Google: 52619

The Bank of Canada today increased its target for the overnight rate to 4.25%, with the Bank Rate at 4.5% and the deposit rate at 4.25%. The Bank is also continuing its policy of quantitative tightening.

Inflation around the world remains high and broadly based. Global economic growth is slowing, although it is proving more resilient than was expected at the time of the October Monetary Policy Report (MPR).

In Canada, GDP growth in the 3rd quarter was stronger than expected, and the economy continued to operate in excess demand. Canada’s labor market remains tight, with unemployment near historic lows.

Read Full Report

While commodity exports have been strong, there is growing evidence that tighter monetary policy is restraining domestic demand: consumption moderated in the third quarter, and housing market activity continues to decline.

Overall, the data since the October MPR support the Bank’s outlook that growth will essentially stall through the end of this year and the first half of next year. CPI inflation remained at 6.9% in October, with many of the goods and services Canadians regularly buy showing large price increases. Measures of core inflation remain around 5%.

Looking ahead, Governing Council will be considering whether the policy interest rate needs to rise further to bring supply and demand back into balance and return inflation to target. Quantitative tightening is complementing increases in the policy rate. We are resolute in our commitment to achieving the 2% inflation target and restoring price stability for Canadians.
Read full post

“Sales actually popped up from September to October, and the decline in prices on a month-to-month basis got smaller for the fourth month in a row,” says CREA’s Senior Economist, Shaun Cathcart

Wondering how this impacts your home buying or selling decision? Are you interested in moving out of the province? Connect with me to discuss your options and for a trusted referral.⁠

Craig Finnman
Re/Max Elite
craig@craigfinnman.ca
780-982-1589

Read full post

Following your heart and what you're passionate about is important since you'll be more resilient and enthusiastic when overcoming obstacles. It helps you to have a more positive outlook and can overcome difficulties through problem-solving. If you've been waiting... what for? Start immediately!

Craig Finnman
Re/Max Elite
craig@craigfinnman.ca
780-982-1589

Read full post

Wondering what's happening in the city this weekend? Here's a list of a few activities and events that might interest you.⁠

1. Christmas in the Country

When: Saturday, December 3rd, 2022
Where: Strathcona County, AB
Cost: FREE

Get in the Christmas spirit with country markets and activities for the whole family in south Strathcona County. Enjoy sleigh rides, fun activities, delicious food, and fireworks.

2. Edmonton Downtown Holiday Light Up

When: Saturday, December 3rd, 2022
Where: Rice Howard Way, Edmonton, AB
Cost: FREE

Join in for Edmonton’s favorite holiday celebration "Holiday Light Up." Bring your festive spirit and enjoy new art installations, great music, a Christmas market, games, maple taffy and hot bevvies. Make it your festive mission to visit Rice Howard Way and make the most of gathering with friends, shopping, in-store events and more.

3. Santa’s Food Bank Drive

When: Saturday, December 3rd, 2022
Where: Twice Cream, 10983-127 Street, Edmonton, AB
Cost: FREE

Twice Cream is hosting a Food Bank Drive, presented by Volvo Edmonton. Everyone is invited to enjoy some winter fun. There will be free hot chocolate and sleigh rides, and you can take your own picture with Santa! Please bring a donation for the Edmonton Food Bank.

Learn More

Read full post

Ways to Get OUT of Your Comfort Zone⁠

1. Do something you've always wanted to do⁠
2. Change the routine of things⁠
3. Learn a new skill set⁠
4. Face a fear⁠
5. Travel somewhere new⁠

Feeling safe, secure, and at ease is important. Challenging yourself is just as important. How are you stepping out of your comfort zone?⁠

Craig Finnman
Re/Max Elite
craig@craigfinnman.ca
780-982-1589

Read full post

Your tone of voice and the words that you use can sometimes be the difference in whether a conversation is positive or not. Here are some great books to check out that offer tips on ways you can ensure that your conversations have the best outcomes.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

Wondering what's happening this weekend? Here's a list of a few activities and events that might interest you.⁠

1. Cineplex Community Day – Free Movies⁠

When: November 19th, 2022⁠
Where: Cineplex Theatres⁠
Cost: FREE⁠

Enjoy a morning of free movies on November 19th.⁠ Movie-lovers are invited to kick off the holiday season and visit their local Cineplex theatre to celebrate Community Day by enjoying a FREE movie and helping raise money for BGC Canada.⁠ $1 from every concession order and XSCAPE arcade playcard sale throughout the entire day will go towards supporting youth empowerment programs through partners at BGC Canada.

