Calgary housing market experiencing positive momentum

CALGARY — Calgary’s housing market is experiencing positive momentum and is a “lone shining star” in the Western Canadian real estate market, according to a report by TD Economics.

In the first edition of its Metro Beat, reviewing economic trends on a quarterly basis, TD called Calgary’s situation ideal in comparison to what’s happening in Vancouver with the resale housing market seeing sales decrease there by 26 per cent in 2012.

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Cochrane Tourism Assoc. gearing up for 2013

The Cochrane Tourism Association (CTA) is deep into planning its 2013 marketing campaign and building upon the momentum of the past year.

The CTA continues to fortify its strong foundation of multi-media tools and sponsorships to make Cochrane a destination for tourists.

“We have the basic framework for most everything that we’re going to do,” said Cheryl Hardy, CTA president. “Of course there are always new things that pop up and we look at them as they arise.”


Canadian commercial markets post strong first half of 2012, as investor enthusiasm gains momentum, says RE/MAX

MISSISSAUGA, ON, Oct. 17, 2012 /CNW/ – While residential housing sales may be slowing in some parts of the country, demand for commercial real estate continues to climb, according to a report released today by RE/MAX.

The RE/MAX Commercial Investor Report, highlighting trends and developments in nine Canadian centres—Greater Vancouver, Calgary, Edmonton, Regina, Winnipeg, London, Greater Toronto, Ottawa, and Halifax-Dartmouth—found that almost all markets saw an increase in commercial sales and dollar volume over the six-month period ending June 30, 2012.  Canadian and foreign investors are behind the push, snapping-up apartment buildings and small strip malls given continuing low interest rates and a generally bullish tone for the Canadian economy.  Private investors, in particular, have gained a serious foothold in recent years, spurring demand for entry-level properties such as multi-unit residential, suburban and urban retail storefronts, and smaller office buildings.

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