With rising interest rates on the horizon buyers will see 2010 as the year to take advantage of low mortgage rates

Calgary, February 1, 2010 – Affordability continues to drive a recovery in Calgary’s housing market according to figures released today by the Calgary Real Estate Board (CREB®).

The number of single family homes sold in January 2010 in the city of Calgary was up 39 per cent from the same time a year ago, while condominiums sales saw an increase of 67 per cent from the same time a year ago.

“Low mortgage rates and earlier price reductions have improved the affordability of home ownership for Calgarians,” says Diane Scott, newly elected president of CREB®. “For the time being average home prices are more in line with average incomes.  A…

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One in four toilets in Calgary is silently leaking.  In one month, a small leak can waste up to 2,800 litres of water - that’s 28 full bathtubs. Fixing that leak can save you up to $100 every year.
  “Fixing a leaky toilet is a simple way to save water and money.  If all the leaky toilets in Calgary were fixed, we estimate that Calgarians could save up to 8,400 mega litres of water a year. That’s enough to fill 3,360 Olympic-sized pools,” says Amanda Ginn, Public Program Coordinator, City of Calgary Water Services. “The Leaky Toilet Test is an easy and quick way for all Calgarians to quickly detect leaks and help stop the waste.”
  To test your toilet:
1. Drop Just put a few drops of food colouring into the toilet tank. Wait a few…

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