CALGARY — Steady growth is forecast for Calgary’s housing market in the next two years, according to a new report released Monday by Canada Mortgage and Housing Corp. The agency said MLS sales in the Calgary census metropolitan area will grow to 23,000 transactions in 2012 and to 23,700 in 2013 from 22,466 in 2011. The CMHC said the average sale price will rise from $402,851 in 2011 to $409,000 in 2012 and $420,000 in 2013. The optimistic forecast also translates into the new housin ... Full Article...

New price tool shows year-over-year growth Calgary, February 6, 2012 – The year-over-year value of homes in Calgary increased in January 2012 by 2.7 per cent, according to a new price measurement tool vetted by academia and financial industry experts, including the Bank of Canada. The new MLS® Home Price Index (HPI) was introduced today by the Canadian Real Estate Association in partnership with Canada’s five largest real estate boards – Vancouver, Fraser Valley, Calgary, Toro ... Full Article...

Just added this listing: "Country living in the city. Very few of the homes that back onto Fish Creek Park in Deer Run come on the market and this one is a gem. Open your front door and your only just steps from all the walking paths and facilities Fish Creek Park has to offer. This 1295 sq ft bright & sunny bungalow has had many renovations including the kitchen with newer cabinets and granite counter tops. Other renovations include hardwood floors, gas fireplace, paint and light fixtures. The ... Full Article...

Typical January for Calgary real estate The housing market pointing towards price stability Calgary, February 1, 2012 – Home sales in the City of Calgary are off to a slow start as buyers show continuing caution, according to figures released today by CREB®. “Overall, the market is behaving as expected for the winter season,” says Bob Jablonski, president of CREB®. The year-over-year volume of residential sales in the City of Calgary dropped, but the inventory of available ho ... Full Article...