Mid-Year market update shows stability

(August 17, 2017)

CREB® forecasts a process of recovery for the remainder of 2017

The first-half of 2017 marked a shift in Alberta's economy from recession to recovery, with conditions supporting stability rather than expansion.

"Economic challenges continue to exist, as high unemployment rates, weak migration levels and more stringent lending conditions are weighing on the housing market," said CREB® chief economist... read more.

This Weekends Open House Opportunities

(August 10, 2017)

Come view two amazing homes this weekend.  

33 Riviera Way - Cochrane
Saturday August 12, 1:00pm-4:00pm
Come view this rare, villa style bungalow.  This home has high-end finishings that can only be found in this complex.  Steps away from the river, yet backing a quite picturesque ravine.

9971 Warren Rd SW
This home has been extensively renovated and will not disappoin... read more.

A Chic Update to a Longtime Living Room

(August 06, 2017)

Old, new, borrowed, blue

“When people have been together for a while, they have their own collections [and] special things gathered over time or inherited from family,” says Linda Weisberg, owner of Newton, Massachusetts-based LW Interiors. This was true of the couple who sought Weisberg’s help to update the family room in their ninety-year-old, Tudor-style home, also in Newton.

Weisberg’s design pr... read more.

When A Moving Company Estimator Comes to Your Home,SHOW HIM EVERYTHING

(August 01, 2017)

When moving out of your home and into a new one, it's safe to assume you want to have the closets, the backyard, the basement, the attic and all the nooks and crannies not seen during an initial walkthrough moved as well. But, if on your moving day the foreman believes you have significantly more stuff than was calculated in your estimate, he can “challenge” the original estimate (before everythin... read more.

More Interest Rate Hikes Expected?

(August 01, 2017)

The Bank of Canada has raised its key interest rate as expected to 0.75 per cent — the central bank’s first move upward in the cost of borrowing in seven years.

The bank’s target for the overnight rate—at which major financial institutions make one-day loans to each other—moved up by one-quarter of a percentage point from 0.50 per cent.

The move means consumers will likely pay more for borrowing suc... read more.

Housing recovery remains a work-in-progress

(August 01, 2017)

Market sees modest inventory gains, but overall prices inch up

Sales exhibited stable growth through the first half of the year in the Calgary housing market, but the number of transactions slowed slightly in July compared to last year. 

City-wide sales totaled 1,637 units, six per cent below July 2016 levels. Year-to-date sales activity totaled 11,957 units, nine per cent above last year.

"Sales grow... read more.