Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 643 (589, 493, 562)
Sales: 563 (513, 434, 509)
Ratio: 88% (87%, 88%, 91%)
Price Changes: 220 (239, 227, 243)
Expired/Off-Market Listings: 95 (209, 110, 125)
Net loss/gain in listings this week: -15 (-133, -51, -72)
Active single-family home listings: 1370 (1318, 1297, 1319)
Active condo listings: 1865 (1810, 1832, 1860)
Homes 4-week running average: $486 ($482, $471, $467)
Condos 4-week running average: $226 ($221, $219, $222)


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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 589 (493, 562, 490)
Sales: 513 (434, 509, 377)
Ratio: 87% (88%, 91%, 77%)
Price Changes: 239 (227, 243, 219)
Expired/Off-Market Listings: 209 (110, 125, 140)
Net loss/gain in listings this week: -133 (-51, -72, -27)
Active single-family home listings: 1318 (1297, 1319, 1293)
Active condo listings: 1810 (1832, 1860, 1807)
Homes 4-week running average: $482 ($471, $467, $459)
Condos 4-week running average: $221 ($219, $222, $225)



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The real estate market is on fire in Edmonton, with record sales and prices. While we saw record sales in the Edmonton area last year, we were nowhere near as hot as other markets in Canada, and we may be playing a bit of "catch up" now with sales up 85% over last February. In Calgary and Edmonton, there is less than a month's supply of single-family homes on the market. While some of the demand is due to interest rate increases (the Bank of Canada increased its policy rate by 25 basis points this morning with more increases expected this year) there are a number of other trends we are seeing that are affecting our real estate market.

Lower New Listings

Last year, listings took off in March to well above normal levels, which would typically be a…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 493 (562, 490, 480)
Sales: 434 (509, 377, 366)
Ratio: 88% (91%, 77%, 76%)
Price Changes: 227 (243, 219, 190)
Expired/Off-Market Listings: 110 (125, 140, 265)
Net loss/gain in listings this week: -51 (-72, -27, -151)
Active single-family home listings: 1297 (1319, 1293, 1401)
Active condo listings: 1832 (1860, 1807, 1769)
Homes 4-week running average: $471 ($467, $459, $447)
Condos 4-week running average: $219 ($222, $225, $220)

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 562 (490, 480, 371)
Sales: 509 (377, 366, 280)
Ratio: 91% (77%, 76%, 75%)
Price Changes: 243 (219, 190, 210)
Expired/Off-Market Listings: 125 (140, 265, 162)
Net loss/gain in listings this week: -72 (-27, -151, -71)
Active single-family home listings: 1319 (1293, 1401, 1488)
Active condo listings: 1860 (1807, 1769, 1791)
Homes 4-week running average: $467 ($459, $447, $442)
Condos 4-week running average: $222 ($225, $220, $223)

Wow! The market is busy!! Sales this week are at about the same level as the peak of the market last year. We have definitely seen an increase in out-of-province inquiries, from investors and people…

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 Before we dive into our round-up of Edmonton's best community leagues and homeowner associations, let's first break down what each of those is, as well as the cost and services included. 

A Homeowner Association or "HOA" is typical in Edmonton's "planned developments," and their fees are collected on top of property taxes to assist with maintaining and improving the amenities in a particular neighbourhood. Most neighbourhoods in Edmonton don't have HOA fees, but they are becoming more common as developers add facilities to communities that the city will not maintain through property taxes. 

Typically, HOA fees are small - around $100-$200 a year, but they can be higher depending on what is covered. HOA fees commonly cover things like…

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This week‘s Liv Cafe had an extra celebratory feeling as we acknowledged our Liv Agents for their incredible work and announced our 2021 Liv Award Winners. Please join us in congratulating all of our winners this year. 

First, what are our awards really about?

While sales awards are still the standard in our industry, we did away with our sales awards back in 2009 and started measuring our customers' satisfaction. Broker, Owner, Sheldon Johnston firmly believes, “You are what you measure. If you measure sales, you are a sales company, and if you measure customer satisfaction and focus on your client's satisfaction, you are a customer service company.” We pride ourselves on being a customer service-focused brokerage, so it only makes sense that we…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 490 (480, 371, 399)
Sales: 377 (366, 280, 242)
Ratio: 77% (76%, 75%, 61%)
Price Changes: 219 (190, 210, 170)
Expired/Off-Market Listings: 140 (265, 162, 172)
Net loss/gain in listings this week: -27 (-151, -71, -15)
Active single-family home listings: 1293 (1401, 1488, 1571)
Active condo listings: 1807 (1769, 1791, 1804)
Homes 4-week running average: $459 ($447, $442, $457)
Condos 4-week running average: $225 ($220, $223, $208)

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 480 (371, 399, 415)
Sales: 366 (280, 242, 212)
Ratio: 76% (75%, 61%, 51%)
Price Changes: 190 (210, 170, 185)
Expired/Off-Market Listings: 265 (162, 172, 154)
Net loss/gain in listings this week: -151 (-71, -15, 49)
Active single-family home listings: 1401 (1488, 1571, 1655)
Active condo listings: 1769 (1791, 1804, 1808)
Homes 4-week running average: $447 ($442, $457, $457)
Condos 4-week running average: $220 ($223, $208, $205)



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A record number of single-family homes were reported sold in January in Edmonton. 713 sales were reported, up 33% from last January and 10% from the previous record in 2007. Based on our weekly reports, I was expecting sales to be up compared to last year, but I wasn't expecting an increase of over 30%. Condo sales were up to the highest level seen since 2008; 267 condos were reported sold in Edmonton in January, up 45% from last year! If you missed it, be sure to check out our 2022 forecast to learn what is driving demand in Edmonton.

In the Greater Edmonton area,New listings and inventory were both down 10%, and sales were up 14%, leaving the absorption rate at 3.5 months which is significantly lower than we've seen in January for the past five…

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