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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
Thursday, February 02, 2012 5:36 PM

February Newsletter

December Change from to November 2011 December 2011 January Change from to December 2011 January 2012 New Listings 1,085 -715 -39% 2,441 1,356 55.5% Active listings 5,316 -1,272 -19% 5,303 13 -0.24% Sales 827 -257 -23% 881 54 6.1% Average Sale price *House
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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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Wednesday, January 04, 2012 1:27 PM

January Newsletter and December stats

November Change from to October 2011 November 2011 Change from to November 2011 December 2011 New Listings 1,800 -366 -16.8% 1,085 -715 -39% Active listings 6,588 -708 -9.7% 5,316 -1,272 -19% Sales 1,084 -86 -7.4% 827 -257 -23% Average Sale price *House
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Wednesday, August 05, 2009 7:16 AM

Behind the scenes on closing day

Behind the scenes of closing day With all the market activity of late one of the most common quetions I have been asked is: what happens between the time I remove conditions (subject to's) and when I get my keys? So I thoufght I would post this article
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Saturday, March 28, 2009 8:51 PM

So where is the market going? Is this a typical year ?

Firstly the economic crisis that has gripped the globe has undoubtedly had an effect on Edmonton, a city that is largely dependent on the oil sector. Layoffs due to expansion projects put on hold by the large oil companies primarily in the oil sands,
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