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Urban Real Estate Ltd
calgaryrealestateonline@gmail.com
26th Street NE #820
CALGARY , AB , T2A 2M4 Canada
4036121515
Calgary Real Estate
Real Estate Agent


 

Among the major new rules is a requirement to stress test uninsured borrowers. Previously, only insured borrowers had to undergo such a test.

 

By law, borrowers with a down payment of under 20 per cent for a home must purchase mortgage insurance. Borrowers pay an insurance premium, but the beneficiary is actually the lender, because the insurance protects the loan giver in the event the borrower defaults on the loan.

 

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New Housing Price Index, monthly change

According with Statistics Canada, prices for new homes were unchanged in 15 of the 27 census metropolitan areas (CMAs) surveyed, including what have been Canada's two hottest housing markets—Toronto and Vancouver. For Toronto, this was the third consecutive month of flatness. In Vancouver, this was the first month of no price change, following five consecutive monthly increases.

Nationally, new home prices edged up 0.1% in August, primarily reflecting increases in the CMAs of London (+1.0%), Kelowna (+0.9%) and Ottawa–Gatineau, Ontario part (+0.4%). Builders in all three CMAs tied the rise to improved market conditions. In Ottawa–Gatineau, new phases of development also contributed to higher prices.

Prices were down in St. John's (-0.5%), Sherbrooke (-0.2%) and Halifax (-0.1%).

Chart 2  Chart 2: Canadians saw little overall change in new home prices
Canadians saw little overall change in new home prices

Chart 2: Canadians saw little overall change in new home prices

New Housing Price Index, 12-month change

New house prices in Canada rose 3.8% year-over-year in August.

London saw a 12-month price gain of 8.1%, the largest for this metropolitan area since February 1990.

Vancouver's (+7.8%) year-over-year increase matched the previous month.

In Toronto, the 12-month change (+6.7%) was down from this year's peak in April (+9.9%).

Declines were recorded in three CMAs, with St. John's (-0.9%) posting the largest decrease.

 

Statistics Canada

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I have listed a new property at 567 AUBURN BAY DR SE in Calgary.
Great home with 4 Bedroom, 3 1/2 baths and fully finished basement in 2,400 SqFt of living space! Price includes a Backyard Trampoline & TV in basement. Enter into the living room with fireplace and upgraded mantle area that leads towards your beautiful kitchen, boasting with a huge island and cabinets that showcase upgraded appliances including an induction stove! Walk through pantry that offers access to your double garage and laundry/mudroom. Open floor concept with large windows and upgraded blinds, overlooking your fenced/ landscaped backyard. On the second floor, there are 3 bedrooms. Master bedroom includes spa-like 5pc en suite with soaker tub and large walk-in closet. You have an oversized bonus room above the attached double garage. There is a 4th bedroom in the basement, a washroom and a second family room! in total there are 4 bedrooms & 3 1/2 washrooms in this bright and spacious well maintained home. Great back yard where the kids can play while you enjoy your deck using the gas hookup BBQ . Excellent location in the family oriented community of Auburn Bay, a lake community with tennis, volleyball, water spray park, swimming and ice skating. The clubhouse boasts of activities year round from organized classes to renting your own space!
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Calgary's housing market is exhibiting signs of a comeback for the fall 2017 quarter. There is a growing sense of enthusiasm for the rebound after an increase in home sales - an increase of approximately 3% overall.

Calgary is showing the best year-over-year advancement since the down turn of the price of oil. Homes are selling for reasonable prices and are not taking very long to sell - meaning there is some modest growth happening in the province of Alberta.


“That price level might indicate that there will be no further contraction in the energy sector,” Chief Economist Ann-Marie Lurie says. “With no further layoffs, you can actually start to see some stabilization in the housing market and that’s really the key.”


Much of the housing market is influenced by employment rates and with little to no layoffs happening, it's expected to make a slow but steady increase - unlike previous years. Those with steady jobs will be taking advantage of these changes and potentially making the move to buy homes, according to Lurie. She also states much of the improvement comes from a lack of supply due to slower rates of home construction and fewer people choosing to list. 


