Latest News

Market Snapshot Aug 13-19

On August 20th, 2012, posted in: Latest News by Comments Off

Stats for the previous week… New listings: 51 (Last week: 54) Active listings: Local board-734, Medicine Hat-457, Single Family Homes-290 (Last week: Local board-716, Medicine Hat-442, Single Family Homes-275) Conditional Sales: 19 (last week: 22) Sold property: 35 (last week: 25) Aug 13-19 ’09 – 28 sales ’10 – 24 sales ’11 – 26 sales ’12 – 35 sales

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Market Snapshot Aug. 6-12

On August 13th, 2012, posted in: Latest News by Comments Off

Stats for the previous week… New listings: 54 (Last week: 51) Active listings: Local board-716, Medicine Hat-442, Single Family Homes-275 (Last week: Local board-738, Medicine Hat-441, Single Family Homes-264) Conditional Sales: 22 (last week: 19) Sold property: 25 (last week: 39) Aug 6-12 ’09 – 25 sales ’10 – 33 sales ’11 – 39 sales ’12 – 24 sales

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July Summary and Market Snapshot for July 30 – Aug. 5

On August 7th, 2012, posted in: Latest News by Comments Off

Number of Residential Units Sold According to Price Category: a) Under 49,999        3    e) 200,000-249,999 37    i) 400,000-449,999 10  m) 600,000-649,999 1    q) 800,000-899,999 0 b) 50,000-99,999     4     f) 250,000-299,999 17    j) 450,000-499,999   5      n) 650,000-699,999 0    r) 900,000-999,99  0 c) 100,000-149,999 14   g) 300,000-349,999 17   k) 500,000-549,999   1      o) 700,000-749,999 0    s) over 1,000,000     0 d) 150,000-199,999 22  h)..

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Market Snapshot July 23-29

On July 30th, 2012, posted in: Latest News by Comments Off

One thing can be said about the market, year to date, and that is consistency. Since the beginning of the year there have been less then 800 active listings on the market and there have also been a consistent increase of sales year over year of 30% or more. This tells me that we are..

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Market Snapshot July 16-22

On July 23rd, 2012, posted in: Latest News by Comments Off

Stats for the previous week… New listings: 65 (Last week: 40) Active listings: Local board-729, Medicine Hat-443, Single Family Homes-264 (Last week: Local board-723, Medicine Hat-441, Single Family Homes-260) Conditional Sales: 38 (last week: 28) Sold property: 42 (last week: 34) July 16-22 ’09 – 32 sales ’10 – 26 sales ’11 – 24 sales ’12 – 42 sales

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Market Snapshot July 9-15

On July 17th, 2012, posted in: Latest News by Comments Off

Stats for the previous week… New listings: 40 (Last week: 63) Active listings: Local board-723, Medicine Hat-441, Single Family Homes-260 (Last week: Local board-729, Medicine Hat-441, Single Family Homes-260) Conditional Sales: 28 (last week: 32) Sold property: 34 (last week: 37) July 9-15 ’09 – 24 sales ’10 – 19 sales ’11 – 27 sales ’12 – 34 sales

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Market Snapshot July 2-8

On July 9th, 2012, posted in: Latest News by Comments Off

It will be interesting to see how the new mortgage rules will affect home sales and borrowing tendencies. Today though is the beginning of the new policy set forth by Jim Flaherty, the Finance Minister. Click on the link below to have a better understanding of what these changes are. http://www.cbc.ca/news/business/story/2012/07/09/bmo-mortgage-housing.html Stats for the previous..

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Month of June Update and Market Snapshot June 25 – July 1

On July 3rd, 2012, posted in: Latest News by Comments Off

Number of Residential Units Sold According to Price Category: a) Under 49,999        5    e) 200,000-249,999  28  i) 400,000-449,999 3  m) 600,000-649,999 1  q) 800,000-899,999 1 b) 50,000-99,999      5    f) 250,000-299,999  24   j) 450,000-499,999 2   n) 650,000-699,999 0  r) 900,000-999,999 0 c) 100,000-149,999 19   g) 300,000-349,999  21  k) 500,000-549,999 4   o) 700,000-749,999  0   s) over 1,000,000    0 d) 150,000-199,999..

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Market Snapshot June 18-24

On June 25th, 2012, posted in: Latest News by Comments Off

Stats for the previous week… New listings: 52 (Last week: 55) Active listings: Local board-755, Medicine Hat-449, Single Family Homes-270 (Last week: Local board-753, Medicine Hat-455, Single Family Homes-273) Conditional Sales: 24 (last week: 20) Sold property: 36 (last week: 43) June 18 – June 24 ’09 – 36 sales ’10 – 19 sales ’11 – 35 sales ’12 – 36 sales

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Canadian Government is Tightening Up

On June 21st, 2012, posted in: Latest News by Comments Off

There is news coming from Ottawa that is tightening up lending policy. The biggest change, maximum amortization period is now 25 yrs from 30 yrs, which will affect the average buyer by increasing the payment. Example: Mortgage of $200,000, Interest rate of 3.25%, payment amortized over 30 yrs = $870, compared to a payment amortized..

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