Monthly Updates

Anthony Henday Update

Edmonton’s Convenient Ring Road Will Soon Reach Fruition The city of Edmonton is surrounded by a ring road, Anthony Henday Drive. Its proximity to highways ensures convenient out-of-town travel. The roadway joins with Highway 2 (for traffic heading North or South) and Highway 16 (for traffic moving East and West). The road, in its final

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Spring Sales Slower but Steady

May 1st! So another set of Edmonton Real Estate data is available if you’re a REALTOR® or work at the board. We will quickly give our analysis for the month of April. 798 single family homes were reported sold in the month of April – down 6.4 %  Condo Sales took a bad beating down 13%

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Ritchie Market Update

If you’ve driven past the intersection at 76 ave & 96 st in the last 6 months or so you’ve probably noticed something going on. A lot of construction, but not the type of construction that holds up traffic, has continuous delays and just seems like it never gets finished. We’re talking about a Project

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February MLS® Real Estate Data

It is the first week of a new month and that means we have a fresh set of MLS® data for last month. (February) And we’re not going to sugarcoat anything here at The Edmonton Real Estate Report. If there was a quick phrase to summarize the month of February for Edmonton’s real estate market it

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Inventory Up Again – And Sales Continue to Slide

Buying with Caution  It seems Home Buyers in the Edmonton & surrounding areas are continuing to watch the market with caution. The REALTORS® Association of Edmonton has released their numbers for the month of January 2016. 5,751 properties were for sale on the MLS® System for the Edmonton Census Metropolitan Area at the end of

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Inventory up, Sales Down

Sales Down 9% from 2014 The numbers are out! The inventory on the Edmonton Real Estate market has increased as the number of sales have declined. Sales of residential property through the Edmonton Multiple Listing Service® (MLS®) System in 2015 in the Edmonton CMA were down 9% from 2014. However duplex and row house sales

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November Real Estate Report

For Sale for a bit longer. Average days on market for single family homes stayed virtually stagnant at 56 days, the same as October and up only one day (55) from November 2014. Condominiums averaged 62 days on market while duplex/rowhouses took an average of 57 days to sell, an increase YoY of 7 and

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