Real Estate

 
 
 
 

 
 
A declining housing market combined with a slumping provincial economy since the fall has eased affordability for residential properties in Alberta, according to a report released today by RBC Economics.
 
 
 
 
 
 
 

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Calgary-area rural real estate follows city lower

The town and country and rural residential housing market is mirroring what's happening in the city during the first quarter of this year.


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Mammoth Wal-Mart coming to Calgary

Retail giant Wal-Mart is planning its first Supercentre format for Calgary at the Deerfoot Meadows shopping complex.


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foreclosure

Modifying loans may not stem foreclosure

Unemployment is a bigger reason for missed mortgage payments than high interest rates, according to a study from the Boston Federal Reserve.


 

Renters reaping rewards of slump

Not much more than a year ago, you had to be deep-pocketed, determined or plain lucky to secure a Calgary apartment.


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Bonnie Wegerich of the Calgary Real Estate Board says more people are following the market on a short-term basis.

Our real estate price obsession

And just like sports aficionados who keep a daily count of the number of goals and assists hockey players such as Jarome Iginla tally, homeowners and potential buyers are well aware of what the prices of single-family homes and condominiums are doing on a daily basis, particularly in the local real estate m


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Sales of B.C. recreation properties drying up

Realtor Wende Brash surmises that what's happening on the streets of Calgary has a lot to do with the slow sales of vacation property on nearby East Kootenay lake fronts and mountainsides.


 

Sales of B.C. recreation properties catch Calgary cold

The capital to invest in British Columbia’s resorts and ski areas is drying up.


 

Contractors' new home selling price drops 7% in Calgary

Contractors' selling prices for new homes declined by 7.1 per cent in the Calgary census metropolitan area between February 2008 and February 2009 - the third steepest 12-month drop in the country, says Statistics Canada.


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Building permit applications down 41 per cent over last year

The estimated construction value of building permit applications in Calgary for March was $199 million - down 41 per cent from a year ago at $335 million.


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HOUSING

Calgary CMA sees precipitous drop in housing starts

Total housing starts in the Calgary census metropolitan area fell by a staggering 90 per cent in March compared with a year ago, according to data released today by Canada Mortgage and Housing Corp.


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