I’ve posted on the topic of buying real estate in the states before, however Alberta Venture magazine recently ran a pretty comprehensive article on the subject; they looked at some of the things that Canadians should take into consideration when buying stateside. I am quoted in the article as an antagonist to purchasing real estate in the US but I [...]
Archive | Alberta’s Economy RSS feed for this section
Alberta Venture magazine – buyer beware
Is Edmonton Affordable?
A few readers have referenced an affordability study that has popped up in a number of newspapers today, so I thought I would check it out. The “7th Annual Demographia International Housing Affordability Survey” rated the affordability of 235 housing markets around the world. They rated markets by dividing gross annual median household income by median house price and defined [...]
Housing Forecast Seminar Live Blog – MLS® System Market Forecast
Chris Mooney, President, REALTORS® Association of Edmonton.
Chris walked on stage with an iPad, hopefully a sign of what is to come. He gave an annual review which we have already covered here and in our report that went out yesterday. he pointed out the average prices are currently highes in the south west and west,
The forecast for single family homes in the [...]
Housing Forecast Seminar Live Blog – Economic and Financial Trends
Next up at the Housing forecast seminar, Ian Glassford, CFO, Servus Credit Union.
Global economy:
continued recovery in 2011, not expecting double dip
weak recovery for developed economies
volatile but overall positive
recovery is very different in different parts of the world. Developed world will grow slowly where emerging [...]
Housing Forecast Seminar Live Blog – Development Trends
Next up….Patrick Shaver, President, Urban Development Institute (UDI)
2011 Housing trends – people want a single family home. This includes single detached, duplex and row homes, as long as they are “fee simple”
The new standard detached lot is 40′ wide.
Detached garage homes with a lane are on a 30′ [...]
New Construction Continues Slowdown in Edmonton in December
Canada Mortgage and Housing Corporation (CMHC) released its report on housing construction in Edmonton for December showing for the third month in succession, total housing starts decreased on a year-over-year basis. Here are some highlights from the report:
housing starts totalled to 558 units in December, down from 812 last December
Despite the recent reduction, [...]
Readers Predictions for 2011
On Tuesday we posted a poll asking our readers what they thought would happen with the real estate market in Edmonton. We’ve had 95 responses so far and they keep coming in. It seems to me our readers are more optimistic than in the past (certainly more so than the last poll we had in July).
Here are the results:
1. [...]
Edmonton Real Estate Market Improves in November
The other day Sheldon said to me: “It feels a little like it did at the end of 2005…” He reminded me of some properties that sat on the market for ever that just started to sell out of the blue in 2005, and related that to what is happening with some properties now. I didn’t think much of it [...]
More Albertans Expect to Buy a Home Next Year
Gord McCallum at First Foundation Mortgages forwarded me a report from the Canadian Association of Accredited Mortgage Professionals called “Annual state of the Residential Mortgage in Canada.” Here are some highlights:
6.4% of Albertans indicated they were highly likely to purchase a home in the next year, the highest in the country and well above the overall average of 3.56% (only [...]
Edmonton Home Builders Finally Take a Breather
Monthly housing starts in the greater Edmonton area have increased on a year over year basis every month since June 2009… until now. According to a new report from CMHC Edmonton area builders took a breather in October starting 755 units compared to 947 last year and 873 in September. Condos and single family home starts were both down about [...]
-
Edmonton Real Estate Market Weekly Update – April 27/12
-
Edmonton Real Estate Market Weekly Update – Star Wars Day
-
Edmonton Real Estate Market Weekly Update – May 11/12
-
Edmonton: The epicenter of North America
Photos on flickr
Find us on Facebook
221 people like Edmonton Real Estate Blog.
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.
Deer Valley Gardens
Leduc Condos
These brand new, affordable, 3 bedroom, 2.5 bathroom townhomes with attached garages in Deer Valley Gardens in Leduc, AB feature granite countertops, fireplaces, laminate floors, maple cabinetry and more. Starting at $249,800.
