Entries Tagged as 'Calgary Real Estate News' for 2011


The most up-to-date real estate news from Calgary, Alberta and Canada can be only be found on the best place for housing market updates: CalgaryRealEstate.ca!

Bank of America: Canadian Housing Overvalued!

Home prices will probably drop by 5 per cent in the first half of 2012 as a result of a weakening economy, said economists at Bank of America.

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Mortgage Rates – The Last Week of 2011

The lowest fixed mortgage rate for one year has slightly increased. Other rates remained stable.

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Investment Tip Of The Week – 327 Madeira Close NE

With three bedrooms & two bathrooms, the $237,000 price tag for this 1974 house makes it an interesting target for real estate bargain hunters.

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Increasing Income Inequality: Side-Effect of Fight against Crises?

Increasing income inequality isn’t unique for Canada, as 71 per cent of the world’s population live in countries where this trend is common.

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Mortgage Rates – 50th Week of 2011

Continued low interest rates will offset weakening global economic growth in 2012 and will help Canada’s economy to avoid recession.

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Did the US Government Cause the Subprime Crisis?

Robert Avery and Kenneth Brevoort investigated the role of Community Reinvestment Act and Government-Sponsored Enterprise in subprime crisis.

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Household Debt in Canada: Increasing, But Not So Worrying

How serious is the debt situation in Canada? Do national central bank and economists really have reason to be worried?

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Calgary Real Estate Market In November

Average price for Calgary homes remained unchanged and Calgary condos dropped compared to the previous month and November 2010.

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Calgary: Own Housing Bubble or Bright Prospects?

Calgary was called a “hot growth mecca” by a PwC real estate report and it has seen strong expansion in recent years. Is it just a beginning?

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Investment Tip Of The Week – Calgary-D-McKenzie Towne

This is an ideal property for potential first-time buyers who are tired of renting, or for small investors.

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Who Rules the World?

The idea that the world is controlled by a small group of powerful corporations isn’t new.

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Canada’s Natural Resources – Energy

Canada, as a net exporter of energy and the world’s sixth largest energy producer, plays an important role in the global market.

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Facing and Buying Foreclosures in Canada

Experts believe the number of foreclosures has increased as a result of worsening economic performance after the crisis.

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Canada’s Natural Resources – Minerals and Metals

Although mining has been conducted in Canada since the 17th century, the remarkably rapid development of the industry started at the end of WWI.

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Investment Tip Of The Week – Apartment Building For Sale

Small apartment buildings are probably the most suitable investment properties for small-scale investors or rookies.

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Canada’s Market Most Stable in North America

PwC and the Urban Land Institute surveyed over 950 industry experts from North America providing an outlook on real estate trends.

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Canada’s Natural Resources – Forests

Canada’s forests play an important role in its economy and its international image, amounting to 1.8 per cent of the GDP in 2009.

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Calgary Real Estate Market Report October 2011

In October 2011, Calgary Realtors reported 1,357 sales, up 14% from October ’10. Y-to-date sales, at 16,191, were up 8% compared to the first ten months of 2010.

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Investment Tip Of The Week – 1212 24 Street NW

This 1954 bungalow offers a great opportunity to establish your own dream house while living close to the city core.

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Chinese (Economic) Myths and Reality

Chinese investments from 2005 to 2010 in Canada amounted to $10,800 million, according to Heritage’s research.

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Searching for Housing Bubble Causes: When Did It Really Begin?

Professors of Wharton School generated important findings that aren’t in perfect accordance with current assumptions about housing boom causes.

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Europe Today: Background of Political Measures vs. Angry Public

Why are European leaders so fond of saving indebted countries at any cost, and how does it influence ordinary people?

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The Most Expensive House In Alberta

If you would like to boast the most expensive house in the whole of Alberta, you need to head north from Calgary — to Edmonton.

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Investment Tip Of The Week – 23 Harvest Park WY NE

Grow ops often represent a great investment opportunity for investors, who are not lacking some trade skills.

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Investment Tip Of The Week – 131 Ranchero Place NW

Foreclosed homes are often a good target for property investors, and 131 Ranchero Place in Ranchlands is no exception.

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Canada’s Economic Outlook: Slowdown Unavoidable

Although Canada can be proud of its healthy banking system and development, it is still a country with close ties to the international markets.

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Housing Markets in PIIGS: Spain

The housing market in Spain is devastated. At the beginning of the 2000s, Spaniards enjoyed a great improvement in the housing market…

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David Tsegai And CalgaryRealEstate.ca Are Now On OurFaves.ca!

