Month: March 2021

Looking at ways to take advantage of a booming real estate market

There’s a ton of cash to be made in real estate and with the Canadian market booming, there’s no better place to invest. Real estate has always been a tried and true way of diversifying an investment portfolio, but with such large sums of money involved, you shouldn’t go in blind.

https://financialpost.com/personal-finance/business-essentials/canadas-real-estate-market-is-booming-heres-how-you-can-take-advantage

The average detached resale house price in Toronto and Vancouver in February was $1.4-million and $1.6-million, respectively.

The average detached resale house price in Toronto and Vancouver in February was $1.4-million and $1.6-million, respectively. In Calgary it was $485k. Considering remote work, affordability and life quality, Calgary becomes a very attractive hub.

Calgary’s housing market remains one of the hottest in Canada. Here’s a look at a comparison between other major cities.

Calgary’s real estate market ranked only behind Vancouver and the Fraser Valley nationally by sales growth last month. Sales rose by 54 per cent in February, year over year, the highest level in 12 years for Calgary, an RBC Economics report shows.

https://calgaryherald.com/life/homes/calgary-among-hottest-markets-for-sales-growth

Calgary’s housing sales soar over 50% from a year ago. Here’s a look at a few factors leading to the growth

The Calgary Real Estate Board says the continued rollout of COVID-19 vaccines and low mortgage rates led to a spike in home sales and prices in February.

https://www.cbc.ca/news/canada/calgary/calgary-real-estate-board-creb-home-sales-real-estate-1.5932346