After starts in Edmonton dropped by 37% (year over year) in February, they dropped 59% in March. Good news for our inventory issue in the area. Starts have dropped by 31% so far this year compared to last, single family starts have dropped 61% and multi-family representing the lowest number of first quarter starts since 1996. I think the [...]
Archive | April, 2008
Another Piece of Edmonton’s History Might Disappear
I was in Vancouver at a conference for the weekend. I’ve been to Vancouver a dozen times, and my opinion of the city has changed over the years, as I’ve lived in different places. When I lived in Toronto, Vancouver (the city) seemed small, and unimpressive. Don’t get me wrong, the landscape and scenery is gorgeous (when you can see [...]
Weekly Update on the Edmonton Real Estate Market
Here is our weekly update on the Edmonton real estate market. (Lastweek’s numbers are in brackets, and the week before after that). Forthe past 7 days: New listings: 780 (574, 669, 714)# Sales: 284 (235, 263, 259)Ratio: 36% (41%, 39%, 36%)# Price changes: 550 (450, 465, 411)# Expired Listings: 408 (83, 152, 137)# Canceled, withdrawn and terminated listings: 60 (39, [...]
Edmonton Monthly Real Estate Stats – Corrections
As you know, I posted the stats on Tuesday using the new "daily stats" the Edmonton real estate board is putting out. I indicated in my post that I was concerned these "daily stats" won’t match up with the monthly stats and we’d have to wait and see. Well guess what….they don’t match up. I don’t know why they don’t [...]
Edmonton Real Estate Market Resilient
The Realtors Association of Edmonton has decided to publish stats daily!!! That means I can get our updates online much faster than in months past and will be able to add new info to our weekly stats. I have some concern that the numbers I post today won’t match their monthly numbers that should come out in a couple of [...]
Real Estate Prices Set to Soar in Plamondon
There has been much talk of a high speed train connecting Calgary, Edmonton and Fort McMurray. I think this is a fantastic idea and I’ve heard it may be completed in as little as 10 years. Yesterday we met with a friend of ours, who is a wildlife biologist for the government of Alberta, currently working on a feasibility study [...]
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Edmonton Real Estate Market Weekly Update – April 27/12
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Edmonton Real Estate Market Weekly Update – Star Wars Day
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Edmonton Real Estate Market Weekly Update – May 11/12
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Edmonton: The epicenter of North America
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The Edmonton Real Estate Blog is written by Sheldon Johnston and Sara MacLennan of Coldwell Banker Johnston real estate; both are licensed real estate associates in the Province of Alberta.
Aside from blogging, Sheldon manages the brokerage and assists clients buying and selling real estate in the Edmonton area, while Sara focuses on marketing and business development. If you're thinking of buying or selling real estate, or if you're interested in a career with one of Edmonton's most successful teams, contact them at blog@teamjohnston.com.
The opinions contained herein are those of the authors and are just that - their opinions. For legal information, consult a lawyer. For mortgage information consult a mortgage professional. For tax information consult an accountant. This information is not intended to solicit clients already under contract.
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