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Recent Alberta Real Estate NewsCMHC to Allow 100% of Suite Income
Thu, 01 Jan 1970 00:00:00
The market for houses with basement apartments is about to get a little hotter. CMHC has announced it will allow 100% of the rental income from legal secondary suites to be used when qualifying for a mortgage. Currently it allows 50%. The nation’s largest default insurer says the move is meant to “facilitate affordable housing choices for Canadians.” “Secondary rental suites are recognized as a source of affordable housing offered at a cost that is often lower than those for apartments in purpose built rental buildings,” it adds. Secondary/basement suites also give lower-income Canadians the chance to live in single-family residential READ MORE
Rumours of Lunacy
Thu, 01 Jan 1970 00:00:00
By Will Dunning, Economist Special to CMT Once again, there is speculation that the federal government will tighten mortgage insurance criteria — prompted by this article in the Financial Post. Let’s begin by saying that, in most of Canada, housing markets have been far from hot. Toronto and Vancouver are seeing rapid price growth, but that is mainly due to provincial and municipal policies that restrict the supply of building lots for new homes — in those two cases, lack of supply is the issue, not mortgage lending. Elsewhere, home sales and price growth have been moderate during the past READ MORE
Weekly Update, July 24/15
Fri, 24 Jul 2015 17:32:27
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 535 (581, 599, 553) # Sales: 347 (371, 343, 368) Ratio: 65% (64%, 57%, 67%) # Price Changes: 372 (386, 399, 378) # Expired/Off Market Listings: 167 (213, 194, 383) Net loss/gain […]
Weekly Market Update, July 17/15
Fri, 17 Jul 2015 19:39:54
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 581 (599, 553, 515) # Sales: 371 (343, 368, 380) Ratio: 64% (57%, 67%, 74%) # Price Changes: 386 (399, 378, 380) # Expired/Off Market Listings: 213 (194, 383, 183) Net loss/gain […]
Alberta Homes for Sale & Real Estate Listings
Alberta is one of the fastest growing real estate markets in Canada. With so many homes for sale why not let Real Estate Locators help you find the most recent Alberta real estate listings. When you complete the free real estate search form you will be directed to a local map with Alberta homes for sale and real estate listings. Let Real Estate Locators make your next Alberta real estate search an easy one!
The Alberta real estate listings that we will direct you to will include local Alberta homes for sale, Alberta condos, Alberta commercial properties as well as Alberta residential properties. The goal of Real Estate Locators is to help you find the most accurate and up to date Alberta homes for sale. We make it easy for you to search for Canada real estate. The most popular Alberta cities to search for include Calgary real estate listings, Edmonton real estate listings and Canmore real estate listings. We will also have a local Alberta real estate agent follow up with you to make sure that you have the most accurate Alberta real estate listings information. To learn more on how to select an Alberta real estate agent please visit Real Estate Council of Alberta. Let Real Estate Locators direct you to the most accurate and up to date Alberta homes for sale and Alberta real estate listings.
When searching for Alberta real estate listings let Real Estate Locators help you find the best homes and condos. To get started simply select an Alberta city on the right, fill out the form and start viewing local real estate listings. We want to make your real estate home search a good one!