Latest Real Estate News
Forecast growth of 6.7%. CALGARY, Alberta will lead the country next year in the annual percentage growth for MLS sales, according to the Canadian Real Estate Association. The association on Monday said the province will see MLS sales increase by 6.7 per cent in 2012 to 56,650 units following a 6.8 per cent gain this […]
The modern Mother’s Day is celebrated on various days in many parts of the world, yet most commonly in March, April, or May as a day to honor mothers and motherhood. Celebrations of mothers and motherhood occur throughout the world; many of these can be traced back to ancient festivals, like the Greek cult to […]
OTTAWA – The Bank of Canada has decided to give households at least another seven weeks of low interest rates while offering no clue as to when it might start its long-awaited tightening trend. The decision Tuesday to keep the policy rate at one per cent came despite a mostly upbeat assessment of the Canadian […]
The expected 2011 rate increases are already starting to happen. As of tomorrow Wednesday, February 9th all terms of fixed rate mortgages will be increased by a quarter of percent. Higher Fixed Rates impact buyers to qualifying for their desired purchase price. Please call today to secure your rate for 120 days and qualify for […]
In an annual forecast released recently, the Calgary Real Estate Board’s president Sano Stante said single-family home sales are expected to increase by 19.9 per cent this year to 14,500 transactions while the average MLS sale price is predicted to rise 4.1 per cent to $480,000. He also said the real estate board is predicting […]
Variable-Rate Mortgage Forecast Analysts still expect the Bank of Canada to remain on the sidelines until 2nd quarter 2011. On average, major economists now predict a 200 basis point increase in the overnight rate over the next 24 months. Their outlooks, if accurate, imply a 5.00% prime rate by December 31, 2012. Prime rate is […]
I wish you all a Happy New Year and hope that 2011 brings you much success and prosperity in all your endeavors. And don’t forget to stay creative and positive! Ljuba Djordjevic Discover RE www.FlatFee495.com
” TORONTO (Reuters) – The Canadian residential housing sector is landing safely after a wild ride over the past three years, Toronto-Dominion Bank said in a report on Thursday. Looking ahead, the economics unit of Canada’s No. 2 bank said it expects improved home sales and a higher average price next year, largely because housing […]
Canadian real estate appears to be headed for a balancing out from its once upward swing. Although 4.6 per cent more homes changed hands from September to October, sales were down 21.6 per cent from a year earlier. And, homes were selling for slightly more (0.7 per cent) in October than a year earlier, with […]
Few tips for everyone on Halloween day ******* When Driving on Halloween: ■ Slow down in residential neighborhoods — obey all traffic signs and signals. ■ Watch out for children walking in the road and on curbs and crossing the street. They may not be paying attention to traffic. ■ Take extra care in entering […]
OTTAWA – The Bank of Canada is keeping its trend-setting policy rate at one per cent and radically reducing its expectations for the economic recovery. The central bank had raised rates three consecutive times since June, but now says the economy is too feeble for more tightening. It says the recovery is much weaker than […]
What is happening with the real estate market in Calgary, almost everybody knows. Is it good time to buy or not – it a decission that has to be made by the seller and/or buyer? Here you will find limited report on stats for sales happened in September 2010, and this report is based and […]