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.
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Almost everyone has heard...CMHC in any kind of real estate talk or when buying a home. CMHC is a Mortgage Insurance Company....mainly to cover the banks' butt while lending for 'high ratio mortages, ex. when the buyer can only afford to put 5%
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