Local market classified as balanced BY MARIO TONEGUZZI, CALGARY HERALD MARCH 23, 2011 CALGARY — Short-term year-over-year price growth is expected to be in the five to seven per cent range for Calgary, according to the Conference Board of Canada. In releasing its monthly Metro Resale Index on Wednesday, the board said Calgary’s real estate market is currently classified as being under balanced conditions. In February, the average residential resale price rose to $406,216, up from ... Full Article...

Just added this listing: "THEIR LOSS IS YOUR GAIN!!! SELLING OVER $100,000 BELOW WHAT THE OWNER PAID IN 2007! Urban Flats is a low-rise condo surrounded by trees and a private hedge. Upscale in design and with beautiful hardwood floors, this top-floor, two bedroom unit features the perfect balance of urban style, retro cool, and chic elegance. Slate floors in the kitchen and bathroom are complimented by beautiful maple style cabinets, black appliances and a new ensuite washer/dryer combo. The ... Full Article...

BY MARIO TONEGUZZI, CALGARY HERALD MARCH 15, 2011  CALGARY - Overall residential MLS sales and average prices rose in Calgary in February, according to the Canadian Real Estate Association. In data released Tuesday, CREA said Calgary sales, which included all residential properties, were 1,917 for the month, up by 0.2 per cent from a year ago. The average MLS sale price was $400,879, an increase of three per cent from February 2010. Sano Stante, president of the Calgary Real Estate Board, said ... Full Article...

Just sold this listing: "Over 1750 sq ft of total living space in this fully developed 2-storey home in Coventry Hills. Beautiful open floor plan on the main includes a nice size oak kitchen with tile backsplash, breakfast bar, dining area and spacious living room. Main floor is perfect for entertaining with sunny west exposure leading you out onto the new maintenance free deck in the back yard. Upstairs is complete with three bedrooms including a master ensuite and walk-in closet. Basement is ... Full Article...

ROB CARRICK Globe and Mail Published Wednesday, Mar. 16, 2011  How would you like to be a disinterested bystander during the coming run-up in borrowing costs? Toronto-Dominion Bank’s (TD-T82.30-0.42-0.51%) new special offer of a seven-year mortgage at 4.79 per cent will do that for you. Or, you can buy yourself a decade’s worth of protection against interest fluctuations with a 10-year mortgage at 4.99 per cent. I’ve been doing this job long enough to remember when those rates ... Full Article...

Just added this listing: "Over 1700 sq ft of developed living space in this gorgeously updated home in McKenzie Lake. Main floor features new espresso laminate flooring, ceramic tile entrance and half bath, antique white kitchen with upgraded appliances, laundry room with extra storage and much more. Upstairs you'll find brand new carpeting, three spacious bedrooms and convenient master ensuite. Fully developed basement with large entertainment room and plenty of extra storage. Freshly painted ... Full Article...

TORONTO (Reuters) - Canadian housing starts rose 6.6 percent in February, largely on a rise in starts of multi-unit buildings, Canada Mortgage and Housing Corp said on Tuesday. Housing starts climbed to a seasonally adjusted annualized rate of 181,900 units in February from a revised 170,600 units in January. January starts were revised up slightly from 170,400. Analysts, on average, had forecast 173,000 starts in February. Urban starts rose by 9.4 percent to 161,000 units, driven by a 14.5 ... Full Article...

Just sold this listing: "PRICE REDUCED FOR QUICK SALE!!! Almost 3000 sq ft of developed living space in this fully finished, AIR CONDITIONED, Cardel Custom Home in Cranston! Perfect for a large family featuring a plethora of unbelievable upgrades! Kitchen is complete with stainless appliances, gas stove, mocha maple cabinets with a ton of cupboard space, walk-through pantry, granite countertops, breakfast bar, stylish tile backsplash and much more! Large open floor plan is ideal for ...

Just added this listing: "Steal of a deal on this beautiful one bedroom renovated condo in Renfrew. Over 600 sq ft of space in this large one bedroom unit featuring stainless appliances, trendy maple cabinets, tiled entry way and bathroom, gas fireplace, in-suite laundry and much more! Prime location, close to all amenities, and includes a covered parking stall. Great opportunity for the firsttime buyer! Call today to set up your private showing because this beauty won't be around for long!" ... Full Article...

Condo sales down for 10 straight months BY MARIO TONEGUZZI, CALGARY HERALD MARCH 1, 2011 Single-family home sales increased in February for the second consecutive month. CALGARY - Single-family home sales and average prices were up in February compared with a year ago. According to the Calgary Real Estate Board, sales in the single-family market hit 1,169 transactions last month for an average sale price of $461,786. In February 2010, there were 1,035 sales for an average price of $458,254. It ... Full Article...