Construction and design features matter more to buyers than price or age of properties, engineering researchers find
Physical features such as construction materials, interior finishes and air conditioning are better determinants of how well a condo sells than price or building age, according to a University of Alberta study looking to pinpoint design-related features that increase the probability of a condo’s sale. “We’re trying to provide a framework through which builders can evaluate…
Creating a space that is a reflection of your tastes and personalities may take some time, but it’s important to plan early, especially when taking into account getting a return on your investment.
Sponsored Content: One of my favourite quotes is “leave it better than you found it”. This saying certainly rings true with a new home purchase and will inspire a multitude of possibilities for renovations, upgrades and minor changes that you can make to your home. Creating a space that is a reflection of your tastes…
RBC Economics’ data showed that both Alberta cities had much lower shares of income that a household would need to cover ownership costs
Calgary and Edmonton continue to be the most affordable housing markets for major Canadian cities. In its first quarter report, Housing Trends and Affordability, RBC Economics’ data showed that both Alberta cities had much lower shares of income that a household would need to cover ownership costs. For Calgary the percentage was 38.1 per cent…
Investment in building construction plunged 45.9 per cent to $8.4 billion in April compared with the previous month, says StatsCan
Investment in building construction plunged 45.9 per cent to $8.4 billion in April compared with the previous month, reported Statistics Canada on Monday. Previously, the largest national decline on record for the current series (which dates back to 2010) was a 3.9 per cent decrease in August 2017, said the federal agency. “Both the residential…
Almost half (44 per cent) of Canadians believe that the real estate market will bounce back to the strength it was before COVID-19 by 2021
A new survey says 56 per cent of Canadians who are planning to engage in the real estate market expect to do so in less than a year, showing an eagerness to get back to buying and selling, reported RE/MAX Canada on Tuesday. The survey, conducted by Leger, found: Almost half (44 per cent) of…
But the May 2020 sales figure was still the lowest level for that month since the mid-1990s, says real estate association
Home sales recorded over Canadian MLS systems rebounded by a record 56.9 per cent in May although, that is as a percentage of the weakest month of April on record, reported the Canadian Real Estate Association on Monday. "As such, the May gain constituted a return of only a third of the activity lost between…
As of June 7, the first week of the month has experienced 300 MLS sales which has dropped by 32.89 per cent compared to the same period a year ago
The pace of activity in Calgary's resale housing market has picked up in June but transactions remain significantly down from a year ago. According to the Calgary Real Estate Board website, as of June 7, the first week of the month has experienced 300 MLS sales which has dropped by 32.89 per cent compared to…
Real Estate Amendment Act, 2020 will restructure and refocus RECA with a mandate on licensing and regulating Alberta’s real estate sector
The Government of Alberta announced Wednesday it is strengthening the governance of the Real Estate Council of Alberta (RECA) after an independent report cited major concerns with the regulator. If passed, the Real Estate Amendment Act, 2020, will restructure and refocus RECA with a mandate on licensing and regulating Alberta’s real estate sector. These amendments are…
"Workable rent relief is make or break for over half of the small businesses we surveyed and governments need to make this a top priority yesterday"
A new survey by the Canadian Federation of Independent Business indicates 12 per cent of businesses are already considering bankruptcy or winding down and anxiety for many small businesses remains high as they head into a third month of severely reduced revenues and no rent relief. The CFIB said many businesses report the Canada Emergency…
The monetary value was the sixth highest in Canada as the company compared average home prices across 20 major markets in the country
A report released Friday by online real estate platform Zoocasa says average home prices in Calgary have plunged by $27,960, or six per cent, between April and February. The monetary value was the sixth highest in Canada as the company compared average home prices across 20 major markets in the country to get a snapshot…
Physical features such as construction materials, interior finishes and air conditioning are better determinants of how well a condo sells than price or building age, according to a University of Alberta study looking to pinpoint design-related features that increase the probability of a condo’s sale. “We’re trying to provide a framework through which builders can evaluate…
