January Market Update And Value Equation
Hey Guys! I think Calgary's Real Estate market is in an interesting place for several reasons ... Our main economic driver—oil and gas—is rather profitable relative to years past. Our local economy
Possible Mortgage Rule Changes
Hey Guys! I thought passing along a heads-up of possible Mortgage rules changes would be beneficial. My intention is to share possible rule changes, and how that will effect Mortgage affordability. For now,
Bank of Canada—Meeting Preview
Hey Guys! The Bank of Canada is set to make a rate announcement on 25 January 2023—their first of 8 rate announcements this calendar year. There is anticipation of another 0.25% rate
Market Update—Final Month 2022
Hey Guys! Is it too late to wish you all a Happy New Year? Who's resolutions are fading already? Common, the rest of you liars ;-). Honestly, thanks for reading so
Popped Champaign!
(originally published Nov 15th 2022) Hey Guys! I've written to you before about how influential the U.S. is to Canada's economy. The old adage is, "when the U.S. sneezes, Canada catches a
Calgary Market Report: Apartment fundamentals are strong
Hey Guys! The data below is from the Calgary Real Estate Board (CREB). Let's look at a couple key data points so we can get a handle of what's been happening
Market Update—Off Peak, But Positive!
Hey Guys! Here your report on Calgary's detached and apartment housing sectors. At first glance, Calgary is fairing MUCH better than many other housing regions in Canada! Why? Well for many reasons
Updated Home Affordability Numbers
Hey Guys! I thought some of you might be interested in seeing some affordability numbers in today's housing market. Let's look at how much income is required to purchase two properties, as
Bank of Canada 50 Basis Point Rate Hike
So many words below!! TL;DR ... The Bank of Canada increased the key policy rate by 0.50% this morning moving the rate higher to 3.75%.The commercial bank Prime interest rate will