Before the U.S. housing bubble burst, there was an implicit widespread belief that home prices could never fall. Lenders and borrowers both believed this, and it’s this mentality that helped fuel the bubble.
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Before the U.S. housing bubble burst, there was an implicit widespread belief that home prices could never fall. Lenders and borrowers both believed this, and it’s this mentality that helped fuel the bubble.
Read more: http://tinyurl.com/mvurtmb
CALGARY – The Calgary region posted the highest year-over-year hike in new home prices in December, according to Statistics Canada.
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Home prices were up 11% in December year over year as 2013 marked the strongest year for home price gains since 2005, market watcher CoreLogic says.
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The annual Demographia Housing Affordability Survey (DHAS) is an extremely comprehensive study of global housing affordability, reporting on 360 metropolitan markets in nine countries, including Canada.
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A new study predicts that natural gas prices will remain stable over the next two decades due to sustained levels of shale production.
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U.S. home prices fell slightly in November as colder weather slowed buying, ending nine straight months of price gains.
Read more: http://www.cnbc.com/id/101369512
Sales of residential properties in the Edmonton area were up eight per cent from 2012, according to a report from the Edmonton Multiple Listing Service System.
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CALGARY – A number of factors has pushed new home prices in the Calgary region higher with a forecast of the average absorbed price for a single-detached property to rise to nearly $600,000 this year, which would be a record.
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Home prices finished 2013 up 11.5% for the year, marking the best performance since 2005, market researcher CoreLogic predicts.
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CALGARY – A booming luxury market has pushed Calgary house prices to unprecedented levels.
Read more: http://tinyurl.com/kfdysof