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...
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...
It turns out that referring to Canada’s housing market as a bubble may have been an exaggeration. Brian Porter, Bank of Nova Scotia’s CEO recently stated, “Bubble is perhaps the most overused word since the global financial crisis”. He goes on to add; “Canadian...
Earlier this week, Lethbridge and District Association of REALTORS issued their MLS Statistic Report for September. Here are some highlights from that report. September 2014 Sector Listings Sales S/L Ratio Avg. sale price Northside 38 25 65% $212,120 Southside 47 42...
Edmonton city council is considering adjusting resident zoning in some of its older, well-established neighbourhoods to increase infill housing. The changes could see 50-foot lots being subdivided into 25-foot lots, encouraging a more diverse housing mix, including...
Summer is typically a slow time for the Canadian housing market, but there are no signs of it slowing down this summer. The market’s strength keeps taking economists by surprise, fuelled by Canadians’ growing appetite for home ownership. Conditions are ripe in the...
