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Fall Maintains Summer Heat in Edmonton Market

• Monthly Statistics
• Quarterly Statistics

Edmonton, October 2, 2014: Reports of the impending burst of the so called “housing bubble” have homeowners looking closer at housing prices this month. While it makes for an exciting story, the numbers just don’t back up the claim. Edmonton Census Metropolitan Area (CMA) continues to see the stable market we have enjoyed over the past few years.

The steady gain year-over-year in housing prices is reflective of a stable and strong market. Average prices, listings, and sales are all up from September of last year. The average days on market for residential properties remained the same as August at 49 (down from 54 days the same time last year). While inventory is still down 6% from September 2013.

The average price for a single family dwelling (SFD) in the Edmonton CMA in September stayed strong at $435,584 (down a mere 0.04% from August). Condos were down 3% month over month...

(NC) The best tool maintenance requires a little servicing before you store them away, not after.

“It is not uncommon for people to forget this helpful rule-of-thumb,” says Michelle Sordi, director of marketing at Husqvarna Canada, a worldwide leader in outdoor power products. “Spending some time preparing your tools for storage will go a long way, saving you time and money come spring.”

These tips from the pros will ensure a hassle-free start next year:

• Give it a clean: The fluid left by cut grass is very corrosive, so it is important to clean gardening tools and mowers, especially before storage. Look for mowers with a water hose connector, allowing for easy cleaning of the cutting deck.

• Drain the fuel: Gasoline left in fuel tanks over the winter will break down; leaving deposits and build-up that will plug the fuel system. Before you pack power equipment away, make sure you drain any leftover fuel.

• Tune up: For...

Buying A Fixer-Upper: Are You Ready For The Work

Always dreamed of renovating a home exactly to your specifications, or have you found an older house that is structurally sound but needs a lot of work inside?  Perhaps the price is right and you can’t resist all that house you can get for your money.  Whatever the reason, buying a fixer-upper can be both an exciting and rewarding purchase or a financial and time consuming disaster, depending on whether you are prepared for what you have gotten yourself into.  So what should you know before buying a home that requires a little or a lot of tender loving care?

Home renovations before and after

The Benefits

The benefits of purchasing a fixer-upper are obvious.  The price is usually right, and if the seller wants a quick sale because of decreased interest in the home, you may be able to negotiate a really great price.  Also, if you intend to flip the home after the renovations, the profit...