Alberta – Homeownership remains quite affordable

The August RBC Housing Affordability Survey has good news for Albertans. Owning a home at market price continues to be quite affordable for Alberta homebuyers despite some increases in ownership costs in the past two quarters. RBC’s measures for all housing types still stood below their long-term averages in the second quarter thereby indicating that…

Property Sales numbers hit double digits #yeg #yegre

You pretty much expect to hit double digits in July in Edmonton, at least if you’re talking temperature. To see double digit increases in the number of property sales is a little more surprising. Edmonton’s Real Estate market didn’t take any time off to go the lake in July. Sales were booming more than dark…

Demand for REALTORS® is increasing #yeg #yegre

By Jonathan Whiting You may or may not be aware of this fact, but more people are choosing to use a real estate agent than ever before. In correlation to the increased demand for real estate agents is the so-called democratization of information – the opening of the web, a.k.a. the Google factor, and the…

Edmonton experiencing robust housing market #yeg #yegre

Edmonton, August 2, 2013: Sales of residential properties are up in double digit increments in all categories when compared to last year, according to the REALTORS® Association of Edmonton. Total residential sales in July were up 24.9% year-over-year with 1,875 sales (1,736 reported). Sales figures are adjusted to account for unreported transactions at month end.…