News, Views and More

What an interesting month October turned out to be! We completed the federal election but not without continuing the conversation while the Edmonton Real Estate market sales increased by 11% when compared to 2018. The increase in year over year sales however came at the expense of the average sale price which declined to $354,052… View Article

The September 2019 Edmonton Area Real Estate activity followed the seasonal trend with overall sales declining from August as we moved into the fall season. What wasn’t expected however was a 26.8% increase in Condo sales as compared to 2018! It was nice to see stronger sales in the category as it has struggled with… View Article

The August Edmonton and area real estate activity saw a decline in the number of overall sales compared to the same period last year by 6.38% and by 18.22% to last month. To be fair, this past July was unusually active but regardless, the August sales were the lowest we’ve seen in a few years…. View Article

We saw a nice 11.49% increase in overall residential sales this July in comparison to a year ago. In fact, the total sales of 1921 units is the highest July sales activity since 2015. The number of new listings also declined along with the overall inventory. This bodes well for those seller’s who’ve felt a… View Article

  The overall sales in June were similar to a year ago with the exception of the Condo market which dipped by 4.34%. The good news for sellers is that the overall Inventory declined 11.68% from June 2018 along with the number of Listings by 18.03%. However, buyers are still in the driver’s seat as… View Article

How was the Edmonton Real Estate Market in May you ask? Well, not too bad with an increase in all sales over April 2019 by 17.64% and 4.04% compared to May 2018. An increase over April is typical for the season but what I like is that we performed better than 2018. Have we turned… View Article

The Edmonton Real Estate market followed the normal seasonal trend with an increase in sales activity as the grass started to green and the buyers came out of hibernation! It wasn’t a stampede but for Seller’s, they at least saw more Buyer’s! Sales increased significantly over March 2019 and a bit over what we saw… View Article

Here is the March 2019 Edmonton and Area real estate activity as reported by the REALTORS® Association of Edmonton. When compared to February 2019, unit sales across all categories increased, with single family home sales increasing 27.84%, condo sales increasing 8.86% and duplex/rowhouse sales increasing 21.05%. Year over year sales are down in all major categories,… View Article

What a wacky weather month February turned out to be! We set cold records but weren’t alone in the experience. It was weird everywhere including the center of the Canadian universe, Toronto, where they set snow records. What we also had in common with other Canadians was a decline in sales in comparison to 2018…. View Article

                            How is the Real Estate market? As Realtors we get asked this question all the time. Our answer? It depends, are you interested in Buying, Selling, Renting or Investing? No doubt we’ve all seen the news reports about home sales across Canada… View Article