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The latest and greatest real estate news from Tania & Tina.
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Welcome to your December 2015 Update!

Happy Holidays!

What's New? 
A few new communities to mention in the NW - Harmony has just opened which is located by the Springbank Airport, and Carrington (one of the first communities in Keystone Hills with Mattamy Homes as it's exclusive builder) has started grading in preparation of deep services. The Green C Train line is supposed to go into Keystone Hills - so it's exciting to see the community finally start!  (Carrington is beside Evanston on the north side of Stoney Trail.)
 
Market Update:  
Prices have come down between 1.5% to 2% since this time last year, so price wise we are seeing stability. The number of buyers and sellers out there still remains much lower than last year - again this is no surprise considering low consumer confidence and lack of job stability in some fields. CREB (The Calgary Real Estate Board) holds it's 2016 Forecast in January so soon we'll learn what is anticipated for next year.  

CIR - 2016  
CIR Realty has great things planned for 2016 including: more vacation give aways, more local charity donations, a new client website geared towards preferred suppliers with discounts, and newly renovated offices!   

Promises from the Liberal Party of Canada’s Housing Platform

On conventional mortgages, the Liberal Party of Canada has promised some changes for future homeowners and investors. Here are the three you will want to be aware of:

1. Index the RRSP Home Buyer’s Plan to the Consumer Price Index in $2,500 increments, to ensure it remains a useful tool for people buying their first homes. 
2. Provide tax incentives for landlord and developers to build and renovate rental units in order to make investment in affordable housing and residences for seniors. 
3. Increase the new residential rental property rebate on the GST to 100%, eliminating all GST on new capital investments in affordable rental housing. For more information on the Federal Liberal Platform, visit www.liberal.ca

What is YOUR home worth?

Contact us for a Market Evaluation!  Our goal is to meet all of your real estate needs - we look forward to hearing from you and we are happy to answer ANY questions you may have!  

rescalgary@gmail.com  
www.TaniaKing.com
Tania:  403-813-4448
Tina:    403-891-9142

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CIR REALTY
#144, 1935 32 Avenue N.E.
Calgary, AB, T2E 7C8

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