June 2021 - Real Estate Statistics
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Real Estate Market Statistics for June 2021
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Lac Sante Shores Subdivision is located on the west side of Lac Sante with under 40, one acre lots, services are at the property line, choose your own builder. This Is A Luxurious & Prestigious Community with an abundant amount of lots showcasing already built gorgeous homes!
Lac Sante is one of Alberta's Best Kept Secrets!! Only 1.5 hours east of Edmonton located between Two Hills and St. Paul - Gorgeous lake, pristine beaches and 2 boat launches. The lake is spring fed and 10.4 km in length, 3.9 km wide, mean depth is 9 meters and with a maximum depth of 27 meters.
The lot being offered for sale is just under 1 acre, one of the highest lots in the subdivision with a Spectacular View of the Lake and less…
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Interest rates expected to climb above the previous peak for the first time in decades amid robust recovery
TORONTO — With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022, will result in interest rates climbing above the previous peak for the first time in decades.
In four major tightening cycles since the early 1990s, the Bank of Canada’s key interest rate has peaked at a level that was lower than the preceding endpoint.
But that could change in the next cycle, as historic levels of government spending globally raise prospects of an economic recovery from the COVID-19…
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Rob Roach, ATB Economics | June 17, 2021 |
For the fourth quarter in a row, more people left Alberta for other parts of Canada than arrived from elsewhere in the country. |
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A home purchase is one of the largest assets and the biggest debt that a person will have. If this is your first time obtaining mortgage, then there are a few things that you need to know about what is required to qualify.
Credit History: How is your current credit and how has it been in the past? Your financial institution will look at your rating, and that everything is in good standing. If you are able to manage your debt, then it reflects on your ability to manage house payments.
Debt Load: What are your liabilities? How much debt do you have? Your financial institution will look at the amount that you owe compared to the amount that you earn. Your debts should not exceed 40 to 42 % of your gross…
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