In 2016, we saw the lowest amount of homes being built and sold. However, this year, both the new home and resale market are looking to improve, although they are still low overall. In the first three months of 2017, the housing market was up by almost 33% - a trend that has continued throughout the summer and is now expected this fall. 


In summary, Alberta's housing market is in good shape compared to other areas in Canada - making it more likely for people to want to stay put instead of leaving the province.


With this promising increase, now may be the best time to look for a new home and/or sell your old one. Make sure you consider the market value of your home when deciding whether or not to sell, as it can be profitable in the long run.

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Cineplex, one of Canada's most successful entertainment and media companies, in partnership with RioCan today announced plans for a new theatre complex at the East Hills Shopping Centre.  The opening of Cineplex Cinemas East Hills early next year ensures that Calgary movie-goers, and their families, will soon have another reason to treat themselves to a well-deserved night out.

Located at the south-west side of the shopping centre, the new theatre will span over 30,000 square feet and will have seven screens featuring a variety of movie-going experiences including UltraAVX™, D-BOX Motion Seats and for the first time in Canada, an auditorium designed specifically for families with young children. And to keep guests entertained before and after their movie, the new theatre will also have a 2,500 square foot XSCAPE Entertainment Centres equipped with the latest video and amusement gaming technology.

"At Cineplex we are always looking for new entertainment experiences to provide our guests, whatever their age, and Cineplex Cinemas East Hills is a perfect example of that," said Ellis Jacob, President and CEO, Cineplex.  "We're particularly excited to test and learn from our first auditorium designed specifically for children, which will feature a colourful interior, playful seating and a curated line-up of films perfect for young movie-lovers."

"RioCan is extremely proud to continue to expand our relationship with Cineplex as a valued partner. RioCan succeeds when our tenants do, and the addition of Cineplex is a perfect complement to the retail offering already in the East Hills Shopping Centre," said Ed Sonshine, Chief Executive Officer, RioCan Management Inc. 

With construction already underway, Cineplex Cinemas East Hills will also feature UltraAVX, one of Cineplex's most popular ways to watch a movie with a massive wall-to-wall screen, ultra-high definition presentation and a powerful Dolby Atmos sound system.  It will also offer guests D-BOX Deluxe Reclining Cinema Seats, which move in concert with the action on the big screen and use some of the most innovative technologies in cinema today. With the exception of the children's auditorium which will include a variety of playful seating options, all of the theatre's auditoriums will have luxurious seats that recline at the touch of a button.  

In addition to Cineplex Cinemas East Hills, construction is also well underway for Cineplex Cinemas Seton and VIP.  In addition to seven auditoriums that are open to guests of all ages, the new theatre will offer four VIP Cinema auditoriums, which are open to adults only and are exclusive to Cineplex.  VIP Cinemas feature a fully-licensed lounge for guests to enjoy before or after the movie and specially-designed VIP auditoriums where they can relax in luxury recliners. 

VIP Cinema guests can order from an expanded food and beverage menu – which includes a wide selection of wine, spirits and premium craft beers. In addition to Cineplex's famous popcorn, VIP Cinema guests can also select from a menu that features fresh salads, burgers, artisanal cheese plates, charcuterie boards and flatbreads. Cineplex Cinemas Seton and VIPis also expected to open this coming winter.

About Cineplex
A leading entertainment and media company, Cineplex (TSX: CGX) is a top-tier Canadian brand that operates in the Film Entertainment and Content, Amusement and Leisure, and Media sectors. As Canada's largest and most innovative film exhibitor, Cineplex welcomes 75 million guests annually through its circuit of 164 theatres across the country. Cineplex also operates successful businesses in digital commerce (CineplexStore.com), food service, alternative programming (Cineplex Events), cinema media (Cineplex Media), digital place-based media (Cineplex Digital Media) and amusement solutions (Player One Amusement Group).  It also operates a location based entertainment business through Canada's newest destination for 'Eats & Entertainment' (The Rec Room), and an online eSports platform for competitive and passionate gamers (WorldGaming.com).  Additionally, Cineplex is a joint venture partner in SCENE, Canada's largest entertainment loyalty program.

Proudly recognized as having one of the country's Most Admired Corporate Cultures, Cineplex employs over 13,000 people in its offices across Canada and the United States. To learn more visit Cineplex.com or download the Cineplex App.

