Category: Uncategorized
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Edmonton Boosts Budget for Housing, Infrastructure Renewal
Edmonton's 4-yr capital budget ↑ $263M to $10.4B. The increase is mainly for affordable housing projects and infrastructure renewal.
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Edmonton Buyers: 3 Condos and $116K Left
Alberta offers some of Canada's most affordable condo-apartments. Edmonton allows buyers to purchase 3 condos with $116K leftover.
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Happy Canada Day
To all Canadians around the world, a very happy Canada Day to you all. This day commemorates the unification of the three North American British colonies. Canada Day is a celebration of a united Canada and examining its defects, past and present, should not lead us to overlook its strengths. So let’s pour our hearts…
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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.