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From the monthly archives:

July 2009

Are Canadian investors ready for 10% GDP growth?

July 22, 2009 News

There was an interesting article in the Globe last week referring to Cheryl King’s (Merrill Lynch)  comments on a report from the Bank of Canada. nvestors should brace themselves for explosive economic growth in the coming quarters as trade with the United States rebounds, Merrill Lynch said Tuesday. Economist Sheryl King said the latest Bank [...]

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Jimmi Hendrix plays the Song of the Week

July 17, 2009 Song of the Week

It’s a balmy 35 degrees here in Kelowna, and I’m off to a wedding in Vancouver tomorrow. Enjoy your weekend!

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Edmonton Monthly Prices Updates

July 16, 2009 Statistics

FYI, I’ve updated my massively popular spreadsheet of Edmonton Real Estate Prices since 1962 to include the June 2009 Data. You can also check the second sheet of the raw data to view two new additions: month-vs-past-month and month-vs-month-last-year  price change calculations. Have fun and be nice to your data!

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Tomorrow’s News: Negative CPI is not Deflation

July 16, 2009 Economic Fundamentals

Stephen Gordon writes one of my favorite blogs on economics, and pointed out something interesting about what’s going to hit the news tomorrow. The CPI will be negative. This does not mean we’re headed for deflation. Brace yourself for stupid news articles in advance. As Dr. Gordon explains here: Tomorrow’s headline inflation number will be [...]

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How to Cut Vacancies by 50%

July 16, 2009 Marketing

Stuart Lomas told an intersting story this week. He has four properties in Edmonton, two of which were vacant (one up in Hermatige and one in Millwoods) . They were doing well with their advertising. Lots of inquiries, and plenty of prospective tenants to come and look at the places.  The rents were appropriate, and [...]

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Employment Diversity After a Recession

July 12, 2009 Economic Fundamentals

This recession has shown us the power of investing in towns with a diverse employment base because the impact it has on rents, vacancies and prices of real estate. Towns like Windsor are getting hit hard because of Chrysler’s woes and there is very little real estate investors who own in the city could do [...]

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Canadian Rental Website Rankings – June 2009

July 11, 2009 Marketing

Renters and Real Estate investors both have similar needs. Renters want a place to live and investors have a place for them. Getting the two parties together can be a difficult exercise. However, there is one thing which brings us together. You might jump to the conclusion that it’s just the Internet. You’d be wrong. [...]

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