Explore articles on the latest in Alberta real estate news with thoughtful insights from the Purplebricks team. Purplebricks makes understanding real estate simple.
Alberta Real Estate
Alberta Real Estate Market Update: February 2021
Alberta’s markets are picking up steam as we head toward spring! With the best February sales since 2007 and lower inventory levels than last year, sellers are enjoying more balanced conditions than the province has seen in years. As a result, sales are getting faster and prices are on their way up!
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Alberta Real EstateGood ’Hoods: The Best Edmonton Neighbourhoods to Retire InYes, it can get cold in Edmonton, but this celebrated cultural destination has a lot to offer people of retirement age. If your idea of “settling down” involves indulging in the spice of life, here are our top picks for Edmonton neighbourhoods to retire in.
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Alberta Real EstateCautious Optimism for Edmonton's Real Estate MarketOne of the unlikeliest real estate success stories to arise from this pandemic year is Edmonton’s, where residential home sales have been their most active since 2014. After years of declining sales and prices, perhaps the tides are finally starting to turn.
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Alberta Real EstateAlberta Real Estate Market Update: January 2021Alberta saw its best January sales since 2008, with year-over-year increases of more than 40% in Calgary and Edmonton. Increasing buyer demand and lower inventory levels are good news for sellers, as homes are spending less time on market and prices are rising.
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Alberta Real EstateAlberta Real Estate Market Update: December 2020In Alberta’s major markets, December sales were more than 30% higher than last year, indicating that buyer demand remains strong. With many regions enjoying more balanced market conditions than they’ve experienced in several years we could see home values climbing in the coming months.
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Alberta Real EstateAlberta Real Estate Market Update: November 2020Alberta’s major real estate markets continue to enjoy improved selling conditions, despite seasonal slowdowns and ongoing pandemic restrictions. With fewer new listings being added to the market, prices in both regions have been given a boost.
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Alberta Real EstateShould You Sell Your Home During the Pandemic?The outbreak of COVID-19 early this spring dealt some staggering blows to Canadian real estate; with declarations of states of emergency and the implementations of lockdown procedures, the industry all but stopped in its tracks. In view of ongoing waves, what should home sellers expect?
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Alberta Real EstateAlberta Real Estate Market Update: October 2020Alberta’s major real estate markets continue to enjoy improved selling conditions, despite the colder weather moving in and the ongoing pandemic. With lower inventory levels than last year and fewer options for home buyers, prices in both regions have been given a boost.
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Alberta Real EstateFeatures of Edmonton Condos That Lead to Faster SalesIf you’re an Edmonton condo owner thinking of selling, you might be wondering what will help you land a quick, successful sale. While most of us naturally start thinking about the price tag, findings from a recent study suggest that the features of your condo can have a big impact, as well.
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Alberta Real EstateAlberta Real Estate Market Update: September 2020Despite concern over a second wave of COVID-19, Alberta has been seeing a major resurgence in buyer demand since late summer. Strong sales are bringing Calgary closer to a balanced market for the first time in five years, while in Edmonton, an increase in sales are putting upward pressure on prices.
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Alberta Real EstateAlberta Real Estate Market Update: August 2020Alberta’s major real estate markets saw average prices for detached homes edging slightly upward as overall sales activity leveled off. Amidst concern over a second wave of COVID-19 this fall, demand for detached homes may be strengthened by buyers’ desire for more space.
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Alberta Real EstateAlberta Real Estate Market Update: July 2020The market activity in Alberta saw both year-over-year and month-over-month improvements in July. Inventory levels in Edmonton and Calgary are still down year-over-year and homes are selling quicker than they did this time last year, despite the pandemic.
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Alberta Real EstateEdmonton Home Sellers are Saving Thousands (even during COVID-19!)Edmonton has a lot to offer its residents and visitors, like a year-round slate of festivals that inspired the city’s nickname, “Canada's Festival City”. Homes are selling in Edmonton, even during a pandemic, and our home sellers are saving thousands in commission.
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Alberta Real EstateAlberta Real Estate Market Update: June 2020In Alberta, we are seeing improvements in inventory supply and year-over-year average selling prices are down less than 3%, despite being in a pandemic.
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Alberta Real EstateNow is the Time to Buy a Home in Calgary and Edmonton!Right now is an opportune time to buy in Alberta’s major markets. Home prices are down, and availability is up, which means homebuyers can find their dream home for a great price in very desirable cities.
