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December 2008 - Posts

Home Prices in Small Markets Remain Strong

Your home may be worth more than you thought: CREA Garry Marr, Financial Post Published: Monday, December 15, 2008 Brett Gundlock/National Post With the CREA's new weighted average, prices are down 4.7% in November. The Canadian Real Estate Association

Home Sales Continue to Decline Across Canada

Existing home sales drop 12% VIRGINIA GALT Globe and Mail Update December 15, 2008 at 11:32 AM EST The number of existing homes sold in November fell 12.3 per cent from October, marking the second consecutive steep decline in a weakening economy, the

Alberta Faring Better Than Mosts During The Economic Crisis

Weathering the economic storm Report gives Alberta edge in recovery Mario Toneguzzi, Calgary Herald Published: Sunday, December 14, 2008 Certain key dates in history are remembered for dramatically and drastically changing the world. Dec. 7, 1941. Sept.

Positive Outlook in Calgary's Resale Housing Market

'Great correction' nearly over in market Resale turnaround expected by mid-year 2009 Marty Hope, Calgary Herald Published: Saturday, December 13, 2008 Joe Buggie has been in the business of pitching real estate in and around Calgary for more than

Large Decline in Calgary New Housing Market

New home prices take 1.6 per cent hit Decline is steepest since 1991; Calgary Market Slides Mario Toneguzzi, Calgary Herald Published: Friday, December 12, 2008 New house prices in Calgary declined by 1.6 per cent in October on a year-overyear basis--the

U.S. Canada Energy Relationship

Canada Connection Trading Places: Energy fuels widening U.S., Canadian economic relationship Houston Business Journal - by Greg Barr CALGARY, Alberta — Walk into the downtown Calgary office of U.S. Consul General Tom Huffaker, and he’ll show
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Sliding Calgary Real Estate Market Began 18 months Ago..

Housing slump has 18-month-old roots Realtor says slide predates global crisis Mario Toneguzzi, Calgary Herald Published: Thursday, December 11, 2008 Calgary's housing slide isn't a recent phenomenon triggered by the global economic meltdown but

Change in single detached homes

Thu, December 11, 2008 Detached homes declining UPDATED: 2008-12-11 02:34:46 MST Single-housing starts down 10% By MARKUS ERMISCH, SUN MEDIA The share of single-detached homes as a proportion of Calgary's housing starts has dropped more than 10% so

Calgary Housing Market to Make it Through 2009

Calgary's housing market expected to weather storm: Report Mario Toneguzzi, Calgary Herald Published: Wednesday, December 03, 2008 CALGARY - Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres

Downturn Brings Falling MLS Sales in Calgary Housing Market

MLS sales fall below pre-boom levels amid downturn Homes harder to sell as prices slide further Mario Toneguzzi, Calgary Herald Published: Tuesday, December 02, 2008 It is becoming increasingly difficult to sell a home in the Calgary residential real

Tumbling Calgary Home Sales in November

Tue, December 2, 2008 Home prices fall further UPDATED: 2008-12-02 01:48:16 MST By MARKUS ERMISCH, SUN MEDIA Sales of single-family homes tumbled nearly 40% in November, compared to one year ago, figures released yesterday by the Calgary Real Estate Board