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Tuesday, February 07, 2012 9:26 AM

Banks rolling back mortgage discounts

The banks have started to roll back interest rates. RBC has raised its five year rate to 3.39% from 2.99% early, this promotional rate was initially intended to end February 29. BMO has also increased its rates on 5 year closed mortgages from 2.99% to
Posted by Dave Dry | 0 Comments
Tuesday, January 17, 2012 6:39 PM

Mortgage rates at an all time low.

Mortgage rates hit an all time low with BMO offering a five year fixed rate of 2.99% the lowest rate in modern Canadian history. TD and RBC followed suit by cutting their 4 year rates to 2.99%. Now here is where a good thing can go south quickly. These
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Wednesday, January 11, 2012 6:03 PM

2012 Edmonton Realtors housing forecast

Today I attended the 2012 version of the Realtors Housing forecast. This is an event hosted by the Realtors association of Edmonton where a number of presenters recap the previous year, but more importantly look to the year ahead. The resounding message
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Tuesday, December 06, 2011 9:02 PM

Re/Max 2012 housing outlook

Kelowna, BC (December 6, 2011) ; Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012
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Sunday, November 27, 2011 3:52 PM

R.B.C. Housing trends and affordability 2011

R.B.C. This week came out with their housing trends and afford ability report for 2011. It puts Alberta as the most affordable place in Canada to own a home. R.B.C has compiled statistics from across the country and created a comprehensive document. If
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Attachment(s): R.B.C. housing affordability.pdf
Wednesday, August 10, 2011 9:13 AM

Stock markets down what does this mean?

Since the beginning of the week we have seen stock markets falling, how will this affect the housing market in Edmonton? Stock markets are the indicator of confidence in the economy. Investors have, in the last week sold in response primarily to the degrading
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Thursday, September 02, 2010 12:30 PM

Edmonton is a buyers market.

This article was taken from the Edmonton Journal dated September 1 2010 with reference to a CMHC housing report dated August 31 2010. This article and the referenced report reflects a slowing of sales through the end of 2010 and increasing in 2011. While
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Tuesday, April 07, 2009 5:41 PM

Finnancial crisiss in Canada

Why are we as Canadians weathering this financial storm so much better than the rest of the world? I realize that this article from Newsweek by Fareed Zakaria is from February 7th, however provides some good insight into why we as Canadians are not seeing
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