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EDMONTON REAL ESTATE NEWS ROUNDUP – June 16, 2012

Alberta to lead Canada’s economic growth, forecasters say

CALGARY — Alberta’s petro-powered economy is being tagged to lead and drive Canada’s economy — news that’s little surprise to those behind the wheel at a huge oil trade show in Calgary. But while those showing their wares at the Global Petroleum…

 

http://cnews.canoe.ca/CNEWS/Canada/2012/06/12/19870201.html

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Multi-family housing propels growth in new-home construction in Edmonton

Apartment starts for May 2012 nearly doubled those of May 2011. “There’s a certain amount of optimism among multi-family developers,” said Richard Goatcher, economic analyst with the Canadian Homebuilders Association’s Alberta office and a former CMHC …

 

http://www.edmontonjournal.com/business/Multi+family+housing+propels+growth+home+construction+Edmonton/6752395/story.html

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Canadian home sales activity moderates in May

“Returning to an average level of sales activity still leaves Canada’s housing market in great shape,” said Wayne Moen, CREA President. “The expected continuation of low interest rates will keep housing markets stable and homeownership affordable and within…

 

http://creanews.ca/2012/06/15/canadian-home-sales-activity-moderates-in-may/

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Buying a home – remain calm and study the market – #yeg #yegre

Home buyers, home sellers and REALTORS® all find themselves smack in the middle of the spring buying season. It’s an active time of any given year. This year, prices have increased slightly every month and as a result, more owners have been encouraged to list their properties…

 

http://raeinfo.posterous.com/buying-a-home-remain-calm-and-study-the-marke

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Homes are selling quicker than they were earlier this year #yeg #yegre

It wasn’t that long ago that Edmonton was experiencing a real estate boom, when the paint was barely dry on a For Sale sign before it changed to Sold. It will probably be a while before we experience those kinds of conditions again, but homes are selling quicker…
 

 

http://raeinfo.posterous.com/homes-are-selling-quicker-than-they-were-earl


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