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        <title>Calgary Real Estate Blog</title>
        <link>http://www.joesamson.com/blog/economy/</link>
        <description>Get the latest scoop on Calgary real estate happenings and market info. This is a great place to ask questions or offer your comments to other home buyers and sellers.</description>
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            <guid>http://www.joesamson.com/blog/variable-interest-rates-to-remain-low-bank-of-canada-holds-key-rate-at-1.html</guid>
            <link>http://www.joesamson.com/blog/variable-interest-rates-to-remain-low-bank-of-canada-holds-key-rate-at-1.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Variable Interest Rates to Remain Low! -  Bank of Canada holds key rate at 1%</title>
            <description> <![CDATA[ The Bank of Canada holds their key lending rate at 1% for the twelfth consecutive meeting. Banks therefore are expected to keep their prime rates at 3%. This was no surprise but there was some indications that future increases will happen sooner than later if things continue to improve in the economy.&nbsp;Here is the rational, Global economic growth has improved since the bank's last monetary report and Europe is expected to emerge slowly from recession in the second half of 2012. Although ther... ]]> </description>
            <pubDate>Tue, 17 Apr 2012 21:46:34 -0500</pubDate>
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            <guid>http://www.joesamson.com/blog/secret-signs-of-where-calgarys-real-estate-market-is-heading.html</guid>
            <link>http://www.joesamson.com/blog/secret-signs-of-where-calgarys-real-estate-market-is-heading.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Secret Signs of Where Calgary's Real Estate Market is Heading!</title>
            <description> <![CDATA[ 
Learn how to predict the market and avoid making another mistake that could cost you tens of thousands! 

It looks like Calgary&rsquo;s real estate market is heating up again! And it&rsquo;s time to learn from the past.By tracking this graph below, and looking at the spread between the amount of sales and the number of listings on the market we can draw a very predictable outcome for our real estate market.

(click on image to enlarge) 

&nbsp;

Because prices only increase if there is a shorta... ]]> </description>
            <pubDate>Mon, 09 Apr 2012 08:20:17 -0500</pubDate>
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            <guid>http://www.joesamson.com/blog/bank-report-reveals-hottest-investor-markets.html</guid>
            <link>http://www.joesamson.com/blog/bank-report-reveals-hottest-investor-markets.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Bank report reveals hottest investor markets</title>
            <description> <![CDATA[ 
A new report on varying provincial fortunes hints at where to make that next real estate investment. Psst, there's oil there.

&ldquo;Strength in the energy sector has rekindled in-migration and helped firm up the labour market,&rdquo; writes economist Robert Kavcic, touching on Alberta in the new edition of the BMO Blue Book &ldquo;With the recent growth spurt, measures of cost pressure and capacity constraints are picking up, but remain far from the extremes of the last boom.&rdquo;