About RioCan
RioCan is Canada's largest real estate investment trust with a total enterprise value of approximately $14.6 billion as at March 31, 2017. RioCan owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 300 Canadian retail and mixed use properties, including 15 properties under development, containing an aggregate net leasable area of 46 million square feet. For the past 25 years, we have shaped the future, sensibly cultivated growth, and taken our stakeholders and partners wherever they needed to go. Currently, we have more than 6,200 tenants and 700 employees with a presence from coast to coast. We know that there is a home for every retailer. Whether we find it today or build it for tomorrow, we deliver real vision, solid ground. For more information, visit www.riocan.com.

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Calgary’s housing market continued to show signs of stability in April. With improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year’s levels. “More jobs means less uncertainty for people who are sitting on the fence,” said CREB® president David P. Brown.

 

“There also tends to be fewer people who need to sell when employment improves, and that can prevent inventory gains and further price reductions in the market. It’s a good scenario for sellers who are entering a spring market that’s in better shape than anything we’ve seen in recent years.” While adjustments are still occurring in the apartment condominium sector, the detached segment of the market is improving across all price segments. “Detached product has not faced the same supply pressure as the apartment sector,” said CREB® chief economist Ann-Marie Lurie.

 

“Detached supply from new construction didn’t surpass previous highs. That helped prevent steeper price adjustments in the detached sector when demand eased.” The relationship between sales and inventory will be a key driver for pricing in the months ahead. Total transactions improved to 1,917 units in April, while inventories totaled 5,495 units, pushing months of supply below three for the second consecutive month.

 

With sales up and overall market inventory down, months of supply has already pulled back from elevated levels recorded over the past two years. While activity continues to vary by location and product type, more balanced conditions will help to support overall price stability. “Improvements in the employment situation were necessary to prevent further declines in the housing sector,” said Lurie. “However, economic recovery is still expected to be slow, impacting the pace and quality of job growth.

 

Based on current expectations this should translate into a more prolonged period of recovery in the housing market.”

 

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MCL Taxes

Ivan Perdomo

Vickie Mayorga

Panaderia Parthenon

ACP Immigration

Michael Birnbaum

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Despite increased political and financial volatility in Europe, many of its cities offer the world’s highest quality of living and remain attractive destinations for expanding business operations and sending expatriates on assignment, according to Mercer’s 19th annual Quality of Living survey. City infrastructure, ranked separately this year, plays an important role when multinationals decide where to establish locations abroad and send expatriate workers. Easy access to transportation, reliable electricity, and drinkable water are all important considerations when determining hardship allowances based on differences between a given assignee’s home and host locations. 

“Economic instability, social unrest, and growing political upheaval all add to the complex challenge multinational companies face when analysing quality of living for their expatriate workforce,” said Ilya Bonic, senior partner and president of Mercer’s Career business. “For multinationals and governments it is vital to have quality of living information that is accurate, detailed, and reliable. It not only enables these employers to compensate employees appropriately, but it also provides a planning benchmark and insights into the often-sensitive operational environment that surrounds their workforce. 

“In uncertain times, organisations that plan to establish themselves and send staff to a new location should ensure they get a complete picture of the city, including its viability as a business location and its attractiveness to key talent,” Mr Bonic added. 

Vienna occupies first place for overall quality of living for the 8th year running, with the rest of the top-ten list mostly filled by European cities: Zurich is in second place, with Munich (4), Dusseldorf (6), Frankfurt (7), Geneva (8), Copenhagen (9), and Basel, a newcomer to the list, in 10th place. The only non-European cities in the top ten are Auckland (3) and Vancouver (5). The highest ranking cities in Asia and Latin America are Singapore (25) and Montevideo (79), respectively. 

Mercer’s survey also includes a city infrastructure ranking that assesses each city’s supply of electricity, drinking water, telephone and mail services, and public transportation as well as traffic congestion and the range of international flights available from local airports. Singapore tops the city infrastructure ranking, followed by Frankfurt and Munich both in 2nd place. Baghdad (230) and Port au Prince (231) rank last for city infrastructure. 

