Calgary housing boom predicted By Renato Gandia ,Calgary Sun Thursday, June 14, 2012 06:01 PM MDT  Calgary’s housing boom is back with a new forecast predicting a 25% jump in housing starts this year and climbing prices, with growth fuelled by a red-hot economy. The Canada Mortgage and Housing Corporation (CMHC) is forecasting a 24.8% increase in new homes being built this year, soaring from 9,292 units in 2011 to a projected 11,600 in 2012. The corporation is also expecting the average ... Full Article...

Just sold this listing: "Gorgeous 2 bed, 2.5 bath penthouse loft in Mission offering one of the most unique floor plans in town. Recently renovated to increase the sq footage to almost 1500 sq ft. with soaring 20 ft ceilings, maple hardwood flooring, granite countertops, stainless appliances and much more. Amazing downtown views from both levels including the loft complete with entertainment room, bonus room, half bath and work space. Loft could also be used as a third bedroom if needed. No ... Full Article...

Taking fewer days to sell Calgary homes June 4, 2012. Calgary Herald by Mario Toneguzzi Here’s a sign of the increasing demand and strong activity in Calgary’s housing market these days. Across the board, it’s taking less time to sell a house than a year ago. According to the latest MLS data by the Calgary Real Estate Board, the average days on the market for all residential properties in the Calgary area dropped to 48  in May compared with 51  last year. In the city, DOM ... Full Article...

ACTIVE SPRING MARKET IN THE CALGARY REGION Low supply in the single-family market boosting activity across all sectors    Calgary, June 1, 2012 – May 2012 residential sales in the City of Calgary increased by 31.8 per cent over last year, to 2,385, making it the highest May activity since the recession. “In the past month, easing concerns regarding Calgary’s   long- term economic prospects combined with continued full-time job growth and low interest rates, has ...