As the COVID-19 pandemic continues to spread, economies across the world are taking a hit, and Canada is no exception. Stocks are trending down, interest rates are at lows not seen since the 2008 financial crises, and consumers are anxious about ...

The Edmonton market prices have declined in March and we saw a slight decrease in year-over-year unit sales. Like other regions in the province, the supply levels also declined. Of course, with the outbreak of a global pandemic and a hard ...

Following a slow start to the year, sales activity improved by eight per cent this month compared to last year. The gains in monthly sales was also met with a gain in new listings, but the new listings growth was not enough to derail the trends of ...

Just like any other good or service, the price of real estate is affected by the law of supply and demand. At its most basic level, when demand for homes is high and supply is low, prices tend to higher, and when demand is low, prices tend to be ...

January sales eased slightly compared to last year’s level. Thanks to a significant decline in new listings, inventory levels eased, and the market saw the months of supply ease to under nine months, improvement from last January levels which ...

Stronger sales in the last three quarters helped offset earlier losses, resulting in stable sales activity this year. However, the market was divided with growth occurring mostly for product priced below $300,000. While supply levels are adjusting, ...

Purchasing a home may be the largest and most complex transaction you'll make during your lifetime. It's not an easy process, with many things to take into consideration, the most notable of which is the mortgage. Mortgages come in all shapes and ...

November sales eased by nearly four per cent compared to the previous year making it one of the weakest Novembers since 2012. Despite the pullback, year-to-date sales remain relatively consistent with last year’s level. Edmonton has recently ...

While the improvement in sales has helped contribute to the reduction in inventory levels, overall sales for the year remain comparable to last year and are still below what is considered the norm for the city.At the same time, new listings continue ...

Following a one-month pullback in sales, September sales activity improved over last year’s levels and were just below long-term trends. Year-to-date sales are comparable to last year’s levels, but there has been a shift in the type of ...

How to Turn Your Rental into an Income Stream on Airbnb With the "gig economy" on the rise and the ever-increasing presence of online platforms that bring buyers and sellers together, there has never been a better time to create a second source of ...

Following several months of year-over-year gains, August sales eased in the region, keeping year-to-date sales just below typical levels of activity. While resale demand remains slightly lower than long term trends, the number of new listings ...

Provincial sales eased in August compared to the previous year across all regions except Calgary and Lloydminster. However, slower sales were also met with a pullback in new listings, causing further year-over-year reductions in inventory levels and ...

Recent improvements in fulltime employment combined with easing home prices and stable lending conditions is likely supporting some of the demand growth in the province. However, economic activity does vary by region as some areas continue to ...

Getting the cash together for a down payment is no easy task. In Canada, a minimum of 5% of the purchase price of a home is required for a down payment. For most people, this translates to  a substantial chunk of cash, and one that will be ...

July sales improved by over 10 per cent compared to last year, making it the best July since 2015. At the same time the new listings also eased, helping reduce inventory levels and reducing the oversupply in the market. While the months of supply ...

“The real estate industry has seen a reduction in the number of listings in June,” says REALTORS® Association of Edmonton Chair Michael Brodrick. “Prices, however, remain relatively flat across all categories of homes....

  Renovating your home is fun and exciting. It allows you to bring to life that great idea you've had stashed away, a vision to make your home truly your own. While you may not lack the enthusiasm, you may not have the time or possess the ...

While the number of sales in the Edmonton real estate market gains steam with a modest percentage increase, the market remains sluggish. Uncertainty in regards to the national and global economy as well as mortage stress tests continue to play a ...