Kerri-lyn Holland
RE/MAX RIVER CITY
301-10171 Saskatchewan DR, Edmonton, Alberta
P: 780.439-7000
F: 780-439-7248
Email
RE/MAX RIVER CITY
301-10171 Saskatchewan DR, Edmonton, Alberta
P: 780.439-7000
F: 780-439-7248
Friday, September 3, 2010 - Real Estate Update
Edmonton, September 2, 2010: The REALTORS® Association of Edmonton reports that the average price of single family property in the Edmonton area has softened with a small drop for the second consecutive month. Prices were plateaued at just over $388,000 from March to June. Condominium prices have dropped steadily from their high point of $353,000 in April and are down another 2.99%. “Despite the two month drop, single family homes are still priced a bit higher than they were at the same ...
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posted in General
at Fri, 03 Sep 2010 10:30:45 -0600
Tuesday, August 24, 2010 - Housing Trends and Affordability
Robert Hogue, Senior Economist, RBC May 2010
Affordability erodes again in the first quarter of 2010 Canada’s housing markets started 2010 the same way they ended 2009; firing on all cylinders. While a boon to sellers, the resulting strong home price increases, however, have hurt housing affordability across the country. At the national level, RCD affordability measures rose for the third consecutive quarter, moving up between 0.4 and 0.9 percentage points, depending on the housing type ...
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at Tue, 24 Aug 2010 17:56:05 -0600
Monday, August 23, 2010 - Mortgage Information for First-Time Buyers
Mortgage Specialist: Taizeel Adatia, CA, MPAcc.
Services Offered: *Tailored mortgage product(s) that suits your needs based on individual income, financial and investment goals; *Tax advice provided for individuals that own rental or investment properties; and *Solutions provided to help reduce debt and refinance current mortgages
Myth Buster: A Mortgage Broker can deal with any large bank (ATB, TD, Scotia..) as well as a number of smaller lenders and there is NO OBLIGATION or COST TO YOU. ...
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at Mon, 23 Aug 2010 16:26:39 -0600
Wednesday, August 11, 2010 - Forget Market Timing, It's All About Life Timing
Garry Marr, Financial Post • Wednesday, Jun. 9, 2010
'You know, you're making the biggest mistake of your life. The housing market is going to fall." I got this great piece of advice from another journalist at the Financial Post, who has since left the newspaper, after buying my first home. Not exactly the type of thing you want to hear after taking on huge debt and making the biggest financial decision of your life. Lucky for me, I didn't heed that advice about Toronto's red-hot real es ...
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at Wed, 11 Aug 2010 17:53:15 -0600
Monday, July 5, 2010 - Real Estate Market Update
Edmonton, July 5, 2010: REALTORS® report normal client activity in the Edmonton real estate market with listings, showings and sales. The residential inventory is approaching record levels set in 2007 but prices held steady in the second quarter with the expectation that they will soften as usual through the fall and early winter.
“There was less external pressure on the market from incentives or rate changes last month and as a result the market seems to be operating in a normal controll ...
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at Mon, 05 Jul 2010 14:59:02 -0600
Monday, June 7, 2010 - Real Estate Market Update
Edmonton, June 2, 2010: The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008.
“Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “Many buyers ex ...
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at Mon, 07 Jun 2010 13:34:54 -0600
Monday, June 7, 2010 - Real Estate Market Update
Edmonton, June 2, 2010: The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008.
“Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “Many buyers ex ...
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posted in General
at Mon, 07 Jun 2010 13:34:46 -0600
Tuesday, May 4, 2010 - Real Estate Update
Edmonton, May 4, 2010: April is the start of the busy second quarter for real estate, and resale housing sales were down over the same month last year according to a report issued by the REALTORS® Association of Edmonton. Average* prices of single family houses moved down compared to a month ago but were up by 8.2% from last year. Condominium average prices moved up from last month and were up 7.0% from April 2009.
“There were three increases to interest rates and changes to mortgage qual ...
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at Tue, 04 May 2010 12:04:09 -0600
Wednesday, April 7, 2010 - Real Estate Update
Edmonton, April 6, 2010: Housing figures released by the REALTORS® Association of Edmonton for March and the first quarter of 2010 show that resale housing prices are up; listings and sales are up. “There is consumer confidence in this market and both buyers and sellers appear eager to enter the housing market,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “Prices are up about 10% from a year ago and sellers are eager to take advantage. Buyers ar ...
