Calgary Economy Improves in Buyers’ Market

Calgary Economy Improves in Buyers’ Market

With the recent decrease in housing overabundance, it appears the city of Calgary is on the way to economic recovery. According to the 2018 civic census, in June there were 19,408 empty housing units in the city (3.86% vacancy rate), compared to 23,553 units in June...
Prime Rate Increase in July Less Likely

Prime Rate Increase in July Less Likely

Despite the previous common consensus, it appears The Bank of Canada is NOT as likely to increase their prime rate of interest in July as previously expected. It appears that those responsible for “looking into the future” may have been a little overconfident. Moving...
An Appraiser’s Take on the Calgary Market

An Appraiser’s Take on the Calgary Market

Winter has finally FINALLY come to a close (knock on wood) and summer is well on its way (knock again). As Calgary changes with the seasons the housing market throughout the city typically changes too. As (Jared) Nolan Moore, a Canadian Residential Appraiser, tells us...