Deciding when to move can be a tough decision. If you are thinking about moving, consider the following:

Length of time living in your next home - Would you be there long enough to recoup the initial costs of moving, such as the down payment, closing fees, and moving expenses? 

Mortgage penalties – Try to align selling with when your mortgage is up for renewal to avoid a penalty, or negotiate it with your lender. You may also have the option to port your mortgage and take on a blended rate combining your old interest rate with the new one.

Your job situation – If you don’t have a secure job this could be an obstacle with a lender.

Non-monetary costs – Would you be moving mid-way through your child’s school year, or would they have to…

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In September 2024, the Greater Edmonton Area (GEA) real estate market saw 2,256 residential unit sales, a 12.6% decrease from August. New residential listings totalled 3,215, down 4.6% from the previous month, while overall inventory fell 1.7%.

Detached homes recorded 1,299 sales, an 11.1% decrease from August. The average price for detached homes was $552,684, up 1.3% from the previous month. These homes averaged 37 days on the market, an increase of two days from August.

Semi-detached homes saw a 15.8% decline in sales from August, with an average price of $413,252, down 0.3%. The average time on the market they remained unchanged at 30 days.

Row/townhouses experienced a 15.4% drop in sales compared to August. The average selling price was…

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Predictable real estate patterns unaffected by interest rate changes

There were a total of 2,256 residential sales in the Greater Edmonton Area (GEA) during September 2024, a 12.6% decrease from August 2024, but 10.0% higher than September 2023. New residential listings amounted to 3,215, down 4.6% from August, and up 6.4% from September 2023. Overall inventory in the GEA decreased 1.7% month-over-month and 12.1% year-over-year

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!JUST LISTED! 221 Big Hill Circle, Airdrie 221 Big Hill Circle $199,900 MLS A2169803 Close To Schools, Parks & Pathways, Pool & Amenities Home Needs TLC, Located In Quiet Neighbourhood! Call/message us for more details: 403-681-0319 This 2-bedroom, 1-bathroom mobile home sits on a generous 44x100 ft lot, offering an excellent opportunity for renovation or building your new dream home! The home also features a spacious family room, kitchen, dining area, laundry area, and a large storage room. While it’s in need of some TLC, the possibilities are endless with its great layout and sizeable yard. Located close to amenities, including the rec center, restaurants, parks, and…

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As October rolls in and autumn truly takes hold, Edmonton becomes a canvas of vibrant colors and spooky excitement. With the crisp air and the crunch of leaves underfoot, it's time to embrace the season with open arms. Ready to dive into October's best activities? Here’s your ultimate guide to making the most of fall in Edmonton—filled with laughter, seasonal cheer, and plenty of cozy moments!



Wander Through the River Valley Wonderland

Edmonton’s River Valley parks are dressed to impress this October, flaunting their fabulous fall foliage. Whether you're hiking, biking, or just strolling along, the trails are a picturesque playground. Breathe in that crisp air and stop and stare at the vibrant colors—perfect for making your social media…

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Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September.

“We are starting to see a rise in new listings in our market. However, most of the listing growth is occurring in the higher price ranges,” said Ann-Marie Lurie, Chief Economist at CREB®. “While demand has stayed strong across all price ranges, the limited choice for lower-priced homes has likely prevented stronger sales in our market. While the challenges in the lower price ranges are not expected to change, improved supply…

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