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PRIYA SHARMA
Century 21 Signature Realty
#207, 2920 Calgary Trail NW, Edmonton, Alberta
P: 780-485-2100
F: 780-485-2180
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My Edmonton Real Estate Blog

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Thursday, July 22, 2010 - Bank of Canada increases overnight rate target to 3/4 per cent

The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. The global economic recovery is proceeding but is not yet self-sustaining. Greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank's outlook in its ... Full Article...

posted in General at Thu, 22 Jul 2010 19:41:11 -0600



Tuesday, July 6, 2010 - Edmonton house prices up despite market glut

The number of homes listed for sale in the Edmonton area is nearing record levels, while June residential sales fell 37 per cent from last year. At the same time, the average price of a single-family home rose nearly six per cent and the average price of all residences was up two per cent year-over-year, according to MLS figures released Monday by the Realtors Association of Edmonton. What gives? Association president Larry Westergard acknowledged the market was not yet responding to normal ... Full Article...

posted in News at Tue, 06 Jul 2010 19:16:03 -0600



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PRIYA SHARMA
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780-485-2100
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780-298-2100
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780-485-2180
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