Housing markets about to get squeezed

Posted on September 13, 2013 by Joe

The Federal Housing Finance Agency plans to reduce the maximum size of mortgages backed by Fannie Mae and Freddie Mac this January.

Read more: http://tinyurl.com/kw92x6j

Starts Up In Calgary

Posted on September 11, 2013 by Joe

Calgary’s actual housing starts increased by 52 per cent in July, boosted primarily by increased activity in the city’s multi-family sector.

Read more: http://tinyurl.com/o4ynkqm

Housing starts lower in August

Posted on September 10, 2013 by Joe

EDMONTON – Multi-family housing starts in the Edmonton census metropolitan area cooled in August, according to the Canada Mortgage and Housing Corp.

Read more: http://tinyurl.com/oa4mvdg

Calgary region sees total housing starts decline in August

Posted on September 10, 2013 by Joe

CALGARY – Total housing starts in the Calgary region were down in August, according to Canada Mortgage and Housing Corp.

Read more: http://tinyurl.com/nzkps24

Edmonton-area housing market still strong

Posted on September 4, 2013 by Joe

EDMONTON – Edmonton-region home prices showed a moderate upswing in August compared to a year ago, according to statistics released Wednesday by the Realtors Association of Edmonton.

Edmonton leading province’s new home construction

Posted on August 30, 2013 by Joe

EDMONTON – The latest economic outlook from the province shows Edmonton has surpassed Calgary in housing starts this year, becoming the leader in new home construction in Alberta.

Two new housing developments on the horizon

Posted on August 29, 2013 by Joe

High River councillors gave the first nod of approval to a proposal to build 250 ready-to-move homes in North Eagleview.

Read more: http://tinyurl.com/pg5t4qv

The Economy Invariably Manages To Grow Long After The Housing Market Peaks

Posted on August 27, 2013 by Joe

There is so much angst over the run-up in mortgage rates, the impact on housing, and the subsequent effect on the overall economy. I continue to field so many comments on how the economy can manage to survive without a vibrant residential real estate market. The answer is simple. The economy invariably manages to grow in an economic cycle long after the housing market peaks. It has always been the case, and the current situation is no different.

Read more: http://tinyurl.com/ma7qymg