Posted in: Zone 29, Edmonton Real Estate
I have listed a new property at 307 5212 25 AVE in EDMONTON.
Come and see this original owner 2 bed, 2 bath unit with a view of the beautiful pond. This 3rd floor unit boasts an open concept, cork flooring throughout good sized living and dining area, large south and west facing windows so lots of natural light. Other features include balcony, 1 under ground parking stall with additional storage, social room, car wash bay and workshop. Unit is close to all amenities including shopping and transit. Just needs your special touch.
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.