Smaller stature doesn’t have to mean lower expectations
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Smaller stature doesn’t have to mean lower expectations
Read more: http://tinyurl.com/mkwdxr4
Chestermere and Langdon provide open spaces, affordability and more.
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Airdrie outpaced all cities and towns near Calgary in single-family home construction during the first two months of 2014, says a federal agency.
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The proportion of Calgarians needing help finding affordable housing is about the same as it was 20 years ago, according to a report being presented to a city committee Tuesday.
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The Royal Bank of Canada says the ability of Canadians to keep up with housing costs has been improving of late, but warns that’s about to change.
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Like the merits of developing the oilsands a few hours north, how expensive or affordable it is to live in Edmonton is a topic sure to spark debate.
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Online mortgage company HSH.com recently estimated the salaries needed to afford a house in 25 metropolitan areas across the United States. Because, the cost of real estate varies across cities and regions — you need to be making about four times as much money in San Diego as in Cincinnati to afford a house.
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Today’s housing market belches new numbers almost hourly, and some seem counter-intuitive; that is precisely because the current housing market is driven by abnormal circumstances. Sales and prices are driven by investors, and credit is being manipulated by the Federal Reserve.
Read more: http://www.cnbc.com/id/101407818
Thanks to Hugh Pavletich and Wendell Cox co-authors of the Demographia International Housing Affordability Survey. This table shows that Vancouver BC continues to rank as the least affordable city out of the 35 largest Canadian cities with a multiple of 10.3 times median household income required to buy a median priced house. As of Q3 2013 the 6 cities ranked from least to more affordable are: Vancouver 10.3, Toronto 6.2, Montreal 4.7, Calgary 4.3, Edmonton 3.9 and Ottawa 3.8
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Once you’ve made your millions, it’s time to start investing in real estate. Move to California if you’re looking for some of the most desirable and expensive properties on the market.
Read more: http://tinyurl.com/ohje7d6