Calgary led the country in April with the highest year-over-year growth in MLS sales, according to the Canadian Real Estate Association. In a report released Tuesday of housing market activity in Canada’s major centres, CREA said MLS sales of 2,720 in Calgary were up 30.3 per cent from a year ago. In Canada, sales of 49,480 for the month increased by 11.5 per cent from April 2011. The average MLS sale price in Calgary rose by 0.7 per cent to $414,932 while it was up 0.9 per cent in Canada ... Full Article...

Just added this listing: "Here is a chance to live 10 min from downtown for under $360K in a totally renovated home in Albert Park. This 1431 sq ft 2 storey home has been renovated from top to bottom and has four bedrooms, two 4 pcs baths, one two pcs bath plus master ensuite. The renovations include a new roof, new windows (Triple pane), new doors, new siding, new high efficiency furnace & hot water tank. The kitchen is brand new with granite and high-end appliances. There is new tile floor in ... Full Article...

OTTAWA — The prices of new homes in Canada rose by 0.3% in March from February, the 12th consecutive monthly increase, Statistics Canada said on Thursday. The increase was slightly greater than the 0.2% advance predicted by market operators. Compared with March 2011 the index rose by 2.6%, up from the 2.3% year-on-year growth recorded in February. The metropolitan region of Toronto and Oshawa, representing 26.6% of the overall market, was the top contributor to the month-on-month advance, ... Full Article...

Just added this listing: "Don't miss this fabulous, bright, corner unit in popular Evergreen. Just a few minutes walk to Sobey's in Bridlewood and close to transportation. It features a vaulted, great room style floor plan and a spacious kitchen with maple cabinets, beautiful tile backsplash, corner pantry, over-the range microwave and island. Relax on the balcony with south and west exposure overlooking greenspace/trees. Two bedrooms including large master bedroom (fits a king bed!), four piec ... Full Article...

Just added this listing: "Here is a great opportunity to buy a very affordable home or a rental property. This 1225 sq/ft 3 bedroom, two story home is located in the fabulous community of Somerset. From your front steps you're just minutes walk to the LRT, Shopping, Theaters, Restaurants and all the Schools and recreational facilities that south west Calgary has to offer. This home features a great kitchen with eating bar overlooking a bright and spacious family room with gas fireplace, lots of ... Full Article...

Calgary, May 1, 2012 – For the month of April 2012, year-overyear sales activity improved across all sectors in the city. Calgary residential sales total 2,200 for the month, a 26 per cent increase over levels recorded last year. “The growth in full-time employment, combined with improving migration levels, is translating into improved demand for housing,” says Ann-Marie Lurie, CREB® chief economist. “While sales growth does seem exceptionally strong, it is importa ... Full Article...

CALGARY — It was a very busy April for Calgary’s housing market. According to the Calgary Real Estate Board, overall residential MLS sales in the city of 2,200 for the month were up 26.07 per cent from April 2011 and the average sale price of $429,388 increased by 1.95 per cent from last year. Carrie Pepper was one of the many caught up in the April activity as she bought a condo in the Thorncliffe-Greenview neighbourhood. “I wasn’t even planning on buying. I was looking ... Full Article...

CALGARY — It is a testament of Calgary’s booming luxury home market. Recently it took only a couple of days for a home in the upscale Britannia neighbourhood to sell for $6 million as multiple bids upped the price by $1 million from what it was originally listed, making it the third highest-ever MLS sale in the city, the Herald has learned. The custom-built home, in a private ridge setting, was listed and sold by Rooney Cronin + Valentine of RE/MAX Real Estate Central. Sue Anne Va ... Full Article...

John Shmuel  Apr 11, 2012 – 8:42 AM ET | Last Updated: Apr 13, 2012 4:45 PM ET Home construction is booming in the Prairies, and Alberta, after years of tepid housing starts, is leading the charge. The rate of residential construction, especially condominiums, has lagged the oil boom in Alberta in the past few years. But blockbuster housing starts in March — they jumped 72% year over year — hint that residential construction is getting hot again. The data were released by Ca ... Full Article...