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Why it’s a good time to buy a home

This is an interesting article and makes some good points and sense. I agree that if you are thinking of buying a home there may well not be a better time, with oil prices around $100 per barrel and stable the Alberta economy is expected to lead Canadian

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

Edmonton's 10 most expensive properties

Have you ever wondered how much Edmontons most expensive properties are listed for? Here they are the 10 most expensive properties listed in Edmonton on December 19 2011. 11 - $2,000,000 10 - $2,150,000 9 - $2,150,000 8 - $2,499,900 7 - $2,790,000 6 -

Stats graphs to Nov 30 2011

Click twice on graphs to enlarge. In ratio carts December shows 0% as these stats have not yet been compiled. Making your Real Estate needs my priority Dave Dry Realtor, Re/Max Real Estate Website: www.davedry.com Blog: blog.davedry.com Office: (780)

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

December Newsletter and November Stats.

Market activity for the month of November 2011 October Change from to September 2011 October 2011 November Change from to October 2011 November 2011 New Listings 2,166 -419 -16.2% 1,800 -366 -16.8% Active listings 7,296 -766 -9.5% 6,588 -708 -9.7% Sales

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

September newsletter and Stats.

Market activity for the month of August 2011 July Change from June 2011 to July 2011 August Change from July 2011 to August 2011 New Listings 3,038 -222 -6.8% 1,897 -1,141 -37.5% Active listings 8,421 -11 -0.1% 8,343 -78 -0.9% Sales 1,441 -327 -18% 1,507

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

Higher borrowing costs on horizon

Below is an article taken from the Globe and mail today. It spells out the end to Canada's record low interest rates. The cost of borrowing in the next year is expected to increase, in order to try and slow inflation. This would mean higher mortgage

July newsletter

May Change from April 2011 to May 2011 June Change from May2011 to June 2011 New Listings 3,526 248 +7.6% 3,260 -266 -7.5% Active listings 8,180 465 +5.6% 8,432 +252 +2.9% Sales 1,857 370 +19.9% 1,768 -89 -4.7% Average Sale price *House and Condo sales

June newsletter and stats

April Change from March 2011 to April 2011 May Change from April 2011 to May 2011 New Listings 3,278 318 +9.7% 3,526 248 +7.6% Active listings 7,715 830 +10.7% 8,180 465 +5.6% Sales 1,487 -16 -1.1% 1,857 370 +19.9% Average Sale price *House and Condo

April Newsletter / March statistics

January Change from to January 2011 February 2011 February Change from to February 2011 March 2011 New Listings 2,631 498 +18.5% 2,960 329 +11.1% Active listings 6,389 756 +11.8% 6,885 496 +7.2% Sales 1,044 309 +29.6% 1,503 459 +30.5% Average Sale price

Banks boosting mortgage rates

TORONTO— The Canadian Press Published Monday, Apr. 04, 2011 10:22AM EDT Several of Canada’s big banks are raising most of their fixed-term mortgage rates ahead of the busy spring real estate market. Toronto-Dominion Bank ( TD-T 85.29-0.85-0.99%)

15% minimum down payment?

I have heard a number clients, and news agencies saying that 15% is now the minimum down payment required to purchase a home, this is not the case. New mortgages continue to require a 5% down payment to be insured by CMHC. 15% is the required equity you
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