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Copyright © 2021 RE/MAX River City, All rights reserved.

Graham Ogden
RE/MAX River City
Our mailing address is:
2852 Calgary Trail | Edmonton, AB T6J 6V7
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Season’s Greetings
 
 
To all my clients, colleagues, and business partners:
I would like to take this opportunity to wish everyone a wonderful holiday season. 2022 was the story of 2 markets with the first half of the year being a seller’s market and the second half of the year a little more in the buyer’s favor. My wife and I continue to be grateful for a happy, active and healthy family.
It has been over 13 years since I was recruited by RE/MAX and 18 years since I started practicing Real Estate. RE/MAX's market presence and additional resources ensure that my clients receive an unparalleled Real Estate experience. I remain committed to ensuring you have the most timely information, relevant resources and best team so you can buy or sell with confidence. Of course, it doesn’t happen without your trust and confidence in me. For this I am so grateful.
Thank you for your business, referrals and loyalty in 2022. I look forward to serving you in 2023.
 
Warmest wishes for the upcoming year.
 
 
Sincerely,
 
Graham Ogden – RE/MAX RIVER CITY
The right advice for buying or selling with confidence.

 
 
 
 
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Copyright © 2021 RE/MAX River City, All rights reserved.

Graham Ogden
RE/MAX River City
Our mailing address is:
2852 Calgary Trail | Edmonton, AB T6J 6V7
...
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The Bank of Canada has raised its policy rate to 4.25% today, stating borrowing costs need to rise to bring inflation back to target of 2% from the current rate of 6.9%. This marks the seventh consecutive rate increase in 2022. "We're expecting roughly zero growth (in the Canadian economy) for the next several quarters and to be more specific, the last quarter of this year the first half of next year", said Bank of Canada Governor, Tiff Macklem, recently. Climbing interest rates, dramatic declines...

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City of Edmonton!
 
Greater Edmonton Area!
 
 
 
 
 
 
 
Copyright © 2021 RE/MAX River City, All rights reserved.

Graham Ogden
RE/MAX River City
Our mailing address is:
2852 Calgary Trail | Edmonton, AB T6J 6V7
Read

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.

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