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Living an exciting lifestyle comes easy when you discover all that Calgary has to offer! Traditionally speaking, Calgary’s image is definitely linked to cowboys and 10-gallon hats, high-heeled western boots and everything oil might buy. Calgary is also home to the second-largest zoo in Canada, easily reachable via a modern, contemporary light rail system. Additionally, the Saddledome hosts many of the same attractions found in Toronto’s Air Canada Centre. Calgary is known as the city of the Flames, giving it virtually the same distinction as Toronto for being known as the city of the Maple Leafs. So, is your calendar clear? Let's do it!
The Calgary Home Team uses the most up-to-date tools to provide current, timely information to our clients. When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.
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The year-over-year value of homes in Calgary increased in January 2012 by 2.7 per cent, according to a new price measurement tool vetted by academia and financial industry experts, including the Bank of Canada.
The new MLS® Home Price Index (HPI) was recently introduced by the Canadian Real Estate Association in partnership with Canada’s five largest real estate boards, including Calgary.
The Calgary Home Team uses the most up-to-date tools to provide current, timely information to our clients. When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.
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Everyone talks about average MLS sale prices when it comes to the residential real estate industry as reported by the Calgary Herald.
But some interesting year-end data by the Calgary Real Estate Board recently indicates the most popular price points for the purchase of property in the city in the past year.
When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.
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A year has come and gone. We now face the year 2012 with its challenges and promises of profit. But to be profitable, we need to analyse recent history - by this I mean recent real estate history of 2011. Canadian realtor David Tsegai does just that in his article that went live just a few days ago.
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2011 started with a few signals of improvement in real estate market. The condo market, which was impeded and stagnating at its bottom a year ago, began to pop back up, mainly thanks to a planned University City project at the Brentwood Village Shopping Centre. However, the market still followed its weak trend. Two months later, the city’s future development became clearer.
First and Second Quarter: Recovering
In March, the Conference Board of Canada predicted that Calgary, driven by the energy sector, would be among top five cities for growth in gross domestic product in 2011, along with Windsor, Oshawa, Regina, and Saskatoon.The estimations of strengthening in the construction market show that there was no doubt: the Calgary market recovery was about to begin. Sales that increased for the second month in a row supported these expectations.
The demand for industrial real estate started growing when larger longer-term deals, a reduction in unoccupied, the availability of newly built space, and an overall increase in demand showed up. The average net rent for industrial real estate in Calgary was $7.84 per square foot in the first quarter of 2011, increased from $7.35 a year ago.
“Since the recession began two and a half years ago, we have been slowly absorbing leftover vacancies from the boom times,” said Sean Bradley of the Advent Commercial Real Estate Group. And that was just a beginning of the positive momentum in Calgary’s housing market. In the first quarter of 2011, the Calgary downtown office market occupancy achieved higher levels than during the height of the real estate market in the second quarter of 2008. Lower mortgage rates and improving economic conditions also contributed to the improving results. Employment grew by 16,600 jobs annually in March.
Oil companies continued to grow, starting new projects and influencing the real estate market. The unemployment rate continued decreasing, and according to the Business Barometer Index (BBI) that represents the level of future economic growth, Alberta was about to reach the highest level of all Canadian provinces, with 71.6 BBI. “Sitting on the second-largest proven crude oil reserve in the world next to Saudi Arabia with an estimated 171.3 billion barrels—enough to meet Canada’s current oil demand for almost 400 year—is an obvious cause for economic optimism,” explained Business Review Canada.
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For the whole article, visit the site of David Tsegai, a Calgary realtor.
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Ready to take on another kitchen project? Refacing your kitchen cabinets includes covering the exposed frames with a thin veneer of real wood or plastic laminate. Doors and drawer fronts are replaced to match or complement the new veneer. New hinges, knobs, pulls, and molding complete the transformation. With some help from HouseLogic, let's look at the pros, the cons, and the options.
When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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