Read Ful... ]]> </description>
            <pubDate>Sun, 26 Feb 2012 21:04:03 -0600</pubDate>
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            <guid>http://www.joesamson.com/blog/2012-calgary-real-estate-board-market-prediction.html</guid>
            <link>http://www.joesamson.com/blog/2012-calgary-real-estate-board-market-prediction.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>2012 - Calgary Real Estate Board Market Prediction</title>
            <description> <![CDATA[ 
CREB releases their market prediction in every January. If you are in the market to buy or sell your property in 2012, this report just may be the most important research document for you to base your decision on. 2011 had certainly showed some improvements to the market by single-family home sales increasing 9.06 per cent. However, if compared to the ten year average, it is still lagging about 17 per cent from where our transaction volumes should be at.There is definitely more optimism on the ... ]]> </description>
            <pubDate>Mon, 06 Feb 2012 11:38:13 -0600</pubDate>
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            <guid>http://www.joesamson.com/blog/bank-of-canada-holds-key-rate-at-14.html</guid>
            <link>http://www.joesamson.com/blog/bank-of-canada-holds-key-rate-at-14.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title> Bank of Canada holds key rate at 1%</title>
            <description> <![CDATA[ The Bank of Canada holds their key lending rate at 1% for the tenth consecutive meeting. Banks therefore are expected to keep their prime rates at 3%.Uncertainty around the global economic outlook has increased. The recession in Europe is worse than they anticipated.&nbsp;US growth was slightly more robust than anticipated however the European crisis is expected to weigh on US growth.&nbsp;Canadian dollar is still strong and the weaker external outlook is expected to dampen GDP growth in Canada.... ]]> </description>
            <pubDate>Wed, 07 Dec 2011 14:54:25 -0600</pubDate>
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            <guid>http://www.joesamson.com/blog/federal-election-and-calgary-real-estate.html</guid>
            <link>http://www.joesamson.com/blog/federal-election-and-calgary-real-estate.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Federal Election and Calgary Real Estate</title>
            <description> <![CDATA[ There&rsquo;s nothing better than a good federal debate. Well actually, that&rsquo;s not true. Having a government be able to do its job without being having to be sidetracked by numerous costly elections, well that surpasses the greatness of watching prime-minister-wannabes duke it out on live TV. As I was watching the debates last night---wondering what must have happened to Mr. Ignatieff in his childhood that turned him into such an angry individual---I considered what we have lost by being f... ]]> </description>
            <pubDate>Thu, 14 Apr 2011 08:58:03 -0500</pubDate>
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            <guid>http://www.joesamson.com/blog/bank-of-canada-increases-rate1.html</guid>
            <link>http://www.joesamson.com/blog/bank-of-canada-increases-rate1.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Bank of Canada increases rate</title>
            <description> <![CDATA[ The Bank of Canada increased their key lending rate by 0.25% to 1%. Banks therefore are expected to raise their prime rates to 3%. &nbsp;The Bank of Canada said consumption growth is expected to remain solid and business investment to rise strongly. &nbsp;The Bank now expects the economic recovery in Canada to be slightly more gradual than it had projected. &quot;Financial conditions in Canada have tightened modestly but remain exceptionally stimulated.&quot;... ]]> </description>
            <pubDate>Wed, 08 Sep 2010 13:46:48 -0500</pubDate>
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            <guid>http://www.joesamson.com/blog/variable-interest-rates-are-heading-up-the-first-time-in-many-years.html</guid>
            <link>http://www.joesamson.com/blog/variable-interest-rates-are-heading-up-the-first-time-in-many-years.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Variable Interest Rates are Heading Up - The first time in many years!</title>
            <description> <![CDATA[ 
The Bank of Canada increased their key lending rate by 0.25 percent to 0.5 percent. This is the first time they raised rates in nearly 3 years. Banks therefore are expected to raise their prime rates to 2.50%. The Bank of Canada's key lending rate held strong at 0.25% for 13 months, since April 2009.&nbsp;The Bank of Canada increased their rate to re-establish normal functioning of the overnight market.&nbsp;&quot;The spillover into Canada from events in Europe has been limited to a modest fall... ]]> </description>
            <pubDate>Tue, 01 Jun 2010 16:05:21 -0500</pubDate>
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            <guid>http://www.joesamson.com/blog/canadian-economic-recovery-heads-in-the-sand.html</guid>
            <link>http://www.joesamson.com/blog/canadian-economic-recovery-heads-in-the-sand.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Canadian Economic Recovery: Heads in the Sand?</title>
            <description> <![CDATA[ With the way that Canadians are spending at present, you would never know that we have been having&mdash;and will be having repercussions from&mdash;a recession for years to come. While Americans are having to learn new frugal habits, Canadians seem to be back to their old spending habits. However, we would benefit from continuing a more cautious method of spending so that we can better make it through the economic recovery that needs to take place. While it is true that our recession has been a... ]]> </description>
            <pubDate>Sun, 02 May 2010 17:59:17 -0500</pubDate>
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            <guid>http://www.joesamson.com/blog/is-calgary-heading-for-another-real-estate-correction.html</guid>
            <link>http://www.joesamson.com/blog/is-calgary-heading-for-another-real-estate-correction.html</link>
            <author>homes@joesamson.com (Joe Samson &amp; Associates)</author>
            <title>Is Calgary Heading for Another Real Estate Correction?</title>
            <description> <![CDATA[ 
The Bank of Canada warned in late 2009 up to 10 per cent of Canadian homeowners might be in danger of losing their homes when interest rates started to rise from today's historic lows.Is Canada heading down the same path as our neighbours to the south? Are we looking at a mortgage meltdown somewhere down the road? The answer from mortgage lenders and brokers is short and unequivocal: No.A very small percentage of borrowers might be in danger, they say. But these are likely people who borrowed a... ]]> </description>
            <pubDate>Wed, 31 Mar 2010 19:37:09 -0500</pubDate>
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