May 08, 2013 | CREBNow
Morning News Rundown
Here is your Morning News Rundown for Wednesday May 8th:April 2013 Housing Starts in Canada - CMHC
Housing Starts Fall 3.5% in April as Market Faces 'New Reality' - Globe and Mail
CMHC Report Shows Loss of Bulk Insurance Business - Canadian Real Estate Magazine
Calgary Homebuilders Pledge $11 Million to Build Housing for Homeless - Calgary Sun
Paying off Mortgage Safer Than Investing in Cash - The Province
Peter Munk's Contrarian bet on Toronto's Condo Market - Globe and Mail
Tagged: Calgary Real Estate | CMHC | Condo | Mortgage | Toronto Real Estate | Uncategorized
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"'Tis the season
Joe Jacobs, president of Mortgage Connection Inc. in Calgary, said the best way to qualify for a mortgage is to decrease or eliminate other debts. Photo by Adrian Shellard/For CREB®Now
"Renters' paradise
Gerry Baxter, executive director of the Calgary Residential Rental Association, said the vacancy rate among members of the association is between eight to 10 per cent. Photo by Wil Andruschak, for CREB®Now
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"CMHC program can save "green" borrowers up to 25 per cent on mortgage insurance premiums
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"Mortgage matters: options and advice for anyone falling behind on payments due to COVID-19
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"Rinse and repeat
Richard Cho, pricipal market analysis for Calgary with CMHC, expects rental vacancy rates to hover around seven per cent in 2017. Photo by Wil Andruschak/for CREB®Now
"Bottoms up
Jyoti Gondek, director of Westman Centre for Real Estate Studies at Haskayne School of Business at the University of Calgary said the city's housing market will face a number of risk factor in 2017, including aging baby boomers. Photo courtesy University of Calgary
"Reaching for the sun
An example of a double-skin facade that could address solar challenges in multi-storey buildings., according to Caroline Hachem-Vermette, an assistant professor of architecture in the Solar Energy and Community Design Lab at the University of Calgary’s Faculty of Environmental Design. Illustration courtesy Caroline Hachem-Vermette.
"Foreign interest in apartment sector unchanged: report
"Future of housing
Canadian Home Builders’ Association-Alberta CEO Donna Moore said one of the organization’s top concerns when it comes to the development of a national housing strategy is to address affordability for first-time buyers.. Photo by Adrian Shellard/For CREB®Now
"November sales slide into old patterns
Year-to-date detached sales have declined by three per cent compared to last year, said CREB®. CREB®Now file photo
"Calgary housing market 'overvalued'
"55 Years of Calgary Real Estate: 2002 CREB® President Joyce Travis
Joyce Travis believes adaptability served her well as CREB® president in 2002, and is largely behind the longevity of her real estate career. Photo by Michelle Hofer/For CREB®Now