Tag Archives: growth

Real estate sales steady, board expects ‘measured growth’

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There has been no significant increase but no back slide either, as home sales in Medicine Hat have held steady throughout the first month of 2013.

The sales ledgers show a total of $20,131,302 in January. That number is down $1,621,048 from the same 31-day period in 2012.

Fifty-nine fewer residential properties were put on the market in January, however sales almost made up for that. A total of 88 homes were sold, as compared to the 89 sold in January of 2012.]

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When did ‘growth’ get bad rap?

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“Since when was growth a bad word?” asks the new chairwoman heading up Calgary’s chapter of the Urban Development Institute.

Karin Finley isn’t there to polish off the tarnish, but rather to ask what are the alternatives and solutions to polarized opinions of growth, helping Calgarians deal with the continued rapid expansion of our population.

Read more: http://tinyurl.com/cyefwkd

Realtors predict solid year for 2013

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With sales of single-family homes jumping by 34 per cent in Sylvan Lake but dropping by 17 per cent in Stettler last year, it’s tough to generalize about the health of Central Alberta’s real estate market. But Ken Devoe, president of the Central Alberta Realtors Association, offered an optimistic diagnosis on Thursday.

“The 2012 real estate market was one of good growth,” he said at a Red Deer news conference organized by the association.

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Real GDP grows in Canada

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CALGARY — Real gross domestic product in Canada grew 0.3 per cent in November, following a 0.1 per cent rise in October, according to Statistics Canada.

The federal agency reported Thursday that most major industrial sectors increased production in November. Goods production increased 0.6 per cent while the output of service industries rose 0.1 per cent.

Read more: http://tinyurl.com/b6dcbh5

Lamphier: Strength of China’s economy inspires divergence of opinion

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More than a decade after China’s explosive growth began to trigger news headlines in the West, there remain two distinct schools of thought.

In one camp are those who say China’s continued ascent — and its eventual crowning as the world’s largest economy — is inevitable.

In the other are those who see the recent decline of the U.S. economy, and Uncle Sam’s reduced stature globally, as a mere historical blip, and that the idea of “American exceptionalism” (i.e., the spread of U.S. democratic ideals and free market principles) will soon reassert itself.

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Investment in Calgary office properties poised for growth

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CALGARY — Calgary’s office property investment performance outshone all other sectors and markets by a significant margin over the past year, says Morguard Corporation’s 2013 Canadian Economic Outlook and Market Fundamentals report.

And Calgary’s office sector appears poised for another period of growth over the near term.

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IMF sees hope for Canadian, global economies despite a challenging year ahead

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OTTAWA — The Canadian and global economies will continue struggling to maintain momentum this year, but in a relatively hopeful new outlook, the International Monetary Fund says it sees light at the end of the tunnel.

The IMF now expects Canada’s economy will expand by a modest 1.8 per cent this year — two-tenths of a point weaker than it forecast three months ago — and by 2.3 per cent in 2014, off one-tenth of a point.

Read more: http://tinyurl.com/apuhbb3

 

MLS sales growth outside Calgary outpaces city in 2012

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CALGARY — Home sales growth in the surrounding towns and cities far outpaced the growth in the city of Calgary in 2012, ending the year up 21 per cent, according to the Calgary Real Estate Board.

Overall in Calgary, MLS sales grew by 14.66 per cent in 2012 compared with the previous year.

Read more: http://tinyurl.com/b3d469t

 

Think Local Market looks to grow

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The brains behind Think Local Market, Melanie Bekevich-Joos, attended the County of Grande Prairie council meeting Monday to discuss how her local-minded business could boost sales for local entrepreneurs.

ThinkLocalMarket.com is a municipality-funded website that provides an online vendor for local producers in 14 communities throughout the region.

Municipalities, such as the County and City of Grande Prairie, need to purchase annual memberships so that their ratepayers can take advantage of the service.

Read more: http://tinyurl.com/ar4s6q6

 

Variety of projects planned in town’s 2013 budget

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Highlights of the Town of Sylvan Lake’s budget, which was passed unanimously by councillors Monday night, include:

• a municipal census is planned for 2013 at a cost of $27,000.

• a new parade float is budgeted at $30,000.

• detailed design of a new fire hall will be completed early in 2013 with construction planned to begin in the fall. The budgeted cost of construction is $3.8 million.

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