Glen Godlonton Calgary Real Estate

The seasonally adjusted annual rate1 of housing starts reached 174,500 units in December 2009. This is an increase from an annual rate of 164,800 units in November, according to Canada Mortgage and Housing Corporation (CMHC). Actual housing starts for 2009 are being verified and will be reported in the January edition of Monthly Housing ...

Global Banks Unite in Unprecedented Rate Cuts In an unscheduled move today, coordinated with several other international banks, The Bank of Canada reduced their Overnight Rate by 1/2 of one percent.  The financial institutions would be expected to follow suit over the next day or so; reducing their Prime Rate to 4.25%; however see note ...