The Realtors Association of Edmonton forecasted “restrained” growth on the resale housing market for 2013 in the Oil City. This comes after continued economic and housing growth in 2012, which is something expected to continue through this year. An article…
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An interesting article appeared in the Vancouver Sun early in the month from Peter Simpson that used a survey tabulated by the Canada Mortgage and Housing Corp. The survey asked a myriad of questions concerning potential first-time home buyers found…
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There’s no question Edmonton has been one of the strongest markets in North American and it will continue to grow as long as long as there’s oil and manufacturing job available. But as Edmonton’s economy and housing market is expected…
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It’s no secret that Edmonton is experiencing a boom of sorts—in population, jobs, and new houses. 2012 has certainly been a good year. This past Tuesday, Canada Mortgage and Housing Corp. released some final numbers for 2012. As per the…
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Benjiman Tal, deputy chief economist at CIBC, predicts a bit of a slowdown next year, with growth of only 4 per cent compared to 6 per cent of this year. Tal said it’s “a reflection of a slowing housing market,”…
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As Edmonton’s population continues to grow, so does start of new builds. New home starts sustained its growth like the Canadian Mortgage and Housing Corporation said it would back in August, beginning work on 1,304 homes in the Edmonton area…
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Royal LePage, one of Canada’ largest real estate agencies, announced its third quarter report recently and has reviews the Ministry of Finance was probably looking for when they dropped the maximum amortization period for insured mortgages from 30 years to…
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REALTORS Association of Edmonton released August statistics yesterday and compared to the picture painted by the Canadian Mortgage and Housing Corporations predictions of 2013, it was a confusing image. In the previous post, the CMHC said a moderate growth would…
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They may not be building homes, but houses are being sold. A Tuesday report from Reuters said both housing permits and non-housing permits in British Columbia and Alberta were both down in June. But in July, Dave Cooper from the…
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In an already shaken up Edmonton real estate market, more restrictions will be put into place at the government level. Effective Monday, July 9th government-insured mortgage rules will change, according to Edmonton Journal. This change will make some potential buyers…
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