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at Wed, 07 Apr 2010 15:34:56 -0600
Thursday, March 4, 2010 - Real Estate Update - March 2010
Edmonton, March 2, 2010: Prices for residential property sold through the Edmonton Multiple Listing Service® changed marginally through February. Sales activity, however, was up dramatically when compared to last month or the same month last year.
The average* single family dwelling price was $369,573 for February up just 1.4% from January; 5.6% from a year ago. Condominium prices dipped 3.8% in the month from $240,686 to $231,530. Duplex and rowhouse prices were up 3.3% to $315,390.
“W ...
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posted in General
at Thu, 04 Mar 2010 13:01:18 -0700
Wednesday, February 3, 2010 - February Real Estate Update
Edmonton, February 2, 2010: Single family homes sold through the Edmonton Multiple Listing Service® System sold on average for the same amount in January as at year-end while condominium prices dipped 2%. Month-to-month sales slowed by 6.8% as compared to December but the number of new listings in January doubled the December numbers.
The average* residential price was $314,783 for January, down 1.4% from last month and down just 0.7% from a year ago. Single family home prices on average were ...
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at Wed, 03 Feb 2010 08:12:41 -0700
Thursday, January 21, 2010 - Recovery to Pick Up, Bank of Canada Says
The bank of Canada has slightly raised its projection for growth in 2011, saying the Canadian Economy will benefit from a faster-than-expected recovery in the U.S.
Click here to read more...
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at Thu, 21 Jan 2010 17:08:57 -0700
Friday, January 8, 2010 - January Real Esate Update
Edmonton, January 5, 2010: Residential sales through the Edmonton Multiple Listing Service® were at the second highest level ever for December (after a record number of sales in 2006 of 1,074). Sales of single family homes, condominiums, duplexes and other residential property totalled 948 units for the month. Total sales of all types of real estate for December was 1,066, also a second place finish for monthly sales. The price of residential property remained stable in December with single fa ...
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posted in General
at Fri, 08 Jan 2010 11:02:49 -0700
Wednesday, December 2, 2009 - December Real Estate Update
Edmonton, December 2, 2009: Total sales through the Edmonton and area Multiple Listing Service® system to the end of November have surpassed total year end sales in 2008. The total value of all types of property sold to the end of November is $6.64 billion. The same figure at the end of December 2008 was $6.42 billion. There have been 20,355 property sales so far as compared to 19,448 at year-end 2008. “Both sales and the value of sales have exceeded our expectations this year,” sa ...
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at Wed, 02 Dec 2009 17:34:55 -0700
Tuesday, November 3, 2009 - November Real Estate Update
Edmonton, November 3, 2009: Resale housing sales continued their strong trend through October with sales of all housing types through the Multiple Listing Service® in October at the second highest level on record (after October 2006). There were 1,535 residential properties sold in October; up 23% from 2008 but down almost 10% from last month which follows the normal seasonal trend of month to month sales dropping through the fall. “The housing market in Edmonton and area is still robust, ...
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posted in General
at Tue, 03 Nov 2009 14:05:49 -0700
Monday, October 5, 2009 - October Real Estate Update
Edmonton, October 5, 2009: Although sales were not at record levels in September, they compared favourably with sales levels last year and settled in for the third best September ever. Only sales in September 2006 of 1,844 residential units and last September (1,729) were better than the 1,704 sales pegged last month. “We have experienced strong sales through the third quarter,” said Charlie Ponde, president of the REALTORS® Association of Edmonton. “At the end of the first ...
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at Mon, 05 Oct 2009 13:52:00 -0600
Thursday, September 3, 2009 - September Real Estate Update
Edmonton, September 2, 2009: Residential sales through the Edmonton and Area Multiple Listing Service® in August were lower than the number posted in July but higher than sales the previous August. There were a total of 1,673 sales last month as compared to 2,277 in July (a monthly record) and 1,541 in August 2008. “Although sales numbers cooled a bit after record sales in June and July, we are still experiencing the strength of the market in Edmonton,” said Charlie Ponde, preside ...
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at Thu, 03 Sep 2009 09:44:06 -0600
Thursday, August 6, 2009 - August Real Estate Update
Edmonton, August 5, 2009: The REALTORS® Association of Edmonton reported a record number of single month sales of residential properties for the second month in a row. Buyers who created record sales in June carried through for a record in July as well. Although sales were off almost 11% from June the total number of July sales was 2,277, creating a new July record. “The market is stable and strong sales and market activity are not driving prices up dramatically,” said Charlie Pon ...
