Category: Uncategorized
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Here’s how you can take the stress out of buying your first home
BlueShore Financial's expert advisors specialize in helping first-time homebuyers achieve their dreams. They provide accurate information, establish budgets and goals, and offer various financial options. Advisor Mirena Velikova assists clients in navigating the complexities of home ownership, including potential blind spots. She educates clients on savings plans, RRSP withdrawals, insured mortgages, and family support options…
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Family Life Insurance in Alberta
Life insurance provides financial security for monthly essentials, safeguarding your family’s lifestyle in the event of your passing.Alberta families should consider life insurance coverage to account for child-rearing costs and future education expenses.
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Insurance in Alberta – Overview
The Office of the Alberta Superintendent of Insurance oversees regulatory compliance in the insurance sector, ensuring fair treatment of consumers. Key responsibilities include responding to inquiries, conducting insurer examinations, and developing insurance policy. Recent updates include changes to the Minor Injury Regulation effective January 1, 2025, and alerts about fraudulent insurance agents. The office also…
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Alberta’s $4.6B Surplus: Strong, but Fragile
Alberta forecasts a $4.6B surplus for the fiscal year ending March 31, 2025, but faces uncertainties. Alberta relies on oil prices, with every $1 drop in WTI costing the province $630M.
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Edmonton Rent Climbs 4.5%, Slower Growth Ahead
Edmonton rent prices ↑ 4.5% annually, with one-bedroom averaging $1,355 in December 2024. Rent prices are lower than November, with one-bedroom rents ↓ 2.1%.
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9% Price Growth Coming to Edmonton Homes by 2025
Edmonton’s home prices are projected to rise 9% annually, reaching $494,860 by Q4 2025. The city remains affordable compared to national averages, supporting strong buyer activity.
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Alberta Home Insurance Costs Surge
Home insurance premiums rise due to a 73% increase in construction expenses and frequent natural disasters.Alberta faces an annual shortfall of 28,000 skilled construction workers, further increasing rebuild and repair costs.
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Edmonton’s 2025 Boom: Lower Prices, High Demand
Edmonton’s Real Estate market is expected to favour sellers with growing demand and limited supply in 2025. Home prices in Edmonton ↑ 7.7% in 2024, with an avg price of $432K.
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Alberta Reviews Construction Rules
Alberta forms a Construction Codes Working Group to streamline housing development while maintaining safety and quality standards.Focus areas include simplifying secondary suite regulations and single-stair apartment designs to ease construction efforts.
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Edmonton’s 2025 Property Tax Hike Set at 6.1%
Edmonton city council agrees on ↑ 6.1% property tax increase for 2025, down from 8.1%. The avg household will pay $813/$100K of home value, ↑ $47 increase.