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The Realtors Association has just released there activity statistics for January 2015.

 

Just use the link below to review.

 

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

 

Call me any time at 780-908-1224 to discuss how these trends may be effecting your Real Estate.

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A Bet on the Market?


Purchasing a condo pre-sale, or before construction, can be very attractive to investors and first time buyers.  Those who purchase them like the idea of moving into something brand new, as well as the potential return on investment.  Often units in a condominium are sold at very aggressive prices for those who buy early on.  This type of purchase is not without risks.  By buying so far ahead of possession, you are betting on where the real estate and condo...

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I found that working with Graham was a positive experience. There was absolutely no pressure placed in order to expedite a purchase. This led to me finding the ideal property suited to my tastes.

 

10-Jan-15

Ralph D

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1. Always pay your bills on time. (The payment of utility bills such as phone, cable and electricity are not recorded in your credit report, however many cell phone companies report late payments.)

2. Pay Debts as quickly as possible.

3. Try to pay your full balance off on all cards every month whenever possible.

4. Don’t go over the credit limit on your credit cards.

5. Don’t make too many credit applications (use a Mortgage broker). Your score doesn’t change if you personally make...

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  1. There are too many consumer finance company accounts on your credit report.  Having too much available credit can hurt your score. If you have several consumer accounts try to consolidate those balances and close the accounts.
  2. Your account balances are too high. As a rule of thumb keep your credit card balances below 35% of the available limit. High balances ongoing will negatively affect your credit score.
  3. There is not enough recent revolving account information on your credit report. Using...
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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.

Data last updated on September 12, 2025 at 01:30 AM (UTC).
Copyright 2025 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.