How much housing you can buy with a million dollars very much depends on what city you are looking to buy in.
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How much housing you can buy with a million dollars very much depends on what city you are looking to buy in.
Read more: http://tinyurl.com/lxyo2sg
The year-end numbers are in, and home construction improved dramatically in 2013. Both single- and multi-family housing starts were up, by 15 and 25 percent, respectively, according to the U.S. Census. Add it all up and total housing construction rose 18 percent from 2012 to the highest level since 2007.
Read more: http://www.cnbc.com/id/101345432
LONDON (Reuters) – High levels of home ownership are strongly linked to subsequent rises in unemployment because labor mobility becomes reduced, according to new research.
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CALGARY — Calgary’s red-hot housing market was sizzling in August as records were set for the most luxury home sales ever for the month, the highest median and average sale prices for the month and the second highest ever total MLS sales during the month.
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President Barack Obama will use Phoenix, Arizona as a backdrop to tout his administration’s accomplishments in the housing recovery and to admit that more work needs to be done, according to a White House release.
Read more: http://www.cnbc.com/id/100940811
With the release of CREB®’s monthly stats, Calgary’s residential sales totaled 2,268 units in July, a 17 per cent increase over last year and a six per cent increase year-to-date.
CREB®’s Chief Economist Ann-Marie Lurie said recent flooding likely contributed to sales activity.
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Progress is being made on a controversial boarding house in the Grandin section of St. Albert, says city manager Patrick Draper.
The St. Albert Gazette recently received e-mails, letters to the editor and phone calls about a home in the Gould neighbourhood that, while zoned as a single-family dwelling, was in fact being used as a de facto boarding house for dozens of construction workers, complete with cook and housekeeper.
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EDMONTON – The president of the Ermineskin Community League said Monday he plans to run for mayor to fight the planned redevelopment of surplus school sites.
The city is looking at selling land set aside decades ago for new schools that now aren’t needed and allowing such projects as multi-family developments, houses with secondary suites and seniors’ facilities.
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A drop in both resale and new spec homes in Calgary has fuelled a climb in housing construction this year, says a federal agency.
Through the first four months of 2013, the Calgary census metropolitan area saw a nine per cent increase in construction of single-family homes compared to the same period in 2012, says Canada Mortgage and Housing Corp.
Read more: http://tinyurl.com/crozd7q
Nearly nine-in-10 Albertans (89%) surveyed say buying a house or condo is a good investment, higher than the national average (84%), even as home buying intentions have dropped from a year ago (22%, compared with 31%), according to the 20th Annual RBC Homeownership Poll.
Read more: http://tinyurl.com/cxqvrqt