Yes, it’s true: our favourite Calgary Broker, REALTOR® is now on OurFaves.ca, one of the fastest-growing business review sites in the country

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Canada’s Tops – Best for Business, Best Banking and More

Canada received great ratings in various economic studies, including the last Forbes list of the best countries for business.

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The Housing Market in Greece: Desperate Hope

Talking about Greece means talking about the first country to bail out in the Eurozone and the one with the highest government debt in Europe.

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Investment Tip Of The Week – 68 Pantego Heights NW

The property is aggressively priced at $329,900, and even with expected reconstruction costs reaching $50,000, you are below the average price for this kind of home.

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Ireland: The Rise and Fall of the Celtic Tiger

The property bubble boomed and the Irish banks found themselves in deep crisis. Ireland’s progress was as overwhelming as its fall.

Posted in Calgary Real Estate News | 1 Comment

History of Money: Yesterday, Today and Tomorrow

Modern money has become an inseparable part of our world, but the way we create and destroy it nowadays is much different than in the past.

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Portugal: Rent Control, Rising Deficit, and Unpopular Measures

It is predicted that Portugal won’t recover until 2012 due to its high deficit and several ineffective and unpopular measures.

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Investment Tip Of The Week — 320 Evanston View NW

Searching for three bedrooms, two bathrooms, and 1,830 square feet of space for less than $370,000? Look no further!

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Canada’s Competitiveness Grew But Not Enough

Canada fell from tenth to twelfth place in the list of most competitive economies in the world, according to the Global Competitiveness Report.

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Canadians’ Market Income Dropped, Inequality Increased in 2009

Report released by StatCan showed that the median market income fell in 2009, resulting in the first significant drop since the early 1990s.

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Italy: Too Big to Fail, Too Big to Bail

Italian real estate stock is still weak, but it doesn’t suffer as much as the other sectors of Italian economy touched by the tough measures.

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Alberta’s Housing Affordability Best in the Country

According to RBC’s latest report, Alberta is the most affordable province in Canada when it comes to real estate.

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Investment Tip Of The Week – 100 Panamount Manor

Here’s another great property investment option under $400,000 in North West Calgary. This 2006, three-storey, detached family house is a blank sheet of paper

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Canadians Be Careful When Buying US Houses

Canadians are the largest non-American buyers of US real estate today. Low prices make US property very attractive.

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Investment Tip Of The Week – 113 Martha’s Haven Green NE

Its floor space of more than 1800 square feet offers a total of five bedrooms with hardwood floors and a huge bonus room in the upper level.

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Prospects of the Housing Market in Alberta and Calgary

Calgary’s latest housing statistics aren’t much cause for joy. Is it only a short-term phenomenon caused by economic turmoil in the world?

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Canada Today: Safe Haven or Another Economy in Danger?

What is the secret behind Canada’s success? And what could threaten Canada’s economy in the future?

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Calgary Realtor David Tsegai Featured in Business in Calgary

In the September 2011 edition, our David Tsegai was asked to provide an expert’s overview of the current state of the housing market in Calgary.

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Investment Tip Of The Week – 28 Radcliffe Bay SE

While it just looks ordinary at first sight, the experienced eye of a property investor would see it for what is is: a hidden gem.

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Housing in the US: Not Rising From the Ashes

Americans are more careful, and they don’t rush into buying their own house. Now, renting is cheaper and gives them time to wait.

Posted in Calgary Real Estate News | 1 Comment

Calgary Real Estate Report August 2011

For the third consecutive months, the year over year monthly sales has increased by double digits.

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Reverse Mortgages Are Becoming Popular

Reverse mortgage are different than traditional mortgages in several ways, and as everything new and different, they arouse suspicion.

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The Most Expensive House in Calgary

Would you like to fulfill your dream about the ultimate home? No problem; the most expensive home in Calgary is for sale and can be yours.

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Crisis Here, Crisis There… – Europe’s Story Continues

The financial crisis in Europe has put the Euro in serious danger. Greece, Spain, and Italy are now the most threatened countries.

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Baby Boomers In Debt

Almost 50 per cent of Canada’s Baby Boomers are still paying their mortgage, says a poll from the Canadian Imperial Bank of Commerce.

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Investment Tip Of The Week – 5832 Dalridge Hill NW

This spacious bi-level in a family neighbourhood is priced to sell! For $389,900 you get four bedrooms, living room, dining room and recreational room

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Crisis Here, Crisis There… – The Story in Europe

Europe has to face problems as serious as the US and phrase “return of the recession” is more and more frequently heard.

