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Jane Kinsella
The Real Estate Company Ltd.
11, 5080 12A St. SE, Calgary, Alberta
P: 403-874-6143
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Canada needs another 4.5 million homes warns study

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A  new study says that we will need another 4.5 million homes over the next three decades. The report from Urban Futures points to population growth and increasing life expectancy and shows a marked departure from the predictions that had historically been reported. The generation that followed the baby boomers was smaller in number, leading to forecasts that there would be a meltdown in the housing market as the boomers vacated their homes. However growing families and strong immigration has changed that. Urban Futures says there have been 2.2 million extra occupied homes since 2000, or around 185,000 per year on average and with a large number of seniors living longer and being able to stay in their homes for longer, this figure is edging higher. The study predicts that 82 per cent of those in homes today will still be alive in 2033 and 73 per cent by 2041. With net migration around 1 million it’s easy to see how the figures stack up..

 



 

 

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Tuesday, August 24, 2010 - Calgary Home Sellers Beware

Calgary Home Sellers really have to keep their wits about them right now as there are a lot of scams out there and people trying to take advantage of a Calgary buyers market with more desperate sellers out there. I have recently been approached by so called Calgary investors with all sorts of offers to buy properties with unique rent backs, hold backs and other sorts of ?creative? options.(most I have never heard of even after 15 years of Calgary real estate) While none of these are illegal, ... Full Article...

posted in General at Tue, 24 Aug 2010 17:37:48 +0000



Wednesday, August 18, 2010 - Calgary Resale Market Tumbles

It was a sinking feeling from coast to coast in July, as home sales dropped by nearly a third across the entire country. But whereas realtors were likely not impressed to see sales plunge, homebuyers won?t have to fear price spikes any time soon, observers say. That?s especially true in Calgary, a city that had one of Canada?s most overheated real estate markets prior to the financial meltdown in late 2008. Now, it?s seeing one of the sharpest year-over-year pullbacks in sales, shows data ...

posted in News at Wed, 18 Aug 2010 17:28:29 +0000



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