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Blog by Brent Bezugley

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Great news for Alberta Real Estate!

December 18th, 2012

CALGARY — Alberta will lead the country this year and in 2013 in the pace of growth in the resale housing market, according to a new forecast by the Canadian Real Estate Association.

The national association of realtors said Monday that Alberta MLS sales this year will finish up 13.1 per cent from last year to 60,800 transactions and sales will lead the country next year as well with 1.3 p ...

FEBRUARY 2011 STATS

March 4th, 2011

Sales are UP!!

February 15th, 2011
Calgary single family home sales are up 9.2% and the average home price is up 9.8% for the past 30 days over the same time last year!!! The Calgary Condo market has sales down 8.2% while the average condo price is up 9.7% for this same 30 day period. Things are happening in Calgary!!

Busy Calgary Market

February 15th, 2011
Busy Calgary market with the rush before the mortgage rule change in March. A great time for buyers to get in or upgrade!!! Sellers, take advantage now before the Spring flood of new listings! Call and we can discuss!

New Mortgage Rules Could Price Some Out of the Market

January 17th, 2011
Paul Vieira, Financial Post - Monday January 17, 2011

OTTAWA - Tougher mortgage lending rules, as unveiled by Finance Minister Jim Flaherty on Monday, could add an estimated $100 a month in carrying costs for future homeowners - pricing some people out of the real estate market - and affect roughly 20,000 home sales in 2011, analysts say.

Those rough estimates emerged after the government annou ...

DECEMBER 2010 NEWSLETTER

December 14th, 2010
December 2010 Newsletter

BANK OF CANADA MAINTAINS RATES

December 7th, 2010
Bank of Canada maintains overnight rate target at 1 per cent

OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

The global economic recovery is proceeding largely as expected, although risks have increased. As anticipated, private domestic ...

SEPTEMBER 2010 STATS

October 4th, 2010

BUYERS' MARKET CONTINUES IN CALGARY
Home sales in the city of Calgary increase month-over-month in September 2010

Calgary, October 1, 2010 - Home sales in the city of Calgary wree up month-over-month in September 2010, the first uptick in sales since April 2010.  Year-over-year sales continued to trend lower in the month of September, but at a pace slower than previous months, according to figu ...

We Continue to scratch our heads

August 24th, 2010
WE CONTINUE TO SCRATCH OUR HEADS
Buyers play waiting game
By: Marty Hope, Calgary Herald, August 21, 2010

The head-scratching situation with the national economy is playing havoc with the housing sectors in this country.

People just aren't all that comfortable buying, unsure of where the economy is going and how long it's going to be before stability returns.  In the intervening time, they are wi ...

Calgary: The Number 1 Place to Buy!!

August 10th, 2010

Sunday August 8, 2010 - Financial Post

When investing in real estate, sometimes it's necessary to look beyond your own backyard.  The Real Estate Investment Network (REIN), a national organization of investors, has compiled what it says are the top 10 Canadian cities in which to invest.  Few are major cities and some are surprising.  Don Campbell, president of REIN, as well as one of the resea ...

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