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The Power of Rating Agencies

Why is the decision of one firm, a rating agency, so important? Do we need such agencies? And how do they determine their ratings?

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Crisis Here, Crisis There… – The US Story

Almost no one predicted the US recession before it came, but now, this won’t happen again. Specialists predict every (im)possible disaster.

Posted in Calgary Real Estate News | 1 Comment

Investment Tip Of The Week – 10 Somerset Court SW

10 Somerset Court is located in a quiet cul-de-sac, has a yard backing onto the greenbelt and it takes 2 minute walk to reach a school and water park.

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What’s New in Calgary Real Estate Market

Although analysts are skeptical about Canada’s housing market, most agree that Calgary’s prospects aren’t unfavourable.

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Investment Tip Of The Week – 4627 Marlborough Drive NE

This detached single family in Marlborough Drive has four bedroom, living room and den, and spacious kitchen with dining room.

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How Long Can the Condo Boom Last?

The condominium boom is a part of the Canadian real estate sector that has supported the recovery of the national economy.

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Calgary Real Estate Report July 2011

The single family market recorded 1,153 sales in the month of July 2011. This is an increase of 26 per cent when compared to July 2010.

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US Debt – What? Why? And What If…?

Despite economist’s warnings about far-reaching consequences, US legislators still haven’t reached an agreement about how to proceed.

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Canadian Housing Bubble About to Burst?

Has Canada really prevented the negative effects of its housing bubble, or has the day of reckoning only been postponed?

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Investment Tip Of The Week – 27 Castleridge Drive

This three bedroom property is the best buy on Calgary MLS, at the moment. Great handyman special that has no condo fees and has huge upside potential.

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Extended Amortization for the Win

There is the option of so-called extended amortization with which you can spread your mortgage out across as many as 40 years in Canada.

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Look Back: Calgary Stampede 2011

1,174,697 visitors, including Prince William and his new bride, Kate, left the Stampede believing that it deserves its reputation.

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Investment Tip Of The Week – 3401 5 Street NE

Well maintained quality Side by Side duplex in Winston Heights/Mountview – which is probably the lowest priced 4 suites duplex in North Calgary.

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New Neighbourhood Profile – Hanson Ranch

I am introducing a new neighbourhood in the Calgary Neighbourhoods Guide. Western style Hanson Ranch Neighbourhood offers mainly single-family detached homes.

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Introduction to Housing Bubble Problem

What does the term really mean? What could happen when it really bursts? And why don’t we prevent it? Let’s go over some housing bubble basics.

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Analysis on Current Canadian Inflation

Consumer prices increase was well above all 24 forecasts in a Bloomberg survey of economists and far above the Bank of Canada’s target.

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The Internet – Useful Tool for Homebuyers

Since the World Wide Web was created, the Internet has been changing our lives and the whole of society. What can the Internet offer homebuyers?

Posted in Calgary Real Estate News | 1 Comment

Investment Tip Of The Week – 118 – 20 Dover Point SE

Great investment with little capital needed. Considering the asking price, it has more than solid 8.54% Rate of Return for initial investment!

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Economies of Canadian Provinces

Which province has the strongest economy? Which of them has the highest prices? And what about their housing markets?

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Staging Services: Wishes

You won’t wow anybody with a house that merely functions. Instead, the house or condo that you’re selling has to have the looks, too!

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Calgary Real Estate Report June 2011

Calgary’s housing market continues at a healthy and balanced pace. The number of single family homes and condos sold in June 2011 were both up 30%.

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The Calgary Stampede is Here!

“The Greatest Outdoor Show on Earth” traditionally attracts more than a million guests, but this year two of them will be special.

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Analysis on Canadian Banking

A financial system can’t work without banks. We use bank services every day, and probably we can’t imagine life without them.

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Calgary Real Estate Open to Clients

How are we doing? We would like to hear from you, dear client, and learn what you think about our real estate practice.

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Investment tip Of The Week – 107 Shawbrooke Crescent SW

This 1993 detached house represents a great bargain for a family searching for a house with everything a dreamhouse should have for a great price

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New Construction in Alberta: Keeping the City Up to Date

Alberta is a dynamic province with wonderful potential. The city of Calgary is booming and it is fulfilling its role as an economic hub.

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Analysis on Canadian Taxation: Too Complex?

We pay taxes everyday — when we’re eating in restaurants, when we’re shopping, and even when we’re travelling.

