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
Sep 8, 2011, Edmonton building-permit values enjoy gentle uptick While Alberta and Canada posted strong gains in the value of building permits in July, Edmonton saw a more modest boost.Statistics Canada said Thursday the value of construction intentions in the Edmonton census metropolitan area grew by one per cent to $359.7 million, compared to a year earlier. The city lagged … Read More
Sep 2, 2011, Acreage living appeals to Calgarians There’s something about living on an acreage that is becoming more appealing to Calgarians. Having land is an obvious reason. But so is the fact of moving away from the hustle and bustle of the city, which has become busier each year. The latest data from the Calgary Real Estate Board indicates … Read More
Aug 30, 2011, Calgary house prices expected to increase Short-term year-over-year house price growth in the Calgary region is expected to be in the five to seven per cent range, says the Conference Board of Canada. It is a forecast it has consistently predicted for the Calgary census metropolitan area for some time. In a report released Tuesday, the board … Read More
Jul 4, 2011, Calgary MLS sales soar in June Transactions up over 30% from a year ago Calgary’s residential real estate market experienced a significant upswing in sales in June compared with a year ago. Single-family MLS sales during the month were 1,398, up 32.01 per cent from June 2010’s 1,059 transactions, according to data released by the Calgary Real … Read More
Jun 13, 2011, Alberta recreational properties see price decline The stage is set for one of the best recreational property markets in years, says real estate firm RE/MAX in its latest report released Monday. Greater affordability, increased selection and pent-up demand are key factors this year, according to the 2011 RE/MAX Recreational Property Report, which examined sales and trends in … Read More
Jun 10, 2011, Calgary’s May building permits up 14 from last year The estimated construction value of building permit applications for May was up by 14 per cent compared with a year ago in Calgary. The City of Calgary reported Friday that permit applications reached $274 million for the month, up from $241 million in May 2010. But the total … Read More
May 31, 2011, Calgary house price growth forecast Calgary can expect five to seven per cent year-over-year house price growth in the short term, according to the Conference Board of Canada. In its Metro Resale Index, released Tuesday, the board said the average residential price in Calgary in April jumped to $407,900, up from $393,427 in March and from $395,468 … Read More
Apr 18, 2011, Goldman Sachs’ O’Neill lauds Canada By Boyd Erman – The Globe and Mail Jim O’Neill, chairman of Goldman Sachs Asset Management, was in Canada last week and the investor found himself with nothing but nice things to say about the country, calling it “especially well placed” to take advantage of global growth and a “role model” for … Read More