Archive | June, 2008
Edmonton Property Taxes: A Higher Assessment Does Not Always Mean Higher Taxes

Edmonton Property Taxes: A Higher Assessment Does Not Always Mean Higher Taxes

If you own property in Edmonton you should have received your city tax assessment in the mail recently. You probably noticed your tax assessment is much higher this year than last year. There is a BIG misconception out there, that if property values go up by say 50%, then property taxes go up 50%.That is completely false. If it [...]

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Edmonton Real Estate Complete Monthly Stats for May 2008

Edmonton Real Estate Complete Monthly Stats for May 2008

Prices are stable, sales are seasonally normal, the market is balanced…it’s barely newsworthy. The only thing to talk about is the high inventory and the craziness we saw in the past two years. So, I’ve done some extra charts this week for some added interest. From this chart you can see inventory usually peaks somewhere between May and August, so [...]

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Don’t Shoot the Messenger

Don’t Shoot the Messenger

What a crazy week!  Start it with surgery (the non urgent kind that keeps getting put off by surgeons until they find the worst spot in your schedule and decide to do it then), add to that your office moving after being located in the same location for the past 10 years, and for fun throw in the current [...]

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Edmonton Real Estate Market Remains Balanced

Edmonton Real Estate Market Remains Balanced

The preliminary numbers for May are out and it looks like the real estate market is still statistically balanced in Edmonton. I have to say though, it doesn’t feel all that balanced. The phones aren’t exactly ringing off the hook. That being said there have been 1820 sales reported so far for May (about the same as last month) which [...]

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