Bank of Canada holds key rate at 1%

The Bank of Canada held its trend-setting Bank Rate at 1.25 per cent on June 19th, 2011. This marks the seventh consecutive policy decision in which interest rates have been kept on hold. The Bank has been warning for some time that interest rates will ultimately have to rise…  Read more... (294 words, 4 images, estimated 1:11 mins reading time)

Transit Oriented Development: A change in the everyday way

Meet Edmontonian Deanna Crozier and her family. They’ve lived in what is now called the Century Park area of south Edmonton since the early 1990s, in a townhouse development on Saddleback Road near 23rd Avenue. Like most suburban families in “outlying” areas as it was then, they drove everywhere – to work, to school, for shopping, for entertainment.  Read more... (292 words, 5 images, estimated 1:10 mins reading time)

Oil to drive Alberta to top province for economic growth

Alberta will lead the country in economic growth this year and next year, according to a report released Wednesday by Scotia Economics. The report says real GDP growth in the province will be 4.2 per cent this year, the highest in the nation, followed by 3.3 per cent growth in 2012, which will tie Saskatchewan as the highest in the country.  Read more... (318 words, 5 images, estimated 1:16 mins reading time)

Condo prices up 3.64 in April – REALTOR Prez explains #yeg #yegre

Condominium prices don’t always follow the trends of the rest of the Real Estate Market in Edmonton. Condos are a somewhat different breed.  The Condo buyer is often someone looking to make their first purchase, or someone looking to downsize to something more manageable. Their needs aren’t always in synch with the rest of home buyers.  Read more... (338 words, 5 images, estimated 1:21 mins reading time)

Interest Rates Frozen while housing prices rise – everywhere but Edmonton #yeg #yegre  Read more... (474 words, 5 images, estimated 1:54 mins reading time)