Market News

Women more likely to be first-time homebuyers

By schmidt | Published: May 16, 2012

Women more likely to be first-time homebuyers, Canadian poll finds Down payment a top concern among women By Mario Toneguzzi, Calgary Herald May 14, 2012   CALGARY — Women are more likely than men to be first-time homebuyers among Canadians who plan to buy a home within the next two years, according to the 19th … Continue reading Women more likely to be first-time homebuyers

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Central Bank Could Move on Rates

By schmidt | Published: May 15, 2012

Canadian dollar up, strong jobs data suggests central bank could move on rates By Malcolm Morrison, Canadian Press May 11, 2012   TORONTO – The Canadian dollar was higher Friday morning as much better than expected job creation data for April raised hopes that the Bank of Canada could move on hiking interest rates sooner … Continue reading Central Bank Could Move on Rates

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Alberta leads country in employment growth

By schmidt | Published: May 14, 2012

Alberta leads country in employment growth – 3.9% increase from a year ago By Mario Toneguzzi, Calgary Herald May 11, 2012   CALGARY — The bloom on the employment boom in Wildrose country has not come off as Alberta led the country in year-over-year job growth in April. Statistics Canada reported Friday that employment in … Continue reading Alberta leads country in employment growth

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Good… Better… Wow!

By schmidt | Published: May 12, 2012

In the first four months of 2012 our sellers sold 44.1% faster than the results posted by the Realtor Association of Edmonton!  That’s even faster than our results for 2011 of 42.5%!   We’re pretty excited about these results… almost as excited as our sellers Whahoo!  And woof woof! *Based on median days on market of 34 … Continue reading Good… Better… Wow!

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New Edmonton suburbs will cost another $1.2 billion

By schmidt | Published: May 10, 2012

New Edmonton suburbs will cost another $1.2B: report By Elise Stolte, edmontonjournal.com May 10, 2012   EDMONTON – New neighbourhoods already approved by Edmonton city council will cost the city an additional $1.2 billion for fire halls, parks, police stations and libraries, says a new report that gives the numbers for the first time. “Oh … Continue reading New Edmonton suburbs will cost another $1.2 billion

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Spring home construction hits a post-boom high

By schmidt | Published: May 9, 2012

Spring home construction hits a post-boom high Starts up 27 per cent from a year ago in April and 36 per cent in the first four months   By Bill Mah, Edmonton Journal May 8, 2012   EDMONTON – Edmonton-region homebuilders are much busier than they were a year ago, with housing starts in April … Continue reading Spring home construction hits a post-boom high

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Calgary Market Gaining Strength

By schmidt | Published: May 3, 2012

ATB Daily Economic Comment: Calgary Home Price Gaining Ground May 2, 2012 Click here to view the full article in PDF Calgary was the epicentre of housing “bubble” chatter not too long ago. That talk was just over five years ago and after an initial sharp dip and slight rebound following the recession, average residential … Continue reading Calgary Market Gaining Strength

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Alberta Steals the Show in 2011

By schmidt | Published: April 27, 2012

ATB Financial Weekly Economic Bulletin: Alberta Steals the Show in 2011 Click here to view the full bulletin We expected it to be good, but not this good. Alberta’s real GDP expanded by 5.2 per cent in 2011, beating the provincial government’s budget estimate of 3.5 per cent. That was the strongest growth among all … Continue reading Alberta Steals the Show in 2011

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April Market Report: Edmonton’s Spring Real Estate Market Looking Sunny

By schmidt | Published: April 10, 2012

“Listing activity is up when compared to last year but sales and inventory are down which could indicate that market ativity will pick up markedly as the summer progresses.  Whatever your housing situation, you can trust the advice of your local REALTOR who is here when life happens.” Doug Singleton, REALTORS Association of Edmonton President. … Continue reading April Market Report: Edmonton’s Spring Real Estate Market Looking Sunny

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House price gains slow in January: Teranet index

By schmidt | Published: March 29, 2012

House price gains slow in January: Teranet index By Postmedia News, Postmedia News March 28, 2012   A monthly measure of Canadian home prices showed that year-to-year gains continued in January, albeit at a slower pace than in December.   The Teranet-National Bank house price index was up 6.5 per cent from a year earlier. … Continue reading House price gains slow in January: Teranet index

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