2. Martin Deerline’s Green Christmas

When: November 19th, 2022
Where: Martin Deerline, 17104 118 Avenue Northwest, Edmonton, AB
Cost: FREE

Join Martin Deerline for a free family event full of Christmas fun! Come out to Green Christmas to have your picture taken with Santa on a John Deere tractor, build Christmas crafts, enjoy Christmas treats and save some money on John Deere gifts!

3. Celebration of Lights

When: November 19th, 2022
Where: Festival Place, 401 Festival Lane, Sherwood Park, AB
Cost: FREE

Wear your favourite holiday sweater or elf hat and join us at the Celebration of Lights! This family-friendly event is entirely free and aims to entertain the whole family with an LED tree show, holiday music, holiday activities and games, as well as a special appearance from both Santa and the Grinch!

Learn More

Read full post

Welcome to beautiful Palisades on the Park! Concrete building. Close to public transportation, schools & shopping. Don't miss out on this one!

#309 - 400 Palisades Way, Sherwood Park, AB
MLS#: E4318731

1,145 sq/ft
2 BEDROOMS
2 BATHROOMS
BUILT-IN: 2007
CONDO FEE: $579.88

**VIEW FULL LISTING** 

This great size, 2 Bedroom + Den, is situated in an ideal Sherwood Park location - close to all amenities and convenient access to Yellowhead and Anthony Henday! 

Open concept living/dining/kitchen with granite countertops throughout, ceramic tile, maple cabinets with under-cabinet lighting, stainless steel appliances, and eating bar. 

Primary bedroom has walkthrough closets, and an ensuite with large shower. Nice private balcony with bright, sunny exposure! 

All the building amenities you need plus more, including exercise room, steam room, sauna, social room, theatre room, carwash, and even guest rooms!

Contact me with your questions and book a private showing.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

I have my Re/max Conference Jacket and am ready to go to work in Toronto for Buffini’s Masterclass.

Excited to connect with my Referral Network of the best agents from across Canada. I’ve been asked to be on a panel with 3 other top-performing agents and share our stories.

If you’re in need of a Realtor in another market - reach out to me and I can help you find an agent to serve you.

Thank you to all of you that have supported me- so grateful.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠
Read full post

I love what I do and I appreciate all of you! THANK YOU to my client base for all of your dedication and support. I’m extremely grateful for my life in real estate and am always a phone call away ready to answer any of your questions!

Reach out today if you’re ready to sell your Edmonton or Sherwood Park home. I’d love to help!

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

When the overnight rate is increased, it becomes more expensive to borrow money. The increased costs of borrowing money are shifted from the bank onto the consumer by increasing the Prime Rate.

Pre-Approvals are likely to decrease.

Fixed-Rate Mortgages remain the same.

Adjustable Rate Mortgages will increase according to the new Prime Rate minus your discount. (Expect information in the mail).

Static Variable Mortgages payments remain the same but a portion of interest paid to the lender will change.

Reach out with your questions anytime. I can introduce you to a mortgage broker who would be happy to go over your options with you and help you find a mortgage that you're most comfortable with.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

During this time of year, our thoughts are filled with gratitude for those who have supported us in our personal lives and careers. Here are some ideas on how to host an event that extends that gratitude to helping others in need.⁠

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠
Read full post

15 years with RE/MAX - what a milestone! I’m incredibly proud of the relationships I’ve built and the services I’m able to provide.

This is an honour and I’m very grateful. Thank you to my dedicated client base that continue to show me all the love, support, and trust with their buying and selling needs.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠
Read full post

Wishing you and your family a Happy Thanksgiving Here's to the best this holiday and in the coming year. I hope your days are filled with joy, love, happiness, and success! ⁠

Thank you to those of you who stopped by our Thanksgiving Pie Pick Up event on Saturday. It was a success and great to see all of your smiling faces!

I'm appreciative of all of your trust when it comes to buying or selling real estate and I can never thank you enough. If questions arise at the dinner table regarding buying or selling, just remember I'm just a phone call away.⁠

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

Prepare to be AMAZED by this RENOVATED CUSTOM 2 STORY HOME in THE RIDGE, BACKING ONTO TREES & PARK! Located on a quiet culdesac, this home is IMMACULATE & UPGRADED!

52 Regal Way, Sherwood Park, AB
MLS#: E4314371

2,274 sq/ft
3 BEDROOMS
4 BATHROOMS
BUILT-IN: 1995

Walk into a grand foyer, w/den adjacent. Gorgeous REFINISHED HARDWOOD floors, open concept living/dining/kitchen. Great windows bring in lots of natural light. 

**EXPLORE IN 3D**

HUGE GOURMET KITCHEN, white cabinets, quartz countertops, large island & walk-in pantry. Off the kitchen is a mudroom, built-in coat lockers & laundry room. 

