LATEST NEWS

CMHC MORTGAGE RULES CHANGES EFFECTIVE JULY 1, 2020 WITH TATUM NEUFELD 

Posted on Jun 13, 2020


Genworth and Canada Guaranty Won't Adopt CMHC's New Mortgage Rules

Written by Tatum Neufeld

Following the announcement of CMHC’s new mortgage rules last week, Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed yesterday they will not be following CMHC’s lead.
“Genworth MI Canada Inc….confirms that it has no plans to c...

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JUNE 2020 : DOWNTOWN EDMONTON CONDOMINIUM MARKET AMIDST COVID 19 ALBERTA RELAUNCH

Posted on Jun 11, 2020

In Edmonton right now:

  • There are currently 2,247 active condo listings
  • Average DOM (Days on Market) is 72 days with an average listing price of $275,618
  • 200 listings sold last month with an average DOM of 72 days and an average sale price of $193,097 (listing price of $203,098)
  • We have 11.23 months of inventory with buyers and sellers negotiating 95.1...

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JUNE 2020 EDMONTON REAL ESTATE MARKET UPDATE | EREB

Posted on Jun 11, 2020

Residential Unit Sales Up 54.27% from last month.


Edmonton, June 2, 2020: 
  • Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for May 2020 decreased 41.51% compared to May 2019 and increased 54.27% from April 2020. 
  • The number of new residential listings is down year over year, decreasing 20.88% from May 2019...

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BLACK LIVES MATTER.

Posted on Jun 08, 2020


The images of police knees on top of George Floyd sickened me to the core. Like many of you, seeing this video of the death of yet another black man in the hand of police custody brought out raw anger, frustration and disappointment. Yet, equally similar, an eerie feeling of normalcy as it happens far too often all over not just in the US but in Ca...

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MAY 2020 DOWNTOWN & OLIVER EDMONTON CONDOMINIUM MARKET UPDATE

Posted on May 11, 2020

In Edmonton right now:

  • There are currently 2,046 active condo listings
  • Average DOM (Days on Market) is 78 days with an average listing price of $274,752
  • 133 listings sold last month with an average DOM of 72 days and an average sale price of $226,095 (listing price of $238,086)
  • We have 15.38 months of inventory with buyers and sellers negotiating 94.9...

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MAY 2020 EDMONTON REAL ESTATE MARKET UPDATE | EREB

Posted on May 11, 2020

Residential Unit Sales Down 55% from this time last year.

Edmonton, May 4, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for April 2020:
  • Decreased 55% compared to April 2019 and decreased 35.68% from March 2020. 
  • Number of new residential listings is down year over year, decreasing 46.37% from Apri...

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