Graham Ogden

B Comm and Realtor®

Direct: 1 780 908-1224 |

Important Real Estate Statistics

Another busy spring month has passed in the vibrant Edmonton Real Estate market.

 

Please take a moment to follow the link below and review the Real Estate activity for the month of May 2014.

 

http://www.ereb.com/News&Events/LatestMarketStatistics.html

 

It would be a pleasure to discuss these trends as well as your personal Real Estate goals and questions anytime. Please call me direct at 780-908-1224.

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Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.

 

The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.

 

The next rate-setting day is October 22nd.

Copyright 2018 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.