We were invited to a Genworth / ATB breakfast on Wednesday morning and was given some very interesting market updates that we thought we would share with you.
1)Unemployed in Red Deer dropped from 8% to 6% from May to September of this year. This is a great boost to our economy!
2)Posted bank rate in May 2009 was 5.25%. Today it is 5.29%.
3)67% of Genworth approvals in the Red Deer area are between the ages of 18 – 35!
We found this to be a very important statistic as we move forward into 2011.