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Will the Housing Market Drive the US Economy?

After Harvard University released its State of the Nation’s Housing Report, economists sparked hot discussions about the future of the US economy.

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Investment Tip Of The Week – 6750 BOW Crescent NW

Our weekly investment tip property lies in one of the most beautiful areas of Calgary — a beautiful large lot backing right onto the Bow River.

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Analysis on Canadian Import

What are its advantages? Which countries import to Canada the most? And what are the Canadian import regulations?

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Canada – US Trade Relations: Still Stark

About 300,000 people cross the shared border daily, and about $1.5 billion is traded in goods daily. What are the differences between them?

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Investment Tip of the Week – 660 Malvern Drive NE

660 Malvern Drive NE in Marlborough Park is a great starter property for its price. The 1977 single detached raised bungalow offers 1200 sq.ft.

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US Housing Market Recovery – No Miracles!

Harvard University released its annual State of the Nation’s Housing Report showing that the housing market hasn’t played its role.

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Analysis on Export in Canada

Exportation is one of the most important macroeconomic factors in Canada. In 2009, exportation accounted for approximately 30% of Canada’s GDP.

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Investment Tip Of The Week – 110 Aspen Ridge PL SW

This part of our Investment Tip series aims toward investors with higher available capital. We introduce to you a luxury West Coast estate.

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Analysis on (Un)Employment in Canada

The most popular indicators of labour market conditions are rates measuring unemployment and employment; used in every type of economic media.

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May’s Highlights

May is over and we bring an overview of the most important events that happened over the last thirty one days.

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Investment Tip Of The Week – 17 Sherwood View NW

This house on 17 Sherwood View NW is a bit special. It requires a skilled handyman or an investor, since it’s a former marijuana grow-op.

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Analysis on Canadian Interest Rates

An interest rate is the rate that is charged or paid for the use of money. Interest rates are usually expressed as a percentage of the principal.

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Healthy Labour Market? Be Patient!

At the beginning of this month, Statistics Canada announced an unexpected unemployment decline. Economists’ comments were optimistic.

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Energy Companies Cut Production Due to Fires

Fires around Slave Lake threaten not only Alberta’s environment but also its economy. Oil companies cut their operations Monday, and on Tuesday.

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National Home Sales Up and Home Prices Down in April

Sales activity decreased by 14.7% from April 2010, and the national average home price was $372,544 in April 2011 — a year-to-year growth of 8%.

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Alberta’s GDP Growth to be the Second Highest in 2012

RBC expects Alberta’s GDP to grow by 3.8% in 2012, following Saskatchewan’s growth of 4.3% after Statistics Canada revised its estimates.

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Alberta’s MLS Sales Growth Expected to Rocket in 2012

According to the forecast released by Canadian Real Estate Association (CREB), Alberta’s MLS sales will grow the most in the country next year.

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Investment Tip Of The Week – Cardel Lifestyles Panorama West Condos

Cardel Lifestyles Panorama West Condominiums, one of the hottest picks in its category in the whole of Calgary.

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High Gas Prices Expected

GasBuddy.com predicted that gas prices will reach $1.40 per litre this summer. How will it affect our living?

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Job Prospects in Alberta and Calgary

Alberta’s employment statistics indicate a weakening of the labour market, but in Calgary the unemployment rate shows favourable numbers.

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April 2011 Housing Starts

Housing starts in Canada have declined in April 2011. The seasonally adjusted annual rate of housing starts calculated by CMHC was 179,000 units.

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Canada’s Employment Better Than Expected

Canada’s gain of 58,000 new jobs in April surpassed all expectations. The unemployment rate dropped by 0.1% to 7.6%.

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Early Planning Agreements: Read Them Well!

The Alberta government advises potential condo buyers to read early planning agreements thoroughly before signing and handing over non-refundable deposits.

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Higher Producer Prices: Oil to Blame

Industrial products and the raw materials used to manufacture these products grew more than expected in March.

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Canadian Tax System Too Complex

According to a BMO Tax Season Study, the majority of Canadians are looking for a more simplified tax system that reduces capital gains.

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Investment in Calgary Commercial Real Estate Grows Modestly

According to a report released by RealNet Canada Inc., Calgary commercial real estate investment remains down from its last peak and shows only modest growth.

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Energy – the Driver of Calgary Economics

Calgary has benefitted from international energy investment from its early days. Today, the energy sector plays the most important role in Calgary.

