As reported by Josh Skapin with The Calgary Herald, Realtors are pushing for tougher legislation on grow-ops and Condos. All this to protect your investments! Read more here...
Alberta expected to lead Canadian growth in home sales 6.8% hike in 2012 By Mario Toneguzzi, Calgary Herald
CALGARY - Alberta home sales are poised to show the biggest year-over-year gains in Canada over the next two years, according to the Canadian Real Estate Association. In a report Monday, CREA said MLS sales in the province would grow by 6.8 per cent this year to 57,400 and by another 1.7 per cent in 2013 to 58,400.
The Bank of Canada held its trend-setting Bank Rate at 1.25 per cent on July 19th, 2011. This marks the seventh consecutive policy decision in which interest rates have been kept on hold.