KANETIX Examines Edmonton Housing Trends

Edmonton has avoided an economic meltdown while other provinces were trying to stay afloat. Edmonton has survived the storm because of its largely diverse economy says KANETIX. Real estate investors and Albertans are trying to keep a close eye on the housing market to decide when the best time to take advantage of housing prices is. Although Albertans are trying to predict housing market trends, it is proving to be a difficult task, more so than other Canadian cities.

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Alberta economic snapshot for July 13, 2013

CALGARY, AB, Jul 13, 2013/ Troy Media/ – Among the provinces, Alberta has the fastest growing population. The strong economy continues to attract thousands of people from other provinces and countries. But there is a type of population growth that is also driving our province’s rapid expansion – and this requires no one to pack up and move.

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Analysis – The buyers are back, Canada housing market defies doomsayers

TORONTO (Reuters) – Daniel DiManno sold his Toronto house for less than he had hoped and wanted to see if prices would cool before he bought a new one. But Canadian mortgage rates are rising again and that’s spurring DiManno and others to jump back into the market, cutting short an already brief housing downturn.

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