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1 - 25 of 25

Sunday, May 10, 2015 - Investing in your kids real estate

Investing in your kid?s real estate   Investing in Alberta Real Estate ? Tips for Home Buyers   It?s that time of year again, when parents start looking for homes for their children to live in while attending a college or university in the Edmonton area. TD Canada Trust recently released a report showing that 10% of Canadian parents would consider buying a condo for their adult children, and our experience shows that many parents in the Edmonton area are interested in this type of investment. ... Full Article...

posted in Edmonton Real Estate at Sun, 10 May 2015 15:20:16 -0600



Saturday, May 9, 2015 - How to choose a Realtor to work with

How to choose a Realtor to work with   Amazing! You?ve decided to sell your home and/or buy one. That?s very exciting. Now it?s time to hire a Realtor, but what's the best method for choosing one who will support your interests?   It?s no secret that virtually every market in Canada is saturated with licensed Realtors, so deciding on who to use can sometimes be a tricky task. Here are some simple tips to follow when determining what Realtor best suits your unique needs.   1. Don?t feel pressure ... Full Article...

posted in Edmonton Real Estate at Sat, 09 May 2015 00:17:59 -0600



Saturday, May 9, 2015 - 5 ways to increase rental income

5 ways to increase rental income   Landlords, don?t be so quick to throw in those amenities for free. There are five key ways to generate additional income beyond standard monthly rents, while at the same time developing better, more responsible tenants.  1. LaundryI like the flexibility that laundry offers because in some buildings, you can offer it in a coin-operated form. Or, if you prefer not to lease or buy machines, you can offer it as an a-la-carte service.If tenants choose laundry, it ... Full Article...

posted in Edmonton Real Estate at Sat, 09 May 2015 00:11:25 -0600



Tuesday, May 5, 2015 - Edmonton Market at Low Risk

Edmonton, May 4, 2015: Canadian Home and Mortgage Corporation (CMHC) released the Updated Results of its House Price Analysis and Assessment Framework for Canada and 12 Markets last week. The report focused on housing market risk factors such as overheating, acceleration in house prices, overvaluation, and overbuilding. Their conclusion about the Edmonton market was that it presented a low risk in all these factors.   ?While price growth has increased slightly since 2011, price increases remain ... Full Article...

posted in Edmonton Real Estate at Tue, 05 May 2015 19:12:11 -0600



Thursday, April 3, 2014 - Annual report forecasts Edmonton housing growth

Edmonton ? The REALTORS Association of Edmonton is predicting steady growth in the housing market for 2014. In its annual housing forecast, the association forecasts MLS sales will increase by about three per cent for the year. President Greg Steele anticipates the sale of single family homes in Edmonton to stay static, but the number of sales of condo, duplex and rowhouse sales to increase by 2.5 per cent. Steele believes these properties will become a commodity for first time buyers. The ...

posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:41:53 -0600



Thursday, April 3, 2014 - Edmonton Real Estate �¢?? Most affordable major market in Canada?

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posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:38:40 -0600



Thursday, April 3, 2014 - Edmonton real estate: Post-boom, a reasonable resurgence

Ned Stanojevic knows how to gut a house. So when Edmonton?s housing market heated up, he started flipping homes. ?At that time it just made sense,? he says. The 43-year-old father of two figures he flipped six homes between 2005 and 2009. At the height of his city?s boom, he had three at once. ?That was my tolerance level.? Edmonton?s real estate market in those days was not for the faint of heart. ?The market place was very aggressive,? he said. ?That?s the way it was back then. If you thought ... Full Article...

posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:36:30 -0600



Thursday, April 3, 2014 - Average single family home price in Edmonton at record high

EDMONTON ? The Realtors Association of Edmonton says the average cost of a single family detached home in the city has reached a new high. The average price for a single family home in Edmonton in the first quarter of 2014 was $432,000. That price topped the previous record ? set in May 2007 ? by about $6,000. ?We?re just slightly beyond that record level,? said Realtors Association of Edmonton President Greg Steele. For the single family, in May of 2007, we were about $425,000 so about $6,000 ... Full Article...

posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:33:03 -0600



Thursday, April 3, 2014 - Hot Edmonton real estate market leading to bidding wars

EDMONTON ? Spring is a traditionally busier time for the real esate market, but a new trend is emerging. Homes that have hardly been on the market are being quickly snapped up by over-bidding buyers. It was the perfect set-up for Sean Pateman, who was looking to sell his Lewis Estates home. After being on the market for only one day, it had already garnered five showings. ?I knew the market was hot right now,? he said. ?Figure, I?d throw it out there and see what happens.? His house became hot ... Full Article...

posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:31:41 -0600



Thursday, April 3, 2014 - Housing prices in first quarter rise in active local market