Mercer’s authoritative survey is one of the world’s most comprehensive and is conducted annually to enable multinational companies and other organisations to compensate employees fairly when placing them on international assignments. In addition to valuable data, Mercer’s Quality of Living surveys provide hardship premium recommendations for over 450 cities throughout the world; this year’s ranking includes 231 of these cities. 

“The success of foreign assignments is influenced by issues such as ease of travel and communication, sanitation standards, personal safety, and access to public services,” said Slagin Parakatil, Principal at Mercer and responsible for its quality of living research. “Multinational companies need accurate and timely information to help calculate fair and consistent expatriate compensation – a real challenge in locations with a compromised quality of living.” 

Mr Parakatil added, “A city’s infrastructure, or rather the lack thereof, can considerably affect the quality of living that expatriates and their families experience on a daily basis. Access to a variety of transport options, being connected locally and internationally, and access to electricity and drinkable water are among the essential needs of expatriates arriving in a new location on assignment. A well-developed infrastructure can also be a key competitive advantage for cities and municipalities trying to attract multinational companies, talent, and foreign investments.” 

Europe

Even with political and economic turbulence, Western European cities continue to enjoy some of the highest quality of living worldwide. Still in the top spot, Vienna is followed by Zurich (2), Munich (4), Dusseldorf (6), Frankfurt (7), Geneva (8), Copenhagen (9), and a newcomer to the list, Basel (10). In 69th place, Prague is the highest ranking city in Central and Eastern Europe, followed by Ljubljana (76) and Budapest (78). Most European cities remained stable in the ranking, with the exception of Brussels (27), dropping six places because of terrorism-related security issues, and Rome (57), down four places due to its waste-removal issues. Finally, Istanbul fell from 122nd to 133rd place as a result of the severe political turmoil in Turkey during the past year. The lowest ranking cities in Europe are St. Petersburg and Tirana (both ranked 176), along with Minsk (189). 

Western European cities also hold most of the top ten places in the city infrastructure ranking with Frankfurt and Munich jointly ranking 2nd worldwide, followed by Copenhagen (4) and Dusseldorf (5). London is in 6th place, and Hamburg and Zurich both rank 9th. Ranking lowest across Europe are Sarajevo (171) and Tirana (188). 

“Cities that rank high in the city infrastructure list provide a combination of top-notch local and international airport facilities, varied and extended coverage through their local transportation networks, and innovative solutions such as smart technology and alternative energy,” said Mr Parakatil. “Most cities now align variety, reliability, technology, and sustainability when designing infrastructure for the future.” 

Americas

In North America, Canadian cities take the top positions in the ranking. Vancouver (5) is again the region’s highest ranking city for quality of living. Toronto and Ottawa follow in 16th and 18th place respectively, whereas San Francisco (29) is the highest ranking US city, followed by Boston (35), Honolulu (36), New York (44), and Seattle (45). High crime rates in Los Angeles (58) and Chicago (47) resulted in these cities dropping nine and four places respectively. Monterrey (110) is the highest ranking city in Mexico, while the country’s capital, Mexico City, stands in 128th position. In South America, Montevideo (79) ranks highest for quality of living, followed by Buenos Aires (93) and Santiago (95). La Paz (157) and Caracas (189) are the lowest ranking cities in the region. 

For city infrastructure, Vancouver (in 9th place) also ranks highest in the region. It is followed by Atlanta and Montreal, tied in 14th place. Overall, the infrastructure of cities in Canada and the United States is of a high standard, including the airport and bus connectivity, the availability of clean drinking water, and the reliability of electricity supplies. Traffic congestion is a concern in cities throughout the whole region. Tegucigalpa (208) and Port-au-Prince (231) have the lowest scores for city infrastructure in North America. In 84th place, Santiago is the highest ranking South American city for infrastructure; La Paz (168) is the lowest. 

