Re/Max, an international real estate company, came out with its 2012 report, and said Edmonton’s real estate market was “quite healthy.” It’s a moderating trend, slow and steady so to speak, with a report showing that residential sales should improve…
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Benjiman Tal, deputy chief economist at CIBC, predicts a bit of a slowdown next year, with growth of only 4 per cent compared to 6 per cent of this year. Tal said it’s “a reflection of a slowing housing market,”…
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As Edmonton’s population continues to grow, so does start of new builds. New home starts sustained its growth like the Canadian Mortgage and Housing Corporation said it would back in August, beginning work on 1,304 homes in the Edmonton area…
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Royal LePage, one of Canada’ largest real estate agencies, announced its third quarter report recently and has reviews the Ministry of Finance was probably looking for when they dropped the maximum amortization period for insured mortgages from 30 years to…
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The outlook continues to look good for Western Canada, specifically Edmonton and Calgary. In a press release from the Conference Board of Canada projected Edmonton and Calgary to be the “fastest growing metropolitan areas in Canada – not only in…
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REALTORS Association of Edmonton released August statistics yesterday and compared to the picture painted by the Canadian Mortgage and Housing Corporations predictions of 2013, it was a confusing image. In the previous post, the CMHC said a moderate growth would…
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Last week, the Canadian Mortgage and Housing Corporation painted a pretty picture of continued growth in Edmonton, which couldn’t be said for the rest of the country. Its report released every quarter, noted housing starts and resales in Edmonton are…
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They may not be building homes, but houses are being sold. A Tuesday report from Reuters said both housing permits and non-housing permits in British Columbia and Alberta were both down in June. But in July, Dave Cooper from the…
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For those of you seeking to sell your home, this article offers some good advice to make the process a little easier, in spite of the bad math (40% + 20% + 20% = 100% ?). The truth is, emptiness…
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In an already shaken up Edmonton real estate market, more restrictions will be put into place at the government level. Effective Monday, July 9th government-insured mortgage rules will change, according to Edmonton Journal. This change will make some potential buyers…
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