BMO Bank of Montreal
TSX : BMO
NYSE : BMO

BMO Bank of Montreal

June 16, 2011 08:00 ET

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

- 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

Contact Information

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