Weekly Update, May 8/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 536 (378, 304, 254) # Sales: 141 (157, 107, 120) Ratio: 26% (42%, 35%, 47%) # Price Changes:  242 (230, 190, 181) Expired/Off-Market Listings: 419 (386, 146, 171) Net loss/gain in listings […]

COVID-19 Takes a Bite Out of the Real Estate Market in April – UPDATED

We don’t often see sales decline in April compared to March, and I don’t think we’ve ever seen them drop to back down to December/January levels, but that’s what COVID-19 has done to the real estate market in Edmonton. Perhaps some are surprised to see any homes sold at all; we and many in the […]

Weekly Update, May 1/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 378 (304, 254, 358) # Sales: 157 (107, 120, 111) Ratio: 42% (35%, 47%, 31%) # Price Changes:  230 (190, 181, 189) Expired/Off-Market Listings: 386 (146, 171, 195) Net loss/gain in listings […]

COVID-19 FAQ’s for Real Estate

Do you have questions about buying and selling real estate during COVID-19? We’re certainly getting a lot of questions from clients and friends, not to mention colleagues across North America. Whether you’re thinking about buying or selling a home in the near future, or you’re just curious about what it’s like for real estate agents […]

Weekly Update, April 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: 304 (254, 358, 334) # Sales: 107 (120, 111, 144) Ratio: 35% (47%, 31%, 43%) # Price Changes:  190 (181, 189, 185) Expired/Off-Market Listings: 146 (171, 195, 395) Net loss/gain in listings […]

Weekly Update, April 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: 254 (358, 334, 329) # Sales: 120 (111, 144, 188) Ratio: 47% (31%, 43%, 57%) # Price Changes:  181 (189, 185, 224) Expired/Off-Market Listings: 171 (195, 395, 161) Net loss/gain in listings […]

Weekly Update, April 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: 358 (334, 329, 460) # Sales: 111 (144, 188, 213) Ratio: 31% (43%, 57%, 46%) # Price Changes:  189 (185, 224, 229) Expired/Off-Market Listings: 195 (395, 161, 187) Net loss/gain in listings […]

Weekly Market Update, April 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: 334 (329, 460, 642) # Sales: 144 (188, 213, 199) Ratio: 43% (57%, 46%, 31%) # Price Changes:  185 (224, 229, 310) Expired/Off-Market Listings: 395 (161, 187, 175) Net loss/gain in listings […]

March Market Report – UPDATED

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? – UPDATED

April 29 updates in green. When I first wrote this article, we had been socially isolating for just over a week. No one knew what it was going to be like, or how long it would last. While we still don’t know the answer to how long this will last, we have a pretty good […]

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, 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 […]

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 […]