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Stories Tagged - Bill Kirk
News
Dec. 01, 2014 | CREBNow
Stats: Price growth slows in Calgary
Improving inventories help ease price growth pressure
Calgary's residential resale housing market posted relatively strong November activity reaching 1,782 units, a three per cent increase over the previous year, and nearly 13 per cent above long term averages.
"Relative to other major centres, economic growth in Calgary remains one of the strongest in the country," said CREB® chief economist Ann-Marie Lurie. "Employment opportunities and relatively higher wages have encouraged people to move here, supporting the demand growth in our housing sector."
Meanwhile, new listings growth continues to outpace the gains in sales, supporting a 22 per cent year-over-year rise in November inventories to 3,849 units. While inventories have recorded significant gains, they remain below long-term averages for the month.
Calgary's residential resale housing market posted relatively strong November activity reaching 1,782 units, a three per cent increase over the previous year, and nearly 13 per cent above long term averages.
"Relative to other major centres, economic growth in Calgary remains one of the strongest in the country," said CREB® chief economist Ann-Marie Lurie. "Employment opportunities and relatively higher wages have encouraged people to move here, supporting the demand growth in our housing sector."
Meanwhile, new listings growth continues to outpace the gains in sales, supporting a 22 per cent year-over-year rise in November inventories to 3,849 units. While inventories have recorded significant gains, they remain below long-term averages for the month.
News
May 20, 2014 | CREBNow
Growing concerns
Government report could change rules forcing disclosure of grow-op properties in Alberta
Alberta homebuyers could soon have more protection in place to ensure they don't buy former grow-ops without their knowledge.
Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.
Alberta homebuyers could soon have more protection in place to ensure they don't buy former grow-ops without their knowledge.
Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.
News
May 14, 2014 | Cody Stuart
Growing concerns
Government report could change rules forcing disclosure of grow-op properties in Alberta
Alberta homebuyers could soon have more protection in place to ensure they don't buy former grow-ops without their knowledge.
Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.
Alberta homebuyers could soon have more protection in place to ensure they don't buy former grow-ops without their knowledge.
Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.
News
May 07, 2014 | CREBNow
Gaining momentum
New listings up; Calgarians making the choice to buy in tight rental market
Not even a snowy spring kept sales and listings this April from increasing over last years' numbers.
CREB®'s monthly stats reported new residential listings for April at 3,754 units, an eight per cent increase compared to the same time last year.
"[Buying] made the most sense," said Sarah Hammond, a previous homeowner who purchased a home in the
southeast with her boyfriend, a firsttime buyer. "I already owned a condo so was not interested in trying to fight
the rental market to pay. Basically mortgage payments are the same or less than rental fees right now."
Not even a snowy spring kept sales and listings this April from increasing over last years' numbers.
CREB®'s monthly stats reported new residential listings for April at 3,754 units, an eight per cent increase compared to the same time last year.
"[Buying] made the most sense," said Sarah Hammond, a previous homeowner who purchased a home in the
southeast with her boyfriend, a firsttime buyer. "I already owned a condo so was not interested in trying to fight
the rental market to pay. Basically mortgage payments are the same or less than rental fees right now."