April 2014 Prairie Economic Fundamentals

Ally

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Mar 24, 2009
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#2
Saskatchewan minimum wage to rise





REGINA ` Minimum wage earners in Saskatchewan will be pocketing more money this year.





The provincial government says the minimum wage is going up to $10.20 an hour from $10 starting in October.





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Ally

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Mar 24, 2009
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Langley
#3
Winnipeg reports healthy growth in first quarter





WINNIPEG, April 8, 2014 /CNW/ - The Royal LePage House Price Survey released today showed strong year-over-year growth for standard condominiums and standard two storey homes with a 5.3 per cent increase to $203,118 and 5.1 per cent increase to $325,072 respectively. Meanwhile detached bungalows increased a modest 1.2 per cent year-over-year to $306,507





"We have definitely seen a slow start to the year in Winnipeg," said Rick Preston, broker/owner, Royal LePage Dynamic Real Estate. "Our inventory levels are up compared to last year, but buyers are being choosy. The good listings are moving quickly, but questionable listings are sitting on the market."





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Ally

Research Assistant
Registered
Mar 24, 2009
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48
Langley
#4
Saskatchewan boasts lowest unemployment rate





The Saskatchewan government has released the province`s unemployment rate, which is the lowest in the country for the 15th consecutive month according to Statistics Canada.







At 4.5 per cent (seasonally adjusted), the Saskatchewan rate was below the national average of 6.9 per cent.





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Ally

Research Assistant
Registered
Mar 24, 2009
16,745
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48
Langley
#5
Edmonton's real estate market balancing out





It's a buyer's market.





After a dozen years of high prices, the housing market in the centre of Canada is finally expected to start balancing out in 2014, according to Re/Max, which released its spring market trends report on Tuesday.





Read the full article here.
 

Ally

Research Assistant
Registered
Mar 24, 2009
16,745
70
48
Langley
#6
Winnipeg's real estate market balancing out





It's a buyer's market.





After a dozen years of high prices, the housing market in the centre of Canada is finally expected to start balancing out in 2014, according to Re/Max, which released its spring market trends report on Tuesday.





Read the full article here.