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February 2009 - Posts

Thursday, February 26, 2009 1:49 PM

Cooling Real Estate Market in Calgary..

Calgary real estate expected to cool By Mario Toneguzzi, Calgary Herald February 26, 2009 Residential real estate activity should moderate further in 2009 alongside a general weakening in domestic economic conditions, says a research report released Wednesday
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Tuesday, February 24, 2009 12:47 PM

Alberta Foreclosures.. Not really such a great deal?

Buyers won't find U.S.-style fire sales on foreclosed homes Last Updated: Monday, February 23, 2009 | 3:02 PM ET In the U.S., properties, such as this house under foreclosure in Oakland, Calif., can be sold for what is owed to the bank, but Canadian
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Tuesday, February 24, 2009 12:43 PM

Jan 2009 House Sales Up from Dec 2008

Resale market gathers strength Buyers start to show more interest Marty Hope, Calgary Herald Published: Saturday, February 14, 2009 Maybe it was the weather, maybe it was wanting to start the new year on an optimistic note, or maybe people were just being
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Tuesday, February 24, 2009 12:42 PM

Dropping MLS Sales Good News For Prospective Buyers

Home affordability on rise as sales dip Mario Toneguzzi, Calgary Herald Published: Saturday, February 14, 2009 M LS residential sales across the country fell by almost 41 per cent in January compared with a year ago, but affordability improved with average
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Tuesday, February 24, 2009 12:37 PM

Canadian Housing Market Continues to Deteriorate

Canada's housing market still in the doldrums Alia McMullen, Financial Post Published: Friday, February 13, 2009 Calgary house prices fell 11.4%, the steepest decline in the city. Canada's housing market continued to deteriorate in January amid
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Tuesday, February 24, 2009 12:35 PM

Mortgage Defaults on Rise

Tumbling home values boost mortgage defaults 'We have never seen this many foreclosures' Jason Markusoff, Calgary Herald Published: Thursday, February 12, 2009 More Calgarians are defaulting on mortgages and losing their homes in a toxic stew
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Tuesday, February 24, 2009 12:28 PM

Calgary Housing Starts Down in January 2009 from January 2008

Calgary home construction numbers worse than expected UPDATED: 2009-02-09 12:11:49 MST By BILL KAUFMANN, Sun Media checkCookie(); table.microtable a, div.microtable a {letter-spacing: 0.5px; font-family : Arial, Helvetica, sans-serif; color : #F00F2F;
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Tuesday, February 24, 2009 12:21 PM

Year over Year comparisons In Calgary Real Estate Market dismal for January 2009

Housing sales plunge in January by 50 per cent over last year Average price drops 9.3% Mario Toneguzzi, Calgary Herald Published: Wednesday, February 04, 2009 Nomatterhowyoulook at it, Calgary's resale housing market took a beating in January compared
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Tuesday, February 24, 2009 12:18 PM

Stability in Calgary Housing Prices in January 2009

Tue, February 3, 2009 Calgary home prices remain stable UPDATED: 2009-02-03 02:39:55 MST By MARKUS ERMISCH, SUN MEDIA The average price of a single-family home in Calgary remained largely unchanged last month. The Calgary Real Estate Board said yesterday
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