Cold Temp. HOT Market.
Let's recap the month of November in Calgary's Real Estate market and use the data to make some reasonable predictions to price movements. Price movements are grounded on the fundamentals
Category
Mortgage
October 2021 Sales Data
Ok, this was close. I've been consistently presenting my readers Calgary Real Estate Board (CREB) data for 83 months ...I just about missed this month (for no good reason).
Bank Of Canada Rate Hikes Looming. Fear Not!
The Bank of Canada has outlined a rate hike plan, with three phases: Asset purchase tapering. Reinvestment purchasing. Monetary tightening. What phase of Monetary tightening are we in now? The Bank of
Tapering And Rate Hikes
Hey Folks! Let's talk about the following: Fixed rates move higher, buy why?Tapering of asset purchases and what this might mean. Interest rate hikes by central bankers - rock and a hard place. As
Market Update: Supply Crunch Here
I'm waiving the Spring 2022 crazy market flag, right now. Here's why ... Supply is ALREADY lower than this time last year. Unless there is a equal offset
Rates Rise, Buy Why?
When the chairman of the Federal Reserve, from the world's largest economy (U.S.), speaks about monetary policy, markets listen. If you have any interest in the Mortgage market,
Monetary Update: The Path Forward For Mortgage Rates
Last week the Bank of Canada made monetary policy announcement that outlines the likely path to Mortgage (fixed & variable) interest rates. Let's break this down into several sections for
Market Update: Seasons Change
Let's look at the latest data from Calgary's Real Estate Board (CREB). CREB puts together a statistics package summarizing all of Calgary's Real Estate data. I put several
Condition of finance
Let's cover off a fundamental in your Real Estate contract, and a critically important date for your Mortgage approval, condition of finance. Here's what we'll discuss below: Accepted offer to