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Jane Kinsella
The Real Estate Company Ltd.
11, 5080 12A St. SE, Calgary, Alberta
P: 403-874-6143
F: 403-476-5467

Canada needs another 4.5 million homes warns study


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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Wednesday, January 15, 2014 - Real Estate

Canadian home prices return to record high Canadian home prices ticked back up to a record high in December, thanks entirely to Edmonton, Vancouver and Toronto, according to the Teranet-National Bank house price index. The 0.1-percent rise in home prices in December reversed a 0.1-percent decline in November, and returned the index to its all-time high. But the majority of the 11 cities that the index tracks have seen prices edge down in recent months. Winnipeg, Calgary, Ottawa-Gatineau, Quebec ... Full Article...

posted in General at Wed, 15 Jan 2014 22:13:43 +0000

Monday, January 6, 2014 - Calgary Real estate

Calgary MLS listings significantly down from last year  Pushing prices upwards CALGARY - The single-family home inventory of 1,515 MLS listings is the lowest level to begin a year since 2006 and it?s the second fewest active listings in a decade to begin a year, says a Calgary realtor. According to research by Mike Fotiou, associate broker with First Place Realty, there were 2,236 active listings in the city?s overall real estate market to begin the month of January, down 17.9 per cent from a ... Full Article...

posted in News at Mon, 06 Jan 2014 18:13:00 +0000

Sunday, January 5, 2014 - Calgary Urban real Estate

2014 likely to mark year of urbanism Welcome to 2014, it?s going to be an interesting year for the Calgary new home building and land development industries. Not in the way 2013 was interesting, which was akin to watching a stock car race, waiting for the next pile-up to happen. The interest this year will focus on the coming changes to how and where Calgary will grow in the future, with a greater focus on increasing the population in established neighbourhoods and at what cost. The trend to ... Full Article...

posted in News at Sun, 05 Jan 2014 20:29:07 +0000

Saturday, January 4, 2014 - Real Estate Vancouver/Calgary

Barbara Yaffe: Vancouver real estate market steady, but lacks Prairie cities' sizzle  Buyers increasingly want to live in ?mixed-use products,? featuring office, retail and residential in one convenient location. Many homes on the east side of Vancouver are now selling for more than $1 million, which probably explains why Vancouverites have been seeing so many construction cranes hard at work, building more affordable, urbanized and densified communities characterized by tall, multi-purpose ... Full Article...

posted in News at Sat, 04 Jan 2014 18:01:15 +0000

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