Edmonton Market at a Glance
(July 2022 Average Prices)
Latest in Mortgage News: Rising Prices Spur Talk of Capital Gains Tax on Home Sales
The editorial readily admits it would be the country’s “most unpopular tax,” but suggests it’s a discussion worth having due to the enormous tax-free gains being made by today’s sellers.
Latest in Mortgage News: Rising Prices Spur Talk of Capital Gains Tax on Home Sales
The Department of Finance actually tracks the revenue the government is missing out on by not taxing home equity on principal residences: $7.1 billion this year alone.
Prices to keep soaring in Canada’s undersupplied housing market: Scotiabank
The February data is just another entry in a now eight-month streak of record-breaking sales activity and head-spinning price gains.
Prices to keep soaring in Canada’s undersupplied housing market: Scotiabank
Despite the lockdown measures in place in many regions across the country, Omran wrote in a recent research note that the “stronger-than-expected trend” in the Canadian housing market carried over from 2020 and into 2021.
Record-low Supply and Interest Rates Fuel Record October Home Prices
Sales were up 32.1% year-over-year and set a new record for September by a margin of 14,000 transactions, according to CREA.
Record-low Supply and Interest Rates Fuel Record October Home Prices
The Canadian Real Estate Association reported the average sale price at $607,250 for the month, an increase of 15.2% from a year earlier.Removing the high-priced markets of Toronto and Vancouver, the national average price was $480,250, up 19.5% from a year ago.
With things changing quickly because of this pandemic, home prices and values ar…
With things changing quickly because of this pandemic, home prices and values are also changing quickly. An increase in sales has recently spiked to 9.7% in Edmonton. Check out the simple graph.
How to take advantage of Canada’s growing real estate prices
You might want to consider diving into the world of real estate investment.
How to take advantage of Canada’s growing real estate prices
The world economy may be in shambles, but the Canadian housing market is showing few signs of it. It’s actually doing quite well these days. So much so, that you might consider diving into the world of real estate investment.
Latest in Mortgage News: 2.5 Years for Home Prices to Make New Highs, Says CMHC
The report reiterated the agency’s forecast that house prices could decline anywhere from 9-18%, adding that oil-producing regions could see declines up to 25%.
Latest in Mortgage News: 2.5 Years for Home Prices to Make New Highs, Says CMHC
“Following large declines in 2020, housing starts, sales and prices are expected to start to recover by mid-2021 as pandemic containment measures are lifted and economic conditions improve,” said the housing agency’s chief economist, Bob Dugan.
Alberta home sales decline in March, prices show stability
Central Alberta is the only region in the province to record relatively stable sales in March.
Edmonton rental vacancy rates forecasted to go down, prices expected to rise
You may want to consider buying.
Edmonton rental vacancy rates forecasted to go down, prices expected to rise
Home prices drop again in Edmonton, benchmark lowest in six years: report
These are good news for buyers.
Home prices drop again in Edmonton, benchmark lowest in six years: report