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Why it’s so hard to understand inflation

People despairing over their rising gas and grocery bills can be forgiven for scratching their heads in confusion when Statistics Canada recently reported the country’s core inflation rate had actually fallen in April.

Read more: http://www.vancouversun.com/business/hard+understand+inflation/4910602/story.html#ixzz1OittemKG

Why it’s so hard to understand inflation

Tighter mortgage rules may yet save us from ourselves

People who remember the days when there was only one type of mortgage – with interest fixed at five per cent annually for the entire 25 years – will also remember the cartoon character Pogo saying: "I have met the enemy, and he is us."

Tighter mortgage rules may yet save us from ourselves

Locals bought most of 2010′s real estate in Victoria

"The majority of buyers are people moving up or down in the market to meet their changing needs," said board president Dennis Fimrite, adding he found it encouraging to see a quarter of the buyers were acquiring their first homes. "Despite concerns over affordability, we are pleased to see that many individuals and families are able to make the move to home ownership. This shows confidence in the market and a commitment to making this area their home."

Read more: http://www.timescolonist.com/business/Locals+bought+most+2010+real+estate+Victoria/4151300/story.html#ixzz1ByRM29Fv

Locals bought most of 2010′s real estate in Victoria

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