24Mar/10Off
Alberta Economic Highlights (and Lowlights)
The Government of Alberta puts out a report each month called the monthly economic review. Here are some of the highlights: Alberta’s unemployment rate was 6.9% in February, up from 6.6% in January and 5.9% last February. It is still...16Feb/10Off
New Mortgage Rules to Prevent Bubble
Fears of a housing bubble in some areas of the country have moved the Canadian government to tighten up lending rules in Canada. We applaud the changes, although we're not sure the fears of a bubble were completely warranted. That...20Jan/10Off
Alberta Economic Highlights
The monthly economic review, published by the Alberta government had some interesting information this month. Here are some of the highlights: The unemployment rate in Alberta fell to 6.7% in December, down from 7.4% in November putting us third in...14Jan/10Off
The Year of the Metal Tiger
Next up at the forecast, Angus Watt of National Bank Financial. He called 2010 the Year of the Metal Tiger because 2010 is not going to come peacefully, it's like a caged tiger that is not where it wants to...13Jan/10Off
Edmonton Housing Outlook from CMHC in 25 Minutes or Less
Richard Goatcher from Canada Mortgage and Housing Coporation (CMHC) was given 25 minutes to forecast the housing market in Edmonton for 2010. Here is the short of it... Employment growth will return in 2010, they predict job growth of slightly...13Jan/10Off
10 Best Things About Edmonton’s Economy (From the EEDC)
Today I'm live blogging from the REALTORS Association of Edmonton Housing Forecast Seminar. First thing of note today is the free internet provided by the city of Edmonton - sweet! Ron Gilbertson, from the Edmonton Economic Development Corporation (EEDC) talked...24Dec/09Off
New Home Construction in Edmonton Still on the Rise
CMHC released their "Housing Now" report today. I'm just going to give the brief highlights and then get back to our Christmas celebrations... Total housing starts across Greater Edmonton have increased on a year-over-year basis for the fifth consecutive month....8Dec/09Off
Edmonton Single Family Home Construction More than Triples
Canada Mortgage and Housing released their monthly Housing Outlook report today. Last November there were 111 single family homes started in the city of Edmonton, this year the number was 397 - a huge increase. For the year as a...3Dec/09Off
Edmonton Real Estate Market Exceeds Expectations
Single family home and condo prices and sales in Edmonton have exceeded everyone's expectations this year (except perhaps for some homeowners trying to sell their home). Single family home prices are 1.5% higher this year than they were last year...26Nov/09Off