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Patience required in Calgary’s housing market recovery

Posted on Aug 01, 2018

City of Calgary, August 1, 2018 –Recent struggles in the job market, accompanied by yet another interest rate increase, is piling on to the decisions potential purchasers have to make in the housing market. The month of July saw 1,547 units sold in Calgary, nearly five per cent below last year. New listings eased to 2,964 units, causing inventories...

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Roof Protection

Posted on Jul 04, 2018

Your roof plays an important role in protecting your home and its contents.
Hail, wind and other types of severe weather can damage your roof. If you have one layer of asphalt shingles on your roof, it may be more susceptible to hail damage than two layers. 

Each spring and fall, be sure to get out your binoculars and inspect your roof from the ground...

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Alberta Economy has Recovered Two-Thirds of Recession Losses

Posted on Jul 04, 2018

Alberta’s Finance Minister says the province’s with a lower-than-expected deficit last year thanks in part to higher resource revenues.

The government’s 2017-18 annual report shows Alberta ended the fiscal year with an $8 billion deficit. That’s $2.5 billion lower than what was expected in last year’s budget.

The government says it’s on track to retu...

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Weak sales persist in Calgary and beyond

Posted on Jul 04, 2018 in Statistics

City of Calgary, July 3, 2018 –Many Canadian energy-related municipalities within Alberta and Saskatchewan have seen housing markets struggle over the past few years, resulting in price declines.

The recent mortgage rule changes and higher lending rates are factors weighing on demand and prices across some of those areas.

"While our economy is no lon...

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Posted on Jun 19, 2018

SOLD!! 20 Valley Meadow Close NW. 
Seriously, you will never see a more beautifully staged home. These buyers definitely lucked out as this home has one of the best locations in the community within its price range!
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You have NO idea what I had to do to take a photo of the sign with the red Sold Sign on top! It took some #innovation since the sign wa...

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Tapping The Home for Retirement Income

Posted on Jun 04, 2018

Should I Stay or Should I Go?

With many Canadians heading toward retirement carrying debt, those who own homes may be forced to turn to their lodging for extra income.
 

However, some may not be eligible for home equity loans, leaving them with choices that include downsizing or a reverse mortgage. A survey on debt by Manulife Financial Corp. found tha...

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