Calgary Real Estate Blog

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Calgary's Most Expensive Condo Up FOR SALE: $6,250,000

Friday, March 12th, 2010 at 11:49am. 41 Views, 0 Comments.

Welcome to one of the finest [if not the finest] penthouse residences in Calgary! This fabulous 4400 sq ft home has views to forever - city, mountain and a plethora of windows, decks and patios from which to enjoy them. Opulent, spectacular, elegant yet warm and restful; this is a home for enjoying - whether alone, entertaining a small gathering or a large crowd. The home flows from one room to another and spills out to the wonderful outdoor living space. The rooms are like the view - grand, and highlighted by an airy atrium with a huge fountain! Commercial grade Denca kitchen has everything you could dream of, butler's pantry with wet bar. Three spacious bedrooms - each with ensuite - the master is absolutely sumptous. Floors are beautiful Travertine;…

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Real Estate Report: RBC Study Says More Canadians are Planning to Buy a New Home by 2012

Monday, March 8th, 2010 at 3:48pm. 37 Views, 0 Comments.

A new Royal Bank Study says more Canadians are very likely to purchase a new home in the next couple years. 10% of the 2,047 people surveyed for the study said they plan to purchase a home by 2012 - up 3 % from 2 years ago. In the 18-to-24 year old range, 15% said they were very likely to buy which is double from the survey last year. The study also found 91% of Canadian homeowners believe a home is a good investment (highest level in 12 years). Of those surveyed, 44% of buyers planning to buy in the next couple years will chose get a fixed rate mortgage. The main reason for the resurgence in the real estate market is due to very low mortgage rates and improved affordability.

 Start your Calgary Real Estate Search Here:…

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Calgary Real Estate Stats Report for Feb 2010

Friday, March 5th, 2010 at 5:41pm. 48 Views, 0 Comments.

 

New Calgary Real Estate Statistics for February 2010

CALGARY HOUSING MARKET SHOWS SIGNS OF BALANCE, according to figures released today by the Calgary Real Estate Board (CREB®).

The Calgary Real Estate Board (CREB) reports the average selling price for a Calgary single family home in February was $458,254, up 3.86% from the previous month. The median price was $411,000, up 3.2% from the previous month. The average time to sell a Calgary single family home was 34 days compared to 43 days from the month before. New Calgary MLS® Listings were up for single family homes in February. Calgary Metro added 2,154 new single family home listings to the Calgary MLS® system and 1,035 single family homes sold, up by 273 units from the previous…

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New Calgary MLS Listing: Eau Claire Luxury Condo

Friday, February 26th, 2010 at 8:37am. 69 Views, 0 Comments.

The Princeton at Eau Claire

The PRINCETON is one of the most prestigious & desirable addresses in Calgary. This Executive Condo is located along the banks of the Bow River,& River Walking Paths & Biking Pathways.Next to Prince's Island Park, Eau Claire Marketplace & The YMCA.This elegant luxury studio suite has an excellent layout with beautiful high end finishing throughout, & features 9 ft ceilings, a great dining area, American Birch hardwood floors, ceramic tile, built-in wall unit, 3 sided gas fireplace, and in-suite laundry with washer/dryer.Beautiful kitchen with gorgeous custom cabinets, high quality stainless steel appliances & granite counter tops. The 4-piece bath is great & features a granite counter top & soaker tub. There is also an extra…

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New Calgary MLS Listing in Montgomery: Great location to build a Luxury Home on a 50x120 Lot with Mountain Views

Tuesday, February 16th, 2010 at 2:49pm. 60 Views, 0 Comments.

This is prime Montgomery real estate located on a hill top across 17 acres of MONTALBAN PARK with spectacular PANORAMIC views on the Mountains,  Canada Olympic Park  & River Valley.   An excellent INNER CITY location & quiet street to build your DREAM HOME.  Situated on a HILLSIDE LOT measuring 50 ft. x 120 ft. , there is an excellent opportunity to build a Fabulous 2 STOREY EXECUTIVE HOME with WALKOUT BASEMENT backing on to fantastic SUNNY SOUTH FACING PRIVATE TREED YARD. Close to Everything! You are minutes to The Foothills Hospital , Alberta Children's Hospital, Market Mall, Downtown, University of Calgary, Shouldice Park, Bowness Park, Edworthy Park & Bowmont Park. Easy Access to Walking Paths,  Biking Pathways & The Bow River. Don't miss the…

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New Calgary Real Estate Statistics for January 2010

Thursday, February 4th, 2010 at 12:49am. 80 Views, 0 Comments.

