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April Real Estate News Canmore Alberta
Going into our fourth month of the 2008 year, we all start to get a more certain felling as to how this year will "play out" for us. What I mean is, we should be getting over the "winter blues" and any preconceived ideas or notions we might have had.
Our provincial election came and past in mid March. The ruling party was elected again for the 36th year. Some people have said, "It is better to sleep with the devil you know, rather than the devil you do not know." No surprises here.
The Canadian dollar has levelled out in the high 90 cent range compared to the US dollar. We all knew it could not keep up close to the $1.10 mark. We are have adjusted to the lower 5% GST by now. So where am I going with these thoughts.
I strongly believe that a real estate asset will outperform a lot of other "conventional" and secure investments. I am seeing some of our larger and respected builders adjusting their offering prices for newly constructed units. With possession dates sometimes being 18 months "down the road," this might be a good time to look at some of the options offered ... more

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