Thats Calgary Information About Calgary, Alberta

4Jul/11Off

Counter to Capital Economics Report

Last week local media reported on the current real estate market, referring to the Capital Economics’ Canada Economic Outlook . (Click here to read the article in the Calgary Herald – “Canadian housing bubble close to bursting: Capital Economics.”) A 25% decline in … Continue reading →
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4Jul/11Off

Counter to Capital Economics Report

Last week local media reported on the current real estate market, referring to the Capital Economics’ Canada Economic Outlook . (Click here to read the article in the Calgary Herald – “Canadian housing bubble close to bursting: Capital Economics.”) A 25% decline in … Continue reading →
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27Apr/10Off

CMHC and the Canadian Housing Bubble

I was browsing CMHC’s website looking for more details about their newest poll (which stated that the vast majority of Canadians are not only comfortable with their level of debt, but 2/3 think they will pay their loans off sooner than required)  when I stumbled upon a page entitled, the State of Canada’s Housing Market.  Interested, I [...]
Filed under: calgary housing bubble, Calgary Real Estate Discussion, canada housing bubble, CMHC Comments Off
7Apr/10Off

Priced Out

The housing market should slow next year from its recent, blistering pace, but don’t expect homes to become more affordable. Home builders and Realtors say demand is so strong — due to tough zoning laws, higher-than-expected immigration, a firming economy and baby boomers’ buying power — that they don’t see much moderation ahead. Despite warnings [...]
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11Jan/10Off

Bank of Canada: ‘Premature’ to talk of Canadian housing bubble

David Wolf, an adviser to Bank of Canada’s governer, Mark Carney, spoke in Edmonton today about Canada’s housing market.  I found some of his comments peculiar to say the least.  Here are some excerpts from his speech: “In the Bank of Canada’s view, it is premature to talk about a bubble in Canadian housing markets. Recent [...]
Filed under: calgary housing bubble, Calgary Real Estate Discussion, canada housing bubble Comments Off
16Nov/09Off

Mid-November 2009 Market Update

I think it’s fair to say that any comparison to last years sales levels shouldn’t be given much weight since the global financial system was then teetering on the brink of collapse with consumers hunkering down. So how does this November stack against previous years so far? SFH inventory is barely staying above 2900 – it’s lowest [...]
Filed under: calgary housing bubble, Calgary real estate, Calgary Real Estate Discussion, canada housing bubble, november home prices, november home sales Comments Off
18Oct/09Off

Propped Up Market?

A year ago this week, the plug was pulled on controversial 40-year mortgages as the federal government tightened mortgage rules. The Canadian Association of Accredited Mortgage Professionals estimated that 37% of all new Canadian mortgages taken from the one-year period ending in the fall of 2007 were longer than the standard 25-year amortization period.  And according to [...]
Filed under: 40 year mortgages, calgary housing bubble, Calgary real estate, calgary real estate bubble, Calgary Real Estate Discussion, chmc Comments Off
   

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