FALL 2020 EDMONTON CONDO MARKET UPDATE // IS THE WORSE BEHIND US OR STILL COMING?

Posted on Oct 23, 2020 in Edmonton Real Estate Market Updates

Our first post as TRIBE Real Estate Co! A massive THANK YOU to our friends, families and clients with their well wishes and patience as we transition over. We are so excited to share with you our passion to modernize the way Real Estate can connect to their communities, agents and clients! Stay tuned and please give @triberealestate.co a quick foll...

FIRST LOOK // ENCORE TOWER

Posted on Oct 21, 2020 in First Look

BRAND NEW MODERN LUXURY ON 103ST IN EDMONTON DOWNTOWN

We had a great time checking out the new Encore Tower by Westrich Pacific Corp. in Edmonton! As the building wraps up, we loved seeing the incredible Downtown views through every floor to ceiling window. Being right on 103 st and 1 block away from the ICE District and Rogers Place, there is incre...

JULY 2020 : Residential Unit Sales Up 77.27% from last month | EREB

Posted on Jul 09, 2020

Edmonton, July 3, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for June 2020 increased 13.69% compared to June 2019 and increased 77.27% from May 2020. The number of new residential listings is up year over year, increasing 16.57% from June 2019. New residential listings are up month over mont...

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...

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...

JUNE 2020 EDMONTON REAL ESTATE MARKET UPDATE | EREB