Tagged : Calgary real estate market 
There are currently 3 blog entries matching this tag.
Mortgage rules about to change: What it means to the Calgary Real Estate Market and you
Friday, March 26th, 2010 at 4:14pm. 917 Views, 0 Comments.
There is big news for those of you who pay attention to the mortgage market in Canada: starting April 19th the rules regarding mortgages will change and while not too dramatic, they will affect many homeowners and investors in Calgary Real Estate and across Canada. The motivation behind these alterations appears to be to prevent people operating within the Canadian real estate market from taking on too much debt. In order to achieve this goal, the government is enacting three major changes:
1/ Changes to qualifying rate:
The first big change within this new legislation will be to require those qualifying for a mortgage to have that qualification based on a five-year fixed rate regardless of the actual rate they negotiate. While those who are looking for…
Calgary: Top Real Estate Monopoly Contender
Sunday, January 17th, 2010 at 11:50am. 789 Views, 0 Comments.
Calgary: Top Real Estate Monopoly Contender
Calgarians have to step up if they want their city to be the next “Boardwalk” on the Canadian version of Monopoly. Hasbro’s new Canadian edition is going to be filled with 22 of Canada’s top cities and voting is what is going to be the factor in determining what those cities are. I am willing to bet that whatever city gets to be in place of Boardwalk will get a bump in real estate prices (don’t quote me on it though). All it takes is a few seconds and a few clicks and you can make our Calgary real estate market worth more.
Even Calgary’s Mayor, Dave Bronconnier, came out in full regalia to help push us towards our pcs in support of the Calgary real estate market obtaining that coveted Boardwalk spot. Bronconnier…
SF Homes Spur Calgary Real Estate Market
Thursday, December 10th, 2009 at 8:22pm. 1206 Views, 0 Comments.
Single-family Homes Spur Calgary Real Estate Market
Calgary real estate is showing promise with single-family homes being built at a faster pace than the same period in 2008. The Calgary real estate market had a 2009 record of 832 units built in one month. Chief Economist Bob Dugan of the Canada Mortgage and Housing Corporation, said that “despite a small decline in November’s multiple home construction, overall starts numbers were up due to a solid increase in singles starts.”
The renewed interest in home construction and the real estate market in Calgary is likely due to lower prices, reasonable mortgage rates, and less availability. Strong demand for single-family housing continues to rise and push for more new construction.
November’s seasonally…
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