The ‘sizzle’ will be taken out of the Canadian housing market next year, according to the Housing Forecast report from the Altus Group.
Actually, using ‘sizzle’ in the same sentence as ‘Canadian housing market’ is misleading in that the hot areas are only in certain parts of the country and certainly not in Alberta.
Single-family and condominium MLS sales increased in October compared with a year ago, according to the Calgary Real Estate Board.
The board said Tuesday that single-family sales of 988 for the month were up by 11.39 per cent from October 2010 while condo transactions jumped by 19.87 per cent to 368 units.
On September 28, Calgary Economic Development and TD Bank Group presented the annual Economic Outlook event featuring Craig Alexander, Senior Vice President and Chief Economist for TD Bank Group and Mario Lefebvre, Director of the Centre for Municipal Studies at the Conference Board of Canada.
During the run-up to every U.S. presidential election, countless Americans threaten to move to Canada if their preferred candidate does not emerge victorious. Of course, few follow through with a move north. Maybe it is time to reconsider.
Canada ranks No. 1 in our annual look at the Best Countries for Business. While the U.S. is paralyzed by fears of a double-dip recession and Europe struggles with sovereign debt issues, Canada’s economy has held up better than most. The $1.6 trillion economy is the ninth biggest in the world and grew 3.1% last year. It is expected to expand 2.4% in 2011, according to the Royal Bank of Canada.
When you pay down your mortgage faster, you can reduce your total interest costs by thousands of dollars and be mortgage-free years before you had thought possible. At The Mortgage Group, our Associates are able to advise you of the options available that will enable you to achieve this goal.
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