October 2016

Real Property Reports (RPR) 

Posted on Oct 11, 2016




What is a RPR Real Property Report?

In Calgary, a real property report with City of Calgary compliance is an important document that is generally required to be supplied by the seller of a house or bare land condo before title transfer (and payment) takes place.A real property report is a survey of the land that shows improvements (all buildings, fe...

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Summery of CREB City of Calgary September 2016 Stats

Posted on Oct 06, 2016








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Mortgage changes coming to Canada

Posted on Oct 04, 2016

Four major changes to Canada's housing mortgage rules unveiled today;


- Effective Oct. 17, 2016; all new mortgages must qualify against a 4.64% rate. Aimed at insuring buyers would re-qualify for their mortgages if there was a hike in the rates.


- Effective Nov. 30, 2016; New restrictions on insurance for low-ratio mortgages.


- Effective 2017 tax year...

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