housing: Edmonton winning economic battle with Calgary EDMONTON JOURNAL - 12/05/12 02:16 PM

EDMONTON - Edmonton’s economy and housing market have been improving and are outperforming Calgary on several fronts, according to an analysis from the Conference Board of Canada.
These yardsticks include faster economic and house price growth this year, along with more housing starts in four of the past five months. The city’s housing markets should remain buoyant, fuelled by healthy population advances, said Robin Wiebe, senior economist with the board’s Centre for Municipal Studies.
Edmonton’s relatively large public administration sector — twice the size of Calgary’s as a share of total output — helps balance the local economy and has … (1 comments)

housing: Everyone Has a Fever - 02/01/12 11:53 PM
 
It sure feels like Spring Fever has hit early this year. I think it’s due to two major factors, one being the weather, and the other is just pent up pressure that the market has. How can you not feel good when you spent the last 3 months mentally preparing yourself for minus 30°C of bone chilling cold and it doesn’t even come close.
 
 
Its February now and March is often thought of as the first month of spring. I don’t know about you but knowing that spring is only a month away makes me feel warm inside. … (4 comments)

housing: Local housing market figures make homeowners smile - 10/18/11 02:20 PM
Edmonton, October 4, 2011:
The owners of single family homes in Edmonton and area have seen the value of their property increase more than many other investments. While the stock market and dollar have plunged recently and interest on savings accounts is minimal, local homeowners are seeing a five percent increase in the value of their residential property this year. Compared to prices on December 31, 2010, a single family dwelling has increased on average* 5.1% and a condo has increased 4.7%."REALTORS® remain optimistic about the future of the local market," said REALTORS® Association of Edmonton President Chris Mooney. "In January, … (1 comments)

housing: Edmonton housing affordable when compared to national figures - 09/29/11 12:40 PM
The Canadian Real Estate Association released national housing figures today and show that Canadian home sales hold steady in August.Compared to national housing prices released by CREA today, the Edmonton market is affordable. While the average price for a home nationally is $349,916, the local homebuyer will find an average priced home for just $324,217. Of course prices will vary from neighbourhood to neighbourhood. Nationally housing prices have jumped up 7.7% over a year ago, while locally prices have dipped about a third of a percent from August 2010.According to the REALTORS® Association of Edmonton the local market is balanced with … (0 comments)