 

New Calgary Real Estate Statistics for January 2010

Calgary’s housing market continues a recovery with affordability a driving factor, according to figures released today by the Calgary Real Estate Board (CREB®).

The Calgary Real Estate Board (CREB) reports the average selling price for a Calgary single home in January was $441,217, down 2.24% from the previous month. The median price was $398,000, down 0.75% from the previous month. The average time to sell a Calgary single family was 43 days. New Calgary MLS® Listings were up for single family homes in January. Calgary Metro added 1,822 new single family home listings to the Calgary MLS® system.

The Calgary Real Estate Board (CREB) reports the average selling price for a Calgary…

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Calgary Will Benefit from World Demand of Alberta's Oil Sands

Thursday, January 28th, 2010 at 3:49pm. 25 Views, 0 Comments.

The U.S. Department of Energy has concluded that 2009 will be the last year that oil production will keep up with consumption. 

Statistics Canada shows in 2008, investment in Alberta's oil sands reached a record high of $19.2 billion, increase of 14% over 2007, even after the price of oil fell below $34 per barrel. This this is very good news for the Alberta economy and the Calgary economy

alberta-oil-chart_495

Alberta oil sands advantages are:

  • Easy to drill oil is not so easy anymore.
  • Alberta Oil sands production costs have decreased because of the great improvements in technology 
  • Proven oil reserves in Alberta oil sands is over 170 BILLION BARRELS
  • The Calgary real estate market is very dependant on the Calgary and Alberta job market. A healthy economy keeps more…

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    New Calgary MLS Listings

    Thursday, January 28th, 2010 at 11:40am. 62 Views, 0 Comments.

    NEW Calgary MLS® listings

    Here are some new calgary real estate listings listed over the last day.
    Please call us to receive instant updates or contact us with you real estate requirements

    Community City Property Class Style of Home Price AREA (Sq Ft) courtesy of
    FOREST LAWN Calgary Condo 2 Storey $140,000 1011.8 ROYAL LEPAGE SOLUTIONS
    GLAMORGAN Calgary Condo Single Level Apartment $209,900 1011.8 SUTTON GROUP-CANWEST (VISTA)
    Glamorgan Calgary Condo 2 Storey $214,900 1108.6 RE/MAX REALTY PROFESSIONALS
    Ogden_Lynnwd_Millcan Calgary Single Family Bungalow $223,900 1033.3 ROYAL LEPAGE RAM REALTY
    Panorama Hills Calgary Condo Bungalow $239,900 893.4 RE/MAX FIRST
    BOWNESS Calgary Single Family Bi-Level

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    Haiti not making much of the news anymore, but the people still need HELP!

    Thursday, January 28th, 2010 at 9:48am. 46 Views, 0 Comments.

    The news media is starting to push the disaster in Haiti down the list. Please help keep the aid going to disaster relief.

    CANADA for HAITI
    1-877-514-2484
    www.canadaforhaiti.com

     The Canadian Government will match the contributions of individual Canadians.
    · Canada for Haiti coalition
    · Canadian Red Cross
    · Salvation Army in Canada
    · UNICEF Canada
    · World Vision

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    There are great signs of better times ahead for the Alberta oil and gas sector

    Thursday, January 28th, 2010 at 8:40am. 50 Views, 0 Comments.

    Drilling company can't keep up with demand

    There are great signs of better times ahead for the Alberta oil and gas sector. The Petroleum Services Association of Canada (PSAC) estimates over 9,000 wells will be drilled across Canada in 2010 and estimates 6,095 wells will be drilled in Alberta this year, an increase of 4 per cent from 2009 drilling levels. There is one problem...a shortage of workers in Alberta. Nabors Industries is one of the biggest drilling companies in the country. CEO, Duane Mather, says the company is being forced to turn down work. Click here to apply at Nabors Industries.

    “Industry is expecting commodity prices to strengthen further this year,” said PSAC president Roger Soucy.

    “Improved prices led to a spurt in drilling activity…

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