Alberta's overall home affordability stays in the saddle: RBC Economics
TORONTO, Sept. 27 /CNW/ - Alberta's persistently lackluster housing market conditions, which only perked up modestly during last year's modest upturn in resale activity, have translated in considerable improvement in affordability since early 2008, according to the latest housing report released today by RBC Economics Research. ...
Posted by Jo McDowell
on September 27, 2010
WWW.JMCDOWELL.CA/BLOG.HTML
CALGARY - One in five Alberta repeat homebuyers are going house hunting for homes they don't plan to live in, says a report released today.
Compared to other Canadians, Albertans are twice as likely to be looking for a vacation home (13 per cent versus five per cent nationally) and another six per cent are looking to buy a rental property, said the TD Canada Trust Repeat ...
Posted by Jo McDowell
on September 22, 2010
The pace of activity in Calgary's residential condominium market continues to slow down.
The number of newly-completed apartment suites in the Calgary region and unoccupied in August was at a record high, according to Canada Mortgage and Housing Corp.
In August, it was 710 units, up from 229 in August 2009.
The resale condo market has also had its challenges this year. According to the Calgary ...
Posted by Jo McDowell
on September 21, 2010
Banks hold most of the cards in mortgage game
By John Greenwood, Financial Post September 19, 2010
To understand the housing market and where it’s headed, it’s a good idea to take a close look at the big banks.
As providers of more than 60% of home loans in Canada they are major players, determining everything from who ...
Posted by Jo McDowell
on September 19, 2010
http://jmcdowell.ca/blog.html
CALGARY, ALBERTA--(Marketwire - Sept. 17, 2010) - The Government of Canada and the Government of Alberta celebrated the official opening of a 150 unit affordable housing project today. The project is supported by $7.5 million in funding under the Canada-Alberta Affordable Housing Program.
The Honourable Jim Prentice, Minister of the Environment, on behalf of the Honourable ...
Posted by Jo McDowell
on September 17, 2010
Calgary MLS sales third highest drop in country calgaryherald.com/business/Calga…
Posted by Jo McDowell
on September 15, 2010
Keep mind this article includes the recent fraud deals that are in the courts now. Road to recovery filled with economic potholes http://t.co/1YaACex . The Attitude in Calgary is generally that we are over the worst.
Posted by Jo McDowell
on September 14, 2010
'Calgary Buyer's market' isn't bubble http://t.co/cbVy0Ni
Posted by Jo McDowell
on September 12, 2010
Canada Added more Jobs in August than expect http://on.wsj.com/cOhhj5
Posted by Jo McDowell
on September 10, 2010
Calgary new home prices remain flat http://t.co/xhScaKm
Posted by Jo McDowell
on September 10, 2010