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EDMONTON REAL ESTATE NEWS ROUNDUP – March 3, 2012

Alberta investment in construction to soar in 2012

It also said investment in the housing sector across Canada is estimated to increase 3.4 per cent this year to $100.5 billion. Douglas Porter, deputy chief economist with BMO Capital Markets, said the strength in utilities, energy and mining will help 

 

http://www.montrealgazette.com/business/Alberta+investment+construction+soar+2012/6225602/story.html

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Alberta economic snapshot for Feb. 25, 2012

Alberta farmers had quite a good year in 2011, and with the abundant crop yield in the autumn, many of them have been holding on to inventories throughout the winter, taking advantage of good prices. According to data released yesterday from Statistics 

 

http://www.troymedia.com/blog/2012/02/25/alberta-economic-snapshot-for-feb-25-2012/

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Start it up

Construction starts of multi-family housing for 2011 in Alberta inched up slightly from the previous year, says a federal agency. Work started on 8679 townhouses, apartments, and semi-detachedhomes last year – up 251, or three per cent, more than were …

 

http://www.calgaryherald.com/homes/Start/6209314/story.html

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Edmonton isn’t getting the credit it deserves

Skilled immigrants and other Canadians are moving to Alberta’s capital region for the nitty-gritty — good jobs, good pay, affordable housing, good education and good health care. The lowest rate of unemployment in all Canada.

 

http://www.edmontonsun.com/2012/02/24/edmonton-isnt-getting-the-credit-it-deserves

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Equifax: mortgage fraudsters up their game

“The greatest dollar value of detected fraud activity is within mortgage applications, at over $400 million,” Equifax Canada John Russo said Tuesday. “This staggering dollar figure illustrates the need for continued vigilance by financial institutions to reduce this threat to both consumers and lenders.”

 

http://www.canadianrealestatemagazine.ca/news/item/1047-equifax-mortgage-fraudsters-up-their-game


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