Alberta leads country in sales growth leading up to Christmas

CALGARY — Alberta led the country with the strongest retail sales growth during the fourth quarter of 2012, leading up to Christmas.

Moneris Solutions Corporation, Canada’s largest debit and credit card processor, reported Monday that Alberta’s growth in spending was 6.45 per cent compared with last year, followed closely by Newfoundland, at 6.42 per cent. Saskatchewan, Quebec and Ontario experienced moderate growth, with increases in spending of 4.35 per cent, 3.2 per cent and 2.66 per cent, respectively. Prince Edward Island showed the slowest growth in the country, ending the quarter with a 1.01 per cent increase in spending.

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Why this website was created

When I first began investing in real estate, I was amazed at the economic research that some investors would provide in order to justify their purchases. I had previously been trained in the securities field and the overlap between the economics of equities and real estate fascinated me. I then noticed that equities had substantial media coverage but real estate in my local region was not compiled in one central location. It was not easy for the average person to access in a time efficient manner.

Later, I discovered that I did not have to go off to another nation to find a world class real estate investment. It has always been right underneath my nose.  The main reason why I compile these articles is because no one ever did it for me and it is my way of paying it forward. If you are going to invest in anything over the next few weeks, spend time with family and friends and you will be better off as a result!! There will be plenty of time in the new year to pursue your next investment.

Merry Christmas

Albertans in shopping mood for Christmas

CALGARY — Many Albertans who have started their holiday shopping say they have made some unplanned purchases for themselves along the way.

A CIBC poll, conducted by Harris/Decima, which was released Thursday, said that 58 per cent of people in the province, who have started their holiday shopping, have spontaneously bought something for themselves as well — an average of $117.

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Alberta to lead country in retail sales growth for Christmas

CALGARY — Albertans will lead the charge for retail sales growth this year during the Christmas period, according to a report released Monday by Colliers International.

The 2012 Fall Retail Forecast said Canadian retailers should expect their cash registers to work overtime to the tune of $34 billion in holiday sales, excluding automotive and gas. This represents an increase of 4.6 per cent in December sales volume of traditional shopping centre retail categories, relative to the $32.7 billion in holiday sales in 2011.

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