RSS

October 2021 Market Activity

 
 

City of Edmonton!

 

Greater Edmonton Area!

 
 
Graphs Courtesy of Realtors Association of Edmonton
 
 
Featured Listing
 
 
 
Copyright © 2021 RE/MAX River City, All rights reserved.

Our mailing address is:
2852 Calgary Trail | Edmonton, AB T6J 6V7

Comments:

No comments

Post Your Comment:

Your email will not be published

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 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.