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Calgary Real Estate Report April 2011

The first three months of 2011 have been exceptionally strong with record high sales, but a balancing period followed, with lower level of sales.

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Office Market Occupied at Levels Above 2008

Calgary office occupancy was high; all ‘AA’ through ‘C’ class office space categories showed positive momentum in the first quarter of 2011.

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Canadians Spend 41% of Annual Income on Taxes

Canadian families paid more on taxes than on food, clothing, and shelter combined in 2010, reports a new study released by the Fraser Institute.

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Investment Tip of the Week: 246 Panatella GR NW

Get a million-dollar house for under a million! This gorgeous Arcuri built, custom, detached single-family house offers close to 2900 square feet of floor.

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Canadian Main Economic Stats up to March 2011

Let’s look at how Canada’s economy is developing in its main components. The latest data about the Canadian GDP is from January 2011.

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Export Suffering by Strong Canadian Dollar

Strong currency affects exporters, causing losses in competitiveness on international markets. The Canadian dollar hit a 3.5-year high recently.

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A New Suburban Levy Deal in Calgary?

New home prices in Calgary may grow by about $8,000 because of an agreement that would make developers carry more of the cost of building new suburbs.

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Canadian Dollar in the Past and in the Present

The predecessor of the Canadian dollar was the Canadian pound, equal to 4 US dollars and 92.88 grains gold.

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Jobs in Canada: Positive Prospects

According to a report released by the Conference Board of Canada on April 19th, the economy created over 80,000 jobs in the first quarter of this year.

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Investment Tip Of The Week – 125 Panatella Court NW, Panorama Hills

This week’s real estate investment tip is trying to grab your attention with its supreme location. It is located in the very popular Panorama Hills.

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Housing Market Getting Stable

The housing release for March by the Canadian Real Estate Association indicates that the Canadian housing market is transitioning into a more stable state.

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Future Oil Shortage Likely To Change Society

As the planet runs out of oil, Canada could be trapped in a violent spiral of decline in the economy and the environment, according to the Calgary Herald.

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Consumer Price Index in Canada

The Consumer Price Index (CPI) is usually considered a measure of the cost of living. It is one of major economic indicators and a tool to calculate inflation.

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Housing starts – Canada up, Alberta down

According to the Canada Mortgage and Housing Corporation (CMHC), the annual rate of Canadian housing starts was 188,800 units in March.

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Calgary’s Industrial Real Estate Market Prospers

Positive momentum in the Calgary industrial real estate market continued into the first quarter of this year following a strong finish in 2010.

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Alberta’s Housing Market Forecast

Housing starts will moderate in all areas of Canada except British Columbia and Alberta, according to the Canada Mortgage and Housing Corporation (CMHC).

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Investment Tip of the Week – 513 200 Brookpark Drive SW

Our fresh real estate investment tip is suitable for first-time home buyers or for investors with less capital available, the price is $205,900.

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Canada Has Second Highest Taxes on Property

On March 29, The Economist posted a list of OECD countries by taxes on property as a proportion of GDP. It shows that Canada’s taxes are the second highest.

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Overview of Canada’s Economy Recovery

Positive economic predictions are proving to be true. Canada’s manufacturing sector has led the economy toward continued strength.

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Home Sales and Prices Fell in March

According to a report released by the Calgary Real Estate Board (CREB), Calgary’s home sales, prices, and listings have decreased since last year.

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Canadian GDP Analysis: Growing Steadily

GDP (gross domestic product) is usually considered an indicator of a country’s standard of living. Let’s see how the GDP is developing in Canada.

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Troubles In Europe Affect Mortgage Bonds And Home Loans

Japan’s earthquake and the war in the Middle East have recently overshadowed problems in Europe. Warnings about the European financial problems have come true.

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Calgary Real Estate Report March 2011

We are continuing to see a marked increase in buyers in Calgary real estate market. Sales are up 14.1% for single family homes and 20.9% for condos

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Investment Tip Of The Week – 640 34 Ave NE

This week, our tip fulfills the purpose of the series excellently. 640 34 Ave NE is a great income generating property, just minutes away from downtown Calgary.

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World’s Financial Authorities in Calgary

Mayors, finance ministers, and executives from Canada to Chile met to talk about urban sustainability in the growing towns and cities of the Americas.

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Calgary Ranks Third In Prosperity Survey

Calgary took third place in the overall ranking of the Toronto Board of Trade’s third annual Scorecard on Prosperity.Toronto dropped to eighth place.

