Jul 10, 2015 | Housing market
Home construction in the Lethbridge area is on the rise, the opposite of what most of Alberta is experiencing. CMHC recently released a report that indicated that the City of Lethbridge and Lethbridge County saw 455 homes started in the first 6 months of 2015, up from...
May 6, 2015 | Home ownership, Housing market
Once you figure out what you can afford to pay for a house and obtain a pre‐qualified mortgage, you’re ready to start searching. There are a variety of sources you can use to find the home that is right for you. Here are just 6: 1. Word of mouth By telling everyone...
Mar 26, 2015 | Housing market, Mortgages
Winter is finally over, and the spring real estate market is upon us. Demand for housing is still strong, and fears of a bubble seem to be old news now. As mentioned in CMHC’s recent National Housing Outlook: Overall, despite the uncertainty surrounding recent oil...
Feb 11, 2015 | Housing market, Lethbridge
Canada Mortgage and Housing Corporation announced earlier this week that housing starts in the Lethbridge area are already off to a good start for 2015. Developers started 32 units last month (including single family and multifamily units), compared to only 26 in...
Nov 19, 2014 | Housing market
It’s almost hard to believe that 2014 is coming to an end soon. The year started off with some skepticism about the strength of the Canadian housing market. We heard a lot about “housing bubbles” and “soft landings”. Well so much for all those “bubbles”. As per the...
Nov 5, 2014 | Housing market, Lethbridge
Last week, Lethbridge and District Association of REALTORS issued their MLS Statistic Report for October. Here are some highlights from that report. October 2014 Sector Listings Sales S/L Ratio Avg. sale price Northside 44 33 75% $231,386 Southside 55 51 92% $264,961...