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Click here for 2008 news

 

  December 2007

• December 31, 2007 - Calgary Herald
  Calgary housing’s "incredible increase" dominated news in 2007 read more...

• December 29, 2007 - Calgary Sun
  Cooling trend hits homes read more...

• December 29, 2007 - Calgary Herald
  Canadian homebuilders average build time increases read more...
  ’Breakneck’ home sales pace slows read more...

• December 27, 2007 - Calgary Herald
  Calgary’s growth and how to manage it will dominate council’s agenda in 2008 read more...

• December 22, 2007 - Calgary Herald
  Calgary resale price near top in Canada read more...
 

• December 21, 2007 - Calgary Herald
  Builders urged to improve fire safety read more...

• December 19, 2007 - Calgary Herald
  Housing starts booming outside of Alberta’s big cities read more...


• December 19, 2007 - Macleans Magazine
  Is it a bubble? It is about to burst? What really is going on in the housing market? read more...
  

• December 18, 2007 - Calgary Herald
  House prices to grow 4% next year read more...

• December 17, 2007 - Calgary Herald
  Calgary home prices expected to climb in 2008 read more...

• December 15, 2007 - Calgary Herald
  Dozens of new communities planned for Calgary read more...
  Construction declines, show home traffic improves in Nov read more...
  Redevelopment of 17th Ave SE launched read more...
  Vancouver developer buys land in Eau Claire read more...
• December 14, 2007 - Calgary Herald
  New home prices see first slide since 2006 read more...
  Prism condos add flair to International Avenue (17th Ave SE) read more...
  Calgary tenants pay most in nation read more...
  Mission condo conversion complaint sparks probe read more...

• December 13, 2007 - Investors Alert 
  Cardel Homes now has a clause in their contract not allowing buyers to sell within 1 year of purchase without Cardel having the option of re-purchasing it at the original price..  View the contract here. If anyone knows of any other new homebuilders with similar contracts, please email me

• December 13, 2007 - CREN (Calgary Real Estate News)
  The Canada-United States difference (Mortgages) read more...
  Housing starts remain stable in November read more...

• December 13, 2007 - Calgary Herald
  Calgary’s rent highest of major cities read more...
  Calgary house prices show month-to-month decline read more..
  Tenant suspects huge rent hike is part of condo conversion read more...
  Vacation properties double as nest egg read more...
  Value of real estate holdings surges read more...

• December 12, 2007 - Calgary Herald
  Alberta leads in home ownership growth  read more...

• December 11, 2007 - Calgary Sun
  Housing cools, but experts say economy remains strong read more...

• December 11, 2007 - Calgary Herald
  New home starts drop 48% over last November read more...

• December 8, 2007 - Calgary Herald
  Annexation land delay feared by developers read more...
  Second straight month for resale market decline read more...
  Buyers seek affordable housing read more...

• December 7, 2007 - Calgary Herald
  Credit crisis worsening, says Bank of Canada read more...
  Calgary No.1 for building permits read more...
  Priddis residents concerned over Spruce Ridge Estate development read more...
  City has ’no space’ for new mobile home park read more...

• December 6, 2007 - CREN (Calgary Real Estate News)
  40 year mortgages turn 1 year old in Canada read more...

• December 5, 2007 - Calgary Herald
  Sales of million-dollar homes surge in Calgary read more...
  

• December 4, 2007 - (CREB) Calgary Real Estate Board
  November 2007 Month End Statistics Package

• December 3, 2007 - Calgary Herald
  Home sales volume drops in November read more...
  Alberta home construction balloons read more...

• December 1, 2007 - Calgary Sun
  Speculation is market correcting read more...
  London at Heritage Station  read more...

• December 1, 2007 - Calgary Herald
  Alberta resale prices near Canada’s highest read more...
  Calgary house prices halt three month slide read more...
  GST cut affects new home buyers read more...

  November 2007

• November 30, 2007 - Calgary Herald
  Calgary housing market stabilizes  read more...

• November 28, 2007 - Calgary Herald
  Property tax blow softens for 2008 read more...

• November 25, 2007 - Calgary Sun
  Housing market cooling not expect to last read more..
  Alberta’s hot housing market cools, still scalding for buyers read more...
  Housing trends to follow the weather read more...
  

• November 17, 2007 - Calgary Herald
  Resale housing boom easing to normal pace read more...
  Home insurance policies need to be scrutinized read more...
  Construction pace increases 31% read more...
  Tips on buying vacation homes read more...

• November 16, 2007 - Calgary Herald
  Canadian housing market on pace for record year read more...

  - Calgary bucks trend as sales fall 8.1%
  - 20.5% increase on a 10-month-to-10-month basis
  - "Now that prices are starting to soften, there’s a lot of fence-sitting going on with people," noted Richard Goatcher, a Canada Mortgage and Housing Corp. market analyst. "It’s a totally different world now, in both Calgary and Edmonton."

• November 14, 2007 - Calgary Herald
  RBC takes $360M hit from US mortgage subprime mess read more...

• November 15, 2007 - CREN (Calgary Real Estate News)
  The changing face of assumed mortgages read more...

