Real Estate Statistics for You for October 2013

Well the snow is on the ground and 2013 continues to speed along.

 

Please take a moment to review the Real Estate activity statistics for Edmonton and the surrounding area for October 2013.

 

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

 

It would be my pleasure to chat with you about these trends. Give me a call any time at 780-908-1224.

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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.

Copyright 2018 by the REALTORSĀ® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORSĀ® Association of Edmonton.