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The first 10 days of March

By all apearances the Edmonton real Estate market activity is taking off in the first part of 2010. While I am the first one to be sceptical about statistics early in the month, we have seen an interesting surge in market activity in the first 10 days

How not to pop a non-bubble (National post)

Peter Foster, Financial Post Published: Wednesday, February 17, 2010 The following article is taken from the National post and the link to the article on the national post website is posted at the bottom of the page. For Finance Minister Jim Flaherty

Summary of mortgage changes anounced Tuesday Februaury 16 2010

This article has been taken from the National post website. For more a more in depth article please see the link to the National post website at the bottom of the page. For information on how this may effect you please call your mortgage broker or bank.

January Stats

January Change from December New Listings 1,247 +129 +10.3% Sales 882 -66 -6.9% Average Sale price $301,603 -$3,864 -1.2% House $363,883 -$2,878 -0.7% Condo $239,321 -$4853 -1.9% December Change from November New Listings 1,118 -700 -38% Sales 948 -237

December stats

December Change from November New Listings 1,118 -700 -38% Sales 948 -237 -20% Average Sale price $305,467 $7,231 2.3% House $366,761 -$1,257 -0.3% Condo $244,174 $12,490 5.1% November Change from October New Listings 1,818 -387 -17% Sales 1,185 -350

November Real Estate statistics for Edmonton - where are the prices going?

October Change from September New Listings 2,205 -359 -14% Sales 1,535 -169 -9.9% Average Sale price $300,647 -$8,100 -2.6% House $363,694 -$8,253 -2.2% Condo $237,601 -$7,945 -3.2% November Change from October New Listings 1,818 -387 -1.7% Sales 1,185

Is now the time?

Is now the time to start looking for your new home? Well the answer is both yes and maybe. If you are a buyer without needing to sell property then yes the time is right to start looking. As we head into the holiday season prices tend to wain a little,

November Real Estate Report

November Real Estate Report . September October Change from August Change from September New Listings 2,564 -64 -2.4% 2,205 -359 -14% Sales 1,704 +31 +3.5% 1,535 -169 -9.9% Average Sale price $308,747 +$4,336 +1.4% $300,647 -$8,100 -2.6% House $371,947

September stats

August September Change from July Change from August New Listings 2,628 -136 -4.9% 2,564 -64 -2.4% Sales 1,673 -604 -26.5% 1,704 +31 -3.5% Average Sale price $304,411 -$4092 -1.3% $308,747 +$4,336 +1.4% House $366,788 -$5,953 -1.6% $371,947 +$5,159 +1.4%

Re/Max bricks and motar report State of the market

Below is an excerpt from the Re/Max 2009 bricks and mortar report on the state of the market.For the full report click here . I think that it sheds light on, and summarizes, the market behavior of late. Economic stability, rock-bottom interest rates and

What is fair market value?

With the market heating up, fair market value and what a propriety will sell for seems to change almost daily at the moment. Ultimately a properties value is what someone will pay for it. When you are buying or selling a home, naturally, your most important

Mortgage rates on the rise

Mortgage rates are on the rise again for the third time in two weeks. It would appear that an end to the lowest mortgage rates in 25 years may be near. Mortgage rates are more closely tied to bond rates than the bank of Canada prime rate, as such when

May market numbers

April May Change from March Change from April Listings 3019 +240 8.6% 3180 +167 5.3% Sales 1843 +543 41.7% 2161 +318 17.3% Average Sale price $294,703 +$3,332 1.1% $306,203 +$11,500 3.9% House $353,386 +$2,429 0.6% $367,672 +$14,268 4.0% Condo $236,020

Prices on the rise.

May market numbers March April Change from February Change from March Listings 2779 +112 4.0% 3019 +240 8.6% Sales 1300 +225 17.3% 1843 +543 41.7% Average Sale price $291,371 +$4,288 1.5% $294,703 +$3,332 1.1% House $350,957 +$3,648 1.0% $353,386 +$2,429

Terra Losa goes pending in 5 days

I listed this property on Saturday and received an accepted offer on Wednesday. Is this a common occurrence or just luck? I am hearing more stories like this from others in this profession, as the market stabilizes. But what helps a property sell? Of
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