November sales down less than 3% from last year

Monthly Statistics Quarterly Statistics Edmonton, December 2, 2015: Edmonton’s housing market saw strong sales numbers in November. November’s all residential reported sales were down only 2.9% year-over-year (YoY), a notable improvement compared to October 2015 numbers which saw a 15% drop compared to October 2014. The average residential sales price in November for the Edmonton…

Year-over-year prices steady, up over 1%

Monthly Statistics Quarterly Statistics Edmonton, November 3, 2015: The outlook for Edmonton’s housing market remains stable. The average residential price in October for the Edmonton Census Metropolitan Area (CMA) is up 1.72% year-over-year (YoY) despite reported sales being down 15%. Single family sales are down 14%, with prices up 3% YoY. Condo sales are down…

Prices Remain Virtually Unaffected by Dip in Sales

Monthly Statistics Quarterly Statistics Edmonton, October 2, 2015: The average residential price in September for the Edmonton Census Metropolitan Area (CMA) is down less than 1% year-over-year (YoY) despite reported sales being down 6.76%. Single family sales (down 9.72% YoY) and condo sales (down 9.07%) continue to be down over levels reported in September of…

REALTORS® Association of Edmonton Seeks Increase in HBP

Edmonton, September 15, 2015: The REALTORS® Association of Edmonton is urging all federal candidates to support an increase to the maximum borrowing amount available to consumers through the Home Buyers’ Plan (HBP). Some parties’ failure to support expansion of this program indicates that they do not recognize the fundamental role of real estate transactions in…

Prices dip as result of higher inventory

Monthly Statistics Quarterly Statistics Edmonton, August 4, 2015: Prices for all residential properties in the Edmonton Census Metropolitan Area (CMA) for July were down from the previous month according to the REALTORS® Association of Edmonton. The average all residential price was $372,910 (down 1.4% from June) due mostly to the drop in price of single…

REALTORS® Association of Edmonton Appoints New President and CEO

Edmonton, August 4, 2015: The REALTORS® Association of Edmonton’s Board of Directors has named Michael Thompson as their new President and Chief Executive Officer. Mr. Thompson replaces Ron Hutchinson who served as the Executive Vice President of the Association for the past 23 years. Michael Thompson is a business and public policy executive with over…