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…

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…

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 […]