Investor's Lounge

March 26, 2024

Dont Wait for Rates to Drop

Why Now is the Right Time to Buy: Navigating Calgary's Real Estate Market

In the ever-evolving landscape of real estate, timing is often a critical factor in securing the best deals and investments. As we navigate through the current market conditions here in Calgary, it's becoming increasingly evident ...

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March 2, 2024

February 2024 Market Stats

 

During February, the average selling price exceeded the average listing price in all categories except one. Multiple offer scenarios has become the norm. This creates a unique opportunity for sellers, and a tricky scenario for buyers.

The Calgary Real Estate Team has adeptly guided clients through this dynamic market ...

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Jan. 26, 2022

Bank of Canada Maintains Policy Rate

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With overall economic slack now absorbed, the Bank has removed its exceptional forward guidance on its policy interest rate ...

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March 25, 2021

Money Saving Tips When Purchasing a Home

$$Every dollar counts when purchasing a home$$

Raising children, buying a home, changing careers or just keeping up with the bills is not always easy. There are many benefits, credits and programs available to help you. Find out which ones you may be eligible for.

When Buying a home:

Whether ...

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Nov. 11, 2020

Bank of Canada Does Not Expect to Raise Interest Rates Until 2023

In a scheduled announcement on October 28,2020, the Bank of Canada maintained its overnight lending rate at 0.25%. The Bank noted economic headwinds are rising as the number of COVID-19 cases continues to rise across the country.

The Bank stated it will hold the policy interest rate at ...

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Oct. 22, 2020

The Calgary Real Estate Team.com: Q3 2020 Housing Report released

City of Calgary, October 22, 2020 –

Third-quarter activity was far better than original expectations, as sales activity in the city improved by nearly 12 per cent over last year's levels.

Some of the shift in the third quarter reflects activity that likely would have occurred in the second ...

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Oct. 13, 2020

Capitalization Rates Explained: Why Is Cap Rate So Important?

In the apartment investing industry, our return on investment, assuming we purchase the building in full with cash, is known as a capitalization rate or, cap rate for short. 

Cap Rate Defined

A cap rate is a ratio that describes how long it will take to get back all ...

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Oct. 7, 2020

How's The Market?

Due to the many questions around "how's the market" that we all receive on a daily basis, we thought it may be best to offer some of our thoughts on what is happening in today's markets, and what we may see in markets ahead. 

 

What is ...

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July 29, 2020

CREB® releases second-quarter housing market report

The second quarter of 2020 marked the first full quarter since COVID-19 began to weigh on the economy.

Calgary housing sales slowed by 35 per cent compared to the previous year. This is better than original expectations, thanks to June figures that were far stronger than initial estimates. The pullback ...

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Jan. 14, 2020

Province says 118 drilling rigs added last week is 'good news' for oil and gas

EDMONTON -- Alberta's energy ministry is welcoming news that energy companies in Canada added more drilling rigs last week than they have in five years.

A total of 118 rigs were added in Canada for the week ending Jan. 10, according to the latest numbers from Baker Hughes, which has ...

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