The Edmonton Real Estate Blog
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Weekly Market Update, Dec. 19/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 190 (210, 225, 238) # Sales: 175 (172, 218, 216) Ratio: 92% (82%, 97%, 91%) # Price Changes: 116 (109, 137, 142) # Expired/Off Market Listings: 121 (114, 265, 118) Net loss/gain […]

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What does oil have to do with real estate prices in Edmonton?

You’ve heard it said many times, many ways (must be listening to too much Christmas music) that Oil has a lot to do with our economy, and now you hear many people saying Oil, Schmoil, we’re a construction town. We tend to be a bit more pragmatic in our view. Since I’m no expert on oil, […]

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 […]

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 […]

weekly-real-estate-update

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 […]

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

weekly-real-estate-update

Weekly Real Estate Market Update, Oct. 10/14

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 […]

weekly-real-estate-update

Weekly Real Estate Market Update, October 3/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 390 (373, 447, 452) # Sales: 259 (321, 349, 291) Ratio: 66% (86%, 78%, 64%) # Price Changes: 233 (247, 248, 280) # Expired/Off Market Listings: 374 (151, 162, 143) Net loss/gain […]

monthly-real-estate-report

Metro Edmonton Real Estate Market Anything but Mediocre

There is quite a debate underway about our national housing situation. While some economists call the market “mediocre at best” in most cities other than Toronto, Vancouver and Calgary, Edmonton seems to be flying under their radar (as it often does). Meanwhile Federal Finance Minister Joe Oliver is down playing fears of a housing bubble in Canada, […]