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Tag Archives: Real Estate market outlook
More Bad Housing News!
Alberta Households At Risk! Apparently Alberta households are among the most vulnerable in Canada and have the greatest potential risk to negative economic occurrences. This is directly from a report released by TD Economics and says Alberta is second only … Continue reading
Mortgage Rates On The Rise – Should We Panic?
Surprise surprise, banks are raising their rates. OK, we all knew it was going to happen, but now it’s suddenly front page news? The only excitement about it was who the first lenders to jump the gun would be. So … Continue reading
Freaking Fear Mongerers
Heard it on the radio this morning. Couldn’t believe my ears. Some freaking economist in Ontario has come out with a report stating house prices could tumble 25% ACROSS CANADA. Which is exactly what the radio is reporting and as … Continue reading
Another Potential Dagger in the Real Estate Market Crash Theory
I was just reviewing some past news articles this morning and stumbled across a story for October last year I thought needed some reflection. The story was about a recent report from TD Canada Trust called the Boomer Buyer’s Report. … Continue reading
Sales Are Down, But Values Are Up?
First off, 2010 wasn’t just a bad dream, instead 2010 really was just an extension of the last few years which have really been a nightmare for Alberta Real Estate values. The official 2010 CREB statistics are out now and … Continue reading
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
Posted in Blogs Posts
Tagged Alberta economy, foreclosure, Real Estate market outlook, Real Estate stats
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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
Canada’s Housing Bubble To Burst – What a Great Panic Headline!
It sounds like this headline is showing up all across Canada. Variations of this headline have been triggered by a new report from the Canadian Centre for Policy Alternatives. In the report they talk about six major centers (two in … Continue reading
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
Bank of Canada Raises Rates Again!?
I don’t understand. I thought I understood it, but I must be missing something. What I’m talking about is the Bank of Canada rate increases. For the second straight time, the prime lending rate has increased. Sure, it was only … Continue reading
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
Posted in Blogs Posts
Tagged Alberta economy, Calgary Real Estate, Real Estate market outlook, Real Estate stats
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Actually, Not All House Prices are on the Rise!
You’ve seen the stats, you’ve read the news, and you are likely aware home prices are continuing the trend of increasing in Calgary and area. What they aren’t telling you is that it’s not every area of the city! The … Continue reading
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
Do the New Mortgage Rules Help?
With the recent headlines about the new mortgage rules you may have thought there were going to be some sweeping changes, fortunately these changes have only resulted in minor tightening. If you haven’t been paying attention, here are the changes … Continue reading
More Housing Bubble Insights
With today’s update on the changes to mortgages for homeowners this is plenty of questions forming about what is happening in the Real Estate markets. Is the current situation the start of a bubble? Are we getting into danger where … Continue reading