Edmonton Real Estate Statistics - May 2023
The Edmonton real estate market in May 2023 was characterized by:
Rising interest rates, which have made it more expensive to borrow money for a home.A slowdown in the economy, which has led to job losses and a decrease in consumer confidence.An ...
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Posted by Gerard Hagan on June 7, 2023 in Edmonton Real Estate Statistics
Canadian Home Ownership Rates from 2016 to 2022
Back in 2017, we shared how, for the first time in forty-five years, Canada experienced a fall in home ownership rates in 2016. Today, we'll revisit that news, along with an update to see where things stand in 2022.
Are you put off from home ...
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Posted by Gerard Hagan on February 18, 2022 in Edmonton Communities
Edmonton Tax Assessment vs Market Value
Have you ever wondered about Edmonton tax assessment vs market value? What do these terms mean, and how are they different? You'll find out in today's post! Paying property taxes, some say, is the beauty of owning real estate. At times, we meet ...
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Posted by Gerard Hagan on November 12, 2021 in Edmonton Real Estate
Edmonton Real Estate Statistics - February 2021
“The Edmonton market in February saw a significant increase in year-over-year residential unit sales as well as month-to-month sales,” says REALTOR®S®® Association of Edmonton Chair Tom Shearer. “There have also been more sales ...
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Posted by Gerard Hagan on March 2, 2021 in Edmonton Real Estate Statistics
Edmonton Real Estate Statistics - January 2021
“The Edmonton market in January saw an increase in year-over-year residential unit sales as well as month-to-month sales,” says REALTOR®S®® Association of Edmonton Chair Tom Shearer. “There have also been more sales of ...
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Posted by Gerard Hagan on February 2, 2021 in Edmonton Real Estate Statistics
Edmonton Real Estate Statistics - December 2020
“The Edmonton market in December saw an increase in year-over-year unit sales, compared to a decrease in month-to-month sales,” says REALTOR®S®® Association of Edmonton Chair Tom Shearer. “There have also been more sales of ...
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Posted by Gerard Hagan on January 4, 2021 in Edmonton Real Estate Statistics
What to Know About Edmonton Condos for Sale: Condominium Insurance
After months spent planning your finances, visiting condos for sale in Edmonton, and talking to real estate agents, you've finally zeroed in on the condominium of your dreams. All you need to do now is purchase insurance to keep your dream home ...
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Posted by Gerard Hagan on December 11, 2020 in Edmonton Real Estate
Edmonton Real Estate Statistics - November 2020
“The Edmonton market has seen an increase in year-over-year unit sales, compared to a decrease in month-to-month sales,” says REALTOR®S®® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of ...
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Posted by Gerard Hagan on December 3, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Statistics - October 2020
The Edmonton market prices have seen an increase in year-over-year unit sales, compared to a slight decrease in month to month sales. Single family homes averaged 47 days on the market, a twelve-day decrease from last year. Condos decreased to ...
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Posted by Gerard Hagan on November 2, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Statistics - September 2020
The Edmonton market prices have seen an increase in year-over-year unit sales, compared to a month to month sales decrease. “There have also been more sales of single-family homes compared to August of last year, while we’ve seen ...
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Posted by Gerard Hagan on October 4, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Statistics - August 2020
The Edmonton market prices have a slight increase in year-over-year unit sales, as well as month to month sales increase. There have also been more sales of single-family homes, condos and duplexes compared to July of last year. Overall, ...
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Posted by Gerard Hagan on September 7, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - June 2020
The Edmonton market prices have declined in June, however there has been a slight increase in year-over-year unit sales,” says REALTOR®S®® Association of Edmonton Chair Jennifer Lucas. “There have also been more sales of ...
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Posted by Gerard Hagan on July 6, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - March 2020
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 ...
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Posted by Gerard Hagan on April 3, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - February 2020
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 ...
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Posted by Gerard Hagan on March 3, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - January 2020
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 ...
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Posted by Gerard Hagan on February 3, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - December 2019
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, ...
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Posted by Gerard Hagan on January 8, 2020 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - November 2019
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 ...
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Posted by Gerard Hagan on December 4, 2019 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - October 2019
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 ...
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Posted by Gerard Hagan on November 11, 2019 in Edmonton Real Estate Statistics
Edmonton Real Estate Stats - September 2019
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 ...
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Posted by Gerard Hagan on October 14, 2019 in Edmonton Real Estate Statistics
July 2019 Alberta Average Home Prices
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 ...
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Posted by Gerard Hagan on August 27, 2019 in Edmonton Real Estate Statistics