The Edmonton Real Estate Blog
Edmonton-real-estate-report

Real Estate Sales Just Average While Prices Continue to Rise in Edmonton

With the provincial election looming, there is certainly some uncertainty about the future of our province. So far this year the real estate market has been downright average in terms of sales, but well behind last year’s peak. Sales of single family homes remained right around the average level for this time of year. 853 homes […]

weekly-real-estate-update

Weekly Market Update, May 1/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 539 (608, 653, 600) # Sales: 345 (334, 292, 248) Ratio: 64% (55%, 45%, 41%) # Price Changes: 349 (330, 371, 287) # Expired/Off Market Listings: 284 (135, 214, 130) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, April 24/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 608 (653, 600, 566) # Sales: 334 (292, 248, 288) Ratio: 55% (45%, 41%, 51%) # Price Changes: 330 (371, 287, 286) # Expired/Off Market Listings: 135 (214, 130, 227) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, April 17/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 653 (600, 566, 507) # Sales: 292 (248, 288, 300) Ratio: 45% (41%, 51%, 59%) # Price Changes: 371 (287, 286, 274) # Expired/Off Market Listings: 214 (130, 227, 98) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, April 10/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 600 (566, 507, 566) # Sales: 248 (288, 300, 284) Ratio: 41% (51%, 59%, 50%) # Price Changes: 287 (286, 274, 274) # Expired/Off Market Listings: 130 (227, 98, 109) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, April 3/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings:  566 (507, 566, 594) # Sales: 288 (300, 284, 237) Ratio: 51% (59%, 50%, 40%) # Price Changes: 286 (274, 274, 232) # Expired/Off Market Listings: 227 (98, 109, 99) Net loss/gain […]

monthly-real-estate-report

Prices Still on the Rise in Greater Edmonton Area in March

The REALTORS® Association of Edmonton has released their monthly report on the real estate market in the Greater Edmonton area. “The fact that our prices did not have the dramatic increases seen over the past few years in other cities like Calgary, Toronto and Vancouver means we have not experienced the same overvaluation.” REALTORS® Association […]

Edmonton-real-estate-report

Edmonton Real Estate Market Surprisingly Above Average in March

ATB Financial officially adjusted their forecast for Alberta for 2015 yesterday, saying the continuing slump in oil prices means Alberta will see real GDP growth of only 0.8% this year. They expect further volatility in oil prices and further stress in the job market in the second quarter and fewer people to move to Alberta. […]

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Weekly Market Update, March 27/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings:  507 (566, 594, 555) # Sales: 300 (284, 237, 239) Ratio: 59% (50%, 40%, 43%) # Price Changes: 274 (274, 232, 225) # Expired/Off Market Listings: 98 (109, 99, 215) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, March 20, 2015

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings:  566 (594, 555, 409) # Sales: 284 (237, 239, 227) Ratio: 50% (40%, 43%, 56%) # Price Changes: 274 (232, 225, 220) # Expired/Off Market Listings: 109 (99, 215, 94) Net loss/gain […]

weekly-market-update

Weekly Market Update, March 13, 2015

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings:  594 (555, 409, 433) # Sales: 237 (239, 227, 184) Ratio: 40% (43%, 56%, 42%) # Price Changes: 232 (225, 220, 174) # Expired/Off Market Listings: 99 (215, 94, 103) Net loss/gain […]

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Weekly Market Update, March 6/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 555 (409, 433, 476) # Sales: 239 (227, 184, 193) Ratio: 43% (56%, 42%, 41%) # Price Changes: 225 (220, 174, 204) # Expired/Off Market Listings: 215 (94, 103, 92) Net loss/gain […]

Edmonton-real-estate-report

Edmonton Real Estate Market Outperforms Surrounding Communities in February

  The REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area (GEA) real estate market today, showing a slight increase in the overall average residential sale price even though sales are on the decline compared to a year previous. Our preliminary report for Edmonton only, showed the market was downright average. However, […]

Edmonton-real-estate-report

The Real Estate Market is Better Than You Think

The implications of tanking oil prices seem to be the only thing we’ve heard around here for months. “Slumping Sales,” “Housing Markets Hammered” and “Sales will Plunge” are just a few local headlines from the past week.  Well, when you really take a look at the numbers, instead of just a couple of year over […]

weekly-market-update

Weekly Market Update, Feb 27/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 409 (433, 476, 573) # Sales: 227 (184, 193, 164) Ratio: 56% (42%, 41%, 29%) # Price Changes: 220 (174, 204, 195) # Expired/Off Market Listings: 94 (103, 92, 232) Net loss/gain […]

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Weekly Market Update, Feb 20/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 433 (476, 573, 447) # Sales: 184 (193, 164, 153) Ratio: 42% (41%, 29%, 34%) # Price Changes: 174 (204, 195, 181) # Expired/Off Market Listings: 103 (92, 232, 77) Net loss/gain […]

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Weekly Market Update, Feb 13/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 476 (573, 447, 487) # Sales:  193 (164, 153, 137) Ratio: 41% (29%, 34%, 28%) # Price Changes: 204 (195, 181, 166) # Expired/Off Market Listings:  92 (232, 77, 85) Net loss/gain […]

weekly-real-estate-update

Weekly Market Update, Feb. 6/15

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 573 (447, 487, 438) # Sales: 164 (153, 137, 111) Ratio: 29% (34%, 28%, 25%) # Price Changes: 195 (181, 166, 134) # Expired/Off Market Listings: 232 (77, 85, 115) Net loss/gain […]

monthly-real-estate-report

Edmonton Real Estate Market Poised for Correction

Well, there’s certainly been lots of media interest in the real estate market lately, that means I have lots of quotes and opinions on the market to share in this month’s report. As we’ve been expecting, inventory is up and sales are down, in a pretty big way in the Greater Edmonton Area (GEA), but how […]

Edmonton-real-estate-report

Edmonton Real Estate Market off to a Slow Start in 2015

My preliminary look at the real estate market for January 2015 shows things are getting off to a pretty slow start, at least when it comes to sales. 349 single family homes sold in Edmonton in January, down 21% from the same time last year; it’s the fewest sales we’ve seen in the month of January […]