Tags » Canadian Real Estate Association

Slumping MLS sales in January felt across province

A sharp drop in MLS sales wasn’t limited to Alberta’s major centres at the beginning of this year as the impact of the oil price collapse began to take hold in the provincial economy. 487 more words

Calgary

10 Tips for Buyers of a Newly Built Home

#1. Choose the type of home that meets your lifestyle needs.

Do you like being close to downtown, or would you prefer living outside the city? 785 more words

Business

More Canadians Are Buying Income Properties

A new student condominium project in Kelowna, B.C. is being marketed as “this year’s hot investment” and “a perfect storm” for property investors.

“While most Canadians traditionally invest their funds in GICs, bonds or stocks, your Retirement Savings Plan could include an investment property giving you a far greater return on your investment than a GIC with an offering of less than two per cent,” says Randy Shier, president of Mission Group Homes, in a news release. 704 more words

Business

Housing market downturn has ripple effect in Calgary economy

The ripple effect of a slumping real estate industry, combined with plunging oil prices, is already starting to be felt by businesses throughout Calgary.

“We’ve definitely seen an impact,” said Dell Lloyd, owner of Omega 2000 Cribbing Inc., in Calgary, which does foundation work for several large home builders. 704 more words

Calgary

Rental properties: 8 things to know before becoming a landlord

Converting your basement into an apartment can be a lucrative move, no question, but there are perks and perils to using part of your home as a rental property. 1,690 more words

Business

Bank Of Canada Changes Interest Rate For First Time In More Than Four Years

The Bank of Canada announced today that it would lower its overnight lending rate to 0.75 per cent from 1 per cent, which is the first time the Bank has changed its rate in over four years. 149 more words

Mortgage Information

Home Sales Decrease In December: CREA

According to the Canadian Real Estate Association, home sales across Canada decreased by 5.8 per cent from November to December, but actual (not seasonally adjusted) activity was 7.9 per cent above December of 2013. 238 more words

Before You Buy