Market Report

February 2011 Market Report

Every month we bring you the latest market news.  You can always get your real estate questions answered by contacting your friends at Schmidt Realty Group!   Sales prices are up modestly this month, but the time to sell declined dramatically!  Click here to read our MARKET REPORT  for February 2011! Click here to see the entire statistics report … Continue reading February 2011 Market Report

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Schmidt Realty Group Market Report

The official results for December 2010 are in!  2010 wasn’t the strongest year on record but Edmonton held its own well compared to other areas of the country and especially when we look at the situation in real estate south of our border.  We’re not the only ones who feel Alberta is a great place … Continue reading Schmidt Realty Group Market Report

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November 2010 Market Report

Every month we bring you the latest market news.  You can always get your real estate questions answered by contacting your friends at Schmidt Realty Group!- how November 2010 activity stacks up compared to previous years… – how long it is taking for homes to sell… – the average single family and condo selling price … Continue reading November 2010 Market Report

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NO “US-Style” Housing Collapse in Alberta’s Future!

 ATB FINANCIAL DAILY ECONOMIC COMMENT NOV 3, 2010: While the Edmonton market is still cooling down and is trending along well within buyers’ market territory, it is exceedingly unlikely that any kind of US-style price collapse is in the cards. Interest rates are still near record lows (and appear likely to stay fairly low) and … Continue reading NO “US-Style” Housing Collapse in Alberta’s Future!

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Some Good News Mid-October for Edmonton Real Estate!

The inventory of homes available for sale in Edmonton is decreasing…  For the first time in a long time there are fewer than 8,000 homes on the market.  It is still a buyer’s market at this time, but this is good news for home owners wishing to sell. Sellers, make sure that you are well informed … Continue reading Some Good News Mid-October for Edmonton Real Estate!

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October 2010 Market Report

2010 Year-To-Date Sales Activity – what price ranges are the busiest? – average time to sell in Edmonton remains at 57 days – average time to sell with Schmidt Realty Group?  Just 31 days! New National Report on Homebuying – surprising news in the luxury home market – the outlook for the remainder of the … Continue reading October 2010 Market Report

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September 2010 Market Report

“Despite the two month drop, single family homes are still priced a bit higher than they were at the same time last year,” said Larry Westergard, president of the REALTORS® Association of Edmonton. The REALTORS® Association of Edmonton reports that the average price of single family property in the Edmonton area has softened with a … Continue reading September 2010 Market Report

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The Spring Market has SPRUNG!

“There is consumer confidence in this market and both buyers and sellers appear eager to enter the housing market,” says Larry Westergard, president of the Realtor Assocation of Edmonton. Single family and condominium prices were up over last month and over this time last year! 1,571 homes sold in March, an increase of 15.1% from … Continue reading The Spring Market has SPRUNG!

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March Market Report

Stability continues in Edmonton housing through February… That’s what the Realtor Association of Edmonton reported in their monthly press release.  We agree, our market is enjoying excellent stability especially compared to our neighbours to the south. We are living in a different world entirely when it comes to real estate in Alberta!  In our office … Continue reading March Market Report

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MARKET UPDATE FEBRUARY 2010

It looks like 2010 is going to be a strong year in real estate in Edmonton.  In January residential sales were up 21% compared to last January and the average selling price of a single family home sold for 4% more than January 2009.  Get the details in our latest Market Report .  Click here to … Continue reading MARKET UPDATE FEBRUARY 2010

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