Asia-Pacific

Singapore (25) remains the highest ranking city in the Asia-Pacific region, where there is great disparity in quality of living; Dushanbe (215) in Tajikistan ranks lowest. In Southeast Asia, Kuala Lumpur (86) follows Singapore; other key cities include Bangkok (131), Manila (135), and Jakarta (143). Five Japanese cities top the ranking for East Asia: Tokyo (47), Kobe (50), Yokohama (51), Osaka (60), and Nagoya (63). Other notable cities in Asia include Hong Kong (71), Seoul (76), Taipei (85), Shanghai (102), and Beijing (119). There is also considerable regional variation in the city infrastructure ranking. The highest-ranked city is Singapore (1), whereas Dhaka (214) is near the bottom of the list. 

New Zealand and Australia continue to rank highly in quality of living: Auckland (3), Sydney (10), Wellington (15), and Melbourne (16) all remain in the top 20. However, when ranked for infrastructure, only Sydney (8) makes the top ten, with Perth (32), Melbourne (34), and Brisbane (37) also ranking well for infrastructure in Oceania. By and large, cities in Oceania enjoy good quality of living, though criteria such as airport connectivity and traffic congestion are among the factors that see them ranked lower in terms of city infrastructure.

Middle East and Africa

Dubai (74) continues to rank highest for quality of living across Africa and the Middle East, rising one position in this year’s ranking, followed closely by Abu Dhabi (79), which climbed three spots. Sana’a (229) in Yemen, Bangui (230) in the Central African Republic, and Baghdad (231) in Iraq are the region’s three lowest-ranked cities for quality of living. 

Dubai also ranks highest for infrastructure in 51st place. Only five other cities in this region make the top 100, including Tel Aviv (56), Abu Dhabi (67), Port Louis (94), Muscat (97), and upcoming host of the 2022 FIFA World Cup, Doha in Qatar, which ranks 96th for infrastructure. Cities in African and Middle Eastern countries dominate the bottom half of the table for infrastructure, with Brazzaville (228) in the Republic of the Congo, Sana’a (229), and Baghdad (230) ranking the lowest. 

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Canadian Housing Starts Trend Increased in January

OTTAWA, February 8, 2017 — The trend measure of housing starts in Canada was 199,834 units in January compared to 197,881 in December, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“New home construction started off strong in 2017, both in terms of single-detached homes and multi-unit residential,” said Bob Dugan, CMHC Chief Economist. “While Ontario starts continue to drive the national trend upwards, construction has slowed in BC since last July when it reached a near record high. This slowdown can be partly attributed to builders focusing on projects still underway.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of Canada’s housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The standalone monthly SAAR for all areas in Canada was 207,408 units in January, up from 206,305 units in December. The SAAR of urban starts increased by 1.0 per cent in January to 189,688 units. Multiple urban starts increased by 4.2 per cent to 125,886 units in January and single-detached urban starts decreased by 4.6 per cent, to 63,802 units.

In January, the seasonally adjusted annual rate of urban starts increased in Ontario and Atlantic Canada, but decreased in British Columbia, the Prairies and Quebec.

Rural starts were estimated at a seasonally adjusted annual rate of 17,720 units.

Preliminary Housing Starts data is also available in English and French at the following link: Preliminary Housing Starts Tables

As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.

 

Information on This Release:

Karine LeBlanc
CMHC Media Relations
613-740-5413
kjleblan@cmhc-schl.gc.ca

Additional data is available upon request.

    Preliminary Housing Start Data
    January 2017  
  December 2016January 2017
Trend1, all areas 197,881 199,834
SAAR, all areas 206,305 207,408
SAAR, rural areas2 18,553 17,720
SAAR, urban centres3    
Single-detached 66,895 63,802
Multiples 120,857 125,886
Total 187,752 189,688
Atlantic, urban centres3 5,208 5,941
Quebec, urban centres3 33,444 31,475
Ontario, urban centres3 77,474 96,883
Prairies, urban centres3 32,615 29,081
British Columbia, urban centres3 39,011 26,308
Canada January 2016January 2017
Actual, all areas 10,217 12,964
Actual, rural areas2 508 638
Actual, urban centres3    
January — Single-detached 3,191 3,318
January — Multiples 6,518 9,008
January — Total 9,709 12,326
January to January — Single-detached 3,191 3,318
January to January — Multiples 6,518 9,008
January to January — Total 9,709 12,326

Source: CMHC
1 The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR). By removing seasonal ups and downs, seasonal adjustment allows for comparison of adjacent months and quarters. The monthly and quarterly SAAR and trend figures indicate the annual level of starts that would be obtained if the same pace of monthly or quarterly construction activity was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels.
2 CMHC estimates the level of starts in centres with a population of less than 10,000 for each of the three months of the quarter, at the beginning of each quarter. During the last month of the quarter, CMHC conducts the survey in these centres and revises the estimate.
3 Urban centres with a population of 10,000 and over.
Detailed data available upon request

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What is a Calgary Stormpond?

