BY MARIO TONEGUZZI, CALGARY HERALD DECEMBER 20, 2010
CALGARY - Short-term year-over-year house price growth in Calgary is expected to be in the range of five to seven per cent, says the Conference Board of Canada.
In its Metro Resale Index released Monday, the board said the average MLS sale price in the city in November was $397,239, up one per cent from October.
Also, on a seasonally-adjusted basis MLS sales in November increased by 8.6 per cent from October to 21,017.
Realtor Christina ...
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at Thu, 30 Dec 2010 16:48:20 -0700
BY GARRY MARR, FINANCIAL POST DECEMBER 21, 2010
When it comes to selling a house at Christmas, don't get rid of the tree all together, but don't overdo it with decorations either.Photograph by: Photos.com, Postmedia News
Don’t over do it this Christmas, if you want to sell your house, that is.
Royal LePage Real Estate Services says it’s time to start thinking about a smaller tree this year if you plan to list your home for sale over the holiday season. Those large, decorated trees ...
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at Tue, 28 Dec 2010 15:08:18 -0700
Just added this listing: "Rock bottom price on this lovely foreclosure in Shawnessy! This beautiful 4-level split is located on a quiet street and boasts over 2150 sq ft of total living space complete with four bedrooms, renovated kitchen, central air conditioning, private master ensuite and a well appointed den and fireplace on the lower level. Great family home in a safe community at an amazing price! This home will go fast so call today to book your private showing! Please note: house is ...
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Easing of sales this year defused threat of overheating, crash: TD report
BY JOHN MORRISSY, FINANCIAL POST; POSTMEDIA NEWS DECEMBER 10, 2010 There was no bubble and there will be no bust in Canada's housing market, TDEconomics said in a report Thursday.
The market has instead "landed safely," said economist Pascal Gauthier.
He said 2010 "was not what bubbles are made of. Similarly, under our forecast interest-rate profile, the next two years will not be what crashes are made of."
The market's ...
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at Tue, 14 Dec 2010 23:24:04 -0700
By Ka Yan Ng
TORONTO (Reuters) - The Canadian residential housing sector is landing safely after a wild ride over the past three years, Toronto-Dominion Bank said in a report on Thursday.
Looking ahead, the economics unit of Canada's No. 2 bank said it expects improved home sales and a higher average price next year, largely because housing affordability will likely be extended as uncertainty lingers about the global economy.
"The most important development since our September forecast is that ...
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at Fri, 10 Dec 2010 15:19:50 -0700
BY DEREK ABMA, FINANCIAL POST DECEMBER 3, 2010
Lower home prices and mortgage rates helped push down the costs of home ownership, says RBC.
OTTAWA — Owning a home in Canada became more affordable in recent months, according to the Royal Bank of Canada.
RBC Economics Research released a report Monday saying the proportion of pre-tax household income it takes to own a home declined in the third quarter of 2010 after a full year of deteriorating home-ownership affordability. Lower home ...
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at Mon, 06 Dec 2010 11:54:18 -0700