1 - 2 of 2

Tuesday, March 9, 2010 - March E-newsletter is available!

Stability in Edmonton Housing Market continues through February Edmonton, March 2, 2010: Prices for residential property sold through the Edmonton Multiple Listing Service® changed marginally through February. Sales activity, however, was up dramatically when compared to last month or the same month last year.   The average* single family dwelling price was $369,573 for February up just 1.4% from January; 5.6% from a year ago. Condominium prices dipped 3.8% in the month from $240,686 to ...
posted in General at Tue, 09 Mar 2010 09:41:51 -0700

Tuesday, March 2, 2010 - Effective April 19, 2010

Federal finance Minister Jim Flaherty announced new rules that will be coming into effect on April 19, 2010. The new rules are aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise.Broadly speaking, the plan unveiled has three components. First, Ottawa will require that all borrowers meet the standards for a five-year fixed-rate mortgage, even if they choose a variable mortgage with a lower rate or a shorter term. "This will guard against higher rates in ... Full Article...
posted in General at Tue, 02 Mar 2010 11:19:22 -0700

1 - 2 of 2