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Tuesday, February 07, 2012 9:26 AM

Banks rolling back mortgage discounts

The banks have started to roll back interest rates. RBC has raised its five year rate to 3.39% from 2.99% early, this promotional rate was initially intended to end February 29. BMO has also increased its rates on 5 year closed mortgages from 2.99% to
Posted by Dave Dry | 0 Comments
Thursday, February 02, 2012 5:36 PM

February Newsletter

December Change from to November 2011 December 2011 January Change from to December 2011 January 2012 New Listings 1,085 -715 -39% 2,441 1,356 55.5% Active listings 5,316 -1,272 -19% 5,303 13 -0.24% Sales 827 -257 -23% 881 54 6.1% Average Sale price *House
Posted by Dave Dry | 0 Comments
Tuesday, January 17, 2012 6:39 PM

Mortgage rates at an all time low.

Mortgage rates hit an all time low with BMO offering a five year fixed rate of 2.99% the lowest rate in modern Canadian history. TD and RBC followed suit by cutting their 4 year rates to 2.99%. Now here is where a good thing can go south quickly. These
Posted by Dave Dry | 0 Comments
Wednesday, January 11, 2012 6:03 PM

2012 Edmonton Realtors housing forecast

Today I attended the 2012 version of the Realtors Housing forecast. This is an event hosted by the Realtors association of Edmonton where a number of presenters recap the previous year, but more importantly look to the year ahead. The resounding message
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Wednesday, January 04, 2012 1:27 PM

January Newsletter and December stats

November Change from to October 2011 November 2011 Change from to November 2011 December 2011 New Listings 1,800 -366 -16.8% 1,085 -715 -39% Active listings 6,588 -708 -9.7% 5,316 -1,272 -19% Sales 1,084 -86 -7.4% 827 -257 -23% Average Sale price *House
Posted by Dave Dry | 0 Comments
Tuesday, January 03, 2012 5:09 PM

What the analysts are saying about the 2012 real Estate market

This an interesting article. I agree with most points, I think that given current developments in Iran in regards to the strait of Hormuz this may increase the price of oil sooner rather than later. This could really fire up the Edmonton market. Taken
Posted by Dave Dry | 1 Comments
Tuesday, December 06, 2011 9:02 PM

Re/Max 2012 housing outlook

Kelowna, BC (December 6, 2011) ; Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012
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Sunday, November 27, 2011 3:52 PM

R.B.C. Housing trends and affordability 2011

R.B.C. This week came out with their housing trends and afford ability report for 2011. It puts Alberta as the most affordable place in Canada to own a home. R.B.C has compiled statistics from across the country and created a comprehensive document. If
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Attachment(s): R.B.C. housing affordability.pdf
Thursday, September 29, 2011 7:53 PM

Canada-U.S. house price gap widens

Please keep in mind while reading the following article that the Canadian average price is bieng bolstered by historicly high prices in Vancouver and Toronto. As of August 30 2011 the average Edmonton home ( detached, condominium and duplex / townhouse)
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Wednesday, August 10, 2011 9:13 AM

Stock markets down what does this mean?

Since the beginning of the week we have seen stock markets falling, how will this affect the housing market in Edmonton? Stock markets are the indicator of confidence in the economy. Investors have, in the last week sold in response primarily to the degrading
Posted by Dave Dry | 0 Comments
Tuesday, February 08, 2011 5:54 PM

Re/Max Market barometer

‘Wild card’ props up Canadian housing markets over past decade Inventory remains key to stability in 2011 Click here to view in video format. Tighter inventory levels helped to make the last decade one of the healthiest periods on record for
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Wednesday, January 12, 2011 4:21 PM

2011 housing forecast

The 2011 housing forecast was held this morning by the Realtors association. This year the presenters where all on the same page and optimistic for 2011. Just to set the stage a little lets take a look at where we are in the big scheme of things. If you
Posted by Dave Dry | 0 Comments
Tuesday, January 04, 2011 5:29 PM

January newsletter and December stats.

Market activity for the month of December 2010 November Change from October to November 2010 Change from November to December 2010 New Listings 1,811 -340 -15.8% 965 -846 -46% Active listings 7,005 -351 -4.7% 5,721 -1,284 -18.3% Sales 1,071 -28 -2.6%
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Wednesday, November 03, 2010 9:41 AM

2010 CMHC consumer survey

The key findings for the survey show that: The Internet is an important tool for mortgage consumers A significant proportion of consumers seek information on mortgage options prior to making a purchase decision and the Internet is becoming a prevalent
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Thursday, September 02, 2010 12:30 PM

Edmonton is a buyers market.

This article was taken from the Edmonton Journal dated September 1 2010 with reference to a CMHC housing report dated August 31 2010. This article and the referenced report reflects a slowing of sales through the end of 2010 and increasing in 2011. While
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