Why It’s a Great Time to Invest in Real Estate in Edmonton
Recently, there was an article in the Calgary Herald that proclaimed the city of Edmonton has ousted Calgary as the top Alberta market to invest in residential real estate. The study was conducted by the Real Estate Invesment Network, and their findings are another symbol of Edmonton’s promising growth. In addition to surpassing Calgary in […]
Factors to Contemplate When Choosing a City to Live In
Researching different cities to live in is one of the most exciting, yet stressful endeavors of the home buying process. For some individuals and families, the decision of which city to live in is an easy one. Perhaps they are from and have family in a certain city, or they simply need to live in […]
Which Home Renovations are the Best Investments?
When done correctly, home renovations can provide homeowners with both short and long-term benefits. In the short term, homeowners will be able to enjoy the upgrades in their residence on a daily basis. For example, if you choose to revamp your kitchen, you will surely enjoy the extra space when cooking. Or you will enjoy […]
2013 Edmonton housing forecast called “Restrained”
The Realtors Association of Edmonton forecasted “restrained” growth on the resale housing market for 2013 in the Oil City. This comes after continued economic and housing growth in 2012, which is something expected to continue through this year. An article published in the Edmonton Journal says the REA has projected single-family home prices to increase […]
Where do you stand, future Edmonton first-time home buyer?
An interesting article appeared in the Vancouver Sun early in the month from Peter Simpson that used a survey tabulated by the Canada Mortgage and Housing Corp. The survey asked a myriad of questions concerning potential first-time home buyers found that housing affordability in Vancouver is turning into a problem. But Vancouver might not be […]
Edmonton’s continued growth a double-edged sword for first-time home buyers
There’s no question Edmonton has been one of the strongest markets in North American and it will continue to grow as long as long as there’s oil and manufacturing job available. But as Edmonton’s economy and housing market is expected to continue to grow in 2013, what will this mean for first time home buyers […]
Slow, Steady, or Booming…Growth is Still Growth
It’s no secret that Edmonton is experiencing a boom of sorts—in population, jobs, and new houses. 2012 has certainly been a good year. This past Tuesday, Canada Mortgage and Housing Corp. released some final numbers for 2012. As per the Edmonton Journal, “New home starts in the Edmonton census metropolitan area will finish at 12,000 […]
Projected slowdown by chief economist
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,” which is partially due to the maximum amortization of mortgages dropping from 30 years to […]
Edmonton keeps growing and building
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 the CMHC said in a report. That number is up from 820 starts from the […]
