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Happy Fall.

 

As our lives return to some of the regular routines of the fall we reflect on a wonderful summer.

 

Please use the link below to review the Real Estate activity statistics for August 2014 in the Edmonton and surrounding area.

 

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

 

It would be my pleasure to discuss these trends with you and more specifically how they may be affecting your personal Real Estate

 

I am always available at 780-908-1224....

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Other than space heating, most Canadians use more energy to heat water than for almost any other household activity. Finding ways to reduce hot water energy use can, therefore, be an important part of an overall plan to reduce household energy costs.

 

In many Canadian homes, water is heated in storage tanks. When there is no hot water being used, the tanks still consume energy just to maintain the water in the tank at a ready-to-use temperature. Tankless water heaters (also known as “on-demand...

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As expected, the Bank of Canada announced today that it is keeping the benchmark rate unchanged. Great news if you’ve got a variable-rate mortgage; the prime rate stays at 3%.

 

The announcement noted that “given the downgrade to the global outlook, economic activity in Canada is now projected to be a little weaker than previously forecast” and that “the risks associated with household imbalances, while evolving in a constructive way, are still elevated.” With these...

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Can't thank you enough for handling the sale of Mom's condo. As usual you made it easy and stress free for us. We really appreciate how quickly you had it online and how fast it sold!  Will definitely be calling you again for our next sale. Thanks Graham!

 

Miles & Karen

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With the 2nd quarter now in the history books for 2014 we look forward to some fun in the sun and to carry the momentum of the first half of the year into the summer and fall.

 

So as you relax on the deck and enjoy an iced tea take a moment to review the Real Estate Activity Statistics as provided by the Realtor Association of Edmonton.

 

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

 

It would be my pleasure to chat with you about these stats or any of your Real...

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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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