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March 2018 Archives

Calgary a star city for residential real estate deals in 2018

Toronto and Vancouver aren't the only cities that will shine this year for real estate deals. According to experts in residential real estate in Canada, Calgary and Montreal will also be in the list of star cities. Calgary is expected to make an immense recovery this year and has already seen a 45 per cent increase in sales from this point last year, especially in the luxury market.

Real estate transactions: Chinese investors may have cold feet

A recent survey regarding the housing market shows that investors from China may be cooling off on the housing market. The survey indicates that real estate transactions in Canada made by Chinese citizens are starting to slow down and it could be because of new regulations regarding foreign investment. Apparently, it's not because these investors want to stop making acquisitions, but because deals are hard to come by.

Encouraging residential real estate market in Central Alberta

Through the bitter winds of the winter often come the encouraging winds of change. This bodes true for the residential real estate market in central Alberta after a somewhat chilly November and December, according to the Central Alberta Realtors Association (CARA). In fact, the entire province saw an almost 7 per cent increase in sales in January from the previous year.

Cryptocurrency could help real estate transactions in Alberta

The technological age is here without a doubt. Bitcoin is digital currency that uses encryption to regulate and generate currency units and to verify transfer of funds. An office building in Calgary is earmarked to be the first in Alberta to accept this type of currency for payment of rental space. If this any indication, cyptocurrency may be used in the near future for other types of real estate transactions as well.

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