Engineered quartz countertops are a trendy choice for the style-savvy home renovator. It has all the benefits of a natural stone countertop with a few extra features that allow for creativity and versatility when it comes to style and design. Quartz countertops are durable, easy to clean and maintain and will add value to your home. Photo Credit: Pacific Stone Fabrication

Quartz countertops are versatile in style.

Engineered stone countertops are made from about 93% natural stone, usually quartz and sometimes marble, and about 7% resin to bind it together. Because this hard surface countertop is man-made, processors can add colours and patterns to the material. This gives homeowners the opportunity to choose from a wide range of colours, textures…

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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: 408 (407, 418, 442) # Sales: 227 (215, 250, 254) Ratio: 56% (53%, 60%, 57%) # Price Changes: 344 (376, 381, 429) # Expired/Off Market Listings: 217 (581, 231, 256) Net loss/gain in listings this week: -36 (-389, -63, -68) Active single family home listings: 3335 (3345, 3537, 3562) Active condo listings: 2488 (2488, 2654, 2662) Homes 4-week running average: $427k ($425k, $426k, $424k) Condos 4-week running average: $235k ($239k, $245k, $249k) I've included the inventory charts again this week, as the trend for inventory is headed more towards normal, but is still higher than previous years, so it's still 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: 407 (418, 442, 399) # Sales: 215 (250, 254, 241) Ratio: 53% (60%, 57%, 60%) # Price Changes: 376 (381, 429, 382) # Expired/Off Market Listings: 581 (231, 256, 234) Net loss/gain in listings this week: -389 (-63, -68, -76) Active single family home listings: 3345 (3537, 3562, 3602) Active condo listings: 2488 (2654, 2662, 2678) Homes 4-week running average: $425k ($426k, $424k, $423k) Condos 4-week running average: $239k ($245k, $249k, $250k) Have a great weekend! :)

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Today the REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area real estate market in October saying: “We continue to see stability in the all-residential average and median prices, and this stability has been primarily due to strong sales of single family homes, which are a staple of our marketplace,” explains James Mabey, Chair of the REALTORS® Association of Edmonton. Here is our snapshot on the market in October:

Preliminary Edmonton Report

Our preliminary report on the real estate market in Edmonton shows a moderate year over year increase in single-family home sales in October, which is a nice rebound after a lack-lustre September. We will update this report in a few days when the REALTORS®…

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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: 418 (442, 399, 536) # Sales: 250 (254, 241, 246) Ratio: 60% (57%, 60%, 46%) # Price Changes: 381 (429, 382, 469) # Expired/Off Market Listings: 231 (256, 234, 624) Net loss/gain in listings this week: -63 (-68, -76, -334) Active single family home listings: 3537 (3562, 3602, 3617) Active condo listings: 2654 (2662, 2678, 2711) Homes 4-week running average: $426k ($424k, $423k, $421k) Condos 4-week running average: $250k ($249k, $250k, $250k) Well, after a brief period of optimism, CHMC stepped up to the plate and took some wind out of our sails (or should I say "sales?") yesterday. There are growing concerns about…

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For the first time in a long time, I'm seeing a lot of positive headlines related to Edmonton, and Alberta as a whole, the economy and the real estate market. I don't know about you, but I kind of forgot what that's like! Here's what people are saying... A report released Monday by the Real Estate Investment Network named Edmonton the top spot to invest in Alberta, and one of the top 10 in Canada, saying Edmonton is poised to outperform the rest of the province for the next 5  years or so. Our stable economy, affordable housing, falling rent and rising vacancies indicate that Edmonton is in the middle of a slump, making it a good time to buy. “The fix-and-flippers, the HGTV-watching guys, it’s not the greatest market for them, because it’s a slower…

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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: 442 (399, 536, 465) # Sales: 254 (241, 246, 237) Ratio: 57% (60%, 46%, 51%) # Price Changes: 429 (382, 469, 478) # Expired/Off Market Listings: 256 (234, 624, 234) Net loss/gain in listings this week: -68 (-76, -334, -6) Active single family home listings: 3562 (3602, 3617, 3746) Active condo listings: 2662 (2678, 2711, 2897) Homes 4-week running average: $424k ($423k, $421k, $427k) Condos 4-week running average: $249k ($250k, $250k, $253k) A few big news items this week related to the real estate market in Edmonton:

  • Calgary and Edmonton are forecast to be the fastest growing census metropolitan areas (CMAs)…

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New Listings: 399 (536, 465, 524) # Sales: 241 (246, 237, 274) Ratio: 60% (46%, 51%, 52%) # Price Changes: 382 (469, 478, 519) # Expired/Off Market Listings: 234 (624, 234, 305) Net loss/gain in listings this week: -76 (-334, -6, -55) Active single family home listings: 3602 (3617, 3746, 3735) Active condo listings: 2678 (2711, 2897, 2888) Homes 4-week running average: $423k ($421k, $427k, $430k) Condos 4-week running average: $250k ($250k, $253k, $250k) Have a great weekend!

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A kitchen renovation will increase your personal enjoyment of the space and increase your home’s resale value. Kitchen renovations offer one of the best returns on investment compared to other home renovations. In fact, you can expect to recoup over 80.2% of your renovation costs at resale, according to Remodelling Magazine’s Cost vs. Value Report for 2017, and that is for a minor kitchen remodel. Photo Credit: Cooperrider Painting The biggest component of your kitchen renovation will be your kitchen cabinets. A full kitchen cabinet replacement can be very expensive, but you don’t have to spend that fortune for a freshly upgraded kitchen.

What is cabinet refinishing?

Cabinet refinishing is when you simply change the finish and/or colour of your…

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New Listings: 536 (465, 524, 573) # Sales: 246 (237, 274, 255) Ratio: 46% (51%, 52%, 45%) # Price Changes: 469 (478, 519, 512) # Expired/Off Market Listings: 624 (234, 305, 253) Net loss/gain in listings this week: -334 (-6, -55, 65) Active single family home listings: 3617 (3746, 3735, 3734) Active condo listings: 2711 (2897, 2888, 2922) Homes 4-week running average: $421k ($427k, $430k, $435k) Condos 4-week running average: $250k ($253k, $250k, $245k) The single family average price chart is starting to look a bit like the "Matterhorn." I'll be keeping an eye on inventory over the coming weeks and we'll see where things go. Have a great weekend!  

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