Dave Dry Edmonton Real Estate

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 3.45%.  Other banks and lenders are expected to follow suit in the next few ...

This is an interesting article and makes some good points and sense. I agree that if you are thinking of buying a home there may well not be a better time, with oil prices around $100 per barrel and stable the Alberta economy is expected to lead Canadian growth in 2012. A concern I have heard from some is, where am I left if interest ...

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 look like good deals however there are somethings to check out. Payment flexibility: are you ...

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 from all the presenters was that Real Estate is regional, some of what is being reported in ...

Have you ever wondered how much Edmontons most expensive properties are listed for? Here they are the 10 most expensive properties listed in Edmonton on December 19 2011.  11 - $2,000,000 10 - $2,150,000 9 - $2,150,000 8 - $2,499,900 7 - $2,790,000 6 - $2,80,000 5 - $3,280,000 4 - ...

Click twice on graphs to enlarge. In ratio carts December shows 0% as these stats have not yet been ...

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 as Canadians continue to demonstrate their faith in homeownership, despite concerns over ...

Market activity for the month of November 2011 OctoberChange from  to September 2011 October 2011  NovemberChange from  toOctober 2011 November 2011New Listings2,166-419-16.2%1,800-366-16.8%Active listings7,296-766-9.5%6,588-708-9.7%Sales1,170-175-13.0%1,084-86-7.4%Average Sale price*House and Condo ...

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 you are into graphs and statistics this may just be the thing for ...

Should I Buy a Condo?As single family home prices have risen, many consumers have been looking to condominiums as an alternative. First time buyers like the lower prices, which makes entry into the real estate ownership market easier. Seniors like the low maintenance aspect and the ability to be in a community catering to their lifestyle. Others ...