Share New research by the Royal Bank of Canada (RBC) suggests that recession weary Canadians are divided on the future of the country’s economy; however there is much more hope for the year ahead. According to the data, 60% of people across Canada feel that the national economy will improve in 2010 after 2009 being [...]
Share A report from Statistics Canada shows Canadians are deeper in debt that even before, however with record low interest rates it means that debt loads are still manageable and likely to improve as the economy begins to improve from the recession. Household net worth has reached $5.72 trillion at the end of September, making [...]
Share Canada Mortgage and Housing Corporation (CMHC) released their monthly Housing Outlook report on December 8th, 2009. Last month, we saw 11 single family homes had started in the city of Edmonton, with the number this yea being 297, it is a huge increase. For the year as a whole, single family home starts are [...]
Share The month of November was fairly good for the Lethbridge real estate market as the number of sales for the month was up 48% from year ago levels. The number of sales that took place in November was 158, compared to 107 in 2008. This makes 49 more sales in November 2009, than November [...]
Share Are You Going to Join? That’s the question I was thinking of when I was asked by my brother in law ”How’s Real Estate up their?” from down in New York… He’s thinking of purchasing Real Estate here in Canada. I couldn’t lie to him and tell him we’re going through a tough time with the recession. I [...]
