March Market Report

And we were off to such a good start… alas, it was not to be. The question on my, and many people’s minds, is what is COVID-19 going to do to the real estate market? Obviously, the short term impact can already be seen – when the spring market is normally heating up, two weeks […]

Weekly Market Update, Mar. 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: 329 (460, 642, 635) # Sales: 188 (213, 199, 203) Ratio: 57% (46%, 31%, 32%) # Price Changes:  224 (229, 310, 266) Expired/Off-Market Listings: 161 (187, 175, 337) Net loss/gain in listings […]

Should you Buy or Sell a Home During the COVID-19 Pandemic?

We are here to help our clients in any way that we can, but we do want to let you know there is good reason to hold off buying to selling real estate right now unless you absolutely need to. I can certainly understand feeling the need to buy or sell real estate right now […]

Weekly Market Update, Mar. 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: 460 (642, 635, 458) # Sales: 213 (199, 203, 216) Ratio: 46% (31%, 32%, 47%) # Price Changes:  229 (310, 266, 251) Expired/Off-Market Listings: 187 (175, 337, 156) Net loss/gain in listings […]

Weekly Market Update, Feb.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: 642 (635, 458, 432) # Sales: 199 (203, 216, 197) Ratio: 31% (32%, 47%, 46%) # Price Changes:  310 (266, 251, 236) Expired/Off-Market Listings: 175 (337, 156, 145) Net loss/gain in listings […]

Weekly Market Update, March 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: 635 (458, 432, 464) # Sales: 203 (216, 197, 190) Ratio: 32% (47%, 46%, 41%) # Price Changes:  266 (251, 236, 230) Expired/Off-Market Listings: 337 (156, 145, 135) Net loss/gain in listings […]

February Market Report – UPDATED

Once again demand for real estate is up and supply is down on a year over year basis in the greater Edmonton area. But, before we start to see home prices increase, we will need to see improvement on the employment side of things, according to Senior market analyst at CMHC Heather Bowyer: “Overall we’re […]

Weekly Market Update, February 28/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 458 (432, 464, 513) # Sales: 216 (197, 190, 150) Ratio: 47% (46%, 41%, 29%) # Price Changes:  251 (236, 230, 217) Expired/Off-Market Listings: 156 (145, 135, 350) Net loss/gain in listings […]

Weekly Market Update, February 21/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 432 (464, 513, 403) # Sales: 197 (190, 150, 155) Ratio: 46% (41%, 29%, 38%) # Price Changes:  236 (230, 217, 225) Expired/Off-Market Listings: 145 (135, 350, 208) Net loss/gain in listings […]

Weekly Market Update, February 14/20

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 (513, 403, 355) # Sales: 190 (150, 155, 153) Ratio: 41% (29%, 38%, 43%) # Price Changes:  230 (217, 225, 200) Expired/Off-Market Listings: 135 (350, 208, 159) Net loss/gain in listings […]

Awards Season – Recognizing Customer Service Excellence

Awards season is not just for celebrities, real estate agents receive awards at this time of year as well. In the industry, agents are typically given awards for selling a lot of real estate, which in our minds, does not necessarily equate to being a great real estate agent. We know that our clients want […]

Weekly Market Update, February 7/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 513 (403, 355, 353) # Sales: 150 (155, 153, 124) Ratio: 29% (38%, 43%, 35%) # Price Changes:  217 (225, 200, 177) Expired/Off-Market Listings: 350 (208, 159, 206) Net loss/gain in listings […]

January Market Report – UPDATED

Supply is down, demand is up compared to last year – will this trend continue? If it does, we should start to see prices moving upward. A few interesting reports came out this month, first, the federal first time home buyers incentive has been declared a “flop” by Sherry Cooper, chief economist at Dominion Lending […]

Weekly Market Update, January 31/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 403 (355, 353, 433) # Sales: 155 (153, 124, 109) Ratio: 38% (43%, 35%, 25%) # Price Changes:  225 (200, 177, 211) Expired/Off-Market Listings: 208 (159, 206, 180) Net loss/gain in listings […]

Weekly Market Update, January 24/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 355 (353, 433, 182) # Sales: 153 (124, 109, 110) Ratio: 43% (35%, 25%, 60%) # Price Changes:  200 (177, 211, 152) Expired/Off-Market Listings: 159 (206, 180, 660) Net loss/gain in listings […]

Weekly Market Update, January 17/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 353 (433, 182, 123) # Sales: 124 (109, 110, 105) Ratio: 35% (25%, 60%, 85%) # Price Changes:  177 (211, 152, 71) Expired/Off-Market Listings: 206 (180, 660, 171) Net loss/gain in listings […]

Weekly Market Update, January 10/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 433 (182, 123, 243) # Sales: 109 (110, 105, 149) Ratio: 25% (60%, 85%, 61%) # Price Changes:  211 (152, 71, 153) Expired/Off-Market Listings: 180 (660, 171, 260) Net loss/gain in listings […]

Weekly Market Update, January 3/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 182 (123, 243, 300) # Sales: 110 (105, 149, 185) Ratio: 60% (85%, 61%, 62%) # Price Changes:  152 (71, 153, 208) Expired/Off-Market Listings: 660 (171, 260, 250) Net loss/gain in listings […]

December Market Update

Here’s our initial look at the real estate market in Edmonton in December – I will update this post after the REALTORS® Association of Edmonton releases their monthly report on the market. Single-family home sales ended out the year like they normally do in December – 402 homes were reported sold in December, up 7% […]

Weekly Real Estate Market Update, Dec. 27/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 123 (243, 300, 328) # Sales: 105 (149, 185, 144) Ratio: 85% (61%, 62%, 44%) # Price Changes:  71 (153, 208, 231) Expired/Off-Market Listings: 171 (260, 250, 470) Net loss/gain in listings […]