Category: Uncategorized
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Edmonton house prices have increased by $22,600 this year
A new report shows house prices in Edmonton rose by over $4,000 last month. The minimum annual income needed to buy an average home in Edmonton increased from $84,850 in April to $85,450 in May. Home prices in Edmonton have risen to $392,700 from $370,100 at the start of the year. Calgary saw a bigger…
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How Much Edmonton Homeowners Can Save With Rate Cuts
Interest rates in Canada have been cut for the first time in over 4-yr. This decrease will save Edmonton homeowners an avg of $203/mo on a 5-yr variable rate mortgage.
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Thinking of Relocating? Edmonton Ranks as Top Affordable Choice
A report by Royal LePage ranks Edmonton as the 5th most affordable city in Canada for housing. Affordability is measured by the percentage of income required for mortgage payments.
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Is Edmonton Real Estate Unfazed by Rate Cuts?
Bank of Canada rate cut unlikely to impact Edmonton market significantly; the city's market has remained strong despite previous high-interest rates.Edmonton's housing affordability may improve slightly; the rate decrease could make buying a home a bit more accessible.
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Edmonton Sees 12% Increase Over 5-Yr
Home prices in Edmonton ↑ from ~$344K in 2019 to ~$386K in 2024. This represents ↑ $42K or ↑ 12% in 5-yr.
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Edmonton: A Top Choice for Canadians Looking to Relocate
Edmonton is the top-ranking relocation destination among residents in the Greater Toronto Area and Greater Vancouver.A survey found 19% of respondents from each area shared this sentiment.
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Why Use Mortgage Brokers?
Mortgage brokers offer more choices and competitive rates than banks.Brokers can secure the best terms and rates upfront, unlike banks.
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Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Rent in Edmonton increases 16% annually, higher than most of Canada
Edmonton's rent prices are rising rapidly compared to most of Canada, with a 16.4% increase for one-bedroom apartments and an 11.8% increase for two-bedroom apartments year-over-year. While still more affordable than many cities, Edmonton is experiencing faster rent price growth than other Canadian cities. Continue to full article
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Understanding Mortgage Refinancing in Canada: Legal Insights You Need
Mortgage refinancing in Canada is crucial for homeowners to manage finances effectively. It involves complex legal agreements, so understanding terms, consulting a lawyer, and complying with legal requirements are essential. Protecting borrower rights and seeking legal guidance can lead to a more stable financial future. Continue to full article