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Property Management and Real Estate in Calgary and Edmonton

Sales growth boosted by rise in new listings

Fifth consecutive month of double-digit trend City residential sales totaled 1,730 units in November, a 19 per cent increase in sales volume over the previous year. Following another month of strong activity, year-to-date sales totaled 22,322 units, 11 per cent higher than long-term trends. CREB® President Becky Walters said it appears that several factors are […]

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Price gains encourage new listings growth

Fourth consecutive month of year-over-year new listings growth Calgary, Nov. 1, 2013 –  Residential sales activity totaled 1,953 units in October, an 18 per cent rise over 2012 and pushing year-to-date volume increases to just over 10 per cent. However, on a year-to-date basis, city wide sales remain far below transactions levels recorded throughout 2005 – 2007. […]

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Seller’s market conditions persist, pushing up prices

Calgary, Aug. 30, 2013 – City Residential sales within city limits totaled 2,196 units, an 27.5 per cent increase over 2012 and 8.7 per cent on a year-to-date basis. The level of transactions was well above long-term trends for the month, mostly due to improved activity in the single-family sector. However, on a year-to-date basis, activity is only […]

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Banks Hike Mortgage Rates

2 weeks after the CMHC cooling measures Mortgage rates are on the rise. It’ll be interesting to see how Canadians handle the record debt load now that rates are beginning to normalize. Falling prices in some areas of the country may be on the horizon. http://www.theglobeandmail.com/report-on-business/economy/rbc-hikes-mortgage-rates/article13900832/ […]

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What Do Executive Rental Fees Cover

Hi, this is Warren Phipps with Mountain Park Real Estate. I’m here to discuss the process our company uses to handle Calgary executive rental management fees. If you’re considering turning your property into an executive rental, it’s nice to know what the costs are going to be. First of all, the fees cover rent collection. […]

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