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New home market gets resale boost

June 11th, 2013

City homebuilders say they’re seeing an increase in interest in new homes among house hunters this year.

One reason for the upswing has been an ease in resale home listings, says Mike Selinger, vice-president of sales and marketing for Cardel Homes.

http://www.househunting.ca/calgary/real-estate/home+market+gets+resale+boost/8490646/story.html

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Sellers' market for resale

June 11th, 2013
Resale housing continued to be a sellers’ market in May, numbers from Calgary Real Estate Board show

http://www.househunting.ca/calgary/real-estate/Sellers+market+resale/8493822/story.html

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Did You Know The benchmark price for single family homes in Calgary for the month of May 2013 was $456,900?

June 11th, 2013
Did You Know The benchmark price for single family homes in Calgary for the month of May 2013 was $456,900?

http://www.creb.com/public/documents/statistics/2013/package/res-stats-2013%20May.pdf

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Alberta - Travel Alberta (remember to breathe)

June 7th, 2013
Alberta - Travel Alberta (remember to breathe)

http://www.youtube.com/watch?v=ThFCg0tBDck&feature=youtu.be

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Mortgage Rules Help Fuel Rent Hikes

June 7th, 2013
Mortgage Rules Help Fuel Rent Hikes Young adults have to live somewhere. And when they outgrow their parents' house and join the workforce, the choices are typically to rent or buy. But for many first-time buyers, the choices narrowed last July. That’s when Ottawa reduced the maximum allowable amortization and gross debt service ratio on insured mortgages. This immediately made it harder fo ...

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Flipping houses could make you the most susceptible should mortgage rules change

June 7th, 2013
Flipping houses could make you the most susceptible should mortgage rules change. Just this morning we looked at the proposed changes to mortgages in Canada that the OSFI is considering making. The changes dictate that all mortgages in the country, not just those without a full down payment, will be restricted to a 25 year amortization cap. While some think this is going to be a move that ben ...
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New Condos Lifestyles condo listings

June 7th, 2013

New Condos Lifestyles condo listings



http://www.calgaryherald.com/homes/Condos+Lifestyles+condo+listings/5901684/story.html

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May 2013 Calgary Regional Housing Market Statistics Package.

June 7th, 2013
May 2013 Calgary Regional Housing Market Statistics Package. Calgary, June 3, 2013 – City of Calgary residential monthly  sales improved over the previous year, mostly driven by  increased demand in the condominium market. Sales activity in all categories totalled 2,544 units for the  month, a seven per cent increase over May 2012 figures. “We’re back to normal levels of activity,” said ...
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Smoking in Your Home? It will Make it Harder to Sell!

June 5th, 2013
Smoking in Your Home? It will Make it Harder to Sell! Recently we linked to an article on the Everyday Money blog that stated that smokers who smoke in their homes are likely to sacrifice up to 23 per cent of their home’s value when it comes time to sell. The reason? Smoking has become a faux pas in today’s society, and it’s something that few people want anything to do with. And even fewer ...
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Housing slowdown to be felt most in big cities: TD

June 5th, 2013
Home prices in Canada are headed for the much talked about "soft landing", while the pace of new homes being built will slip back to its long-term average after years of booming construction and soaring home values, according to a new report from economists at TD.http://www.bnn.ca/News/2013/6/4/Housing-slowdown-to-be-felt-most-in-big-cities-TD.aspx#.Ua8wh6zxt8Y.facebookhttps://www.facebook.co ...
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