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Important Real Estate Activity Statistics

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It is exciting to see the first signs of spring. They are there too in the Real Estate market.  Please take the time to review the February 2013 Real Estate activity statistics as provided by the Realtor’s Association of Edmonton.

 

Just follow the link below.

 

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

 

Have a great March and please feel free to contact me to discuss your next Real Estate endeavour.

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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.

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