I think you have a typo for new listings. If not we are in trouble, lolPosted by birdlady on Thursday, February 7th, 2019 at 9:52pm
Why are condo averages still so high? You can get decent condos now for $120,000 near downtown.Posted by Tom on Friday, February 8th, 2019 at 1:03am
It still costs twice as much to rent than it costs to own a resale townhouse or resale apartment. I can't see resale prices falling much further unless everyone leaves the city. Interest rates are headed downward not upward so the rest of Canada might pull Alberta real estate upward with it.Posted by Tony on Friday, February 8th, 2019 at 8:09pm
Did the Sky Condos drop in price Tom?Posted by Wally on Saturday, February 9th, 2019 at 3:11am
Yeah if you don't mind getting stabbed.Posted by GM on Saturday, February 9th, 2019 at 6:08am
Tony, Where are you renting? Because the condo I rent (desirable neighbourhood and street) it would cost 50% more to own that rent. In fact I’m ahead by well over 50k by renting the last couple years between declining condo prices and the cost difference between owning and renting.Posted by Still employed on Saturday, February 9th, 2019 at 7:32pm
That was pretty much the mindset in the US ten years back when you could buy a pretty nice 1200 squ ft bungalow for around 80,000 in most of the major cities.Posted by Rick on Saturday, February 9th, 2019 at 10:47pm
Tony , tell to my friend , he just lost more then 40 k on downtown condo . Interest rate are headed downward ? It was mistake to legalize pot.Posted by Andrii on Sunday, February 10th, 2019 at 5:57am
Yep, sorry about that and sorry about the delay fixing it... was in transit all weekend.Posted by Sara MacLennan on Monday, February 11th, 2019 at 5:00am
Last month there were a bunch of cheaper single family houses for sale under $150k in the scummy area north of downtown, now there are only two. I'm curious if these listings just expired or if these properties actually sold. A few appeared to be foreclosures (as is, where is).
Side note: I remember years back when the cheapest single family home in Edmonton was $245k (I think it was around 2009), and the foundation was clearly having issues. Things sure have changed.
lol what a great analysisPosted by Karlhungus on Monday, February 11th, 2019 at 10:33pm