Storm ponds in Calgary protect our rivers by helping remove sediment, fertilizer, pesticides and other pollutants, as well as protecting our communities from flooding.

 

Calgary’s storm ponds are managed by The City of Calgary and subject to maintenance to control weeds, algae and sediment build up. Contact 311 for any issues and concerns and visit:http://www.calgary.ca/UEP/Water/Documents/Water-Documents/What-is-a-stormpond-brochure.PDF to learn more about how The City manages storm ponds

 

Calgary Stormpond Brochure

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Home occupation permits Calgary

Sometimes you’re allowed to run a business out of your home in Calgary with a permit as long as it doesn’t interfere with other residents in the neighbourhood. The home occupation rules in the Calgary Municipal Code contain limits designed to minimize the impact your commercial activity has on your residential neighbourhood.
 
What is a home occupation bussiness in Calgary?

Home occupations are small-scale businesses that operate out of a home in a residential neighbourhood. Two types of home occupations are allowed in Calgary.

 

The first type is a Class 1 Home Occupation which has no effect on the surrounding neighbourhood. This type is allowed in all residential neighbourhoods.

 

The second type is a Class 2 Home Occupation which has minimal effect on the surrounding neighbours. This type is allowed only if no adverse impact on the neighbours can be guaranteed.

 

If you require documentation for business licensing or tax purposes, municipal planning approval/acceptance will be in the form of either a Home Occupation Class 1 Clearance form or a Development Permit for Home Occupation Class 2.

 

If you have questions please contact City of Calgary at 403-268-5311.

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I have listed a new property at 302 2515 14A ST SW in Calgary.
Excellent Value for the Budget Wise Urban Professional in trendy Bankview! Condominium renovated in 2001 & located on a Bankview SW Calgary! Quiet tree lined street, but close to all that matters, restaurants, shops and services that 17th Av has to offer! Bright open concept, 2 bedroom, 1 bathroom with a deep soaker tub unit in more than 800 SqF. Maple Cabinets, Hardwood Flooring, Ceramic Tiles, California knock down textured ceilings, Fireplace, Window Coverings, Top of line Black appliances, In Suite Laundry with stacked Washer/Dryer, Parking stall and Storage Locker! Condo fees include all the normal things plus your gas and water. Enjoy the weekends with the corner gas fireplace and large deck for your morning coffee viewing a partial view of Calgary downtown and trees and more trees! Don’t buy anything until you have seen this Bankview condo for sale! A rare opportunity to find in the Calgary real estate market a concrete building in Bankview at this price and location!
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A carbon levy is charged on all fuels that emit greenhouse gases, including natural gas, gasoline, diesel and propane. Certain fuels, such as marked gas and diesel used on farms, are exempt from the levy.

Enter your fuel use, food and beverage costs, income and family information to calculate your  carbon levy costs and rebate amounts.

 

Find out more about Alberta carbon levy and rebates.

 

Adjusted Family Net Income below refers to the net income reported on Line 236 of the tax return for both the eligible individual and his or her spouse or common-law partner, with minor adjustments for Registered Disability Savings Plan and Universal Canada Child Benefit amounts received or repaid. These amounts do not include any income reported by minor children.

 

Calculate your carbon levy rebate and costs

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After a long period of economic downturn, Calgary's housing market is expected to see some price stability in 2017, but not across all market segments and property types. Both detached and attached prices remain unchanged over 2016 levels, while apartment is forecasted to contract by another two per cent.

 

"The transition in the housing market will be a slow process," said CREB® chief economist Ann-Marie Lurie. "We are entering the year with high unemployment rates and the possibility that job growth will not occur until the latter portion of 2017. These conditions will continue to weigh on housing demand, but supply is adjusting to weaker sales activity, which will eventually translate into price stability."

