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Canada-U.S. house price gap widens

Please keep in mind while reading the following article that the Canadian average price is bieng bolstered by historicly high prices in Vancouver and Toronto. As of August 30 2011 the average Edmonton home ( detached, condominium and duplex / townhouse)

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

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,