Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 587 (557, 665, 457) # Sales: 210 (260, 238, 189) Ratio: 36% (47%, 36%, 41%) # Price Changes: 339 (285, 281, 206) # Expired/Off Market Listings: 173 (172, 364, 178) Net loss/gain in listings this week: 204 (125, 63, 90) Active single family home listings: 3097 (2949, 2860, 2778) Active condo listings: 2346 (2269, 2207, 2222) Homes 4-week running average: $425k ($429k, $438k, $444k) Condos 4-week running average: $238k ($239k, $237k, $235k) Have a great weekend!

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Have you noticed a drop in your home’s water pressure? While running multiple plumbing fixtures at the same time could cause you to lose some water pressure, a consistent and constant weakening of pressure could mean there is something wrong with your plumbing. Here are some common causes for low water pressure:

Clogged shower head.

If the water pressure seems weak in the shower, but okay in other parts of the home, it’s probably a problem with your showerhead. Check to see if there are mineral deposits built up on your showerhead and use a vinegar and water solution to clear the blockages. This should improve water flow. Learn how to clean a shower head.

Waterline valves shut off.

Sometimes water valves are accidentally shut off. If the home’s main…

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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: 557 (665, 457, 452) # Sales: 260 (238, 189, 206) Ratio: 47% (36%, 41%, 46%) # Price Changes: 285 (281, 206, 250) # Expired/Off Market Listings: 172 (364, 178, 145) Net loss/gain in listings this week: 125 (63, 90, 101) Active single family home listings: 2949 (2860, 2778, 2743) Active condo listings: 2269 (2207, 2222, 2145) Homes 4-week running average: $429k ($438k, $444k, $442k) Condos 4-week running average: $239k ($237k, $235k, $234k) Have a great weekend.

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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: 665 (457, 452, 511) # Sales: 238 (189, 206, 189) Ratio: 36% (41%, 46%, 37%) # Price Changes: 281 (206, 250, 197) # Expired/Off Market Listings: 364 (178, 145, 155) Net loss/gain in listings this week: 63 (90, 101, 167) Active single family home listings: 2860 (2778, 2743, 2688) Active condo listings: 2207 (2222, 2145, 2089) Homes 4-week running average: $438k ($444k, $442k, $456k) Condos 4-week running average: $237k ($235k, $234k, $225k) Quite a lively discussion on last week's post... I love the debate and the intelligent arguments that are brought up, and the constructive criticism, but the name calling, trolling, and…

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Here is our snapshot of the Greater Edmonton Area real estate market based on the monthly report released by The REALTORS® Association of Edmonton (Edmonton only comments and charts follow):  

Edmonton Stats

After a more active January, the real estate market cooled off a bit in Edmonton in February; single-family home sales were above average and condo sales were roughly average in January and sales in both categories (while up month over month) dropped to below average levels in February. 506 single family homes were reported sold in Edmonton in February, down 13% from last February. Condo sales were also down 13% from last February; 230 condos were reported sold in Edmonton. The average price of single-family homes sold in Edmonton…

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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: 457 (452, 511, 461) # Sales: 189 (206, 189, 177) Ratio: 41% (46%, 37%, 38%) # Price Changes: 206 (250, 197, 215) # Expired/Off Market Listings: 178 (145, 155, 393) Net loss/gain in listings this week: 90 (101, 167, -109) Active single family home listings: 2778 (2743, 2688, 2571) Active condo listings: 2222 (2145, 2089, 2003) Homes 4-week running average: $444k ($442k, $456k, $443k) Condos 4-week running average: $235k ($234k, $225k, $222k) Looks like sales will be lower than last February when the monthly totals are calculated next week, perhaps single-family home prices have already peaked for this year? That would be…

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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: 452 (511, 461, 459) # Sales: 206 (189, 177, 174) Ratio: 46% (37%, 38%, 38%) # Price Changes: 250 (197, 215, 212) # Expired/Off Market Listings: 145 (155, 393, 163) Net loss/gain in listings this week: 101 (167, -109, 122) Active single family home listings: 2743 (2688, 2571, 2632) Active condo listings: 2145 (2089, 2003, 2042) Homes 4-week running average: $442k ($456k, $443k, $429k) Condos 4-week running average: $234k ($225k, $222k, $226k) Well if this article doesn't prove real estate markets are local, I don't know what does: "Canadian home sales, listings slump in January with arrival of new mortgage rules." In…

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Solar rebates have arrived!  On June 21, 2017, the Government of Alberta officially opened the rebate program to homes and businesses in Alberta.

Alberta Residential and Commercial Solar Program

Energy Efficiency Alberta, a third-party organization, has been designated to distribute multiple rebate programs, including the Residential and Commercial Solar Program and other rebates to help you save money on Energy Efficiency upgrades. The solar rebate is funded by a $36 million-dollar pool generated from carbon tax revenues. The rebate is allocated on a first-come, first-serve basis subject to your time of application.

Funding

The residential rebate provides $0.75/W up to $10,000 or 30% of eligible system costs. The commercial rebate provides $0.75/W…

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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: 511 (461, 459, 474) # Sales: 189 (177, 174, 179) Ratio: 37% (38%, 38%, 38%) # Price Changes: 197 (215, 212, 257) # Expired/Off Market Listings: 155 (393, 163, 187) Net loss/gain in listings this week: 167 (-109, 122, 108) Active single family home listings: 2688 (2571, 2632, 2562) Active condo listings: 2089 (2003, 2042, 1987) Homes 4-week running average: $456k ($443k, $429k, $426k) Condos 4-week running average: $225k ($222k, $226k, $222k) There have been 16 sales of single-family homes over $1million in the past 30 days, which explains at least in part, the drastic increase in the average price this week.

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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: 461 (459, 474, 458) # Sales: 177 (174, 179, 133) Ratio: 38% (38%, 38%, 29%) # Price Changes: 215 (212, 257, 196) # Expired/Off Market Listings: 393 (163, 187, 225) Net loss/gain in listings this week: -109 (122, 108, 100) Active single family home listings: 2571 (2632, 2562, 2491) Active condo listings: 2003 (2042, 1987, 1946) Homes 4-week running average: $443k ($429k, $426k, $406k) Condos 4-week running average: $222k ($226k, $222k, $227k) Have a great weekend!

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