August 17, 2010
CALGARY - MLS sales in areas outside the city have surpassed year-to-date levels compared with 2009 in contrast to what has been happening in Calgary.
August 4, 2010
These errors could wind up costing you more than the coveted key to your first home.
July 7, 2010
Calgary house prices remained strong in the second quarter compared to the same period in 2009, but they are expected to decrease slightly over the remainder of the year, according to the Royal LePage House Price Survey released today.
June 8, 2010
The Real Estate Investment Network’s report said that Calgary experienced one of its best economic and real estate periods in Canadian history a couple of years ago but then entered a strong, and needed correction.
June 1, 2010
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly raised to 3/4 per cent and the deposit rate is kept at 1/4 per cent, thus re-establishing the normal operating band of 50 basis points for the overnight rate.
May 3, 2010
Calgary is the only Canadian major metropolitan area where house prices remain below their peak level, according to a report released today by Teranet-National Bank.
April 20, 2010
OTTAWA —The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
April 12, 2010
Given that the total mortgages outstanding in Canada amount to around $1-trillion today, the subprime portion is not a huge slice.
But the vast majority were made toward the middle of the decade with terms of three and five years and they're coming due over the next two years.
