Tag Archives: Alberta economy

Town & Country Sales Fall, Luxury Home Sales Boom

It’s rather ironic to see the two headlines show up within a few days of each other and to realize both are occurring at the same time, but this is the current reality. It’s been explained that the slowdown in … Continue reading

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Alberta Mortgage Arrears Increase By a Factor of Five!

If you missed the headlines the other day, Alberta is now leading the nation in mortgage arrears with .74 percent of the mortgages in the province in arrears. Just to put that in perspective that means out of every 10,000 … Continue reading

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Rising Interest Rates Indicate a Solid Canadian Economy?

With the current state of the US economy, the fragile state of several European countries and the general malaise of the world economy, the Bank of Canada is sending a strong signal out about how solid the Canadian economy is … Continue reading

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Canada Housing Bubble – Really?

Will it ever end? The Canadian Centre for Policy Alternatives just came out with their report that states ”Canada is experiencing, for the first time in the last 30 years, a synchronized housing bubble across the six largest residential real … Continue reading

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Calgary Top City for Investing in Canada?

In a report by the Real Estate Investment Network (REIN) in early August, Calgary was ranked the number 1 city in Canada for Real estate investments. With the slower and shaky economy, the high price of home ownership, forecasts for … Continue reading

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Have You Noticed All the For Sale Signs, Again?

Here it comes again! It seems as if every street you drive down lately has another house listed for sale with the big shiny Real Estate companies sign out front. Aren’t we supposed to be recovering and home prices were … Continue reading

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Bank of Canada Increases Rates by .25% – Oops

First off, I missed this entirely. From everything I was seeing and hearing the economy was cooling. The housing markets had already stalled a bit after the recent changes to mortgage qualifying requirements in April, oil prices had dropped almost … Continue reading

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Interesting Article About Affordability in Calgary From the Herald

If you missed it, Garth Turner was in Calgary recently forecasting for Calgary’s bubble to burst another 20% in the near future. As always he had a loyal following turnout, but it appears he managed to hit a couple of … Continue reading

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Calgary Ranks as 23rd Most Affordable City in Canada

The Winnipeg based Frontier Centre released it’s report on housing affordability recently and proclaimed Calgary was ranked 23rd out of the 28 cities in their affordability index. The number one cities for affordability were Windsor and Thunder Bay. Can anyone … Continue reading

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Calgary Ranked Top Real Estate Investment City in Alberta for 2010 by REIN

I just received my copy of REIN’s Top Investment Towns in Alberta for 2010 and Calgary has been tagged as the Top Town in the province over the next 3-5 years. How exciting! Except that I am selling some of … Continue reading

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Do You Need to Revisit The Big Picture?

As we are on the back end of what has been termed the worst economic situation since the Great Depression, do we need to re-establish the Big Picture of what is happening in the world? Sure it’s fun lamenting about … Continue reading

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If It’s Thursday It Must Be Blog Post Day!

If it’s Thursday it must be blog post day! I just wanted to touch on what’s happening with the Real Estate market right now. We are continuing to see a trend where the gap between number of sales and number … Continue reading

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Where Is The Economy Heading?

I’m trying to post more consistently on Thursday’s these days as it is usually a quieter time for me. Also, if you haven’t noticed, I am starting to include an audio version of the posts. You can find it at … Continue reading

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