Home values will survive boomer sell-off: economists #yegre #yeg

Vancouver Sun Home values will survive boomer sell-off: economists It’s a question that can create severe anxiety disorder among baby boomers: who will buy their single-family homes when they decide to downsize into smaller units? Pessimists believe baby boomers will soon flood the market with detached homes as health and financial issues force them to…

Average housing price bumps up 0.8% in July #yeg #yegre

The average price of single family detached homes in Edmonton continues to rise at a slow but steady pace. While condominiums are definitely driving the overall average of residential prices in our city, single family homes did see a slight bump in June. • Average single family home price in June – $402,840. Up 0.8%…

Canadian home sales improve in June – CREA #yeg #yegre

Ottawa, ON, July 15, 2013 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose in June 2013, building on gains recorded over the previous three months. (Edmonton CMA figures in brackets) Highlights: • National home sales rose 3.3% from May to June. (YEG sales up 0.9%) •…