CALGARY – Housing starts in the Calgary region soared in February compared with a year ago on the strength of a whopping increase in the multi-family sector, according to Canada Mortgage and Housing Corp.
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CALGARY – Housing starts in the Calgary region soared in February compared with a year ago on the strength of a whopping increase in the multi-family sector, according to Canada Mortgage and Housing Corp.
Read more: http://tinyurl.com/okwpfjl
The pace of new home construction ticked slightly higher in February as a big increase in condo construction offset a slowdown in single family homes.
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The Case-Shiller 20-City home price index was up 0.75% month-over-month in December, and up 13.42% year-over-year in December.
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NAIT students may finally have a place to call home during their education stay, as the city polytechnic embarks on an ambitious plan for a new student residence.
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CALGARY – Short-term expectations are positive for housing starts in the Calgary region, according to the Conference Board of Canada.
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Finding a place to rent in Calgary is not easy and it is not expected to improve anytime soon according to the CMHC.
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U.S. housing starts recorded their biggest drop in almost three years in January, likely weighed down by harsh weather, but the third month of declines in permits pointed to some underlying weakness in the housing market.
Read more: http://www.cnbc.com/id/101427355
EDMONTON – A controversial McCauley social housing project is expected to open in June more than two years after local residents went to court to stop construction.
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Ask any real estate agent east of Nevada, and they’ll blame slower home sales this winter squarely on harsh winter weather.
Investor demand, large and small, put a floor on home prices after the housing crash and ignited a recovery. While institutional investors made up a small percentage of those home buyers, they have garnered the most attention because of the bulk purchases they made and because they are a new entrant to the housing market. The concern now is what will happen if and when they decide to pull out?
Read more: http://www.cnbc.com/id/101411222