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THE BIG PICTURE

Posted October 9, 2017

Oct 6, 2017 crebnow Calgary Real Estate News, Housing Market, Industry News Inventory increases and sales drop in September, but overall sales for the year remain higher than last year Strong gains in the first half of 2017 have put Calgary year-to-date sales at seven per cent above last years’ levels and 11 per cent… Read More→

CMHC explores cutting red tape to make it easier for self-employed to get a mortgage.

Posted October 5, 2017

Proving income can discriminate against people starting a business and new Canadians. OTTAWA — The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can afford to pay the mortgage. “Right now, under our… Read More→

Creb Housing Statistics for September 2017

Posted October 3, 2017

] The big picture Inventory increases and sales drop in September, but overall sales for the year remain higher than last year. Strong gains in the first-half of 2017 has put the Calgary year-to-date sales at seven per cent above last years’ levels and 11 per cent below long-term averages, but challenges remain with easing… Read More→

Housing recovery remains a work-in-progress

Posted August 2, 2017

Market sees modest inventory gains, but overall prices inch up Sales exhibited stable growth through the first half of the year in the Calgary housing market, but the number of transactions slowed slightly in July compared to last year.  City-wide sales totaled 1,637 units, six per cent below July 2016 levels. Year-to-date sales activity totaled… Read More→

Housing market retains momentum in April

Posted May 1, 2017

City-wide prices hold steady as labour market improves Calgary’s housing market continued to show signs of stability in April. With improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year’s levels. “More jobs means less uncertainty… Read More→

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