Home sales, prices forecast to remain strong next year

More homes will change hands next year in Lethbridge. And they’ll cost a little more than they would today.

But while new-home construction is predicted to accelerate across Alberta next year, builders here may face a slowdown. That’s the latest forecast from the Canada Housing and Mortgage Corp., based on housing transactions so far this year.

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Canadian interest rate forecast for August 2013

VANCOUVER, BC, July 31, 2013/ Troy Media/ – After the fireworks in June’s bond market, July was relatively tame. Rates held steady on the long-end while easing on the short-end of the yield curve amidst U.S. Fed clarification on the path of quantitative easing (QE) tapering and a flow of generally downbeat global economic data. Central banks have signaled accommodative policies through the nearto- medium term, providing little impetus for change in our rate outlook.

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