CALGARY COMMERCIAL REAL ESTATE PICKS UP PACE – But sales of apartment buidings fall by 72% IN Q1 AUCTIONS TEST DEPTH OF ALBERTA REC MARKET SPECIAL REPORT: CHINESE BUYERS: 5 OF 22 [ALLEGED] CHINA FUGITIVES LIVING IN BC UOOLU: GET USED TO HEARING ABOUT IT - Wealthy hip Chinese buy overseas property with new app GOOD SCHOOLS KEY LURE FOR CHINESE BUYERS FRASER VALLEY REALTORS WARNED ON TRANSFERS SHORTING REITS? BE SELECTIVE Commercial REITs see pay off in residential plays NOT AN OIL GUY, BUT IT DOESN’T LOOK GOOD – OPEC production cut met with rise in U.S. shale surge CONDO ASSIGNMENTS FLOOD VANCOUVER CRAIGSLIST – Most prices much higher than they were at release
QUESTIONS, QUESTIONS WHEN EVERYONE IS THIS BULLISH, WE WORRY 150 FORECLOSURES IN CALGARY LAST MONTH CLOSE UP ON RED DEER AND FORT MAC WHISTLER LOOKS TO PESO FOR HELP 'HOW I SURVIVED DETROIT' 'YUPPY' INDUSTRIAL AT 300 PSF
ENERGY CONFERENCE REPORT... NOT ALL GLOOM NEGATIVE INTEREST RATES - HUH? AN ALBERTA 20 CITY REALTOR ROMP - THE MARKETS CANADIAN DOLLAR AND OIL - CORRELATION HIGHER DOWNPAYMENT EXPLAINED - NOT MUCH TO SEE - BUT IMPLICATIONS? HOT PROPERTY: 40 ACRES PLUS 1,300 HOUSE - $98,000
Investors: Red Deer 2 bedroom Condo 13.5% Return on Cash 1. Red Deer – 2 bedroom condo only $165,900. Tenanted with Positive Cash Flow. End unit in a concrete building next to a park and within walking distance to downtown. Truly turn key with optional rental management in place. 2. Kimberley, duplex up and down plus loft, 5 bedrooms, 4 full baths, 2 hot tubs both units fully furnished … great views … 200 yards from the quad chair – 2,400 income: only $399,000.