Real Estate
Calgary housing rises across the board: survey
Improved consumer confidence is helping push up housing prices in Calgary ahead of rising interest rates, a report by Royal LePage said Thursday.
Although it experienced uneven growth across the country, the Canadian housing market was generally buoyed by strong consumer demand in the first quarter of 2010, according to the Royal LePage House Price Survey released Thursday.
Economy
Prospects for Calgary's construction industry continued to
improve in March, as the value of building permits rose.
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Calgary GDP to zoom ahead in 2011
Calgary's economy is on the rebound and set to outpace the rest of the country next year, a new forecast says.
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Spring panic for homebuyers
Rising interest rates on the long end of the mortgage market are one more catalyst for a housing market expected to reach a fever pitch
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U.S. pending home sales jump
Contracts for pending sales of previously owned homes unexpectedly rose in February, a survey from the U.S. National Association of Realtors showed, a rise the group said may be attributed to homebuyers taking advantage of a soon-to-expire tax credit.
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Interest rates fuel Calgary housing market
Calgary's housing market in March was fueled by an expected rise in interest rates with MLS single-family home sales up by 29 per cent compared with a year ago and condo sales soaring by 37 per cent, according to data released today by the Calgary Real Estate Board.
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Balzac power centre leads retail expansion
Calgary's retail landscape is getting bigger as 33 projects totalling nearly 10 million square feet are planned or under construction.
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Calgary homes buck national trend, show slight drop in monthly prices
Canadian home prices in January were up 7.5 per cent from a year earlier, according to the Teranet-National Bank National Composite House Price Index, released today.
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'Unaffordable' Calgary homes set to backslide: author
Home prices in Calgary are overvalued by 15 to 20 per cent, "seriously unaffordable," and set to start falling, says a nationally known economic and housing market commentator.
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Fear of rate hike sparks Calgary housing sales
Talk of rising mortgage rates has motivated buyers to take the plunge in March into home ownership, with preliminary data showing MLS sales are up considerably from a year ago -- and average prices are following the upswing.
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Albertans ready to pay more for green-friendly home: TD poll
The benefits of owning a ‘green’ home are obvious to Albertans with 73 per cent of homeowners in the province saying they would be willing to pay a premium on a house or condo that includes environmentally-friendly features, according to the TD Canada Trust Green Home Poll released today.
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Discipline rewards Calgary's industrial real estate sector
Optimism has returned to the city's industrial real estate market. According to a report by Colliers International in Calgary, the first quarter of this year saw a decline in that sector's vacancy rate -- the first drop since the third quarter of 2007 -- and sparked hopes that the worst may be over for Calgary's industrial market.
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