Notley makes buying a home more affordable by cancelling PC Mortgage Tax hike

Posted May 12, 2015

EDMONTON – Today, Rachel Notley announced that the NDP will help homebuyers and cancel Jim Prentice’s staggering 600 percent increase to the Mortgage Tax. “Families are worried about their jobs and paying for their mortgage,” said Notley. “But Jim Prentice is barging ahead with his plan to hike the Mortgage Tax by 600 percent, putting… Read More→

‘Inching’ oil prices to buoy real estate market

Posted April 21, 2015

  The real estate market in Calgary will avoid the kind of correction it suffered in 2008 if oil prices even begin to turnaround, argued the president and CEO of Royal LePage and Brookfield Real Estate.  “If oil prices continue to do what they’ve done in recent weeks, which is inch up – we’re now… Read More→

Inventory gains influence housing prices

Posted April 2, 2015

First quarter activity reflects economic uncertainty   Click here to view the full monthly stats package. Elevated inventory levels and low sales for three consecutive months caused unadjusted benchmark prices to ease by 0.44 per cent in March, relative to the previous month, for a total of $454,300. Based on first quarter statistics, conditions are… Read More→

The Sky is Not Falling 2015

Posted March 16, 2015

“Back in late 2008 I wrote an article with the same name. With the recent economic news in Alberta I feel it is the time to write a similar article. In the first few months of 2015, if you picked up a newspaper or listened to the radio, it was all doom and gloom. I… Read More→

Inventory Climbs in Calgary’s Housing Market

Posted March 2, 2015

  February sales activity remains low Click here to view the full monthly stats package. Year-over-year new listings growth eased from 37 per cent last month to nine per cent in February. However, as sales activity remained below long term averages for the month, Calgary inventory levels rose to 5,474 units in February. “While housing… Read More→

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