Primary bedroom is huge, w/bonus sitting area, RENOVATED 5 PCE ENSUITE, w/soaker tub, 6 ft shower, & double sinks. Second bedroom & 4 piece bath upstairs as well. 

**VIEW FULL LISTING**

NEWLY RENOVATED, FINISHED BASEMENT includes a massive recreation room, bedroom w/walk in closet, & 3 piece renovated bathroom. 

Enjoy a gorgeous, PRIVATE BACKYARD, pergola, hot tub (3 yrs old), maintenance-free fence & deck. Other upgrades: NEW HWT/FURNACE (2 yrs ago), NEW WASHER/DRYER (4 yrs old), NEW FRIDGE/STOVE, DISHWASHER (3 yrs old). NEW CARPET! 

Just move in & enjoy! Contact me with your questions and book a private showing.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589

Read full post

WELL-MAINTAINED 3 +1 bedroom Bungalow in GLEN ALLEN! GREAT CENTRAL LOCATION, with walking distance to 2 Elementary Schools, Sh Pk Mall, Centre in the Park, and many other amenities!

82 Georgian Way, Sherwood Park, AB
MLS#: E4314068

1,001 sq/ft
4 BEDROOMS
2 BATHROOMS
BUILT-IN: 1972

Walk into a great size living room with laminate flooring, and an adjacent dining room overlooking a GORGEOUS BACKYARD. Bright, cheerful kitchen with white cabinets and banquette eating area. Three bedrooms on main, as well as 4 piece bath. FULLY FINISHED BASEMENT with large recreation area, bedroom, and 3 piece bath.

**VIEW FULL LISTING**

Upgrades include: NEWER FENCE, NEW SHINGLES, NEW WINDOWS, OVERSIZED DOUBLE DETACHED HEATED GARAGE 24.9x22SF with NEW DOOR. The backyard is landscaped with great taste and boasts a large deck area as well. Don't miss out on this great find! Welcome home! Contact me with your questions and book a private showing.

Craig Finnman ⁠
Re/Max Elite ⁠
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

It's that time of year again! Happy 1st Day of Fall! Wondering if there's reason to sell at this time of year? Here are 3 reasons why Fall is a GREAT time to sell your home.

1. Have kids? Expect everything to run more efficiently when the kids are in school for the day. It's easy to keep the house prepped for showings throughout the day.

2. Your Home Looks GREAT! Fall colors, feels, and smells help for some great curb appeal.

3. Fewer Sellers. At this time of year, there are fewer homes on the market for sale compared to other months in the year.

Curious about what your home is worth? Complete the Home Evaluation Form below!

Home Evaluation Form

Craig Finnman
Re/Max Elite
craig@craigfinnman.ca
780-982-1589
Read full post

Welcome to this pride of ownership, RENOVATED BUNGALOW on a quiet street of Millshaven! This home is move-in ready & has everything you need. Don't miss out on this great find!

33 Milburn Crescent, Sherwood Park, AB
MLS#: E4313466

1,288 sq/ft
4 BEDROOMS
3 BATHROOMS
BUILT-IN: 1970

Walk up to fruit trees and an inviting front verandah. This home has a beautifully done RENOVATED KITCHEN, with new cabinetry, countertops, backsplash, and new SS appliances too! Huge dining room and living room off of the kitchen. The back entry has built-ins with hidden storage behind. 

**EXPLORE IN 3D** 

FOUR BEDROOMS ON THE MAIN FLOOR! The primary bedroom has built-in closet organizers and renovated 2 piece ensuite. Three more bedrooms on the main floor, as well as a great size, RENOVATED 4 PCE BATH! 

The FULLY FINISHED BASEMENT with laminate flooring, has lots to offer! There is a spacious family room, recreation area, 3 piece bath/laundry, and huge workshop/hobby room! The backyard boasts a private deck and patio, and great size backyard. 

**VIEW FULL LISTING**

Other upgrades of this home include NEW SHINGLES (5 yrs ago), NEWER EAVES, NEW FURNACE (5 yrs ago), and OVERSIZED INSULATED/HEATED GARAGE. Contact me with your questions and book a private showing.

Craig Finnman ⁠
Re/Max Elite 
craig@craigfinnman.ca ⁠
780-982-1589⁠

Read full post

Moving is a stressful time between getting the old house ready for the new owners, getting the new house situated for your new life, and having to remember all the places where you'll need to update your address... it can be A LOT! Here are 7 tips to HELP YOU have a streamlined move.

Craig Finnman
Re/Max Elite
craig@craigfinnman.ca
780-982-1589
Read full post
Copyright 2022 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.