Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 469 (464, 429, 447) # Sales: 304 (298, 327, 345) Ratio: 65% (64%, 76%, 77%) # Price Changes: 357 (363, 399, 427) Expired/Off-Market Listings: 263 (528, 216, 237) Net loss/gain in listings this week: -98 (-362, -114, -135) Active single-family home listings: 2814 (2861, 3043, 3089) Active condo listings: 2427 (2463, 2607, 2625) Homes 4-week running average: $447 ($439, $449, $452) Condos 4-week running average: $220 ($223, $220, $225)         Posted by Liv Real Estate on
Email Send a link to post via Email

Looking good! Hopefully next year will be another large increase in prices as people desperately try to buy before interest rates soar.

Posted by tom on Friday, November 12th, 2021 at 1:05am

Thanks GM! Agreed; I'll likely sell in Spring.

Posted by Tom on Saturday, November 13th, 2021 at 2:35am

This spring will likely be the time to sell. After that interest rates are going to rise and many potential buyers won't be able to afford a mortgage, unless the house prices go down.

Posted by GM on Saturday, November 13th, 2021 at 6:09am

Everyone will be selling homes 5 business days or more before the end of this year not in the spring of 2022. Odds of a capital gains increase to 75 percent and retroactive to January the 1st 2022 are almost a certainty. The rest of the country will be unloading homes wholesale in December to beat the capital gains increase on second homes.

Posted by Tony on Monday, November 15th, 2021 at 1:57am

Huh? Please show me where that was in the Liberal platform. You're thinking of the NDP platform.

Posted by Tom on Wednesday, November 17th, 2021 at 5:15am

The Liberals don't need to have anything in their platform to implement it.
Just look at their track record. Lies upon lies and corrupt to the core.
They will do whatever the hell they want because the fools vote for them anyway.
So yes, I believe it's very likely that they'll raise the capital gains tax to 75%. Or even more.

Posted by GM on Friday, November 19th, 2021 at 6:26am

Leave A Comment

Please note that your email address is kept private upon posting.