Is the housing market making a major shift?

The real estate market has been one of the strongest pillars of the economy following the greatest financial downturn since the Great Depression. Amid low interest rates and a great deal of intervention from policymakers, home buyers received an added incentive to purchase a home. Meanwhile, sellers enjoyed low inventory levels and rising prices. However, a new survey finds that sellers might be losing their control on the market.

Read more: http://tinyurl.com/pdfq4ju

Alberta economic snapshot for September 14, 2013

CALGARY, AB, Sep 14, 2013/ Troy Media/ – Canada’s job market has been fairly soft in 2013, with the national unemployment rate still hovering above 7 per cent. It’s even more difficult for young people, where unemployment is nearly double at 14.1 per cent. But as is the case with most job seekers, young people may want to consider a move to Alberta.

Read more: http://tinyurl.com/lwmkx5k