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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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CREB® Chief Economist Ann-Marie Lurie has posted the May 2013 Calgary Regional Housing Market Statistics Package.

June 5th, 2013
CREB® Chief Economist Ann-Marie Lurie has posted the May 2013 Calgary Regional Housing Market Statistics Package.

City home sales hold momentum.

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

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MORNING NEWS RUNDOWN

June 5th, 2013
Here is your Morning News Rundown for Monday June 3rd:

http://www.crebnow.com/morning-news-rundown-june-3-2013/?utm_source=dlvr.it&utm_medium=facebook

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Because it’s been Awhile Since We’ve Heard an American Comparison

May 31st, 2013
Ever since we all watched the housing market across the border crumble under complete collapse in 2008 we haven’t been able to keep ourselves from making our own comparisons. Are we as bad off as they were? Are we doomed to the same fate? And no matter how many times experts and analysts say that we are not like the States, still we disbelieve. Now, there’s another argument that’s here to per ...
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Condo demand stronger among older Canadians: BMO

May 31st, 2013
Think the condo market is a young man's game? Think again, a report from BMO says the demand among potential homebuyers for purchasing a condo is greater for Canadians over the age of 50.

http://www.bnn.ca/News/2013/5/30/Demand-for-condos-stronger-for-older-Canadians-BMO.aspx#.Uakm0ftV8Wg.facebook

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CMHC contracts business on cues from Ottawa

May 31st, 2013
Canada Mortgage and Housing Corp. (CMHC) is continuing to shrink its business, as the government seeks to reduce its exposure to the housing market.

http://www.bnn.ca/News/2013/5/30/CMHC-contracts-business-on-cues-from-Ottawa-.aspx#.UakmuAjYa6w.facebook

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B.C. rejects Northern Gateway as currently planned

May 31st, 2013

The British Columbia government is reiterating that it cannot support the controversial Northern Gateway pipeline in its current form.

http://www.bnn.ca/News/2013/5/31/BC-rejects-Northern-Gateway-as-currently-planned.aspx#.UakmBW7qF40.facebook


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Canadian economic growth gains steam

May 31st, 2013
The Canadian economy is showing signs of life, after posting lackluster growth in the back half of last year. The economy grew at an annualized pace of 2.5 percent in the first quarter, Statistics Canada said in Friday, its strongest rate of expansion in six quarters and comes after posting growth of just 0.9 percent in the fourth quarter of last year. Economists were expecting 2.3-percent ...

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Luxury priced at nearly $4 million

May 31st, 2013
As you lounge in the solarium overlooking the lake, drinking your cappuccino before taking a dip in the heated indoor pool, it would be easy to forget you are living in the winter city of Calgary. Sales of luxury homes priced at more than $2 million continue to grow in the Calgary region, but it is unlikely you will find many like this European-style custom build — a dream home built by its ...

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