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EDMONTON REAL ESTATE NEWS ROUNDUP – March 31, 2012

Canadian home price index rises in January

Western markets accounted for most of the declines, with January prices falling 1.1 percent in EdmontonAlberta. More cooling was seen in the once red-hot Vancouver market, which fell 0.3 percent to log its fourth consecutive monthly decrease.

http://www.reuters.com/article/2012/03/28/canada-economy-housing-idUSL2E8ESV7M20120328

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Canadians worried about mortgage rate hikes

Regionally, residents of Alberta were the least concerned, with 73 per cent saying that rising rates would not affect their ability to afford their homes, while residents of British Columbia were the most concerned. Just 48 per cent BC residents are 

http://www.cbc.ca/news/business/story/2012/03/28/bmo-mortgage-test.html

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Busy spring real estate market expected

Major Canadian housing markets have continued to show “exceptional resiliency” so far this year, setting the stage for a busy spring, according to a major Canadian real estate organization. In its market trends reports, Re/Max said its survey has found …

http://www.cbc.ca/news/business/story/2012/03/22/remax-housing.html

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Alberta economic snapshot for March 24, 2012

24, 2012, Troy Media/ – On Thursday, we learned from Statistics Canada that retail spending inAlberta reached a new record high in January. This morning we learn that prices paid by those shoppers rose at a much slower rate in February, meaning some 

http://www.troymedia.com/blog/2012/03/24/alberta-economic-snapshot-for-march-24-2012/

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Debt load getting heavier in Canada

Location, location, location Despite having some of the most expensive housingmarkets in the country, residents of British Columbia only had the second highest debt levels, averaging $155500. Canada’s most indebted citizens are in Alberta
 

http://www.cbc.ca/news/business/story/2012/03/23/canada-debt.html


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