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at Thu, 06 Aug 2009 15:46:57 -0600
Sunday, July 5, 2009 - July Real Estate Update
Edmonton, July 3, 2009: At the mid-point of the year, the REALTORS® Association of Edmonton is confident that the local real estate market has regained stability. The 9,741 sales of residential properties sold through the Multiple Listing Service® in the first six months surpassed the six month year-to-date figure for last year (9,567) and residential sales in June set a new record for the month. Residential sales in June totalled 2,552 units which surpassed the 2007 record of 2,203 units sold ...
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at Sun, 05 Jul 2009 12:27:09 -0600
Tuesday, June 2, 2009 - June Real Estate Update
Edmonton, June 2, 2009: The REALTORS® Association of Edmonton reports that the number of residential properties sold through the Multiple Listing Service® in Edmonton in May was up over 17% as compared to the previous month and up 18.7% over the same month last year. There were 3,180 residential properties listed with sales of 2,161. The sales-to-listing ratio was 68% as compared to 42% in May 2008. “Sales continue to rise month-by-month,” said Charlie Ponde, president of the REALT ...
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at Tue, 02 Jun 2009 16:49:29 -0600
Thursday, May 7, 2009 - May Real Estate Update
Edmonton, May 4, 2009: Sales activity on the Edmonton Multiple Listing Service® increased in April as compared to last month and April 2008. There were 3,019 residential properties listed in April with sales of 1,843 (up 33.6% from last month and 1.1% from April 2008). The average* price of single family homes in the Edmonton area was up 1% from March but, at $353,386, was still 8.5% below the last April price of $386,033. Condo prices were up 2.4% from last month to $236,020 while duplex/rowho ...
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at Thu, 07 May 2009 11:25:15 -0600
Thursday, April 2, 2009 - April Real Estate Update
Edmonton, April 2, 2009: The average* price of single family homes in the Edmonton area has hovered around the $350,000 mark for the first quarter of this year, reported the REALTORS® Association of Edmonton. At the beginning of January the average price for a SFD was $351,870. The price varied slightly and at the end of March the average SFD price was $349,716, up 0.7% from the previous month. Condo prices were a little more volatile but popped up 1.6% in March to $230,469, after a 5% drop in ...
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at Thu, 02 Apr 2009 15:52:41 -0600
Tuesday, March 3, 2009 - March Real Estate Update
Edmonton, March 3, 2009: The average price of most types of residential property slipped down a notch in February after a short rally in January. Sales numbers climbed across the 1,000-unit threshold for the first time since October but are still below the same month sales for last year. “It is a typical pattern that sales activity picks up as we move into spring,” said Charlie Ponde, president of the REALTORS® Association of Edmonton. “Listing activity also rises as homeowne ...
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at Tue, 03 Mar 2009 14:07:48 -0700
Saturday, February 21, 2009 - February Real Estate Update
Edmonton, February 3, 2009: Residential sales in January are always slow as buyers recover from their holiday excesses and stay bundled up from the cold. January sales were slow at the beginning of the month but picked up steam as the days grew longer. REALTORS® sold 730 residential properties in January compared to 608 in December (sales up 20%). Sales prices were also up in all categories as compared to the previous month. “Nobody rings a bell when prices hit the bottom,” said Ch ...
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at Sat, 21 Feb 2009 15:10:13 -0700
Saturday, January 31, 2009 - Real Estate Update
Edmonton housing market repositioned after uncertain year Edmonton, January 6, 2009: Coming off a peak in May/June 2007, residential prices remained stable for the first part of the year but slowly slipped downward as the year progressed. The average price for all residential property sold through the Edmonton Multiple Listing Service® dropped just 5.7% during 2008, reported the REALTORS® Association of Edmonton. The average* all-residential price (single family, condominiums, rowhouses and d ...
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posted in General
at Sat, 31 Jan 2009 12:20:31 -0700
Friday, October 17, 2008 - The New Website!
Today marks the first day of the new website. The new site offers a wealth of fresh industry information that's constantly being updated. Have a great time checking it out!
posted in General
at Fri, 17 Oct 2008 13:52:15 -0600
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