Marcus Arkan, CTO of Syndicate Mortgages opines about a recent post arguing that a rising condo market is the reason of the city’s thriving real estate environment. The original news article is posted by the Realtors Association of Edmonton and credits a tighter supply of listings helped boost home resale prices in March. The post also says that the housing market in the city has also “accelerated” in March faster than last year.
Read more: http://tinyurl.com/bo4ez3l
CALGARY, AB, May. 11, 2013/ Troy Media/ – For economists, the monthly Labour Force Survey is a highly anticipated report. Yesterday’s report should put some smiles on the faces of those tracking Alberta’s job market.
Read more: http://tinyurl.com/clwpp84
EDMONTON – Alberta’s economy received an injection of $15.1 billion last year from residential construction and renovation, according to a study released Friday by the Canadian Home Builders’ Association — Alberta.
Read more: http://tinyurl.com/cfvu6hg
A local senior residence wants to develop a six-storey building to meet the growing demand for senior housing in the city.
Located at 20 Hebert Road, St. Albert’s Rosedale Seniors’ Living plans to expand its services by adding another home next to its existing seniors’ residence.
Read more: http://tinyurl.com/bvrs3m5
Today’s Case-Shiller housing report came in stronger than expected, with average home prices across 20 metropolitan areas rising 9.3% from last year. That’s better than the 9% gain that had been expected.
Read more: http://tinyurl.com/bqln6kk
A Red Deer seniors housing foundation will receive more than $600,000 towards upgrading its three lodges as part of a larger provincewide financial investment.
Piper Creek Foundation will be among Central Alberta housing management bodies to receive dollars through an Alberta Municipal Affairs investment of $30.9 million.
Read more: http://tinyurl.com/cjwc2ke
CALGARY — Brookfield Residential is launching its second inner-city housing development in Bridgeland which will include 18 one-of-a-kind boutique-style town houses.
Working with Brookfield Homes, the company will build Mosaic Bridgeland at 731 McDougall Road N.E. It will feature two and three bedroom homes beginning in price in the $400,000s.
Read more: http://tinyurl.com/crmx9av
CALGARY, AB, Apr. 13, 2013/ Troy Media/ – While observers of Alberta’s economy have been captivated by the widening (and now narrowing) price differential of crude oil, the price for that other hydrocarbon has been quietly staging a comeback.
Read more: http://tinyurl.com/ctf5bng
Homes are more affordable now than they have been in decades, but that could turn more quickly than expected, because the affordability is based entirely on mortgage rates.
Read more: http://www.cnbc.com/id/100631625
CALGARY, AB, Apr. 6, 2013/ Troy Media/ – Forget wheat, barley and canola. The new farm cash crops in Alberta are of the fruity variety — and they are boosting farm cash receipts to new heights in 2013.
Read more: http://tinyurl.com/cdjv633