Weekly Market Update Jan. 22/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 433 (437, 360, 101) # Sales: 188 (213, 161, 102) Ratio: 43% (49%, 45%, 101%) # Price Changes: 190 (170, 54, 95) Expired/Off-Market Listings: 176 (143, 530, 511) Net loss/gain in listings […]

What to do When you Have a Bad Home Inspection Result

Buyers almost always include a home inspection condition when they make an offer on a house. The purpose of a home inspection is for the buyer to have a clear picture of what they’re buying, so they are aware of the home’s condition and get a good idea of what expenses they will face for […]

Weekly Market Update, Jan. 15/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 437 (360, 101, 178) # Sales: 213 (161, 102, 204) Ratio: 49% (45%, 101%, 115%) # Price Changes: 170 (154, 95, 84) Expired/Off-Market Listings: 143 (530, 511, 189) Net loss/gain in listings […]

2021 REALTORS® Housing Forecast Seminar Live with Sara MacLennan

Good morning! The REALTORS® Forecast is back and I’m liveblogging the event. Things moved really quickly so I’ve edited the disaster I created during the event. The forecast takes place every year and features guest speakers who give forecasts on the local, national and global economy. There always seems to be a blizzard during the […]

Weekly Update, Jan. 8/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 360 (101, 178, 220) # Sales: 161 (102, 204, 186) Ratio: 45% (101%, 115%, 85%) # Price Changes: 154 (95, 84, 135) Expired/Off-Market Listings: 530 (511, 189, 208) Net loss/gain in listings […]

Consumers Choice Award Winners 2021

Consumer Choice Award results are in! Much like everything else, they looked a little bit different this year without the gala. While we missed celebrating with our team, we are honoured to receive the Consumer Choice Award for Real Estate Broker Residential in Edmonton and Northern Alberta Area for the 2nd year in a row. […]

Greater Edmonton Area Real Estate Market Finishes the Year Strong!

The real estate market finished out the year strong with the most sales we’ve seen in the Greater Edmonton Area (GEA) in December since 2007. After a rocky start, total sales in 2020 finished 3% ahead of 2019, with single-family homes in the communities outside of Edmonton – particularly St. Albert and Sherwood Park – […]

Weekly Market Update, Jan. 1/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 101 (178, 220, 301) # Sales: 102 (204, 186, 188) Ratio: 101% (115%, 85%, 62%) # Price Changes: 95 (84, 135, 185) Expired/Off-Market Listings: 511 (189, 208, 193) Net loss/gain in listings […]

Edmonton Real Estate Market Update, Dec. 25/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 178 (220, 301, 322) # Sales: 204 (186, 188, 252) Ratio: 115% (85%, 62%, 78%) # Price Changes: 84 (135, 185, 223) Expired/Off-Market Listings: 189 (208, 193, 482) Net loss/gain in listings […]

Weekly Market Update, December, 18/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 220 (301, 322, 313) # Sales: 186 (188, 252, 232) Ratio: 85% (62%, 78%, 74%) # Price Changes: 135 (185, 223, 240) Expired/Off-Market Listings: 208 (193, 482, 172) Net loss/gain in listings […]

Weekly Market Update, December, 11/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 301 (322, 313, 320) # Sales: 188 (252, 232, 248) Ratio: 62% (78%, 74%, 78%) # Price Changes: 185 (223, 240, 280) Expired/Off-Market Listings: 193 (482, 172, 190) Net loss/gain in listings […]

Busier Than Normal Market in the Greater Edmonton Area

For the 5th month in a row, sales were well ahead of normal levels (well above the past 10 years) in the Greater Edmonton Area (GEA). Sales were up 27% over last year in November. Year to date sales are now 1.5% ahead of last year. I was a little concerned that new listings would […]

Weekly Market Update, December, 4/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 322 (313, 320, 377) # Sales: 252 (232, 248, 246) Ratio: 78% (74%, 78%, 65%) # Price Changes: 223 (240, 280, 257) Expired/Off-Market Listings: 482 (172, 190, 192) Net loss/gain in listings […]

Weekly Market Update, November, 27/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 313 (320, 377, 442) # Sales: 232 (248, 246, 249) Ratio: 74% (78%, 65%, 56%) # Price Changes: 240 (280, 257, 340) Expired/Off-Market Listings: 172 (190, 192, 451) Net loss/gain in listings […]

Weekly Market Update, November, 20/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 320 (377, 442, 447) # Sales: 248 (246, 249, 255) Ratio: 78% (65%, 56%, 57%) # Price Changes: 280 (257, 340, 367) Expired/Off-Market Listings: 190 (192, 451, 226) Net loss/gain in listings […]

Weekly Market Update, November, 13/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 377 (442, 447, 464) # Sales: 246 (249, 255, 300) Ratio: 65% (56%, 57%, 65%) # Price Changes: 257 (340, 367, 393) Expired/Off-Market Listings: 192 (451, 226, 218) Net loss/gain in listings […]

Weekly Market Update, November, 6/20

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 (447, 464, 428) # Sales: 249 (255, 300, 247) Ratio: 56% (57%, 65%, 58%) # Price Changes: 340 (367, 393, 314) Expired/Off-Market Listings: 451 (226, 218, 206) Net loss/gain in listings […]

Edmonton Real Estate Sales up 25% in October – UPDATED

The real estate market is looking more normal this fall, after a very busy summer. We’re seeing more listings come on the market, and buyers now have the benefit of extremely low mortgage rates and more listings to choose from. New listings are well above normal levels for this time of year (13% up from […]

Weekly Market Update, October, 30/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 447 (464, 428, 565) # Sales: 255 (300, 247, 279) Ratio: 57% (65%, 58%, 49%) # Price Changes: 367 (393, 314, 387) Expired/Off-Market Listings: 226 (218, 206, 244) Net loss/gain in listings […]

Weekly Market Update, October, 23/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 464 (428, 565, 459) # Sales: 300 (247, 279, 338) Ratio: 65% (58%, 49%, 74%) # Price Changes: 393 (314, 387, 400) Expired/Off-Market Listings: 218 (206, 244, 510) Net loss/gain in listings […]