Projected slowdown by chief economist
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,” which is partially due to the maximum amortization of mortgages dropping from 30 years to […]
Real Estate Market Stays the Course
Susan Jones from the St. Albert Gazette is reporting that St. Albert realtors are optimistic that the stable market is starting to pick up. From the Edmonton Realtors Association first quarter statistics show that this year 182 single-family dwellings sold in St. Albert. That compares to 146 sales in the same three-month period in 2011 […]
Western prosperity boosts migration
For many years young graduates have begun to move to larger cities to the east for bigger companies and better opportunities. The Canadian press is reporting that provinces to the west of Ontario have been luring new residents with the promise of new job opportunities and economic strength. Their rate of growth has outpaced Ontario, […]
Tips for Shopping for a Home in Edmonton
Things to remember when shopping for a home. Take photos: Your memory isn’t going to be 100%. No one’s memory is perfect. Therefore, bring a digital camera or smartphone with you to each Edmonton home you visit. Take a photo of the home from the front yard, so when you look back on the […]
