The Edmonton Real Estate Blog
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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 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 […]

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 […]

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 […]

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

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 […]

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, […]

Luxury Home Sales up 33% in Edmonton

Real Estate sales in Edmonton continued to follow the expected seasonal trend in August, once again at higher levels than we’ve seen for a number of years. With the census data for Edmonton released last week, it’s no surprise sales are ahead of previous years, as the population of Edmonton grew by 60,000 people in […]

6 Things You’ll Learn During Your Home Evaluation That Might Shock You

A home evaluation is often the first step towards putting your home on the market. However, this is also a step that is commonly put off for fear of getting bad news. A home evaluation is an integral part to the home selling process, and one that you can only procrastinate for so long. To […]

Five Ways Selling a Condo in Edmonton is Different from Selling a House

When it comes to the Edmonton real estate market, there are plenty of things to know, especially since it is constantly changing. The market for single family homes is always slightly different than the condo market, which keeps buyers and sellers constantly on their toes. If you have experience selling a detached house in Edmonton, […]

Record Number of Single Family Home Sales in Edmonton in June

As we expected, the market peaked in June this year; a new record was set in June for single family home sales in Edmonton. Thankfully the market in June was nothing like the market when the previous record was set (back in May of 2006) when you expected multiple offers on every home, and were […]

Beware of Condo Insurance Charge Backs; Protect Yourself

Nothing beats kicking up your heels onto your coffee table and having a cold drink after a long day in your own condo while you enjoy the scenic view. I mean, you’ve done your due diligence right? You had the place inspected professionally, had your condo documents reviewed by professionals, your lender had no issues […]

Quality Windows can Save you Money and add to the Enjoyment of your Home

One highly important aspect of a home that is often overlooked by home buyers is the windows. It is so easy to get distracted by things like granite counter tops, hardwood floors, stainless steel appliances, and paint colours, that buyers forget to look at the quality of windows in a home. Having quality windows can […]

Average Prices Reach All Time High in Greater Edmonton in May

It’s not just the Edmonton real estate market that’s hot, the whole region is in the midst of a growth spurt. According to a report released by the REALTORS® Association of Edmonton today, the areas surrounding Edmonton account for a large portion of the increase in sales overall.  “The most active regions are St. Albert and […]

Real Estate Market Red Hot in Edmonton in May

The real estate market was hot in Edmonton in May. Buyers (and their agents) had to move quickly if they were interested in a property, and many had to write offers on 3, 4 or more homes before getting one accepted. We noticed a lot of properties that had been sitting on the market for […]

CleanKitchen

The Pros of Renovating Your Loft Before You Sell in the Edmonton Market

Lofts in Edmonton are some of the most sought-after and unique pieces of property,and have the tendency – when marketed professionally – to sell rather quickly. If you’re the owner of a loft in Edmonton, and are preparing to sell your space, you might start thinking about a common question: Is it worth it to […]

Average Sale Price Reaches Record High in Greater Edmonton Area in April

It’s taken a long time for prices to rebound from the peak we saw in 2007, and unlike Calgary and Vancouver where prices have dramatically risen and fallen, we’ve seen a slow and steady rise over the past few years. A record number of people relocated to Alberta in 2013, and real estate sales in […]

CleanKitchen

4 Steps for a Successful Move Out Clean

The following is a guest post submitted by Scrubbi Home Cleaning Services.  As a house cleaning service we’ve done hundreds of Move Out cleans and have seen all kinds of mistakes that others have made before you. To help you avoid those same mistakes and make sure your Move Out clean stays a stress reducing […]

Sellers Market Grabs Hold in Edmonton

Market-o-meter I was looking at the market stats today, and I noticed things seem to have slowed down a bit. We’re almost half way through the month and sales of single family homes and condos are both less than half of the totals we reached for last month; we typically see increasing sales month over […]