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 […]

Re/Max weighs in on Edmonton’s market, and it’s good news

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 over 17,500 in 2013. In 2012, sales are expected to finish around the 17,100 range, […]

Canadian home prices up; Sales drop

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 25 years. Despite the sale prices for a detached Canadian home is up, there’s been […]

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 […]