There’s definitely a demand… #yeg, #yegre

…for lower priced properties in Edmonton right now, and Condos are clearly becoming an attractive option for buyers. Condo sales in our city were up 11% in the first quarter of 2014, over the same three month period last year. Despite that, Condo prices weren’t really any higher in March than they were a year…

Blink and you would have missed it. #yeg, #yegre

Just like that, the first quarter of 2014 has come and gone. And in the opening months of the year, buyers and sellers weren’t missing the chance to get involved in the Real Estate market! Sales of all types of property were up from the same time last year. Single family home sales were up…

How does the YEGisHome.ca community score system work?

How does the YEGisHome community score system work?  The YEGisHome ranking system is continuing to grow. It cannot capture everything for everyone. The value of a particular element will vary from person to person. We have engaged a social research firm to provide us with some neighbourhood narratives which will better capture the essence or feel of a neighbourhood,…

Lack of Housing Information

Benjamin Tal, the chief economist at CIBC, has been making noise about the lack of complete information available about the Canadian housing market. His laundry list of information that’s missing includes the share of foreign investors in the condominium market, the distribution of mortgages by credit score and the average down-payment. Much of the pricing…