The Edmonton Real Estate Blog
weekly-market-update

Weekly Market Update, Dec. 12/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 210 (225, 238, 258) # Sales: 172 (218, 216, 249) Ratio: 82% (97%, 91%, 97%) # Price Changes: 109 (137, 142, 156) # Expired/Off Market Listings: 114 (265, 118, 140) Net loss/gain […]

Confused-homeowner

Common Misconceptions About Real Estate

The Real Estate Council of Ontario (RECO, similar to RECA in Alberta & regulates the real estate industry) recently surveyed Ontario homeowners and found some surprising results; the average homeowner doesn’t know very much about the process of buying and selling a home. Ok, maybe it’s not that surprising, but there are definitely some basic […]

weekly-real-estate-update

Weekly Market Update, Dec. 5/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 225 (238, 258, 269) # Sales: 218 (216, 249, 257) Ratio: 97% (91%, 97%, 96%) # Price Changes: 137 (142, 156, 162) # Expired/Off Market Listings: 265 (118, 140, 123) Net loss/gain […]

monthly-real-estate-report

Average Real Estate Price Jumps in November in Greater Edmonton Area

We often see an increase in average prices at the end of the year in the Greater Edmonton Area and November was no exception. Demand for real estate remains strong, and even with a jump in new listings, strong sales have kept inventory lower than previous years. The REALTORS® Association of Edmonton released their monthly report […]

Edmonton-real-estate-report

Edmonton Single Family Homes Reach Record Price in November

Our preliminary look at the real estate market for November, 2014, shows single family home sales were well ahead of recent years, as they’ve pretty much been all year. There were 693 single family home sales reported in November, up 15.7% from last November. Condo sales were right inline with 2013 for the second month in […]

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Weekly Market Update, Nov. 28/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 238 (258, 269, 377) # Sales: 216 (249, 257, 261) Ratio: 91% (97%, 96%, 69%) # Price Changes: 142 (156, 162, 204) # Expired/Off Market Listings: 118 (140, 123, 276) Net loss/gain […]

Edmonton Real Estate Market Forecast

Edmonton Real Estate Forecast: 2015 and Beyond

The Canada Mortgage and Housing Corp. (CMHC) held it’s annual Edmonton Housing Outlook conference yesterday. I find their forecasts are always on the conservative side, so I’m not surprised their opinion is that the real estate market in the Greater Edmonton area will remain robust for the next two years, but not as robust as […]

weekly-real-estate-update

Weekly Market Update, Nov. 21/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 258 (269, 377, 325) # Sales: 249 (257, 261, 249) Ratio: 97% (96%, 69%, 77%) # Price Changes:  156 (162, 204, 205) # Expired/Off Market Listings:  140 (123, 276, 154) Net loss/gain […]

Top 100 Real Estate Blogs

We’re very happy to be included in this list of top real estate blogs, in spot #30! An infographic by the team at Rebates zone

New-Downtown-Edmonton-Buildings

New Downtown Edmonton Condos: How many condos are too many?

Image Credit: Stantec.com There is a lot of excitement going on in downtown Edmonton, with billions of dollars of projects underway like the Arena and the Museum. Along with that comes a wave of new condo projects, from developers locally and across the country. Our skyline is undergoing a major upgrade. “It all amounts to an […]

weekly-real-estate-update

Weekly Market Update, Nov. 14/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 269 (377, 325, 397) # Sales: 257 (261, 249, 265) Ratio: 96% (69%, 77%, 678) # Price Changes: 162 (204, 205, 210) # Expired/Off Market Listings: 123 (276, 154, 122) Net loss/gain […]

weekly-market-update

Weekly Market Update, Nov. 7/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 377 (325, 397, 368) # Sales: 261 (249, 265, 258) Ratio: 69% (77%, 67%, 70%) # Price Changes: 204 (205, 210, 232) # Expired/Off Market Listings: 276 (154, 122, 161) Net loss/gain […]

monthly-real-estate-report

Experts Agree: Edmonton’s the Place to Be

The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Real Estate market yesterday showing an active real estate market. The Real Estate Investment Network (REIN) also released a report yesterday, showing Edmonton and Calgary as the best markets to invest in real estate in Canada, agreeing with other, recent, similar reports. […]

Edmonton-real-estate-report

Condo Prices Continue to Climb in October in Edmonton

Single family home sales in October were well ahead of last October in Edmonton. There were 842 sales of single family homes in October, up 11% from last October. Perhaps we will see a stronger than normal end to 2014.       Condo sales were slightly lower than last October in Edmonton, there were […]

weekly-real-estate-update

Weekly Market Update, Oct. 31/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 325 (397, 368, 393) # Sales: 249 (265, 258, 259) Ratio: 77% (67%, 70%, 66%) # Price Changes: 205 (210, 232, 233) # Expired/Off Market Listings: 154 (122, 161, 374) Net loss/gain […]

Edmonton-Fall-Skyline

Emerging Trends in Real Estate, 2015: Edmonton’s on Top

PwC released their Emerging Trends in Real Estate this week, with a thorough analysis of Canada’s major cities. Edmonton and Calgary came out on top, scoring very well for investment, development and housing. The report discusses urbanization as the “new norm” with people flooding into city cores to live close to both work and the […]

Rental-Contracts-for-Landlords

Four Legal Forms Every Landlord Needs

With Edmonton having the lowest tax rate in Canada and a steady increase in wages, it is no wonder investors are looking toward Edmonton’s lucrative real estate market. Unfortunately being a landlord is not as easy as one may think. Many actions have to be followed in accordance to the Residential Tenancies Act. Failure to […]

weekly-real-estate-update

Real Estate Market Update, Oct. 24/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 397 (368, 390, 373) # Sales: 265 (258, 259, 321) Ratio: 67% (70%, 66%, 86%) # Price Changes: 210 (232, 233, 247) # Expired/Off Market Listings: 122 (161, 374, 151) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, October 17/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 368 (390, 373, 447) # Sales: 258 (259, 321, 349) Ratio: 70% (66%, 86%, 78%) # Price Changes: 232 (233, 247, 248) # Expired/Off Market Listings: 161 (374, 151, 162) Net loss/gain […]

Five-Questions-You-Need-to-Ask-Your-Listing-Agent-in-2014

Six Questions You Need to Ask Your Listing Agent in 2014

So you’re ready to list your property and jump into the Edmonton real estate market? Congratulations! Nothing is more exciting than making a change or heading down the road to selling a property. One of the most important steps you can make in this process is choosing the right listing agent as they can make […]