calgary real estate board: Slight Decline in Calgary Real Estate Benchmark Prices for April 2015
- 05/13/15 04:04 AM
A closer look on what's happening in the Calgary housing market for April 2015 gives us a glimpse of what's expected in the coming months for the Calgary real estate market. According to the Calgary Real Estate Board's (CREB®) latest Calgary Regional Housing Market Statistics, the Benchmark Price for all residential housing units in Calgary slightly declined to $451,600 in April 2015 from $459,100 in January of this year. This is also lower than $459,900 of November 2014, the most recent record high. These slight declines in figures indicate that after all, the housing market for Calgary is still well balanced … (0 comments)
According to the Canadian Home Builders’ Association's president for the Calgary region, Wayne Copeland, the increase in fees for land titles and mortgages came as a surprise. He said an additional burden will hit buyers as they cope with still other expenses.
Effective July 1, the flat fee rate for titling will increase from $50 to $75, while an increase from $1 to $6 will … (0 comments)
calgary real estate board: March reflects declining sales in Calgary resale housing market
- 04/03/15 02:01 AM
It's another month of declining sales for Calgary resale housing market. A report from the Calgary Real Estate Board (CREB) shows a 29.6% decline in March MLS sales to 1,747, compared with the previous year. In January, a decline of 38.9% was recorded; while a 34.2% drop was recorded in February. According to the senior analyst from Real Estate Investment Network, Don Campell, the increase in panic listing was seen in the market for the months of January and February, as expected. However, March figures show tempering of listing increase, compared with the previous year. He added that with lower sales … (0 comments)
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