Each month this year has established a record for luxury home sales in Calgary’s resale market.
CALGARY - Each month this year has established a record for luxury home sales in Calgary’s resale market.
September is the latest.
According to Mike Fotiou, associate broker with First Place Realty, as of Thursday, a total of 61 MLS properties in the city have sold for $1 million or more, eclipsing the previous record of 59 for the month set last year.
The most expensive sale so far this month was for a home in Briar Hill at $4.6 million, he said.
Fotiou also said the neighborhoods of Altadore/River Park and Elbow Park/Glencoe lead the way in sales in September with six and five transactions respectively as of Thursday.
See full Calgary luxury home market at : http://goo.gl/wOqBHy
Have you ever wonder, which universities could provide you friendly and knowledgeable assistance with resources and tools for academic success and encourages collaboration, discussion, and peer learning.
See it first at: http://goo.gl/OFjF36
In Canada, rising exports and consumer spending have translated into better growth.
While the U.S. economy is seeing significant growth, economies in neighboring countries, Canada and Mexico, are doing also well. In Canada, rising exports and consumer spending have translated into better growth. This year, their GDP will grow by about 2.25 percent with a similar boost predicted for 2015.
Meanwhile to our south, an energy boom is propelling the Mexican economy. The Mexican government's recent decision to allow foreign and domestic companies to explore for and refine oil will prompt Pemex, Mexico's state-owned enterprise, to become more competitive, boosting growth. Also, home building in the country is recuperating, and manufacturing is on the rise as the U.S. and Canadian consumer demand begins to rebound.
This is promising news for U.S. businesses overall since Mexico and Canada are amongst the U.S.' top foreign customers, accounting for $944-billion-plus in exports.
In contrast, China's economic growth is likely to slow in the coming years. Gains will drop to around 6 percent by 2016 from 7 percent in 2015 and 7.3 percent this year. This is a drastic change compared to the double-digit ...
You'd think that we live in a caste society with an exclusive few perpetually "controlling" the vast majority of wealth given the stream of media stories on a recent report from the Broadbent Institute.
Headlines in the Globe and Mail, Toronto Star, and CBC all trotted out the cliché that the rich are getting richer while the poor are getting poorer, giving the impression of a doomsday-like wealth inequality gap. Fortunately, nothing could be further from the truth.
This latest analysis, like most others on inequality, is fundamentally misleading because it relies on snapshots of the income and wealth distribution, failing to account for important changes that happen over time. The report implicitly assumes that people with low income today are the same people who will have low income in the future. In reality, the income and wealth of Canadians is anything but stationary over the course of their lives.
Just think of your own life experience. Many of us start off with low-paying jobs when we're young, in school, and have little work and life experience. After finishing college, university, or other training, a high wage isn't necessarily guaranteed. ...
When evaluating each destination, we considered expert opinions, user votes and a variety of factors, such as affordability, dining and accommodation options, as well as local activities and entertainment.
To help you narrow the scope of where to take your next Canadian vacation, U.S. News compiled a list of the best destinations our northern neighbor has to offer. When evaluating each destination, we considered expert opinions, user votes and a variety of factors, such as affordability, dining and accommodation options, as well as local activities and entertainment. Our list of Canda's top spots includes cities and landscapes, from the cosmopolitan streets of Toronto to the peaks of the Canadian Rockies. Vote for your favorite destination below to have a say in next year's ranking.
Why go: It's no mystery why Vancouver was chosen to host the 2010 Winter Olympic Games: This city is all about sports. Vancouverites spend their days skiing on Grouse Mountain, surfing at Wreck Beach and strolling through Stanley Park. Plus, Vancouver offers plenty of cultural attractions, including museums and outdoor markets.
Why go: Nestled along the foothills of the Canadian Rockies, this tiny mountain town is a haven for ...