Housing prices in first quarter rise in active local market Edmonton, April 2, 2014: The REALTORS® Association of Edmonton reports that the housing market in the Edmonton Census Metropolitan Area (CMA)1 is poised for a very active spring sales period. Sales of all types of residential properties in the first quarter in the Edmonton CMA were up 5.8% as compared to the same period in 2013. Single family detached (SFD) sales were up 5.1% while condo sales rose a staggering 11.0% in the first ...

posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:26:43 -0600



Thursday, April 3, 2014 - YEGisHome.ca is changing the way Edmonton views its communities and homes

YEGisHome.ca is changing the way Edmonton views its communities and homes. Edmonton, April 3, 2014: The REALTORS® Association of Edmonton launched a new community information website today. The website, at YEGisHome.ca, contains information about every community in Edmonton, over 90,000 businesses and public places, ticketed events and local news. It also contains all the homes and properties currently available for sale on the Edmonton Multiple Listing Service® (MLS®) operated by the ...

posted in Edmonton Real Estate at Thu, 03 Apr 2014 14:23:51 -0600



Friday, August 30, 2013 - Edmonton leading provinceâ??s new home construction

EDMONTON ? The latest economic outlook from the province shows Edmonton has surpassed Calgary in housing starts this year, becoming the leader in new home construction in Alberta. At the current pace, Alberta will see 36,500 new homes built by the end of this year ? that?s about 4,000 more than had previously been estimated by the province. Edmonton has been the major driver of that growth, with housing starts up 31 per cent. Experts say the hot market is being driven by high population growth ... Full Article...

posted in Edmonton Real Estate at Fri, 30 Aug 2013 19:52:54 -0600



Monday, July 29, 2013 - Construction keeps pace

Construction keeps pace   Todd Hirsch, Chief Economist, ATB Financial Bulldozers, backhoes and building sites are familiar scenes to most Albertans, and they seem to be here to stay. Between April and June of this year, construction activity around the province kept up a solid pace. The value of non-residential construction in the second quarter of this year clocked in at $2.46 billion, fractionally lower than the first quarter but a small percentage higher (+0.7 per cent) than the same quarter ... Full Article...

posted in Edmonton Real Estate at Mon, 29 Jul 2013 17:08:19 -0600



Monday, July 29, 2013 - A deluxe apartment in the sky!

A deluxe apartment in the sky!   Todd Hirsch, Chief Economist, ATB Financial When Albertans think of new housing construction, many automatically think of the typical single detached bungalow which has become so popular. But that?s not the only type of residential construction going on. Apartment buildings?both for rental and condominiums?are increasingly popular, especially in Edmonton and Calgary. In May of this year, there was a total investment of $137 million in new apartment-style homes ... Full Article...

posted in Edmonton Real Estate at Mon, 29 Jul 2013 16:55:43 -0600



Monday, July 29, 2013 - Population outpaces home building

Population outpaces home building   Todd Hirsch, Chief Economist, ATB Financial Housing construction is an important driver of Alberta?s economy and supplying the correct number of homes to match the market demand is sometimes a challenge for home builders. However, the most recent data suggest there?s still plenty of room to build a few more. The chart below traces the gap between Alberta?s quarterly population growth and the pace of new housing completions in the province. It essentially ...

posted in Edmonton Real Estate at Mon, 29 Jul 2013 16:52:52 -0600



Tuesday, July 9, 2013 - Country estate in the city of Edmonton - Secluded home backs onto deep, quiet forest

Doug and Donna Mulholland?s place is not difficult to find, in theory. It?s on a named city street. It?s got an official address. Google Maps says it?s right here. OK, so where is it? The houses adjacent are numbered to indicate .... AHA! I see a driveway. I pull into the driveway and walk up to the home. The door opens and the secret is revealed. Suddenly I?m in a modern, elegant and spacious cabin in the woods. OK, cabin is wrong. Country estate? The point is, it?s kind of secluded. And it?s ... Full Article...

posted in Edmonton Real Estate at Tue, 09 Jul 2013 16:14:19 -0600



Tuesday, July 9, 2013 - Ritchie founder's luxury Edmonton condo joins auction alongside trucks and trailers

EDMONTON - Buyers at Ritchie Bros.? industrial auction lot in Nisku usually bid on excavators, dump trucks or farm land, but next week a decidedly more glamorous item is up for bid ? the company co-founder?s personal luxury condominium. Dave Ritchie, chairman emeritus and co-founder of the Vancouver-based auction sales giant, wants to sell his 4,500-square-foot condo, with a panoramic view of Edmonton?s river valley, solarium, private wine cellar, underground three-car garage and other upscale ... Full Article...

posted in Edmonton Real Estate at Tue, 09 Jul 2013 15:45:13 -0600



Tuesday, July 9, 2013 - Luxury condo in Edmonton brings in millions at auction

EDMONTON - Sold! A luxury condo that went on the auction block Thursday sold for $3,250,000 ? surpassing its assessed value by nearly a million dollars. The 4,500-square-foot condo belonged to Dave Ritchie, co-founder of Ritchie Bros. Auctioneers, and was sold at auction in Nisku alongside industrial items that included pickup trucks, tractors and excavators. Brian Glenn, vice-president of sales for the auction house, previously told the Journal that the property was being sold at an unreserved ... Full Article...

