Posted in: Zone 12, Edmonton Real Estate
I have sold a property at 10320 B 121 ST in EDMONTON.
A TRENDY, UNIQUE 3 STOREY TOWNHOUSE IN THE COMMUNITY OF OLIVER! This 1232 sq. ft. townhouse features 2 bedrooms, and 2 full baths, maple hardwood, carpet, ceramic tile, and 2 woodburning fireplaces. Basement is fully finished, tons of natural light flood this unit, and a private east facing balcony. Minutes from downtown, Grant MacEwan and the University of Alberta, close to all amenities, shopping and transportation. (measurements to be verified by purchaser)
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.