Maybe in a typical year…

In a typical year, in a typical real estate market, we usually expect to see the strongest prices of the year in May or June. Surprise! In 2013 the highest average monthly prices for single family homes were in December, half a year removed from our typical peak! Average single family home price in December…

Canada’s Housing Market compared to Edmonton

The Globe and Mail reported on the national CREA News Release that: “Three consecutive months of mild declines suggest that Canada’s housing market is slowly losing momentum, leading some observers to predict the soft landing that policy makers have been hoping for. The number of homes changing hands continues to run higher than many economists…

Was it the low mortgage rates? #yeg #yegre

Maybe the strong job market here in Edmonton made the difference. The truth is, there were several factors that contributed to a strong year in Edmonton’s real estate market. As our city grows, our real estate market is growing with it. 2013 saw strong activity in home sales, as both the number of sales and…