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Archive for ‘Market Review Edmonton’
‘Wild card’ props up Canadian housing markets over past decade, says RE/MAX Inventory remains key to stability in 2011 Kelowna, BC (February 8, 2011) -- Tighter inventory levels helped to make the last decade one of the healthiest periods on record for Canadian real estate, insulating markets in major centres from the peaks and valleys characteristic of ... Read More
Some prospective first-time buyers saw their window of opportunity to own a home close this week with the federal government’s announcement of changes to government-backed mortgages. Finance Minister Jim Flaherty reduced the term of government-backed mortgages to 30 years from 35 years, effective March 18. He also lowered the maximum amount of equity that can ... Read More
Edmonton, July 5, 2010: REALTORS® report normal client activity in the Edmonton real estate market with listings, showings and sales. The residential inventory is approaching record levels set in 2007 but prices held steady in the second quarter with the expectation that they will soften as usual through the fall and early winter. “There was less ... Read More
This morning CMHC emailed me their Housing forecast. If you want to have a look at it, here's the link. http://www.cmhc-schl.gc.ca/odpub/esub/61512/61512_2010_M06.pdf All in all, it's a conservative an completely predictable view on where real estate is going over the next little while. I don't think there are a lot of surprises in there. - John Carle ReMax ... Read More
This morning we launched a new service, the DAILY PROPERTY HOTSHEET. This free service provides property and market information for the Edmonton and area neighbourhood of your choice, based on the address of your property. How does this report differ from other property updates or agent searches or realtor.ca? 1. It provides much more detailed information than you're ... Read More
Annual residential sales in Alberta were up in 2009 from 2008 levels, bolstered by a stronger performance in the second half of the year. According to statistics provided by real estate boards in Alberta, home sales numbered 3,042 units in December 2009, an increase of 62 per cent from the same month in 2008. Current sales ... Read More
http://creastats.crea.ca/area/ Annual residential sales in Alberta were up in 2009 from 2008 levels, bolstered by a stronger performance in the second half of the year. According to statistics provided by real estate boards in Alberta, home sales numbered 3,042 units in December 2009, an increase of 62 per cent from the same month in 2008. Current sales ... Read More