Weekly Market Update Sept.10/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 570 (542, 548, 652) # Sales: 279 (341, 335, 343) Ratio: 49% (63%, 61%, 53%) # Price Changes: 440 (446, 432, 367) Expired/Off-Market Listings: 238 (566, 236, 277) Net loss/gain in listings […]

Weekly Market Update Sept.3/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 542 (548, 652, 630) # Sales: 341 (335, 343, 344) Ratio: 63% (61%, 53%, 55%) # Price Changes: 446 (432, 367, 446) Expired/Off-Market Listings: 566 (236, 277, 230) Net loss/gain in listings […]

Real Estate Sales Remain Strong in August in Edmonton – UPDATED

Both listings and sales remain above normal levels in the Greater Edmonton Area, which kept the inventory in the normal range (although slightly up from last year). Things shifted closer to balance but we’re still hanging on to a seller’s market with just under four months of supply (3.74 months to be exact). The benchmark […]

Weekly Market Update Aug.27/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 548 (652, 630, 564) # Sales: 335 (343, 344, 317) Ratio: 61% (53%, 55%, 56%) # Price Changes: 432 (367, 446, 446) Expired/Off-Market Listings: 236 (277, 230, 470) Net loss/gain in listings […]

Weekly Market Update Aug. 20/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 652 (630, 564, 564) # Sales: 343 (344, 317, 365) Ratio: 53% (55%, 56%, 65%) # Price Changes: 367 (446, 446, 471) Expired/Off-Market Listings: 277 (230, 470, 221) Net loss/gain in listings […]

Weekly Market Update Aug. 13/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 630 (564, 564, 540) # Sales: 344 (317, 365, 373) Ratio: 55% (56%, 65%, 69%) # Price Changes: 446 (446, 471, 451) Expired/Off-Market Listings: 230 (470, 221, 232) Net loss/gain in listings […]

Weekly Market Update Aug. 6/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 564 (564, 540, 662) # Sales: 317 (365, 373, 352) Ratio: 56% (65%, 69%, 53%) # Price Changes: 446 (471, 451, 468) Expired/Off-Market Listings: 470 (221, 232, 240) Net loss/gain in listings […]

Edmonton Real Estate Market Cools During a Hot July – UPDATED

During one of the hottest months Edmonton has ever seen, the real estate market certainly cooled off in July. While it’s normal for sales to drop from June to July, a 19% drop is bigger than normal, however, we did come down from an all-time high and sales were up 2% from last July. The […]

Weekly Update Jul. 30/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 564 (540, 662, 679) # Sales: 365 (373, 352, 433) Ratio: 65% (69%, 53%, 64%) # Price Changes: 471 (451, 468, 484) Expired/Off-Market Listings: 221 (232, 240, 223) Net loss/gain in listings […]

Weekly Update Jul.23/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 540 (662, 679, 627) # Sales: 373 (352, 433, 376) Ratio: 69% (53%, 64%, 60%) # Price Changes: 451 (468, 484, 443) Expired/Off-Market Listings: 232 (240, 223, 380) Net loss/gain in listings […]

Weekly Market Update Jul.16/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 662 (679, 627, 672) # Sales: 352 (433, 376, 408) Ratio: 53% (64%, 60%, 61%) # Price Changes: 468 (484, 443, 445) Expired/Off-Market Listings: 240 (223, 380, 211) Net loss/gain in listings […]

Weekly Market Update Jul.9/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 679 (627, 672, 771) # Sales: 433 (376, 408, 492) Ratio: 64% (60%, 61%, 64%) # Price Changes: 484 (443, 445, 470) Expired/Off-Market Listings: 223 (380, 211, 186) Net loss/gain in listings […]

Weekly Market Update Jul.2/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 627 (672, 771, 824) # Sales: 376 (408, 492, 502) Ratio: 60% (61%, 64%, 61%) # Price Changes: 443 (445, 470, 457) Expired/Off-Market Listings: 380 (211, 186, 198) Net loss/gain in listings […]

New Record High Price for Single Family Homes in Edmonton in June – UPDATED

The average price of single-family homes sold in Edmonton reached a new all-time high in June – $473,876, up 15% from last June! The median sale price also reached a record high – a 12% year-over-year increase at $418,000. Luxury sales were well above normal levels with a home selling for $5million, another for $3.15million […]

Weekly Market Update Jun. 25/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 672 (771, 824, 833) # Sales: 408 (492, 502, 439) Ratio: 61% (64%, 61%, 53%) # Price Changes: 445 (470, 457, 493) Expired/Off-Market Listings: 211 (186, 198, 376) Net loss/gain in listings […]

Weekly Market Update Jun. 18/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 771 (824, 833, 698) # Sales: 492 (502, 439, 459) Ratio: 64% (61%, 53%, 66%) # Price Changes: 470 (457, 493, 404) Expired/Off-Market Listings: 186 (198, 376, 164) Net loss/gain in listings […]

Weekly Market Update Jun. 11/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 824 (833, 698, 741) # Sales: 502 (439, 459, 462) Ratio: 61% (53%, 66%, 62%) # Price Changes: 457 (493, 404, 458) Expired/Off-Market Listings: 198 (376, 164, 179) Net loss/gain in listings […]

Weekly Market Update June 4/21

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 833 (698, 741, 773) # Sales: 439 (459, 462, 478) Ratio: 53% (66%, 62%, 62%) # Price Changes: 493 (404, 458, 383) Expired/Off-Market Listings: 376 (164, 179, 171) Net loss/gain in listings […]

Real Estate Prices Reach New High in Greater Edmonton Area – UPDATED

The average price for residential real estate hit a new high in the Greater Edmonton Area (GEA) in May – $401,390, up 23% over the last year and the median price was up 8% to $375,000. Admittedly, averages can be very misleading, which is why the benchmark price is a much better indicator of what’s […]

Actual Costs of Buying a Home Across Canada

A friend of mine recently moved to a Vancouver suburb and I was shocked to hear how much it really costs to buy a home there. I think everyone has an idea how expensive homes are in and around Vancouver and Toronto right now, but many people aren’t aware of the additional closing costs buyers […]