Calgary’s residential resale housing market is showing some strong signs of activity so far this month.
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Tag Archives: housing market
Is Your Housing Market Booming, Rebounding, Humming, or Struggling?
The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed.
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Housing market climbing
A report released by the Grande Prairie & Area Association of Realtors shows the city’s steady housing market continues to climb.
The report showing November 2012 sales indicates a 12-month average of just under 150 units sold per month.
The number of units sold in October and November shows a decline, however the association’s executive director Karen Bilodeau said that slump is seasonal and the number of houses sold drops along with the mercury.
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Luxury home sales boosting Calgary average MLS prices
More than two weeks into the month of December and it’s evident that the luxury home market in Calgary is once again driving average MLS sale prices in an upward direction.
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Don’t expect Canada’s housing market to have U.S.-style meltdown
Canada’s housing market is faltering just as the U.S. market roars back to life.
This sudden reversal of the narrative that has prevailed since the U.S. housing bust in 2006 is about to make Mark Carney’s interest rate juggling act much trickier.
Read more: http://tinyurl.com/8shh6ho