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)
real estate investment network: 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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Buying a home in Alberta will never be the same again. During these times of declining Calgary real estate sales, an additional $1,000 expense will be added to the cost of purchasing an average home in Alberta. 
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