Housing affordability in Alberta improves, bucks national trend By Mario Toneguzzi, Calgary HeraldMarch 15, 2010 Housing affordability improved in Alberta in the fourth quarter of last year amid slower economic recovery, compared with other regions across the country, according to the latest housing report released today by RBC Economics. "The downturn in the housing market has created a large surplus of homes available for sale. This has held back the pace of price increases in the province ... Full Article...

On March 2, 2010, the Bank of Canada confirmed that it would not be raising the Prime Rate.  Good news for all of us!  Those of us on a variable rate mortgages... its time to think about locking in!  And how about the Olympics?  It was probably the first time in my life I actually watched a bit every day!  I'm VERY proud of our Canadian athletes.  Good job you guys!

Calgary Housing Market Shows Signs of Balance, not Bubble An expected rise in interest rates to fuel an active spring market   Calgary, March 1, 2010 – Calgary’s housing market continues to build stability and momentum in the second month of the year, according to figures released today by the Calgary Real Estate Board (CREB®).   The number of single family homes sold in February 2010 in the city of Calgary was up 25 per cent from the same time a year ago, while condominium sa ... Full Article...