CENTURY 21 Canada Fall 2006 House Price Survey

Another real estate franchise with another survey. There is some interesting information in this survey, in that they don’t compare the average prices for an entire city, to other cities in Canada. They’ve defined what a typical home is for each city, and compared how the prices for that "typical" home have changed over the […]

North Edmonton Home for sale

Truly exceptional curb appeal! With extras galore!  You can view this fantastic North Edmonton home by clicking http://new.edmonton-homes.ca  This home is only a few months old and boasts tremendous features.  This home can be viewed on Google Earth or view the exclusive home show Front Stone Accents Front verandah adds to the curb appealFully finished […]

Resale Activity reaches new heights in Edmonton

Oh wow…what a day for blogging about real estate in Edmonton!!! I just came back from the CMHC housing forecast seminar in Calgary, and my head is full of stats and information that I can’t wait to share with you. Plus, CREA put out a press release that caused the media to over react yet […]

Edmonton Renters Worried About Condo Conversions

It is an unfortunate fact of life for anyone renting in an apartment building, that someday, someone may decide to turn it into condos. For investors, selling off rental units can be a goldmine. For buyers, it can be a money pit. Often times apartment conversions are done to the minimum standards, with the new […]

Homeless in Edmonton?

One of the things that has always set Edmonton apart from Calgary is the relatively low homeless rate.  About a two years ago an article similar to this was posted in the Calgary Hearld.  It would have been impossible to forecast the Edmonton real estate market gains this year, just as it would have been […]

Choosing an Edmonton Home Inspector

Now that the crazy days of summer are behind us getting a home inspection clause back in your offer to purchase contract should be a little easier.  The following is not intended to be advice relied upon it is more or less based on my experiences as a Realtor.  If you have any questions about […]

Edmonton weather cools – Real estate chills

The red hot hot pace of Edmonton’s market has slowed in some areas, but buyers should still beware the best properties go quickly.  The pace from June, July and August has slowed but it was still the best September on record for sales.    It should be noted that average condos prices actually showed a […]

Real Estate Ad Sales Slump

This article from the Globe and Mail completely misses the boat. Advertising in real estate newspapers in Alberta was significantly down this year, and the author of the article blaims this on real estate agent’s not bothering to advertise their listings, since they were selling so quickly. I beg to differ…. there were half as […]

Keeping Edmonton’s Housing Affordable

We’ve all heard the stats, Edmonton house prices are up over last year more than any other city in Canada. To keep things in perspective, Edmonton’s prices were WAY below the Canadian average a year ago, in a province with low taxes and plenty of jobs. Sometimes a "market correction" means a significant increase in […]

Edmonton Housing Market Forecast, 2007

Today Re/Max released their "Housing Market 2007" report that forecasts what is going to happen in the real estate market. They’ve made lots of predictions, just as many people do. So what I thought I would do is compare what they predicted last year (as reported on this blog) with what actually happened, then look […]

Edmonton buyers line up overnight

Wow, an entire condo complex sold in 6 hours! Imagine waiting in line over night to buy a high-end condo! Like kids waiting in line for New Kids tickets 😉Edmonton buyers line up overnightOct. 14, 2006. 01:00 AM EDMONTON—Edmonton’s red-hot real estate market lured buyers to line up overnight for a chance to pay up […]

Alberta Bubble Watch ’06

Everyone loves to talk about the bubble…at least that’s the way it seems. The following article gives us some information that we already know – that Alberta’s home prices have rapidly increased recently – as well as some other new information. For starters, newly constructed homes are up in price by 12% nationally over the […]

Edmonton Taxes Will go up Less Than House Values

Rumour has it that Edmonton property taxes will go up by about 7% next year. Personally, I think the city should hike them higher. Compared to other cities I’ve lived in the city services are below average, and with the economy the way it is Edmonton should be over delivering, not under delivering…. Here is […]

Edmonton’s Best Real Estate blog

I don’t know if that’s true – in fact thats up to you – but we are pretty sure we are the most visited real estate blog in Edmonton. Pittsburg Homes Daily put together a list of the top 500 real estate blogs in the world and we’re on the list! I’m not sure of […]

Edmonton Real Estate Prices Up 46% in One Year

As promised, here is the complete press release September’s real estate sales statistics in Edmonton. As we already mentioned, prices are still rising, in fact September prices averaged $322,077 for single-family houses, and$278,732 for all homes. Those figures are up 48.8 per per cent and 46.3per cent, respectively, from one year earlier. Number of days […]

Edmonton Real Estate Prices and Supply Up

Every month the Edmonton real estate board releases their statistics for the month. Normally we post those stats here as soon as they are released, but this month they released them to the media before their membership. Here is what the Journal had to say about the stats, when the complete release comes out I’ll […]

Alberta’s Real Estate Industry gets new rules

Just in case you’re wondering this is not long overdue.  The Real Estate Council of Alberta continues to lead North America in its proactive approach to regulating the real estate industry.  Considered the most regulated environment by many for real estate practioners Alberta has once again set the bar for other jurisdictions to follow.  The […]

Downtown Edmonton Economic Report

The following report from Collier’s International shows that there is almost no vacancy for office space across Canada. The "Edmonton" section of the report is below, and discusses a number of the factors currently driving the Edmonton economy and housing market. A very interesting read… DOWNTOWN DYNAMICSDemand for office space has been stronger than expected […]

Another red flag on Alberta’s economy

An article posted today in the Edmonton Sun seems the Toronto Dominons at it again.  A couple of weeks ago, Edmonton was the place to be for the next 25 years, before that Edmonton was on the bubble watch and now it looks like we’re going ot bust.  All I know is I’m getting everything […]

Edmonton economic information

As often as we can we publish relevant economic data and articles about Edmonton and Alberta.  I think its safe to say that one of the best sources for information on Edmonton is the combined website of Economic development and Tourism for Edmonton.  www.edmonton.com is not only a fantastic source for statistical information on Edmonton.  […]