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August 2019

Found 3 blog entries for August 2019.

Good day everyone… Hi it is Serge here from FindMyHouse.ca and eXp Realty and this is your Edmonton Luxury Single Family Home real estate update for the week beginning Aug 19, 2019

 

Well as most people can feel out there we still have a weak local economy. The unemployment numbers are still very soft with really nothing to indicate that they are going to change anytime soon.

Now currently there are 253 active single-family homes for sale over $1,000,000 in Edmonton proper. That number has remained fairly stable ranging from 235 to 263 for the past 90 days.

In the previous 30 days 15 single-family homes sold over $1,000,000 in Edmonton. That number of sales has been on the rise since our recent low of 6 sales in the month of June.  Also

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Good day everyone… Hi it is Serge here from FindMyHouse.ca and eXp Realty and this is your Edmonton Single Family Home real estate update for the week beginning Aug 19, 2019

Well as most people can feel out there we still have a weak local economy. The unemployment numbers are still very soft with really nothing to indicate that they are going to change anytime soon.

Now currently there are 4,237 active single-family homes for sale in Edmonton proper. That number has remained fairly stable ranging from 4,200 – 4,400 for the past 90 days.

In the previous 30 days 741 single-family homes sold in Edmonton. That number of sales has been on the decline since our recent peak of 906 sales in the month of June. This is a pretty normal seasonal slow

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There is a lot of information and questions floating out there about the new First Time Buyer program.

Here are some resources that might be able help you and answer some of those questions.

 

 

Yesterday, the Government of Canada released a number of tools and resources on the First-Time Home Buyer Incentive program page. 

Here’s a list of the items you can expect to find:

  • An Eligibility Calculator to test and evaluate different financial scenarios and view their impact on mortgage payments.
  • A Product Highlight Sheet (PDF) including a summary of key program details in a format that is easy to download, print and share.
  • A Journey Map breaking down the application process step by step.
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