales in September, according to the Canadian Real Estate Association. CREA said Monday that MLS residential sales in Calgary reached 1,789 units in September, up 11 per cent from a year earlier. The average sale price rose by 1.3 per cent to $406,252 for the … Read More
Oct 18, 2011, Alberta boomers most likely to expect a mortgage-free retirement Alberta boomers are the most likely in the country to expect a mortgage-free retirement, according to the 2011 TD Canada Trust Boomer Buyers Report released Wednesday. The poll said 79 per cent of Alberta boomers expect to be mortgage-free in time for retirement and 62 per cent plan … Read More
Sep 27, 2011, Canadian real estate market an outperformer: Scotia Economics The renewed slowdown in global economic activity is putting further downward pressure on already-weak residential property markets across much of the developed world, according to the latest Global Real Estate Trends report released Tuesday by Scotia Economics. And while Canada’s hot housing market also has begun to cool, it … Read More
Sep 26, 2011, Calgary resale homes top 400,000 average The average price of resale homes in Calgary topped $400,000 in August, according to a report released Friday by the Conference Board of Canada. The board said all residential property sales in the city hit an average of $404,755 during the month, up from $391,497 a year ago. The seasonally-adjusted annualized … Read More
Sep 16, 2011, Calgary region housing starts set to rise: Conference Board of Canada The Calgary region’s home building industry is forecast to see a rise in activity. The Conference Board of Canada said Friday that short and long-term expectations for housing starts in the Calgary census metropolitan area were both positive. A year ago, the board said the seasonally-adjusted … Read More
Sep 15, 2011, Calgary MLS sales jump 22 in August MLS sales in Calgary rose by 22.1 per cent in August compared with a year ago — a greater year-over-year rate of growth than the rest of the country. The Canadian Real Estate Association said Thursday that Calgary recorded 1,907 MLS sales for all residential properties during the month for … Read More
Sep 8, 2011, Calgary region new home prices drop The Calgary region bucked a national trend for new home prices in July. Across the country, the New Housing Price Index, released by Statistics Canada on Thursday, rose during the month but it dropped in the Calgary census metropolitan area. The federal agency said new home prices fell by 0.5 per … Read More
Sep 8, 2011, Calgary building permit value shoots up The estimated construction value of building permit applications in Calgary in August jumped by 91 per cent compared with a year ago. The value in August was $426 million while it was $223 million in August 2010. The City of Calgary says building permits in August were also up 48 per … Read More