Nooran Ostadeian

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Edmonton Market Update

Edmonton, January 3, 2018: The Edmonton Census Metropolitan Area (CMA) real estate market marked a year of overall stability in 2017. All residential year-to-date unit sales were up 1.50%. In total, 16,441 residential units were reported sold in 2017 as compared to 16,198 in 2016.

Year-to-date prices were also consistent with modest increases throughout 2017. Average single family home prices increased 0.77% to $437,744 and average duplex/rowhouse prices increased 0.12% to $348,225, while average...

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Houses For Sale In Edmonton
Edmonton Market Update

Market Report: October 2017

 
Alberta home down slightly on a year-over-year basis in October 2017
 
Alberta home down slightly on a year-over-year basis in October 2017

Click to download the complete report.


Alberta reported 4,465 units sold through the MLS® systems of real estate Boards in Alberta in October; a decrease of 1.3% from the year prior. This was slightly below the 10-year average for the month, and ended the trend of year-over-year increases in residential...

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Houses For Sale In Edmonton
Edmonton Market Update

Welcome friends, family & clients alike to the November edition of this month newsletter.

 This edition is especially important as we will begin to cover a number of topics that will hopefully leave you better prepared to face the Real Estate market.

 Whether you aspire to purchase a property which suits your needs, or when trying to sell one of your very own, our intent is to support you along the way.

On the buying side, the focus will be on the upcoming (and dreaded) hike in interests...

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Houses For Sale In Edmonton
Edmonton Market Update


Real Estate News


A highly noteworthy and modern piece of legislation known as The Condominium Property Amendment Act (CPAA) will officially go into affect as of January 18th, 2018. It was initially passed in December 2014, but has undergone a period of consultation (open as well to the public until November 10t of this month).

It is described as having the intended purpose of supporting “responsible self-governance of vibrant condominium communities and to protect owners of condominiums.”...

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Houses For Sale In Edmonton
Edmonton Market Update

PART ONE 





PART TWO




Faye Afshar, CFP- SENIOR EXECUTIVE FINANCIAL CONSULTANT INVESTORS GROUP FINANCIAL SERVICES INC., I.G. INSURANCE SERVICES INC. B.A., CFP, RRC Future interest rate hikes are inevitable and mean certain people will not qualify for as big of a house as they previously sought to buy. Nevertheless, the new federal "stress test" will provide safeguards to help mortgage holders weather the changes. Under the measures introduced last October, a borrower had to be approved against a...

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Houses For Sale In Edmonton
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.