The Canadian dollar reached parity with the U.S. dollar this morning.
The loonie was at $1.0001 U.S. at about 8 a.m. ET
This is the first time since April the Canadian dollar has traded equal to or greater than U.S. currency. "The main driver again today is underlying weakness in the U.S. dollar," said Douglas Porter, BMO Capital Markets deputy chief economist. "However, firmer (prices for) commodities are also playing a role ... "
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calgary: November Market - Calgary, Alberta
- 12/09/07 11:25 PM
November 2007 Statistics have been put out by CREB® and we are finally seeing a decrease in inventory for the Calgary area. For the first time since February we have seen a drop in inventory. While the sales have leveled off around the 2000 mark for the last 3 months we still have 5 months of inventory with 10455 listings on the market, if all numbers stay the same. In a market like this it's important to price your home competitively. As in any market hire a REALTOR® with the skills to know the market to help you price and advertise … (1 comments)
calgary: Condominiums are not a type of Building...
- 08/02/07 08:57 AM
I'm really not sure who is to blame the public, or the industry for this very common misconception, but I really want to clear it up. You can not tell if a building is a condominium by looking at it. Too often people think that condominiums are apartment style, when in reality a vacant lot in a subdivision can be a condominium form of ownership. So I would like to take this moment to list off the many styles of condominiums for anyone in the market.
The most well know and recognized form of a condominium would be the apartment style.
Good news for everyone that is travelling to the states!
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