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Election Won’t Hurt Canadian Economy

An election campaign won’t be negative for the economy, although the Conservatives are warning that the opposition is putting the economy at risk.

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Stephen Harper’s Government Has Fallen

The three opposition groups – the Liberals, the Bloc Québécois, and the NDP, joined forces to bring down Harper’s minority conservative government.

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One In Five Canadians Consider Purchasing Property In The U.S.

A survey conducted by Leger Marketing reveals that Canadians are interested in buying homes south of the border.

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Canada’s Economic Action Plan: Phase Two Launched

On March 22th, The Honourable Jim Flaherty, Minister of Finance, launched the next phase of Canada’s Economic Action Plan by tabling a new budget plan.

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Calgary Real Estate Market Forecast

Calgary single family homes are forecast to increase by 4 per cent over the next 12 months. Home prices across Canada are expected to increase by 1 per cent.

Posted in Calgary Real Estate News | 2 Comments

Investment Tip of the week – 7S Eastlakes Centre (Industrial)

7S Eastlakes Centre at 11166 42nd Street SE, Calgary AB is a 5542-square foot warehouse space in EastLake/Calgary Foothills Industrial Park.

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High Fuel Prices Impact Air-Travellers

Air Canada is cutting six of its flights because of soaring fuel prices and half of them are from Calgary. WestJet has raised its fares.

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Calgary Industrial Real Estate Market: An Overview

Since industrial real estate demand in Calgary is increasing, let’s have a closer look at its development according to the Avison Young survey.

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Demand For Industrial Real Estate Picking Up Pace

Larger longer-term deals, recently-completed space, and an overall increase in demand have been witnessed, says a new report by Avison Young.

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Energy Sector Will Improve Housing Demand In Calgary

According to Business Review Canada, energy is the second most prosperous industry in Canada, with a market capitalization of 435.8 billion dollars.

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Royal Bank Decreases Residential Mortgage Rates

The Royal Bank of Canada has changed its residential mortgage special rate offers. The new rates came into effect March 16, 2011.

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Investment Tip Of The Week – 434 Panamount BV NW

This week’s investment tip concerns a detached single family home in Panorama Hills, a desirable neighbourhood in the north-western part of Calgary.

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Oilsands Firms Stimulated by North African Turmoil

Turmoils in North Africa and high oil prices help Canadian oilsands companies to grow faster.

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Building Permits Plunged in January

Calgary region building permits took a surprise fall in January as both residential and non-residential activity weakened, according to Statistics Canada.

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Loss Of Resources Because Of The Underground Economy

In its effort to stop tailgaters (people paid cash on the spot avoiding taxes), the government is trying to interfere with the underground economy

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Tourism Calgary Dampens Expectations

Tourism Calgary lowers 2011 expectations on the number of out-of-town visitors due to climbing gasoline prices and a strong dollar.

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New Attainable Homes Available In Calgary

he recently launched Attainable Home Ownership Program is designed to help people who are struggling to buy a house in the city. Now with an affordable option.

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Calgary February Market Explained

The single-family home sales hit 1,169 transactions last month, with an average sale price of $461,786, according to the Calgary Real Estate Board

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Investment Tip Of The Week – 61 Somerset WY SW

This 1800sqft, fully finished, 2-storey home with double attached garage is located in Somerset, a classy neighbourhood in the southwest corner of Calgary.

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Non-residential Real Estate Market Fell In 2010

Investment in non-residential real estate contracted by more than 10 per cent in 2010, reports Statistics Canada.

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Calgary Among Cities Expected To Lead Growth

Calgary, with 3.7 per cent, is among the top five cities for growth in gross domestic product in 2011 along with Windsor, Oshawa, Regina and Saskatoon.

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Investment Tip Of The Week – 139 Silver Springs

This week, I chose a discreet bungalow at 139 Silver Springs Dr NW. A closer look at the details should increase the heartbeat of each real estate investor.

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Calgary Fifth Most Livable City in the World

Canada and Australia are leading the “Most Livable Cities” chart composed annually by the Economist Intelligence Unit.

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New Condominums in Calgary on a Rise

According to the Altus Group report on residential housing, Calgary’s condo market started to revive in January 2011.

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Calgary Housing Market Statistics January 2011

According to the Calgary Regional Housing Market Statistics issued by the Calgary Real Estate Board (CREB), Alberta has a positive housing market outlook.

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Secondary Suites Permit is About to Help Housing

Mayor Naheed Nenshi has recently spoken out in favour of the legalization of secondary suites across all residential neighbourhoods in Calgary.

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