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Stories Tagged - Calgary Real Estate News
News
Jan. 10, 2013 | CREBNow
Moving in the Right Direction
It's a happy New Year for Calgary's real estate market, as the city ended 2012 with sales volume up 15 per cent and benchmark prices up five per cent.
Average sale prices were the highest ever in Calgary at $428,655 for combined single family and condominium, but this figure was skewed by a surge in $1-million plus homes sold in 2012. The benchmark price of $381,408 is lower than the average because tracking is based on comparable properties.
Average sale prices were the highest ever in Calgary at $428,655 for combined single family and condominium, but this figure was skewed by a surge in $1-million plus homes sold in 2012. The benchmark price of $381,408 is lower than the average because tracking is based on comparable properties.
News
Jan. 07, 2013 | Cody Stuart
New Years Resolutions for your home
"This year, things are going to be different." We've all uttered the words. Come New Years Day it's a time-honoured tradition, whether it's losing weight or treating your fellow man/woman better, changing your ways (or making a feeble attempt to do so). But what about resolutions for your home? Playing host to you and yours for most of the year, it might be a good idea to look towards your home when setting goals for the New Year. With January already in full swing, CREB® takes a look a few options home-based New Years resolutions.
News
Jan. 02, 2013 | CREBNow
6,000 Registered with Attainable Homes
Since launching in 2009, the Attainable Homes Calgary Corporation (AHCC) has received over 6,000 registrations for its attainable home ownership program.
The AHCC home ownership program supports eligible households earning up to $80,000 annually by delivering quality entry-level homes at attainable prices as well as providing gifted down payments.
The AHCC home ownership program supports eligible households earning up to $80,000 annually by delivering quality entry-level homes at attainable prices as well as providing gifted down payments.
News
Jan. 02, 2013 | CREBNow
City Initiative Recognized by Governor General
A Calgary initiative celebrating century old homes in the city has been recognized by Canada's Governor General.
Century Homes Calgary's volunteer organizers were awarded the 2012 Governor General's history Award for Excellence in CommunityProgramming, one of the top honours an organization can receive in the field of history and heritage said the City of Calgary blog.
Century Homes Calgary's volunteer organizers were awarded the 2012 Governor General's history Award for Excellence in CommunityProgramming, one of the top honours an organization can receive in the field of history and heritage said the City of Calgary blog.
News
Dec. 19, 2012 | CREBNow
Historic Hudson's Bay Company
A year after the North West Mounted Police created a settlement at the confluence of the Bow and Elbow Rivers and named it Calgary in 1875, the Hudson's Bay Company set up shop and has been here ever since.
The history of the Hudson's Bay extends well before those first buildings were constructed in Calgary. In May of 1670, Prince Rupert, cousin of King Charles II granted the lands of the Hudson Bay watershed to a "Company of Adventurers" including Pierre-Esprit Radisson and Medard Chouart, Sieur des Groseilliers.
The history of the Hudson's Bay extends well before those first buildings were constructed in Calgary. In May of 1670, Prince Rupert, cousin of King Charles II granted the lands of the Hudson Bay watershed to a "Company of Adventurers" including Pierre-Esprit Radisson and Medard Chouart, Sieur des Groseilliers.
News
Dec. 19, 2012 | CREBNow
Canadian Seniors Staying in Their Homes Until Their Late 80s
A housing report from Altus Group found Canadian seniors can't be lumped into one category when it comes to housing.
The report categorized Canadians aged 65 and over into three groups: younger seniors (ages 65-74), middleaged seniors (ages 75-84) and older seniors (ages 85 and over).
Findings included the fact that the majority of seniors live in private households opposed to collective dwellings (dwellings such as nursing homes, long-term care or retirement homes) with only one in 12 seniors living in such places in 2011.
The report categorized Canadians aged 65 and over into three groups: younger seniors (ages 65-74), middleaged seniors (ages 75-84) and older seniors (ages 85 and over).
Findings included the fact that the majority of seniors live in private households opposed to collective dwellings (dwellings such as nursing homes, long-term care or retirement homes) with only one in 12 seniors living in such places in 2011.
News
Dec. 19, 2012 | CREBNow
Nowhere to Rent
As both Calgary's and Alberta's economies continue to thrive, rental vacancies are showing decreased numbers compared to last year.
According to the Canada Mortgage and Housing Corporation (CMHC), the apartment vacancy rate decreased in Calgary's Census Metropolitan Area to 1.3 per cent this October compared to 1.9 per cent in October of 2011.
According to the Canada Mortgage and Housing Corporation (CMHC), the apartment vacancy rate decreased in Calgary's Census Metropolitan Area to 1.3 per cent this October compared to 1.9 per cent in October of 2011.
News
Dec. 19, 2012 | Cody Stuart
CREA Issues 2012/2013 Forecast
The Canadian Real Estate Association (CREA) has updated its forecast for home sales in 2012 and 2013, with MLS® transactions in Alberta set to lead the country.
Coming off 2011, which saw Alberta's 8.1 per cent increase second only to Saskatchewan in terms of annual sales growth, CREA is predicting MLS® sales in the province rise by 13.1 per cent in 2012 to lead the country in growth.
Coming off 2011, which saw Alberta's 8.1 per cent increase second only to Saskatchewan in terms of annual sales growth, CREA is predicting MLS® sales in the province rise by 13.1 per cent in 2012 to lead the country in growth.
News
Dec. 19, 2012 | CREBNow
Bursting at the Seams
With no new supply forecasted for 2013, Calgary's currently continually thriving commercial market might have to look beyond downtown for real estate.
According to a 2013 market outlook by CB Richard Ellis (CBRE), Calgary's sq. ft. absorption for the end of the year is a forecasted 2.13 million sq. ft. with an expectation of decreasing to 0.04 million sq. ft. in 2013 because of the lack of new product.
According to a 2013 market outlook by CB Richard Ellis (CBRE), Calgary's sq. ft. absorption for the end of the year is a forecasted 2.13 million sq. ft. with an expectation of decreasing to 0.04 million sq. ft. in 2013 because of the lack of new product.
News
Dec. 19, 2012 | CREBNow
Single-Family Living with Benefits
Buying a condominium means you're buying into a form of home ownership that's different from a single-family dwelling.
A condominium generally refers to the privately owned unit you'll call home and the common areas, which can include hallways, the exterior of the building, green space and other areas for which owners share responsibility.
A condominium generally refers to the privately owned unit you'll call home and the common areas, which can include hallways, the exterior of the building, green space and other areas for which owners share responsibility.
