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CREB Forecast: ~3% increase in rural properties, ~4% in condos, ~6% residential. Sounds promising. Economists noted the first part of the year will be better than the latter half & recovery is still slow. 2011 to realize more of the 'recovery'.
Our economists panel predict a 2% increase in the Bank of Canada rate late 2010 into 2011. Remember we are at an 'emergency' rate of 0.25% & they are expecting to move ahead in the recovery process to move us to 'low' interest rates.
Economist Adam Legge ...
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posted in General
at Thu, 21 Jan 2010 20:44:08 +0000
Vote for Calgary at www.monopolyvote.va . They are creating a Monopoly game & the cities going on the board game are to be chosen by voting. I think it must be advertised in Quebec as the most remote Quebec cities are listed as top cities. Right now Edmonton is beating Calgary, so I have bookmarked to vote. 3 votes a day, each has to be a different city. Vote!
posted in General
at Wed, 13 Jan 2010 16:46:58 +0000
Currently Calgary Housing Inventories are low. We have 3362 Calgary listings, 2132 single family homes & 1230 Condo Listings. Historically, the listing count at the end of the year has been as follows:Dec 31, 2009 - 3258 listings (2054 SF, 1204 Condos)Dec 31, 2008 ? 5723 listings (3860 SF, 1863 Condos)Dec 31, 2007 ? 4899 listings (3364 SF, 1535 Condos)Dec 31, 2006 ? 3614 listings (2623 SF, 991 Condos)Dec 31, 2005 ? 1972 listings (1446 SF, 526 Condos)* spring ?06 was the real estate ...
posted in Listings
at Thu, 07 Jan 2010 21:43:47 +0000