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Median price for Single Family Homes highest in five years in May – REALTOR® Prez #yeg #yegre

To really understand most stories, you need to start at the beginning. To get a clearer understanding of the story of home prices in Edmonton, sometimes it’s best to look at the middle. The median price of homes is the middle ground between the lowest price and the highest. In May, the median price for single family homes in Edmonton




Recreational property market in Alberta sees price decline

CALGARY — While strong economic performance has bolstered residential real estate activity in Alberta to date, recreational markets are still feeling the pinch, says a report released Monday by RE/MAX. The Recreational Property Report 2012 said Sylvan Lake and Canmore have seen price declines in recreational property…




Home sales, prices may remain strong

The Canadian Real Estate Association said Friday that national home price and sales activity this year will be higher than previously forecast, following a strong spring.It now forecasts 475,800 homes will be sold in 2012, up 3.8% from 2011, compared with earlier expectations of a gain of 0.3%. The average home price is forecast to rise by 2.2% to…




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…




Edmonton affordability better than Canadian average – REALTOR® President #yeg #yegre

There are so many reasons why Edmonton is a great place to live; now your bank account is giving you another! A recent RBC study shows that home buyers in Edmonton face one of the most affordable markets in Canada. The housing affordability index for Edmonton was listed at 32.4% of a typical household income…



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