June 2012

Found 2 blog entries for June 2012.

Is another housing boom in Calgary’s future? According to the Canada Mortgage and Housing Corporation, CMHC for short, that may be the case. The firm predicts a 24.8 percent increase in housing starts in 2012, going from 9,292 homes in 2011 to an estimated 11,600 by the end of this year. The CMNC also expects home prices to increase from the $402,851 average seen in 2011 to $410,000 by the end of 2012 and to $420,000 by the end of 2013.

Senior analyst Richard Cho noted that the largest increases in starts are in the apartment/condo style market. All in all the positive numbers are the result of the still low interest rates on mortgages, more people migrating into the city, higher incomes and more jobs coming up available. Calgary’s job growth is strong

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If you asked yourself what the most desirable commodity on the planet would be, what would be your answer? Consider the basics of supply, and demand, in your answer. If you came up with that life-giving substance known as water, you are correct. Humans are made up of roughly 61.8 percent water. Without this substance, well, the species has a problem.

A Calgary couple, the Ramgopals, have figured out the answer to this question and are offering a solution. They have come up with a desalination system for water that is mobile, enabling countries from around the world to get water into the most hard to reach areas. In Canada, where water is so abundant, it is sometimes forgotten that some parts of the planet are not as fortunate.

The Middle East is one of those…
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