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 […]
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 […]
August report from REALTORS Association of Edmonton released
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 continue through 2013, but the latest statistics from the RAE have shown a bit of […]
Real Estate Market Stays the Course
Susan Jones from the St. Albert Gazette is reporting that St. Albert realtors are optimistic that the stable market is starting to pick up. From the Edmonton Realtors Association first quarter statistics show that this year 182 single-family dwellings sold in St. Albert. That compares to 146 sales in the same three-month period in 2011 […]
Edmonton Housing Project
Tanara McLean from the Edmonton Sun highlights Mike Holmes, a reality TV handyman, who is heading an affordable Edmonton housing project into a $22-million reality. Holmes broke ground on the second phase of the Boyle Renaissance project, which consists of a 90-unit complex that will house Metis seniors and the disabled. “The 120,000-square foot complex-located […]
Western prosperity boosts migration
For many years young graduates have begun to move to larger cities to the east for bigger companies and better opportunities. The Canadian press is reporting that provinces to the west of Ontario have been luring new residents with the promise of new job opportunities and economic strength. Their rate of growth has outpaced Ontario, […]
Canada’s Best Places to Live 2011
Moneysense, Canada’s personal finance website, looks at Canada’s Best Places to Live list. They look at empirical criteriasuch as “housing affordability, incomes, job prospects, crime rates and access to health care.” The information is taken from the Census Metropolitan Areas, Census Agglomeration and Statistics Canada. This list includes every community with a population of more […]
Economic Facts to Consider Before Moving to Alberta
The government of Alberta Canada recently released a new document detailing the state of Alberta’s economy. Across the board, Alberta’s economical statistics are improving. Alberta’s stats are also much better than that of Canada as a whole. The burgeoning economy of Alberta can be seen in the information below. The unemployment rate in Alberta is […]
Historically Low Home Prices in Alberta
The Edmonton Journal reported recently that Alberta was not part of the national surge in the prices of Canadian homes. According to the Journal, prices of homes in Canada rose 5.7 – 7.8 percent this year when compared to the same time last year (the 3rd quarter of 2011). More homes were traded in Alberta […]