Canada's big banks have begun raising their mortgage rates, with industry watchers saying this is likely just the beginning of a cycle of rate hikes that could see the cost of financing a home rise by 1.5 per cent within the next year. Three of the big banks -- RBC Royal Bank, Laurentian Bank, and TD Canada Trust --announced their rate hikes Monday afternoon, and they took effect today. National Bank followed suit Tuesday, with its adjusted rates to take effect on Wednesday. The changes affect ... Full Article...

Stability in Edmonton Housing Market continues through February Edmonton, March 2, 2010: Prices for residential property sold through the Edmonton Multiple Listing Service® changed marginally through February. Sales activity, however, was up dramatically when compared to last month or the same month last year. The average* single family dwelling price was $369,573 for February up just 1.4% from January; 5.6% from a year ago. Condominium prices dipped 3.8% in the month from $240,686 to $231,530. ... Full Article...

Just added this listing: "Summerwood in Sherwood Park is a conveniently located family neighborhood, close to schools, shopping and amenities. The perfect place to raise your children! This exquisite 2318 square foot two storey home is the 'Revive' by jayman MasterBUILT and offers the quality and luxury you've been seeking. The main floor features 9' knockdown ceilings; hardwood and tile flooring; great room with cozy gas fireplace; dining area is bright and spacious and has a door to the large ... Full Article...

Just sold this listing: "Ambleside in Windermere is an exclusive family community where you can live, work and play! Great shopping and amenities right here too! The 'Liberton 2' by Jayman MasterBUILT is a 2263 square foot two storey with luxurious finishing and details. Main floor has a spacious tiled foyer; 9' knockdown ceilings; hardwood throughout the rest of the main; great room with cozy gas fireplace to take the chill off winter evenings; spacious dining room with garden door to deck; u- ... Full Article...