Edmonton Real Estate News

Bank of Canada keeps interest rates on hold

Posted on December 13, 2012

The Bank of Canada kept its key policy rate at 1 per cent on December 4th 2012. It has been unchanged at this level for more than two years, marking the longest period since the early 1950s that rates have been left untouched. The text accompanying...

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70% of young Canadians want more financial information about purchasing a home

Posted on November 26, 2012

Consumers have a new tool to help navigate the complexities and financial implications of purchasing a home.Earlier today, The Canadian Real Estate Association (CREA), and the Financial Consumer Agency of Canada (FCAC) launched the Homebuyers’ Roa...

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Canadian resale housing activity stable in October

Posted on November 15, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity and average price were little changed in October 2012. The number of home sales processed through the MLS® Systems of Canadian real ...

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Bank of Canada keeps interest rates on hold

Posted on October 23, 2012

The Bank of Canada announced on October 23rd, 2012 it is keeping kept its key policy rate at 1 per cent, where it has been held steady for two years. This marks the longest period since the 1950s that rates have been left unchanged. The announcemen...

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Canadian home sales remain at lower levels in September

Posted on October 15, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity rebounded slightly in September 2012, marking the first monthly increase since the spring. The number of home sales processed thr...

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Canadian home sales down in August

Posted on September 17, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity dropped sharply from July to August 2012. The number of home sales processed through the MLS® Systems of real estate Boards and ...

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CREA Updates Resale Housing Forecast

Posted on September 17, 2012

The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2012 and 2013. Since CREA’s last resale housing fore...

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Bank of Canada keeps interest rates on hold

Posted on September 5, 2012

The Bank of Canada kept its key policy rate at 1 per cent on September 5th, 2012, where it has been held steady for two years. This marks the longest period since the 1950s that rates have been left unchanged. The text accompanying the announcement ...

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Canadian home sales hold steady in July

Posted on August 15, 2012

According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable from June to July 2012. Prices are off their recent peaks in Greater Vancouver and Greater Toronto, but remain abo...

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Bank of Canada keeps interest rates on hold, cuts growth forecast

Posted on July 17, 2012

The Bank of Canada kept its overnight rate target at 1 per cent on July 17th, 2012. Borrowing costs have been unchanged at this level since September 2010. The text accompanying the announcement reiterated many of the same points that were in the Ju...

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