YEG REAL ESTATE RESULTS APRIL 2024 – JFSELLS.COM

HOUSING MARKET SHOWS STRONG SALES, STILL MODERATE PRICES

Edmonton, May 2, 2024: There were a total of 3,128 residential unit sales in the Greater Edmonton Area (GEA) real estate market during April 2024, showing increases of 27.1% over March 2024, and 54.9% over April 2023. New residential listings amounted to 3,909, a number 11.2% higher than in March 2024, and 13.7% higher than April 2023. Overall inventory in the GEA increased 2.7% from March 2024, but is still 20.5% lower than April 2023.

Supply – Demand Ratios show the strongest Seller’s Market in years!  ↓


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YEG REAL ESTATE RESULTS FEBRUARY 2024 – JFSELLS.COM

“Housing Market Heating Up for an Early Spring”: FEB 2024 Market Stats RAE

Full Stats Package here:FEBRUARY_2024_CREA-EDMOstats Semi Detached and Row/Townhouses lead the way with higher sale values, Condo’s lag behind. Total residential average prices came in 2.3% vs Last month, and  10.4% year over year.

Latest Alberta Economic metrics https://economicdashboard.alberta.ca/articles-pages/weekly-economic-highlights/2024-02-26-weekly-economic-highlights/ 

Interesting Edm Journal Article https://edmontonjournal.com/life/homes/edmontonians-signal-increase-in-home-buying-intentions

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YEG REAL ESTATE RESULTS JANUARY 2024 – JFSELLS.COM

January has started strong for Edmonton and Area! Many Stats and Prices are up. Demand appears to be out pacing supply on the residential side in several segments. See it all here;

Slow And Steady Numbers a Good Sign for 2024 RAE Market Summary

JANUARY_2024_CREA-EDMOStats for full stats package 

JANUARY_2024_MonthlyStatsBoard for full visuals 

TN Commercial__2023 Year-End Edmonton Report. For 2023 Full Year Commercial Review

2024-01_Edmonton_Statistics MaxWell Realty 24 Month Historical

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YEG REAL ESTATE RESULTS DECEMBER – FULL YEAR 2022 – JFSELLS.COM


Full 5 year stats package here DEC_2022_CREA-EDMOstats

MLS® HPI Benchmark Price*  Dec ‘22 M/M %  Y/Y % 
(for all-residential sales in GEA1)      
SFD2 benchmark price $423,300 0.0% -0.3%
Apartment benchmark price $176,500 0.7% -3.0%
Townhouse benchmark price $229,000 0.4% -0.6%
Composite7 benchmark price $373,200 -0.1% -0.9%
See the full December report here:  https://realtorsofedmonton.com/Market-Stats 
2022-12_Edmonton_Statistics 2 year summary:

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EDMONTON REAL ESTATE 2021 YEAR END RESULTS – JFSELLS.COM

Check out the latest results and 3 year summary of activity for the Greater Edmonton Area – December is up sharply for Single Family Detached in 2022, many feel lower inventory is driving this value increase even in the light of COVID & rising mtg rates! See full details in links enclosed:

DEC_2021_CREA_EDMO_Stats
PORTRAIT_MonthlyStatsBoard_DEC_2021
 2021-12_Edmonton_Statistics



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REAL PROPERTY REPORTS VS TITLE INSURANCE?

Anyone buying or selling a home should understand the role an “RPR” can play in the transaction.

Many times one may need to know how “Title Insurance” differs.

To clearly understand the implications of  the “RPR’s details / Title Insurance” one must consider the individual property, details of the transaction, details of the RPR, all relevant information available, and how it all works together to determine the impact / mitigation of various aspects of risk / reward and therefore: value.

For example: A Current RPR can add value and security in many (most…) cases (dependent on the details)

A Current RPR with Compliance could add more value…

In cases where no RPR exists or there is NON –…

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