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There has been a lot of money changing hands this month in Edmonton. It is all good stuff too, which you can read about in the links below.
A new conference and exposition center, community health facility (a really BIG one) and a ramp up in infrastructure to name a few.
All of that creates strong short and long term jobs, which are great for kick-starting the economy.
The oilsands deal with China is pretty impressive to boot. I wouldn't say it pulls us out of a recession yet, but you can read the articles and decide for yourself.
Recession is over, says economist
By Mario Toneguzzi, Calgary Herald, September 12, 2009
Rising commodity prices will fuel modest economic growth in Alberta in the next two years as demand for energy grows in the world's emerging markets, says a national economist. Canada's recession is over and the country will lead all G-7 peers in economic growth next year, paced by Alberta's strong energy sector, said Benjamin Tal, senior economist with CIBC World Markets Inc.
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Here are those charts. As you can see the price ranges that are expanding are under $300,000 and over $400,000. I would attribute this expansion under $300,000 to the continued influx of first time buyers into the market. The over $400,000 range is probably attributed to better feelings about the economy and more move up buyers.

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Well it looks like we are back to a balanced market. No record breaking sales this month. The number of sales for August are back to a more normal range (1673). Prices actually have flattened and dipped a little. The inventory is continuing to fall which is good news. We are now at 6445 homes for sale (down from 6592 in July). One thing that is interesting is the over $400,000 price segment has went up in the last month (from 19% to 22%) but the under $300,00 is also increasing (up from 47% to 48%). So, therefore the middle $300,000-$400,000 range is actually shrinking a bit. I will post these charts in the next post.
What this all means (in my opinion) is that the market is balancing out. The predictions that we were going to shoot through the roof with prices earlier in the year have not been realized. The prices have stopped their freefall and climbed a little, but it looks like we are now moving into a stable balanced market. 
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Over my summer holiday I once again came to the realization that constant management, improvement and measurement are critical to ongoing success. Even when we reach a point in our lives and businesses that allows us to delegate certain jobs we must continue to look for ways to improve upon them.
It may sound counter-intuitive to delegate a job and then invest time in managing it, but it's not and here's why. When we have delegated our jobs it gives us a chance to step back from them and see how the system, person and team perform without you in the active (say physical) role of doing it. You can test this by measuring their performance against your earlier benchmark.
You'll be listening for their input on how to do the job better, faster and of a higher quality as well as looking at their productivity from the eyes of an employer. If you monitor these 'jobs' every 90 days with an eye to improvement, this helps give you the edge and brings your business game to a new level.
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