Calgary Home Prices Continue to Rise – July 9, 2013
Royal LePage announces the release of their House Price Survey and Market Survey Forecast, indicating that current low inventory and high demand are driving price increases across all housing types surveyed. Read More…
Come Hell Or High Water – Calgary Still Buoyant
Tomorrow, Canada’s major newspapers will report on Royal LePage’s vaunted House Price Survey and Market Survey Forecast of major Canadian residential resale markets.
Calgary Top 2012 Destination: U-Haul – Apr. 13, 2013
This small but telling information tidbit from U-Haul International Inc. underscores one of the key economic drivers that Calgary enjoys which all other Canadian cities covet – immigration. Read More…
Calgary’s Unofficial Bird Dominates Skyline – Apr. 2, 2013
In an article covering the current surge in multifamily construction, Altus Group’s Mathew Boukall says the biggest reason for the surge in development is we saw so little of it over the past four years. Read More…
Calgary Home Prices On Top – Mar. 16, 2013
Calgary Herald Business writer Mario Toneguzzi covers the Canadian Real Estate Association’s March release of national residential housing transaction statistics for February which indicate slower year over year transaction volumes in all markets (including Calgary) with Calgary leading the nation on sales price growth of 8%. Read More…
Can Calgary Real Estate Sustain Value and Growth?
Despite regular premonitions and warnings of negative market performance in Canadian real estate, the Calgary market has continued to march to its own rhythm
City an ‘Outperformer’ As Housing Flattens: TD – Mar. 12, 2013
TD Economics’ deputy chief economist, Derek Burketon is quoted by Mario Toneguzzi of the Calgary Herald in reference to TDE’s recent report citing Calgary as one of a few Canadian cities expected to outperform the Canadian housing market in terms of it long-run rate of return. Read More (Pt. 1) … Read […]
Home Building in Balance – Mar. 11, 2013
ATB Financial’s Senior Economist, Todd Hirsch, concludes in his daily economic comment that Alberta’s housing market is nicely balanced with no glut of new homes despite marked economic improvements since 2011. Read More…
Building Permits Off To Strong Start – Feb. 23, 2013
Calgary Herald Homes writer Claire Young reports on the City of Calgary’s comparative statistics for residential and non-residential building permit applications in the month of January. While the total number of permits increased by more than 14% and the value of those permits increased by for than 19%, January permits for multi-family housing eased somewhat. […]
House Hunters Turn To New For 2013 Buys – Feb. 16, 2013
Several prominent homebuilders in Calgary are quoted in Herald writer Josh Skapin’s article covering the decline in inventory of resale homes as a key driver for demand in new homes. Derek Squirell, EVP Corporate Development for Jayman Masterbuilt cites numerous conditions including “a solid economy, low inflation, interest rates…” which are contributing to the overall […]