The Problem with ‘Average’ Pricing
Posted on Sep 05, 2018
When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered. The big real estate boards all issue monthly price reports that spell out what the average selling price was in the previous month and how that compares to the month, and the year, before.
But there’s a problem with trying to divine market...
But there’s a problem with trying to divine market...
How a Mortgage Pre-Approval Works ? The Problem with ‘Average’ Pricing
Posted on Sep 05, 2018
How a Mortgage Pre-Approval Works
Pre-approval means that a lender has stated in writing that you qualify for a mortgage loan based on your current income and credit history. A pre-approval usually specifies a term, interest rate and mortgage amount. A pre-approval is typically valid for a brief period of time and usually has a number of conditions...Media release: Unemployment rate slows housing market recovery
Media release: Unemployment rate slows housing market recovery
Posted on Sep 05, 2018
City of Calgary, September 4, 2018 – Easing sales, gains in new listings and elevated inventory levels continue to slow Calgary’s recovery in the housing market in August.
Persistent oversupply in the Calgary housing market continued to weigh on prices in August. Citywide benchmark prices edged down over previous months by 0.8 per cent and are 2.4 p...
