Market News

Edmonton multi-family vacancy rates shrink

Edmonton multi-family vacancy rates shrink edmontonjournal.com January 30, 2012   EDMONTON – Vacancy rates for multi-family dwellings in Edmonton shrank by almost a full percentage point last year, according to a report released Monday by Avison Young. Overall vacancy changed from 4.2 per cent in 2010 to 3.3 per cent in 2011, despite a small … Continue reading Edmonton multi-family vacancy rates shrink

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Edmonton’s Monthly Rental Market Report

Edmonton’s Monthly Rental Market Report Edmonton, January 26, 2012: Historically, December is a slow month for rental activity. This year was no exception as there were fewer listings available for renters to choose from compared to the previous months. As expected, there were less renters in the market searching for homes during this time, but … Continue reading Edmonton’s Monthly Rental Market Report

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Glenora Skyline project set to begin in March

Long-delayed Glenora Skyline project set to begin digging in March By Bill Mah, edmontonjournal.com   January 26, 2012   EDMONTON – Seven years after developer Alex Davidoff first proposed the Glenora Skyline, construction will start on the residential and commercial project in March. The contentious development at 142nd Street and Stony Plain Road has been beset … Continue reading Glenora Skyline project set to begin in March

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Edmonton’s housing most affordable in Canada

Edmonton’s housing most affordable in Canada, survey shows By Lewis Kelly, edmontonjournal.com January 24, 2012   EDMONTON – Edmonton enjoys the most affordable housing of Canada’s six major metropolitan regions, according to a study released Monday. The International Housing Affordability Survey looks at housing in cities in the United States, the United Kingdom, Canada, Australia, … Continue reading Edmonton’s housing most affordable in Canada

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Edmonton Property Tax Assessment Map

Edmonton Property Tax Assessment Map The City of Edmonton has released its 2012 property assessments, and most residents saw a drop in the taxable values of their homes. Click here to access a map that allows you to compare the average assessment of single-family homes by neighbourhood in 2012 and 2011; as well as the percent … Continue reading Edmonton Property Tax Assessment Map

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Edmonton ranked among top performing global economies

Edmonton ranked among top performing global economies By Derek Abma, Financial Post January 18, 2012   Click to view the full article online   OTTAWA — Five out of seven Canadian cities considered among the top 200 local economies in the world were in the top half of rankings for economic performance last year, a … Continue reading Edmonton ranked among top performing global economies

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More gains in home prices expected

More gains in home prices expected By Derek Abma, Postmedia News   Click to view the full article online   OTTAWA — Canada’s housing market will continue to be strong this year, with rising property values expected in all major markets, real estate brokerage firm Royal LePage said Thursday. The company’s forecast called for prices … Continue reading More gains in home prices expected

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Alberta to buck national trend for new home construction

Alberta to buck national trend for new home construction Housing starts expected to increase in 2012 and 2013 By Mario Toneguzzi, Calgary Herald  January 10, 2012   Click to view the full article online   CALGARY — Alberta is expected to buck the national trend for new home construction in the next two years, according … Continue reading Alberta to buck national trend for new home construction

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Edmonton real estate market healthy and stable, Realtors say

Edmonton real estate market healthy and stable, Realtors say By Lewis Kelly, edmontonjournal.com  January 4, 2012   Click here to view the full article online   EDMONTON – Edmonton wrapped up a stable year in real estate in December, the Realtors Association of Edmonton said Wednesday. “It is a relief to report on the stability … Continue reading Edmonton real estate market healthy and stable, Realtors say

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Energy revival fuelling another Alberta boom

Energy revival fuelling another Alberta boom By Tamara Gignac, Postmedia News December 27, 2011   View the full article online   CALGARY — Albertans know all about the B-word: boom. For much of the past decade the economic pace was blistering, led by massive projects in the oilsands. The result was scores of high-paying jobs, … Continue reading Energy revival fuelling another Alberta boom

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