Edmonton Real Estate Market

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Real Estate Sales Representative - Royal LePage Summit

ARCHIVED BLOG POSTS

2009 

I've included some more question and answers relocation related. Question: What if my employer doesn't pay for the move, are their any savings I can receive? Answer:  This is a question you should ask your accountant.  If you are relocating a certain distance for work reasons Canada Customs and R...
06/27/2009
Each year I work with 10 or more families relocating from other cities and regions of Canada into the Metro Edmonton area.  I've put together a few questions and answers that might be of help should you be relocating. Question: Should I have my home sold first? Answer:  This is a big one.  I high...
06/27/2009
I just came across a "news" article in the Edmonton Journal today.  The title is Mortgage Defaults Soar!!!!  http://www.edmontonjournal.com/Business/Mortgage+defaults+soar/1723557/story.html  I like to present facts and stats, but this stat can be very misleading.   I really had to laugh at some ...
06/23/2009
I was mentioning in a previous post the price ranges that are the most active. I've put together another graph that shows where the market is the most active. Currently close to 50% of the market is under $300,000, 85% of the market is under $400,000. The biggest segment of buyers by far are in t...
06/18/2009
The condo market has strengthened as well.  I've put together another graph showing the condo price increase in the Edmonton real estate market. (Note: the June stats are all based on data up to Jun 15, 2009) Again this clearly shows the impact the upswing in sales and constant listing inventory ...
06/17/2009
Hi again!  I've put together a graph to show the rapid price increases we have seen in the last 60 days in the Edmonton real estate market.  (Note: the June stats are all based on data up to Jun 15, 2009) From the SFD graph it appears as if we hit the lowest price for single family in February of...
06/16/2009
Sales continue to be strong.  Currently we are on pace to sell over 2300 homes this month.  That is even stronger than May (2161).  So, unless things tailoff, we may beat May's numbers.  As for listing inventory, we are currently sitting at 7562 properties for sale.  The number of new listings is...
06/15/2009
Well the stats are out. The market did perform quite well in May as was expected. The main points are:1) May Sales (2161 sales) are consistent with 2005 numbers (before we had our boom in 2006-07). The sales are not recordbreaking but strong. Throughout 2008 we never sold more than 2000 homes in...
06/02/2009
Rainmaker
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Jason Thomas

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