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January 2009 - Posts

Calgary Real Estate Market 2009 Forecast

Calgary's MLS sales price to drop by 2% for homes, 5% for condos By Mario Toneguzzi, Calgary Herald January 21, 2009 The average MLS sale price for a single-family home in the city will drop by 2 per cent this year while for condos it will decrease

Calgary's Real Estate Market to return to "Normal" in 2009

Return to 'normal' predicted for market Marty Hope, Calgary Herald Published: Saturday, January 17, 2009 After a dramatic decline in 2008, there will be an increase in the number of resale homes changing hands this year in Calgary, say a pair

Leader in Home Price Drop-Calgary

Calgary leads home price decline Mario Toneguzzi, Calgary Herald Published: Friday, January 16, 2009 Calgary posted the second-highest year-over-year percentage decline in residential MLS sales in the country in 2008 and led the country with the biggest

Calgary is #2 in Canada in MLS average price drop for 2008

Calgary's MLS average price drop leads nation, volume decline trails only Vancouver By Mario Toneguzzi, Calgary Herald January 15, 2009 Calgary was second in the country for the biggest percentage annual decline in MLS residential sales in 2008 and

Slowdown in Calgary Office Construction

Office construction to slow Additional space satisfying city's pent-up demand Mario Toneguzzi, Calgary Herald Published: Thursday, January 15, 2009 More than eight million square feet of office space in Calgary is set for completion between 2009 and

Largest Price Drop in Calgary Real Estate Market Since 1991..

New home prices fall most since '91 Mario Toneguzzi, Calgary Herald Published: Tuesday, January 13, 2009 Statistics Canada says "significant" 12-month declines in new home prices were recorded in both Edmonton and Calgary in November --

Hesitant Calgary Home Buyers

Buyers sitting tight as market stabilizes Marty Hope, Calgary Herald Published: Saturday, January 10, 2009 Prospective homebuyers are chomping at the bit to spend their money, but are waiting for positive signs regarding the marketplace, says an resale

Calgary Builders' Take "Breather"

Calgary building permits slide Dina O?Meara, Calgary Herald Published: Friday, January 09, 2009 The dollar value of building permits in Calgary dropped 25 per cent last year as developers and home renovators took a breather from the previous year's

Chilly December in Calgary's Home Market

Chill put on home sales UPDATED: 2009-01-07 02:32:48 MST Frigid weather cools off figures that drop to levels not seen in a decade By MARKUS ERMISCH, SUN MEDIA The December deep freeze plunged the mercury and home sales in Calgary on a tandem ride into

Brutal December 08 for Calgary MLS Sales

December real estate slump worsens in Calgary By Mario Toneguzzi Calgary Herald, Calgary Herald January 3, 2009 December was a brutal month for weather in Calgary but the chill was particularly felt in the local residential real estate market. Preliminary,

Dramatic decline in 2008 Calgary MLS Sales

Calgary MLS sales plunge in '08 to lowest levels in more than a decade By Mario Toneguzzi, Calgary Herald January 6, 2009 12:04 PM Residential MLS sales in Calgary plunged in 2008 to levels not seen since 1996 - years before the recent local housing

Average Home Price Predicted to dip a small Percentage in 2009

Resale real estate sales, prices to decrease slightly in '09: Royal LePage By Mario Toneguzzi, Calgary Herald January 6, 2009 10:04 AM Canada's resale real estate market should see only modest price and unit sales corrections across the country