December 2009 
There are 3 blog entries for December 2009.
Merry Christmas!
Wishing you and your family all the very best of the Christmas season and may your home be filled with happiness and laughter this holiday season. I hope you get a chance to take a step back, relax for a few days, and enjoy all that the holidays have to offer.
Thank you for all your support in 2009 and best wishes for a Healthy, Happy and Prosperous 2010.
I look forward to the opportunity to continue helping you with your goals in 2010. Please extend my best wishes to your family, and I hope you have an amazing 2010.
Your Best Friend in Real Estate,
Joe
Calgary Real Estate Gets Another Break From Rate Increase
The Bank of Canada announced today that it will hold its rate at 1/2 percent. Banks therefore are expected to keep their prime rates at 2.25%.The Bank of Canada states in their announcement while the global economy is progressing positively, there is still risk going forward. In Canada, the demand for Canadian production seems more local than international, resulting in a weaker than expected GDP growth. As well inflation seems a little higher than their October Report, although still well within range. The risks to the current direction in rates are a potentially strong global recovery that would heighten demand, causing inflation outside of projection. Offsetting that demand is a high Canadian dollar which stifles that demand from Canadian…
Home Sales in Calgary Remain Strong!
Statistics released by the Calgary Real Estate Board indicates that the Calgary housing market remains on a robust curve towards recovery.
Sales of single family homes in Calgary have increased by a whooping 63 per cent over the same time a year ago. It came as an even more pleasant surprise that condominium transactions were up by a shocking 77 per cent compared to twelve months ago in the Calgary real estate market.
Bonnie Wegerich, president of the Calgary Real Estate Board has said that - “November sales are clearly demonstrating that the recovery in the Calgary housing market has staying power. We have now seen six consecutive months of year-over-year sales increases for both the single-family and condo markets. And November sales are in line…
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Last updated on: 2012-02-10 00:18:44
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- Joe, Thank you for your assistance in helping us sell our home on time. You provided us with exceptional customer service and your analysis of the market was insightful as well as accurate. We will recommend you to others and call upon you again when needed. Thanks again.
- Mike & Laura Holemar
