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Housing market to slow in 2016, but only modestly

Posted August 20, 2015

One of Canada’s largest mortgage lenders says that the housing market will slow in 2016 — but only modestly. RBC forecasts that rising interest rates will see real estate sales drop by 10% over several years and the rise in prices slowing to 3.2% in 2016.  The report says: “It has long been our view… Read More→

5 Tips to get organized

Posted August 6, 2015

Getting organized can sometimes seem like an insurmountable task. Turn messy areas into tidy, stylish spaces with this list of 5 tips that are guaranteed to help clear clutter and keep it away. 1 Identify problem areas: Take “before” pictures of each room to help identify exactly what needs to be cleared away and which… Read More→

Market remains balanced despite easing in absorption rates

Posted July 30, 2015

Market remains balanced despite easing in absorption rates Supply gain in apartment sector threatens to impact price Click here to view the full monthly stats package. Declines in residential housing sales activity eased in July, creating, when combined with stable inventory levels, no change to the month-over-month price. Year-over-year sales fell by 14 per cent… Read More→

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→

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