 

City-wide sales are forecasted to total 18,335 units in 2017, a three per cent gain over 2016, but 12 per cent below long-term averages. This modest demand change will merge with declining listings and easing inventory in the new home market to support more balanced conditions and prevent further downward pressure on prices. 

 

"This year is about moving away from extremely challenging conditions," said 2017 CREB®president David P. Brown. "The transition is going to take some time, which means sellers need to stick with the fundamentals of pricing their homes correctly against other comparable product in the market. There's still lots of choice out there for buyers, but major price declines are unlikely in most segments."

 

Alberta's economy was much softer than many predicted over the past two years, as prolonged weakness in energy weighed on other sectors of the economy, including housing. Since the start of the downturn in late 2014, price adjustments have ranged from a low of nearly five per cent in the detached sector, to a high of 11 per cent in the apartment sector. The amount of price change between these different areas of the market was based on how much oversupply there was in each sector at any given time.

 

Our housing market is moving toward a new equilibrium, but that shift is heavily dependent on stability in the energy sector and overall labour markets. There is also considerable risk from recent government policy changes that could derail expected gains in the second half of 2017. It's a new outlook this year, but the market risks shouldn't be overlooked. 

 

 

View Calgary Real Estate Statistics and Forecast for 2017...

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The Calgary Board of Education (CBE) said they are on schedule to open 15 new schools in Calgary during the 2016-2017 school year. The projects include 21 new schools, three replacement schools, six major school modernizations and one modular extension.


Aspen Woods | Dr. Roberta Bondar School
Anticipated Opening Date | Jan. 2017 Auburn Bay Elementary School
Anticipated Opening Date | Sep. 2016 Copperfield Elementary School
Anticipated Opening Date | Sep. 2016 Cranston Middle School
Anticipated Opening Date | Jan. 2017* Evanston Elementary School
Anticipated Opening Date | Fall 2016 Evergreen | Marshall Springs School
Anticipated Opening Date | TBD McKenzie Towne | McKenzie Highlands School
Anticipated Opening Date | Jan. 2017 Martindale Elementary School
Anticipated Opening Date | Sep. 2017 New Brighton Elementary School
Anticipated Opening Date | Sept. 2016 New Brighton/Copperfield | Dr. Martha Cohen School
Anticipated Opening Date | Jan. 2017 Northeast | Nelson Mandela High School
Anticipated Opening Date | Sept. 2016 Panorama Hills | Buffalo Rubbing Stone School
Anticipated Opening Date | Sep. 2016 Rocky Ridge/Royal Oak | William D. Pratt School
Anticipated Opening Date | Fall 2016 Saddle Ridge | Hugh A. Bennett School
Anticipated Opening Date | Jan. 2017 Saddle Ridge | Peter Lougheed School
Anticipated Opening Date | Fall 2016 Silverado Elementary School
Anticipated Opening Date | Sep. 2017 Southeast High School
Anticipated Opening Date | Sep. 2018 Springbank Hill/Discovery Ridge Elementary/Middle School
Anticipated Opening Date | Sep. 2017 Tuscany | Eric Harvie School
Anticipated Opening Date | Sep. 2016 West Springs/Cougar Ridge Middle School

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If you’re buying or selling Calgary Real Estate, probably of your interest is the City of Calgary Property Assessment utility. It gives a wealth of information on your Real estate assessments, including maps of the entire neighborhood with the last assessment value for each property. Find it here.


For information and inquiries, contact:

 The City of Calgary Assessment: Telephone 403-268-2888 (Mon. – Fri., 8 a.m. – 4:30 p.m.)
311 (after 4:30 p.m. daily and on weekends)
Hearing impaired 403-268-4889
Web calgary.ca/assessment Fax 403-268-8278
Mail The City of Calgary Assessment (#8002) P.O. Box 2100, Stn. M Calgary, AB T2P 2M5
In person* 2924 11 St. N.E. Calgary *Please call first to arrange an appointment.
Call 311 for: ❯ School support changes. ❯ Tax Instalment Payment Plan (TIPP). ❯
Outside Calgary, call 403-268-CITY (2489).
To update your mailing address, contact Alberta Land Titles: In person Alberta Government Services Building 2nd floor, 710 4 Ave. S.W.
Calgary Web servicealberta.gov.ab.ca (under Forms)


