Susan Paulsen | Edmonton Real Estate

Edmonton Real Estate News


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This is what is happening in the Edmonton and Area for Real Estate Market this week.   If you would like an indepth market update for your area please contact me.  


(Previous Weeks numbers appear in brackets)

 

Total New Listings - 636 (479,545)

            Condos - 210 (153,176)

            Single Family Homes - 426 (326, 369) 

Changes in the Market

            Price Changes - 395 (305, 386)

            Expired or off the Market Listings - 284 (243,124) 

Total Solds - 425 (318,413)

           Condos - 156 (121,138)

           Single Family Homes-  269  (197, 275) 

Sales to Listings Ratio - 67%  (66%, 77%)

Current Active Listings - 5406  (5532, 5775)

          &n...

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Here are the monthly real estate stats for Edmonton and its surrounding Area .


Edmonton, September 4, 2013:

 

The local housing market will not feel any pressure from the recent mortgage rate increases, according to the REALTORS® Association of Edmonton. Several of the major banks increased their mortgage rates in August because of changes in the bond market. The higher rate will increase the monthly payments on a typical mortgage or decrease the total amount that a buyer can borrow from their financial institution.

“Buyers applying for a mortgage now may have to buy a slightly less expensive property than before because their qualification amount may be lower,” said President Darrell Cook. “In the short term, any reduction in the number of buyers will be made up by the potential buyers becoming more motivated to buy before their pre-approval period ends.”

The all-residential average* price in the Edmonton CMA in August was up a quarter of a percent from...

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This is what is happening in the Edmonton and Area for Real Estate Market this week.   If you would like an indepth market update for your area please contact me.  


(Previous Weeks numbers appear in brackets)

 

Total New Listings - 479 (545)

            Condos - 153 (176)

            Single Family Homes - 326 (369) 

Changes in the Market

            Price Changes - 305 (386)

            Expired or off the Market Listings - 243 (124) 

Total Solds - 318 (413)

           Condos - 121 (138)

           Single Family Homes-  197  (275) 

Sales to Listings Ratio - 66%  (77%)

Current Active Listings - 5532  (5775)

           Single Family...

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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