Calgary MLS® Housing Price Index (HPI) Explained

The MLS® Housing Price Index (HPI) is coming to Calgary in February, as part of a nationwide rollout involving boards in Canada’s largest cities. This new monthly price measure will enable Realtors to better determine real price changes. Many Realtors have experienced a scenario where the monthly average price increased by five per cent, and your…

Changes To Conditional Sale Status For Sellers Listings On Calgary MLS May Frustrate Buyers and Realtors

On January 1, 2012, the Calgary Real Estate Board introduced new and significantly different operational procedures on how our industry reports the status of a current listing on the market. Prior to this date, all conditional offers on listings were to be reported as Conditionally SOLD with only the exception of a special clause offer that…

June 2011 Statistics

CONDO AND HOME SALES FIND THEIR FOOTING First year-over-year increase in monthly condominium sales since April 2010 Calgary, July 4, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales surged in the month of June 2011 to 1,979 units. While this indicates a third more sales than June 2010,…

Calgary Real Estate Statistics May 2011

Inner City Housing Market Leads in Sales As Buyers find value in inner city communities Calgary Real Estate Statistics for June 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), year-to-date residential sales in the inner city grew nearly 4 per cent, outperforming the city wide average. City of Calgary residential…

Good debt” versus “bad debt

Not all debt is created equal… the difference lies in how it helps – or hurts – your pursuit of your financial goals. Some debt can be seen as an investment in one’s future: • Borrowing money to maximize your RRSP contributions. • Loans with tax-deductible interest to earn investment income. • Borrowing to acquire an asset that…