• November 13, 2007 - Edmonton Journal
  A boomtown cools down  read more...

• November 13, 2007 - Calgary Herald
  Calgary blitzes construction record read more..

Between January and October it issued building permits valued at $4.95 billion, eclipsing the nation-leading record Calgary set in 2006 of $4.76 billion.

• November 11, 2007 - Calgary Herald
  Calgary’s skyline reflects growth from Beltline to downtown read more...

Residential projects in the downtown core -- $228 million
Residential projects in the Beltline -- $774.6 million

 

• November 10, 2007 - Calgary Herald
  Primary focus now on secondary suites  read more...
  The Secondary suite solution read more...
  Price increases to slow after rising 285% between 1998-2008 read more...
  Rates for mortgages expected to rise  read more...
  Buyer’s seeking affordability are switching to condos  read more...
  Condo shorts - momentum moving West  read more...
  Buyers must be aware of what condo fees cover read more...
  Connaught popular with resale buyers read more...
  Vacancy rate to ease due to construction read more...
  Homebuilders refusing to sell to Realtors read more...
  
  
• November 9, 2007 - Calgary Herald
  Calgary catches condo fever read more...
  Gains in new home prices slow read more...
  
  
• November 8, 2007 - CREN (Calgary Real Estate News)
  MLS numbers indicate steady fourth quarter ahead read more...
  
  
• November 7, 2007 - Calgary Herald
  Alberta building boom easing read more...
  
  
• November 6, 2007- Calgary Herald
  Calgary new home prices expected to settle read more...
  Calgary listings soar as prices ease read more...
  
  
• November 3, 2007 - Calgary Herald
  Calgary defies Canadian housing trend read more...
  
  
• November 3, 2007 - Calgary Sun
  Calgary new home market returning to normal read more...
  
  
• November 2, 2007- Calgary Herald
  Calgary home prices continue downward slide read more...
  
  
• November 2, 2007- CREB (Calgary Real Estate Board) 
  October 2007 stats
  
  
• November 2, 2007 - Calgary Herald
  Home prices, sales plunge read more...
  
  
• November 1, 2007- Calgary Herald
  Rising rents crimp affordability
  Article 1       Article 2

  
    October 2007

  October 31, 2007- Calgary Herald
  New home construction to slow in 2008, report  read more...
  
  

  October 31, 2007- Calgary Herald
  Alberta home resales still booming read more...
  
  

  October 31, 2007- Calgary Herald
  Calgary rents soar in 2007 read more...

  October 27, 2007- Calgary Herald
  20 developments sparking rebirth of Victoria Park  read more...
  
  

  October 27, 2007- Calgary Herald
  Calgary resale listings soar read more...
  
  

  October 27, 2007- Calgary Herald
  Housing demand growing in Alberta  read more...
  
  

  October 25, 2007- CREN (Calgary Real Estate News)
  Home prices to hold steady throughout the year read more...
  
  

  October 22, 2007- TD Economic Report
  Alberta Market 2008 Outlook  read more...
  
  

  October 20, 2007- Calgary Herald
  Single family construction predicted to decline read more...
  
  

  October 20, 2007- Calgary Herald
  London at Heritage Station Condo Highrise getting ready to soar read more...
  
  

  October 20, 2007- Calgary Herald
  Multi-family construction activity nearly 3 times last year  read more...
  
  

  October 20, 2007- Calgary Herald
  Million dollar apartment condo project approved for Southeast (Millrise) read more...
  
  

  October 18, 2007- CREN (Calgary Real Estate News)
  Rental properties now need no money down read more...
  
  

  October 18, 2007- Calgary Herald
  Calgary housing forecast to be flat in 2008 read more...
  
  

  October 13, 2007- Calgary Herald
  Price decline doesn’t mean sky is falling read more...
  
  

  October 13, 2007- Calgary Herald
  Home buyer help read more...
  
  

  October 12, 2007- Calgary Herald
  Calgary house prices level off at plateau read more...
  
  

  October 11, 2007- Calgary Herald
  Calgary house prices show slight increase read more...
  
  

  October 9, 2007 - Calgary Herald
  Calgary condo construction continues to boom read more...
  
  

  October 6, 2007 - Calgary Herald
  Speculators seen as threat  read more...
  
  

  October 6, 2007 - Calgary Herald
  People camp out to buy suites at Waterfront project  read more...
  
  

  October 6, 2007 - Calgary Herald
  Million dollar mansions selling quickly  read more...
  
  

  October 6, 2007 - REIN (Real Estate Investing in Canada)
  Calgary Transportation Effect research report  read more...
  
  

  October 6, 2007 - Calgary Herald
  Accuracy aim of switch- emphasis on Median prices  read more...
  
  

  October 6, 2007 - Calgary Herald
  Condo buyers should consider fees  read more...
  
  

  October 6, 2007 - Calgary Herald
  Calgary house prices tell west side story  read more...
  
  

  October 6, 2007 - Calgary Herald
  National pace to ease for new home construction  read more...
  
  

  October 2, 2007 - Calgary Sun
  Canadian mortgages safe, despite US meltdown  read more...
  
