News Releases
- Economic update on Calgary's real estate market, impact of home renovations on the economy and interest rate forecasts
- Exclusive advice from industry experts on how to build your dream home
- Eco and energy smart renovations to increase the value of your home
CALGARY, ALBERTA--(Marketwire - June 16, 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 |
information:
Laurie Grant
604-665-7596
laurie.grant@bmo.com