Market Report

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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JANUARY 2010 REAL ESTATE MARKET REPORT

Looking back on 2009… “Strong year-end sales put a crown on a year that started slow but ended big,” Charlie Ponde, president of the REALTORS Association of Edmonton. Looking ahead to 2010… “The truth is in the trends, and right now the trend is for the Edmonton area market to continue to strengthen,” Kathy Schmidt, … Continue reading JANUARY 2010 REAL ESTATE MARKET REPORT

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October 2009 Market Report

How does 2009 stack up so far??? The simple answer is “surprisingly well”!  This month’s Market Report compares 2009 sales activity with recent years.  Six of the last nine months were actually exceptionally strong compared to other years! Wondering what your home is worth!  Click here to find out… Read our monthly Market Report. Read the Realtor … Continue reading October 2009 Market Report

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September 2009 Market Report

Wondering what your home is worth? Real estate varies dramatically by area of the city and by neighbourhood within each area.  Buyers who are open to less “discovered” neighbourhoods might find themselves getting a lot more for their dollar.  Similarly, paying a bit more for your home to be in the neighbourhood you love most … Continue reading September 2009 Market Report

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