A day late this week, very sorry for those who were waiting for the numbers but it was unavoidable. So here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 762 (671, 566, 823)# Sales: 300 (279, 293, 336)Ratio: 39% (42%, 52%, 41%)# Price changes: 768 (603, [...]
Archive | May, 2008
Housing Starts Continue Downward Trend in April
CMCH released their monthly report today, showing that housing starts were down again in April. For the year so far, starts are down 41% from ’07 in the greater Edmonton area. If you compare April ’08 to April ’07 starts fell 60% in the greater Edmonton area, and 44% across Alberta (the only major city that saw an increase was [...]
Edmonton Monthly Real Estate Stats Update
So as I mentioned last week when I published the monthly stats, a number of sales would not yet have been reported and the final numbers would look a little different. So, inventory didn’t end up over 11,000 but I’m certain it will this month (final number 10,606) and there were actually 1823 sales. As far as the charts are [...]
Happy Star Wars Day!
May the fourth be with you 
I hope that you are all able to celebrate ‘STAR WARS DAY’ in the traditional way as I will, and the full enjoyment of the day be yours. [...]
Weekly Update on the Edmonton Real Estate Market
Here is our weekly update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New listings: 671 (566, 823, 869)# Sales: 279 (293, 336, 272)Ratio: 42% (52%, 41%, 31%, 36%)# Price changes: 603 (493, 679,567, 550)# Expired Listings: 450 (115, 181, 125)# Canceled/withdrawn/terminated listings: 71 (39, 65, 65)Net loss/gain in listings this [...]
Edmonton Real Estate Market Balanced
After three consecutive months of a buyer’s market in Edmonton, April saw some balance (barely). The new listings to sale ratio hit 42%, even with almost 4,500 new listings and inventory creeping over 11,000 homes. The steep competition did affect pricing as the average sale price dropped slightly, falling just below last April’s average:As you can see, competition and inventory [...]
“The Tony” Catches On
A few months ago I suggested that "The Anthony Henday" needed a nickname – much like the freeways in many other cities…. I like to call it the Tony. I’d just like to point out that the Edmonton Journal is calling it the Tony now too. Perhaps if we get Garner Andrews on this it will catch on.http://www.canada.com/edmontonjournal/news/culture/story.html?id=523d8797-6067-4caa-abd1-d4454a20d042&k=29101 [...]
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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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About Us
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.
For more information about us visit our website.
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