posted in Edmonton Real Estate at Tue, 09 Jul 2013 15:42:01 -0600



Tuesday, July 9, 2013 - Condos a hot seller in June in Edmonton

EDMONTON - Condominiums were the biggest price gainers in June for the Edmonton region. Statistics released Wednesday by the Realtors Association of Edmonton put the average condo selling price for the month in the census metropolitan area at $261,854, up 10.2 per cent from May and 8.7 per cent from June 2012. June?s median price was $242,500, up 6.4 per cent from the previous month and up 6.8 per cent year-over-year. Single-family dwellings sold for an average of $412,269, down 1.4 per cent ... Full Article...

posted in Edmonton Real Estate at Tue, 09 Jul 2013 15:35:10 -0600



Thursday, June 27, 2013 - Pearl Tower might signal upwardly mobile trend

Could the rise of Edmonton?s tallest condo building signal a race to the top? Crews working on Pearl Tower poured the concrete for the 36th floor earlier this month, making the luxury high-rise one storey taller than first planned and the dominant feature of the west end of Jasper Avenue. While advocates say the City Centre Airport is unfairly blamed for height limits on downtown buildings, developer Ken Cantor says he believes other projects will reach for the skies when the city begins ...

posted in Edmonton Real Estate at Thu, 27 Jun 2013 23:00:47 -0600



Thursday, June 27, 2013 - Edmonton housing starts taper off after torrid 2012: CMHC

EDMONTON - After an impressive 2012, the Edmonton housing market will see some moderation for 2013 as new housing starts are projected to decline, according to the Canada Mortgage and Housing Corporation. ?This year we are projecting a little bit of a pullback,? said Lai Sing Louie, regional economist with the federal agency. In a report released Tuesday on the second quarter 2013 Housing Market Outlook, the Crown corporation said this can be attributed to slower economic and job growth within ... Full Article...

posted in Edmonton Real Estate at Thu, 27 Jun 2013 22:50:27 -0600



Thursday, September 16, 2010 - August housing market quietens

   Edmonton, September 2, 2010: The REALTORS® Association of Edmonton reports that the average price of single family property in the Edmonton area has softened with a small drop for the second consecutive month. Prices were plateaued at just over $388,000 from March to June. Condominium prices have dropped steadily from their high point of $253,000 in April and are down another 2.99%.    ?Despite the two month drop, single family homes are still priced a bit higher than they were at the same ... Full Article...

posted in Edmonton Real Estate at Thu, 16 Sep 2010 14:14:20 -0600



Thursday, September 16, 2010 - Existing home sales edge up in August

OTTAWA ? September 15th, 2010 ? National resale housing activity improved in August 2010, according to statistics released by The Canadian Real Estate Association (CREA). Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards in August rose 4.1 per cent from the previous month. This marks the first monthly increase since March 2010. Activity was up most in Ontario and British Columbia, with monthly gains in these two ...

posted in Edmonton Real Estate at Thu, 16 Sep 2010 13:57:45 -0600



Monday, June 14, 2010 - Housing starts `quickly running out of steam'

Housing starts `quickly running out of steam'.By John Morrissy, Canwest News Service June 8, 2010OTTAWA - Housing construction in Canada is quickly coming off the boil, economists say, pointing to weaker-than-expected levels of new home starts in May. The level of activity slipped 6.3 per cent in the month to 189,100 units compared with expectations of 202,000 starts. April was revised up slightly to 201,800. But ``the details of today's report were softer than the headline would suggest,'' ... Full Article...

posted in Edmonton Real Estate at Mon, 14 Jun 2010 21:18:06 -0600



Wednesday, June 2, 2010 - REALTORS face relaxed housing market with stable pricing

REALTORS® face relaxed housing market with stable pricing Edmonton, June 2, 2010: The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008. ?Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year,? said Larry Westergard, president of the REALTORS® ... Full Article...

posted in Edmonton Real Estate at Wed, 02 Jun 2010 18:26:08 -0600



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Will new PM stick to housing promises? - Oct 20, 2015

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Construction decline expected across Canada - May 13, 2015

Construction decline expected across Canada   HomeNewsby Jennifer Paterson13 May 2015   Overall ...

Investing in your kids real estate - May 10, 2015

Investing in your kid?s real estate   Investing in Alberta Real Estate ? Tips for Home ...

New Alberta government could introduce rent controls - May 9, 2015

New Alberta government could introduce rent controls   The premier-elect of Alberta could introduce ...

Why interest rates wonâ??t rise - May 9, 2015

Why interest rates won?t rise   Homebuyers and investors have yet another reason to rejoice: one ...

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