News Releases

Media Advisory-BMO Real Estate Panel: President of the Calgary Real Estate Board Joins BMO Experts

CALGARY, ALBERTA--(Marketwire - June 14, 2011) - Calgary's real estate market was a housing hot spot five years ago. However lofty valuations, a pullback in oil and the recession spurred a 17 per cent correction between mid-2007 and early 2009. Although the market has now recovered more than half of its losses, Calgary has yet to reclaim its pre-recession peaks.

Buyers and sellers are facing many questions including house prices, interest rates and renovations. Media are invited to hear from a panel of real estate, renovation, banking and economics experts and to participate in a question and answer session. Discussion points include:

Outlook on interest rates, housing starts and house prices in Alberta
Nearly half of Canadians are planning energy efficient upgrades in the next year
What are the benefits of increasing energy efficiency at home and what is an eco mortgage?
What are good renovation decisions that add to the value your home?

What:	BMO Real Estate & Renovation Trends Media Panel

Who:	Sano Stante, President, Calgary Real Estate Board
	Kyle Smith, Assistant Store Manager, RONA
	Robert Kavcic, Economist, BMO Capital Markets
	Laura Parsons, Area Manager, Mortgage Specialists, Calgary, BMO Bank of Montreal

When:	Friday, June 17, 2011, 10:00 a.m. – 11:00 a.m. MDT

Where:	BMO Crowfoot Branch Boardroom, 101 Crowfoot Way NW, Calgary



Media Call-in Number:	Toll free: 1-866-696-5910 or 416-695-6277
Pass code:	6042547

For further information:

Media please confirm your attendance and call for more
information:
Laurie Grant
604-665-7596
laurie.grant@bmo.com