  

  October 2, 2007 - Calgary Sun
  Calgary house prices drop $10k; Still 9.68% higher than last September  read more...
  
  

  October 1, 2007 - Calgary Real Estate Board (CREB)
  September Real Estate Stats read more...
  
  
  

    September 2007
  
  

  Sept 30, 2007 - Calgary Herald
  Report, Part 3: Rental conversion forcing out tenants  read more...
  
  

  Sept 30, 2007 - Calgary Herald
  Report, Part 2: Calgary rents out of control read more...
  
  

  Sept 29, 2007 - Calgary Herald
  Calgary resale home prices expected to level off read more..
  
  

  Sept 29, 2007 - Calgary Herald
  Report, Part 1: Calgary home price explosion locks out middle-class read more..
  
  

  Sept 28, 2007 - Calgary Real Estate News (CREN)
  Full financing now available for secondary homes read more...
  
  

  Sept 28, 2007 - Calgary Herald
  Calgary Economy - A good news/bad news story read more...
  
  

  Sept 28, 2007 - Calgary Herald
  Report: Calgarys housing market taking a breather read more...
  
  

  Sept 27, 2007 - Calgary Herald
  Homes taking longer to sell as supply grows read more...
  
  

  Sept 26, 2007 - Calgary Herald
  Mayor proposes cash for suites read more...
  
  

  Sept 17, 2007 - Calgary Herald
  Access to routes will hike property values read more...
  
  

  Sept 15, 2007 - Calgary Herald
  Calgary Real Estate market likely to shatter 2006 record read more...
  
  

  Sept 15, 2007 - Calgary Sun
  Calgarys housing market still near top read more...
  
  

  Sept 15, 2007 - Calgary Herald
  Calgary Real Estate market likely to shatter 2006 record read more...
  
  

  Sept 14, 2007 - Calgary Herald
  Housing market unsustainable. Gradual cooling expected read more...
  
  

  Sept 12, 2007 - Calgary Sun
  New house prices stalling, but still rose 9.8% in July read more...
  
  

  Sept 12, 2007 - Calgary Herald
  Housing markets cools from breakneck pace read more...
  
  

  Sept 8, 2007 - Calgary Sun
  Steady rates mean its a great time to buy real estate read more...
  
  

  Sept 7, 2007 - Calgary Herald
  Calgary real estate reversal. "Prices have gone up too high, too quickly
  read more...
  
  

  Sept 6, 2007 - Calgary Herald
  Red hot market chills in August read more...
  
  

  Sept 1, 2007 - Calgary Real Estate News (CREN) 
  Allow extra time for the approval process read more...
  
  

  Sept 1, 2007 - Calgary Herald
  National resale price to soar past $300,000 read more...
  
  

  Sept 1, 2007 - Calgary Herald
  House construction expected to decline read more...
  
  

  Sept 2007 - Calgary Real Estate Board (CREB)
  August 2007 Calgary Real Estate Stats
  
  
  

  August 2007

  August 27, 2007 - Calgary Sun
  House prices hit by correction. 2X number of homes for sale read more...

  August 23, 2007 - Calgary Real Estate News (CREN)
  MLS® home sales activity revised upwards read more...

  August 21, 2007 - Calgary Herald
  Alberta to set pace in house price growth, record MLS sales forecasted read more...

  August 16, 2007 - Calgary Herald
  Grow ops may be unfit for habitation even after renos read more...

  August 4, 2007 - Calgary Herald
  Calgary average home price surpasses $500,000 read more...

  August 2, 2007 - Calgary Real Estate Board (CREB)
  July 2007 Calgary Real Estate Stats
  

  July 2007
  
  July 28, 2007 - Calgary Herald
  Real estate market normalcy includes price hikes read more...
  
  July 28, 2007 - Calgary Herald
  Price rise history defies naysayers read more...
  
  July 19, 2007 - Calgary Real Estate News (CREN)
  Calgarys housing market remains robust read more...

  July 14, 2007 - Calgary Herald
  Buyers Dismayed - 1 in 4 unaware of closing costs read more...  

  July 14, 2007 - Calgary Herald
  Coventry Hills tops resales in Q2 read more...

  July 11, 2007 - Calgary Sun
  Housing starts plummet read more...

  July 6, 2007 - Calgary Herald
  "Normal" Calgary housing market in sight? read more..

  July 5, 2007 - Calgary Real Estate Board (CREB)
  June 2007 Calgary Real Estate Stats

  June 2007

  June 30, 2007 - Calgary Herald 
  Resales listings growth gives buyers time, home prices still rising read more...

  June 22, 2007 - Calgary Herald
  Home sales in Alberta avg $363,574 read more...

  June 12, 2007 - Calgary Herald 
  Calgary home prices leap 27% read more...

  June  5, 2007 -  Calgary  Herald
  Buyers choice. Homes on market up 82% as days to sell doubles read more...
  
  
  Buying or selling in or around Calgary? 

 

Mike Fotiou
First Place Realty
Realtor, CCS
Direct: (403) 554-2284
www.FindCalgary.ca