Alberta Real Estate Association Market Report - January

February 27th, 2017
Homes provide shelter and refuge, but they are also most Albertan homeowners’ single largest investment. Housing represents 47% of total assets for the average Alberta family – much higher than stock market investments and pension plans combined (29%). Why is this important? Because homeownership benefits the economy as a whole, as well as individual homeowners. Let’s look at this in the cont ...

How to buy a home you can sell

February 21st, 2017

Typically when you buy a home, the last thing on your mind is selling that home.  But it should be something you are thinking about because there is no worse feeling than buying a home that is difficult to sell.  Here are a few factors to take into consideration to help you buy a house that you can sell!

Location

This should come as no surprise since we all know that location is so importan ...

January market improves over last year (CREB Report)

February 6th, 2017

For the fourth consecutive month, housing inventory levels have recorded year-over-year declines. At 4,112 total units, January's inventory was 18 per cent below last year's levels. 

"While housing conditions continue to favour buyers, a slow transition toward more balanced conditions is helping to ease downward pressure on home prices," said CREB® chief economist Ann-Marie Lurie. "Condition ...

February Preferred Client Update

February 2nd, 2017

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CMHC to Hike Mortgage Insurance Premiums as of March 17

The Canada Mortgage and Housing Corporation will charge borrowers a few dollars more every month to insure their mortgages, starting in March.

By law, anyone putting down less than 20% of the purchase price of a home in Canada must pay mortgage insurance, even though the homeowners themselves don’t benefit from that coverage. Rather, it ...