$1,111.20 in March – Alberta tops provinces for average weekly earnings
Alberta tops provinces for average weekly earnings, $1,111.20 in March
CALGARY — Alberta topped all provinces for average weekly earnings of non-farm payroll employees in March and had the second highest year-over-year growth rate in the country, according to Statistics Canada.
Calgary Home Prices on the Rise.
Calgary region new home prices on the rise
Top contributor in March to national advance
CALGARY — The Calgary region was the top contributor in March to the increase in new home prices across the country, says Statistics Canada.
The federal agency reported Thursday that the New Housing Price Index for the Calgary census metropolitan area rose by 0.3 per cent in March from February. It was up 0.1 per cent nationally.
Alberta forecast to lead Canadian economic growth in 2014
More great news supporting housing prices in Alberta!
Alberta forecast to lead Canadian economic growth in 2014
Real GDP to increase 4.2 per cent
CALGARY — Alberta’s economic growth this year will be second only to Newfoundland & Labrabor, but Wild Rose Country will top the nation in 2014, according to a new forecast by RBC Economics.
Calgary home price growth best in Canada at 7.72%
This is great news! Mostly the home prices are supported by the strong in-migration.
Typical price jumps 7.72% from last year
CALGARY — Home prices in Calgary grew at the fastest year-over-year pace in Canada in March, according to a report released Monday by the Canadian Real Estate Association.
The association, in its MLS Home Price Index, said Calgary’s resale market saw growth of 7.72 per cent in its benchmark price.
Spring Real Estate Market Underway in Edmonton
This is a GREAT article on how to look at things. Edmonton, just like Calgary, is seeing lots of in-migration which is also supporting their home prices.
Spring Real Estate Market Underway in Edmonton
Low inventory is causing rapid growth in the average price of real estate in Edmonton. The interesting thing is that the inventory is low because there are fewer new listings than we typically see at this time of year, not because of increased sales.
Tight market drives home prices higher
the reason for the tight market is the continuing in-migration of Canadians moving for high quality jobs. Where else would they go. IF the pipelines get approved it will only get tighter.
Tight market drives home prices higher
Real estate board reports average Calgary house sold for $518,400
CALGARY — A tighter market for resale homes led to faster sales as prices set new all-time highs in March, according to the Calgary Real Estate Board.
In Calgary, average housing unit prices including condos and townhouses were up nine per cent to $460,800 from $422,400 in March 2012. That’s more expensive than the record $457,100 in February, which upset the previous high mark of $452,600 set in July 2007.
Calgary ranks #17 on the list of top global financial centres!
AGAIN – this will cause more head offices to move here, creating or supporting continued housing demand and price support. Once a city hits about one million people the influx of in-bound migration continues.
Calgary ranked top Canadian city in which to live
Thanks to this kind of press Calgary has a high in-migration rate. All those people moving here need to live somewhere. Rents are high and that causes people to buy, supporting home prices. High quality jobs and high employment will keep this trend going.
City comes out on top in MoneySense magazine rating of 200 places across Canada By Mario Toneguzzi, Calgary HeraldCalgary is ranked as the top city in Canada to live.
CALGARY — Calgary has overtaken Ottawa as the best place to live in Canada, according to an annual survey by MoneySense magazine in a ranking based on hard data such as employment, housing prices, crime, weather and household income.
It is cheaper to buy than rent in Okotoks!
This is my guest blog post for Karen Salmon, a superstar realtor in Okotoks. The numbers are surprising. Also note the tax savings at the bottom apply to ALL those who have a roommate!
Is it Cheaper to Rent or Buy in Okotoks?
March 19, 2013
Have you ever wondered if maybe you’d be better off buying than renting? I had Mark Herman of Mortgage Alliance run the numbers on buying either a starter home in Cimarron or a two bedroom condo in the Mesa.