If you are looking at purchasing some Edmonton real estate but are just getting your feet wet in the real estate market here, there are a few things to consider. It can be very exciting when you finally decide to buy your first home, and many people hop right online and begin browsing through listings. It’s only natural to dive right in like this, but actual house-hunting isn’t the first step you should be taking. What you need to do first is figure out what you can afford.

To do this, begin by talking to your bank or a mortgage broker. Together, they will show you how all your current assets, debts and expenses, come together to paint the picture of the price-range you can comfortably afford to shop in. Once this is taken care of, you will…

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Edmonton Real EstateWinter did not slow Edmonton real estate sales in November according to figures released by the REALTORS® Association of Edmonton. One month sales in November were the highest in five years. The figures are based on sales through the Multiple Listing Service® System in the Edmonton CMA.

The number of all-residential sales in the Edmonton CMA in November (adjusted to account for late reported sales) was 1,116 highest number of sales in the month since 2009. There were 672 (622 reported) Edmonton sales of single family homes, 349 (323 reported) condo sales and 83 (77 reported) duplex/row house sales in November. Total residential sales were up 10.5% over November 2012 with SFD sales up 7.9% and Edmonton condos sales up 13.7%.  

The average…

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2023 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on June 7th, 2023 at 1:47pm CDT.