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Los Latinos en Calgary, Alberta conforman uno de los mayores grupos no europeos en Calgary, Alberta Canadá. En 2001, 244.400 personas de origen latinoamericano vivió en Canadá. Ese mismo año, que representaban casi el 1% de la población total de Canadá. La comunidad de Latinos en Canadá está creciendo mucho más rápido que la población en general. Entre 1996 y 2001, por ejemplo, el número de personas que reportan origen latinoamericano aumentó en un 32%, mientras que la población total creció sólo un 4%. El grupo de canadienses con origen latinoamericano incluye a personas de varios países en esa parte del mundo.



En 2001, por ejemplo, el 15% provino de México, mientras que el 14% eran chilenos, 11% provenían de El Salvador, el 7% eran peruanos y el 6% de Colombia. La mayoría de los latinoamericanos canadienses informan que sólo tienen un origen étnico. En 2001, el 61% de todos los que reportaron un linaje que se originó en América Latina, dijo que sólo tenían un origen étnico, mientras que el 39% dijo que también tenía otros orígenes étnicos.


Esto fue similar a la cantidad de la población total de Canadá informó que varios orígenes étnicos, el 40%.

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Whether you’re a Calgary first time home buyer or an experienced investor, I’m committed to guiding you through the buying process. There are many important questions to consider for a first time buyer when purchasing a home. Avoid time-consuming and costly mistakes and put my experience to use.  

 

If you are a first time buyer, to get the ball rolling, all you need to do is fill out the form below or simply get in touch and I will help you find your Calgary dream home!

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When you put your home on the market, Fernando Aramburu Realtor® will hire a photographer to take photos of your home to put on MLS® listings. People say that buyers firs impression it’s crucial. That is why stage your house and prepare it for photos, it’s very important. To ensure good photographs, please consider the following staging ideas.

Bedroom
Remove all photographs, cribs, etc
· Make sure bed is made perfectly
· Set provisionally aside for the photo heaters, clothes, toys, stuffed animals, toy boxes
· Remove all valuable items from the walking closet and side tables
Kitchen
Remove any magnets from the fridge door and items from the top of fridge

Buying and Selling

· Put away any towels that may be hanging from the oven
· Put away all small appliances! coffee makers, toasters, blenders, crockpots etc. Remove dish racks, sponges, soap, paper towel, clothes   and put in cupboards for photos
Living Room
Remove all family photos, trophies or toys.
· If you have a throw, make sure it is neatly folded and consider putting it away for the photo
Dining Room
Stage the dining table for dinner
· Make sure chairs are neatly tucked in
Bathroom
Everything needs to be put away
. Hair shampoo, conditioner, body wash, soap, toothbrush, need to be put away for photos
. Hair brush, make-up items, soap, sponges need to be removed for photoIn addition, all closets should be neat and tidy and everything needs to be put where it belongs. Also consider not using the kitchen to make fried meals.If you would like any more tips or are looking for a REALTOR® to assist you in the sale of your home, please don’t hesitate to contact me. I am happy to assist you in all of your real estate needs.

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Bird Construction Inc. announced that the City of Calgary has awarded the Company a fixed-price contract to construct the Seton Recreational Facility located in southeast Calgary.


The 30,940-square-metre facility will offer leisure, sports, arts, cultural and recreational amenities for individuals and families, as well as competitive sport venues for groups and organizations. Several features include: a 50-metre, 10-lane competition pool, a leisure pool, two multi-purpose ice rinks, three gymnasiums and a 2,325-square-metre library. Construction of the facility is expected to commence shortly with an expected completion date scheduled for the fall of 2018.


Mr. Ian Boyd, Bird’s President and CEO, stated “We are excited to be awarded to build the new facility situated in the heart of a vibrant urban centre in southeast Calgary. Projects like the Seton Recreational Facility and the soon to be completed, Quarry Park Recreational Centre are vital to our communities and Bird is proud to be successfully delivering them to the City of Calgary and ultimately, the communities that they serve.”

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.