Edmonton, November 2, 2010: Although the all-residential average price dropped 3% in October, average prices are almost exactly what they were a year ago. Single family dwellings were sold on average for $365,691 which is just $1,434 less (-0.39%) than October 2009. Condos sold in October for about $2,000 less (-0.9%) than a year earlier at an average price of $235,893.
“Stability is the key ...
Posted by Geneva Tetreault
on November 3, 2010
A constant struggle for me is to describe the current market place to my clients, friends, collegues and everyone I meet. "How's the market these days?" I can't count how many times I get asked this. But I heard it said the other day very well. Our buyers are resting. They are looking but they are slugish. They want the perfect home and feel that finally they are in the drivers seat a little. ...
Posted by Geneva Tetreault
on October 21, 2010
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 ...
Posted by Geneva Tetreault
on June 2, 2010
Edmonton, May 4, 2010: April is the start of the busy second quarter for real estate, and resale housing sales were down over the same month last year according to a report issued by the REALTORS® Association of Edmonton. Average* prices of single family houses moved down compared to a month ago but were up by 8.2% from last year. Condominium average prices moved up from last month and were up ...
Posted by Geneva Tetreault
on May 11, 2010
Edmonton, April 6, 2010: Housing figures released by the REALTORS® Association of Edmonton for March and the first quarter of 2010 show that resale housing prices are up; listings and sales are up.
“There is consumer confidence in this market and both buyers and sellers appear eager to enter the housing market,” said Larry Westergard, president of the REALTORS® Association of ...
Posted by Geneva Tetreault
on May 1, 2010
Edmonton, November 3, 2009: Resale housing sales continued their strong trend through October with sales of all housing types through the Multiple Listing Service® in October at the second highest level on record (after October 2006). There were 1,535 residential properties sold in October; up 23% from 2008 but down almost 10% from last month which follows the normal seasonal trend of month to ...
Posted by Geneva Tetreault
on November 3, 2009
All through the year, there are activities galore and events to attend in Edmonton!
Edmonton has a strong local arts community with a symphony orchestra, art galleries, an opera company, ballet and dance companies, and dozens of dramatic theatres offering everything from classic to contemporary work. There are venues for jazz, rock and folk music, and the Winspear Centre concert hall is seen as one ...
Posted by Geneva Tetreault
on April 24, 2008
Edmonton, December 4, 2007: The REALTORS® Association of Edmonton reports that housing prices in Edmonton suddenly dropped in November. The largest monthly drop in single family prices so far this year was 3.2% in August. The drop in November was 5. 3%. The residential inventory is still high as compared to historical levels but has dropped throughout November. There were 8,667 residential properties ...
Posted by Geneva Tetreault
on April 24, 2008
Edmonton, November 5, 2007: Edmonton's housing market maintained stable through October with small changes in average prices for most types of residential property. Multiple Listing Service® inventory dropped slightly to 9,577 residential properties available on October 31.
"REALTORS® report that sales activity was very slow at the beginning of October," said Carolyn Pratt, President of the REALTORS® ...
Posted by Geneva Tetreault
on April 24, 2008
Edmonton, February 5, 2008: Resale housing sales in January were almost record setting. The previous record was set at the height of the real estate frenzy in January 2007. The REALTORS® Association of Edmonton reported that 1,227 residential sales were notched last month as compared to 1,175 units in January 2006 and 1,554 units last year.
"Near record January sales indicate that housing sales will ...
Posted by Geneva Tetreault
on April 24, 2008