Looking forward into 2019, We in the Real Estate World are hoping for a better year than 2018. Although reports from economists are saying all but our wish. The Calgary Market has continued to slow down, as well as Toronto & Vancouver, which in turn may positively impact our home market. The following is a report from "Better Dwelling" on how All but 3 Canadian Cities should continue to see a slow down for the remainder of the year.

"Canadian real estate buyers are taking a break after driving most of the country’s markets to new highs. Canadian Real Estate Association (CREA) numbers show the sales to listings ratio declined across most of Canada in January. There were only three exceptions, all located east of Toronto.

The sales to new listings

9432 Allison Drive SE will be open this saturday & sunday between 1-3pm

STUNNING FULLY RENOVATED 4 BEDROOM DREAM HOME SITUATED ON A QUIET STREET IN ACADIA.

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Kenney wants mortgage stress test removed for Albertans as house prices sag

A United Conservative Party government would call on Ottawa to eliminate mortgage rules that are making it harder for Albertans to buy homes, UCP Leader Jason Kenney said Wednesday. 

Speaking to a crowd of hundreds of realtors at the Calgary Real Estate Board’s annual forecast event, Kenney said the mortgage stress test introduced at the beginning of 2018, which was meant to ensure homebuyers can still afford their mortgages even if interest rates rise substantially, is an “unfair attack on Alberta home ownership.” He said if he becomes premier, he will introduce a motion in the legislature calling for the federal government to remove the rules from the Alberta market

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