Today I wanted to address a few big news items in Calgary that recently came about.First, oil prices appear to be on the rebound after OPEC’s commitment to reduce production by about 1.2 million barrels per day. The second item is the big cha
To see the November 2016 report, click here.When we look at the market, we like to compare data like benchmark price from this year to the same time last year. Let’s take a look at the how they have changed in our surrounding area this month
I wanted to talk today about the new tax changes to the principal residence program that will affect all Canadian homeowners.Recently in the news, there has been a lot of talk about loopholes in our tax system benefiting foreign investors and
Sometimes, it really pays to go against the crowd.As you probably know, spring is the season when most people around Calgary put their homes on the market. Summer is the high season, and it’s when most homes get sold. And yet, there are a few
As you may have heard, the Bank of Canada recently made an announcement that is going to have a huge effect on mortgage qualifications. How will these changes impact your ability to get a mortgage in the future?Effective October 17th, the loa
As you probably know, the real estate market in Calgary has been soft for the past two years. On average, we’ve seen a drop in the benchmark price in Calgary between 4% and 6%. This is exactly why I believe this is the perfect time to buy your