Calgary gets closer to the 1.1M people mark says City of Calgary census.
http://www.calgaryherald.com/technology/City+census+shows+Calgary+population+continues+grow/5167406/story.html
Construction has been temporarily haulted on the Luna project due to safety concerns on the building site.
http://www.calgaryherald.com/news/Construction+halted+province+investigates+after+debris+falls+from+Luna/4679417/story.html
Defendants claim BMO is at fault for running a loose ship and not properly monitoring their transactions during the boom times.
http://www.calgaryherald.com/business/Defendants+massive+mortgage+lawsuit+blame+letting+fraud+happen/4526389/story.html
Latest reports from Teranet-National Bank Index which showed prices softening slightly over the winter months. I'd say seasonality and "stale" inventory are primary causes in the Calgary market.
http://www.calgaryherald.com/business/real-estate/Calgary+house+prices+decline+November/4170599/story.html
Comments from the Globe about the latest changes to insured mortgage lending and how it will impact the market, along with comments on overall household debt and its implications moving forward.
http://www.theglobeandmail.com/report-on-business/economy/housing/debt-worries-trump-home-sales/article1872727/
Don Campbell expresses his outlooks for 2011, which is bullish in some markets and bearish in others.
http://watch.bnn.ca/squeezeplay/january-2011/squeezeplay-january-5-2011/#clip397203
Article from the Globe about how Canada avoided a crash and bubble with a quick look into 2011.
http://www.theglobeandmail.com/report-on-business/economy/economy-lab/daily-mix/how-canada-avoided-housing-bubble-and-crash/article1831359/
Interesting aritcle about the Louise Station development by LaCaille Group. Louise Station development created a fire/EMS station, affordable housing tower, multiple commercial/office spaces and a private resale condo building called Solaire. The builder, who's been around for decades, received the land for an incredib...le price for the joint venture. They also picked up an option on another lot (with a old, tear down) in the deal. The lot is located in a prime Eau Claire location (unlike Loui ...
Full Article...
Here's an article from the Globe and Mail indicating we might be reaching a balanced market in Canada....not too hot, not too cold.
http://www.theglobeandmail.com/report-on-business/top-business-stories/why-housing-market-may-be-having-goldilocks-moment/article1799193/
The Leaf Ninjas are a group of young environmentally focused people looking to create change and provide exceptional lawn care. You have to check out this website!
www.leafninjas.ca
Rob Carrick answers questions directly from readers!
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/how-much-house-can-you-afford/article1769476/
Article forecasting the housing market as it related to consumer spending and consumer credit.
http://www.theglobeandmail.com/report-on-business/top-business-stories/house-prices-credit-revisit-recessionary-trends-cibc/article1718533/
This article raises a number of interesting points. Well worth the read!
http://www.theglobeandmail.com/report-on-business/economy/housing-market-remains-vulnerable/article1704879/
Great little article on some of the drawbacks of owning a condo. Every owner should be aware of them.
http://www.househunting.ca/calgary/condos/Condo/3404056/story.html
Great online article from Avenue Magazine Calgary which goes through the 15 "best communities" to live in (as per their research) and also highlights the most pedestrian friendly, safest, friendliest, best curb appeal and best for parks/rec! Enjoy!
http://www.avenuecalgary.com/articles/page/item/calgary039s-best-neighbourhoods
Here's a small article from G&M stating that house prices in Canada are still strong. It cites the Teranet-National Bank index and compares is to our US counterpart.
http://www.theglobeandmail.com/report-on-business/top-business-stories/house-prices-now-42-over-peak-a-regional-breakdown/article1654509/
Canadians are leading the pack with foreign investment in US real estate
http://www.theglobeandmail.com/report-on-business/canadians-snap-up-us-properties/article1638310/
Although all the banks have increased their lending rates some, like BMO and RBC, have lowered their rates.
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/bmo-lowers-mortgage-rates/article1629048/
A cheif economist from Gluskin Sheff view point on the Canadian real estate market. Also cites a less weary view point from BMO.
http://www.theglobeandmail.com/report-on-business/top-business-stories/why-david-rosenberg-sees-a-cold-spring-for-real-estate/article1607523/
This is a good article on why you should always have a home inspection done on most properties. I always recommend having an inspection done prior to removing conditions!
http://www.theglobeandmail.com/globe-investor/personal-finance/what-to-expect-when-youre-inspecting-a-home/article1599654/
Interesting outlook for Calgary and Alberta put out by the City of Calgary. Focuses on risks that are present and potential upside/downside
http://www.calgary.ca/docgallery/bu/finance/economics/socio_economic_outlook/socio_econ_outlook_2009_2019_vol_1_exec_summary.pdf
Housing starts are down this month, good thing to keep an eye on for overall market conditions. Article from Globe and Mail.
http://www.theglobeandmail.com/report-on-business/housing-starts-unexpectedly-fall/article1595963/
Good article about the pitfalls of mortgage life insurance. It might not be enough protection for you and your family.
http://www.theglobeandmail.com/globe-investor/personal-finance/do-you-want-to-protect-your-lender-or-your-family/article1587006/
Here's an article from the Globe and Mail about housing affordability in Canada. It says that for the most part house's have become less affordable, with Alberta being the exception.
http://www.theglobeandmail.com/report-on-business/economy/home-ownership-costs-rise-across-canada/article1579750/
This is an great article from Jesse Semko at Avenue Calgary Magazine. Check out the full article online!
http://avenuecalgary.com/articles/page/item/the-future-face-of-calgary
Financial auditors have found there to be tens of millions of dollars in mortgage fraud found in Alberta. The intricate web was created by insiders at BMO, mortgage brokers and real estate agents. The technique used was through a scam using a "straw buyer". Please click the link below for the full story.
http://www.cbc.ca/canada/calgary/story/2010/05/04/mortgage-fraud-bank.html