Tuesday, July 12, 2011
posted in General
at Tue, 12 Jul 2011 19:17:43 +0000
Economic and other external indicators point to a strengthening of the local real estate market.
*Statistics Canada reported that Alberta boasted the highest spike in population in the first quarter with a 0.4% increase.
*The Conference Board of Canada predicts that housing prices in Edmonton will increase from five to seven percent in the short term although local prices are currently down when compared to last year.
*Although the Bank of Canada seems reluctant to raise interest rates because ...