Morning News Rundown

"Despite oversupply, Calgary new-build condo market is moving in the right direction Courtesy Hon Developments "Foreign interest in apartment sector unchanged: report "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Local homebuilders double down on digital as COVID-19 challenges continue Courtesy of Brookfield Residential "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 "On the road "'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 "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 "Calgary housing market 'overvalued' "Goodbye YVR, hello YYC? CMHC’s Richard Cho said that foreign investment still represents just a sliver of Calgary’s total residential housing market, even though it has increased from 0.2 to 1.1 per cent in just over a year. Photo by Wil Andruschak/For CREB®Now "55 Years of Calgary Real Estate: 2001 CREB® President Marlene Swinton Marlene Swinton, who served as CREB®'s president in 2001, specialized in condos during much of her real estate career. Looking back, she recalled how the condo sector evolved from being a low-cost housing option to a popular lifestyle choice. Photo by Michelle Hofer/For CREB®Now "55 Years of Calgary Real Estate: 2004 CREB® president Don Dickson Former CREB® president Don Dickson said one of the biggest changes he's seen over the course of his real estate career is the number the different housing types now available. Photo by Michelle Hofer/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 "Five things about CREB®'s Mid-Year Forecast "55 Years of Real Estate: 2005 CREB® president Marilyn Jones Marilyn Jones began her career in Calgary real estate in 1975. She served as CREB® president in 2005, a year which saw Calgary experience similar flooding to that seen in 2013. Photo by Michelle Hofer/For CREB®Now "55 Years of Real Estate: 2014 CREB® president Bill Kirk Bill Kirk said despite signs of change on the horizon, Calgary’s real estate industry enjoyed a robust year in 2014, with sales increasing by double digits. Photo by Michelle Hofer/For CREB®Now "Five things about population impact on housing "Long live the auto Canada Mortgage and Housing Corp. regional economist Lai Sing Louie said many Calgary homeowners still want the freedom to come and go with a car at their disposal, and they’re willing to pay for it. Photo by Wil Andruschak/For CREB®Now "New housing construction down in Alberta Spending on new residential construction in Alberta declined by $2.4 million in April. CREB®Now file photo "Over-under RESOLVE executive director Sheryl Barlage says the economic downtown is impacting overcrowding in Calgary homes. Photo by Wil Andruschak/For CREB®Now "55 Years of Real Estate: 1997 CREB® President Patti Beaudry Patti Beaudry remembers a booming real estate market in 1997. Photo by Michelle Hofer/For CREB®Now "5 things on housing market's health The scaling back of single-detached home starts has contributed to a decline in the number of units under construction, thus posing minimal risks of destabilizing the market, according to a new report. CREB®Now file photo. "Weak conditions expected to dampen housing starts "Calgary vacancy rates to rise, rents to decrease: report "Calgary housing prices to decline further: report "Story in the making "Five things about household debt in Canada "Trickle-down effect According to CMHC, the total number of home completions in the Calgary region for January and February combined was up, but absorption is down . CREB®Now file photo. "5 things about housing needs "Long haul for local housing market CMHC's Richard Cho says everything from employment levels to household income and migration to spending levels signal to tough times ahead for the local housing market. CREB®Now file photo. "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown