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National home sales rise in March

Sales activity over MLS® Systems of Canadian real estate Boards and Associations rose 2.5 per cent from February to March 2012. The increase lifted national activity to its highest monthly level since April 2010. Activity in March was up from the previous month in two-thirds of all local markets, with Toronto, Calgary, and Edmonton..




The average price of a single family home has gone up every month so far in 2012 #yeg #yegre

It’s only an increase of 1.3% from February to March, but look at the cash difference that two months can make. The average price is more than $17,000 higher in March than January. With speculation that interest rates may rise, many potential buyers will look at the trend in pricing and the opportunities that are present today…




Alberta emerges on top after years of weaker housing starts #yeg #yegre

Home construction is booming in the Prairies, and Alberta, after years of tepid housing starts, is leading the charge.
The rate of residential construction, especially condominiums, has lagged the oil boom in Alberta in the past few years. But blockbuster housing starts in March — they jumped 72% year over year — hint that residential construction is getting hot again…




Home sales up, prices slip in March

Sales of existing homes rose 2.5% in March from the previous month, while prices declined 0.5% year over year, the Canadian Real Estate Association said Monday. On a seasonally unadjusted basis, sales were up 1.6% from March 2011 levels, the smallest 




Buying or selling your home – when is it the right time? #yeg #yegre

Homeowners face a double dilemma when dealing with the prospect of selling their homes. How do you make sure the decision to sell is the right one? When is the right time to sell? Traditionally, the four major reasons why and when people sell their homes are financial and market conditions, employment changes, family matters and life-style changes…




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