Before I get to the stats for August I do want to discuss a couple of reports that were released this week. The first by a "centre-left" think tank about the Canadian housing market. The report called "Canada’s Housing Bubble – An Accident Waiting to Happen" suggests that at least 6 of Canada’s major markets [...]
Bubble or no bubble? Two research groups sound off… Plus Edmonton Market Stats for August
by Sara MacLennan on 01. Sep, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate, Monthly Stats
Edmonton Real Estate Sales Continue to Decline in June
by Sara MacLennan on 01. Jul, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate, Monthly Stats
Edmonton residential real estate sales went from record highs last June, to record lows this June. Only 699 single family homes sold in Edmonton in June compared to 1092 last June. Sales of single family homes have stayed right in line with 2008 levels, as we’ve been predicting all year:
Condos followed a similar pattern, well [...]
New Home Construction Finally Slows in Edmonton
by Sara MacLennan on 30. Jun, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate
After months of gains new home builders in the greater Edmonton area finally slowed down in May. Starts are still way up over the last few years, but decreased from June:
Edmonton New Home Starts May 2010
The Housing Now Report released today by CMHC shows a decrease in multi-family starts this month as well. It will [...]
Get Ready for the Headlines
by Sheldon Johnston on 17. Jun, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate
Earlier this year the media and real estate associations reported confidently that sales were significantly higher than 2009. Wait a minute, wasn’t the first quarter of 2009 precipated by the plunge of the financial markets in the last quarter of 2008? When we saw those reports we tried to cool some jets and explain that [...]
Edmonton Vacancy Rates on the Rise
by Sara MacLennan on 15. Jun, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate
CMHC (Canada Mortgage and Housing Corporation) released their semi-annual rental market report today showing that vacancy rates have risen (no surprise there). Highlights from the report:
Average vacancy rate for all urban centres in Alberta increased from 4.6% in April 2009 to 6% in April 2010
The highest vacancy [...]
Investing in your kid’s real estate
by Sheldon Johnston and Sara MacLennan on 17. May, 2010 in Investing in Alberta Real Estate, Tips for Home Buyers
It’s that time of year again, when parents start looking for homes for their children to live in while attending a college or university in the Edmonton area. TD Canada Trust recently released a report showing that 10% of Canadian parents would consider buying a condo for their adult children, and our experience shows [...]
The Dreaded Stampede
by Sheldon Johnston and Sara MacLennan on 12. May, 2010 in Investing in Alberta Real Estate
Every time there is a real estate seminar in town things go nuts around here. Investors crawl out of the wood work like a smashed ant hill. The mortgage brokers go nuts with applications from would be future Gazillionaires. We get inundated with calls and emails: "can I get 100% financing on that?" or, [...]
Edmonton Home Builders Ramp Up Production Again
by Sheldon Johnston and Sara MacLennan on 10. May, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate
CMHC released their housing starts report today showing that Edmonton home builders are very busy once again… There were 1047 starts in April compared with 355 last April. After four months Edmonton builders have started 3439 units compared to 1116 last year. Construction started on three times as many single family homes (620) in [...]
Canadians Paying off Mortgages Quickly
by Sheldon Johnston and Sara MacLennan on 26. Apr, 2010 in Canadian Real Estate, Investing in Alberta Real Estate
A new study by Canada Mortgage and Housing Corporation (CMHC) shows that Canadians are well informed about mortgage options and intend to pay down their mortgages quickly. A recent survey polled 2500 active mortgage users in Canada and turned up some interesting results:
89% looked online for mortgage info
84% researched mortgage terms and conditions before [...]
First Quarter Report will be sent to subscribers on Monday April 19
by Sheldon Johnston and Sara MacLennan on 18. Apr, 2010 in Edmonton Real Estate Market, Investing in Alberta Real Estate
We'll be sending out our First Quarter Report to subscribers tomorrow (Monday April 19) at 1pm. If you'd like a free copy subscribe before we send it out! The report is a close look at what is happening in the Edmonton real estate market, comparing the first quarter of 2010 to past year with charts [...]
Quick MLS® Search
-
Edmonton Home Sellers Stand Their Ground
03. Oct, 2007
-
Market Value – Just How Much is That Home Worth?
18. Dec, 2007
-
Prices Catch up to the Market
04. Dec, 2007
-
Weekly Update on the Edmonton Real Estate Market
11. Apr, 2008
-
Edmonton Real Estate Market Sleepy in August
02. Sep, 2010
-
Bubble or no bubble? Two research groups sound off… Plus Edmonton Market Stats for August
01. Sep, 2010
-
A Beautiful Day in Edmonton
30. Aug, 2010
-
Edmonton Real Estate Market Weekly Update – Aug. 27, 2010
27. Aug, 2010
Categories
Archives
REAL ESTATE LINKS
Blogs we like
First Foundation serves home buyers and home owners with a great selection of mortgage products, fantastic interest rates, and friendly service.
Whether you're buying your first home, consolidating your debts to save money, investing in real estate, or making your mortgage tax deductible, First Foundation has a great mortgage option for you.
About Us
The Edmonton Real Estate Blog is published by Coldwell Banker Johnston real estate.
The authors, Sara MacLennan and Sheldon Johnston are both licensed real estate associates in the province of Alberta.
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.
Top Commentators This Month
We appreciate your comments!- DaBull
- Average Joe
- DancesWithLysol
- Harlie
- Mike
- Ron S
- steven
- Tim
- A Mc
- bigus
OUR SITES
Search like a pro at EdmontonRealEstate.pro MLS® searches by map, MLS®# & more!
Our Edmonton Real Estate home page with our listings and more
Sell My Edmonton Home
- a guide to selling your home including free online home evaluations.
Edmonton real estate careers – learn all about working with us at
Join Team Johnston
Leduc Townhomes for Sale

Deer Valley Gardens
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.











