When buying a new home, warranty may not be on the fore front of decisions, but the Alberta government introduced new warranty standards for new home buyers on Feb. 1.
Builders will now have to provide mandatory home warranty coverage for all new homes built in Alberta under the New Home Buyer Protection Act. (more…)
Here is your Morning News Rundown for Thursday, December 12:
House Price Index – Teranet
Calgary Tops Canada For Repeat Home Sale Price Growth – Calgary Herald
New Housing Price Index, October 2013 – Statistics Canada
Calgary Area Sees Biggest Hike in New Home Prices – Calgary Herald
Canada’s Rental Vacancy Rate Increases – CMHC
Calgary’s Rental Vacancy Rate Drops to One Per Cent – Calgary Herald
City Suffers Tax hit on Flood Homes – Calgary Herald
Critics Say Alberta’s New Home Warranty Rules Help Home Builders More Than Buyers – Calgary Herald
Imperial Oil Sells Downtown Calgary Vacant Land – Calgary Herald
Toronto Housing Prices To Double Over Next 25 Years, Study Predicts – Financial Post
Multi-Generational Housing to Explode in 2014 – Canadian Real Estate Magazine
Investors Spend Record Amount on Real Estate Outside Canada – Globe and Mail