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: September 2021
Alberta’s hot real estate market continues to rise as September marks the best sales month since September 2014. Even with sales slowing over the last few months, an active spring market, low lending rates, and pent-up demand has continued to bolster the housing market this year.
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Alberta Real Estate6 Beautiful Homes You Can Buy for Alberta’s Average Home Price (and Less!)Are you looking to buy a home in Alberta? First, great choice! It’s a beautiful place to live with fantastic scenery and many things to do. Second, you’re likely curious about what the average Alberta home price is. We’ve got you covered – it’s $432,059. And here’s what you can get for this price.
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Alberta Real EstateGood ’Hoods: Best Calgary Neighbourhoods for Families With KidsWhen you’re looking for a place to grow your young family, only the best will do. Luckily, Calgary offers plenty of great spots with quiet residential streets, nearby parks and schools, and even a dash of culture! Read on to discover three of Calgary’s top neighbourhoods for families with kids.
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Alberta Real EstateAlberta Real Estate Market Update: August 2021Alberta is on pace to reach record sales levels this year as its real estate market continued to favour the seller in August. Average price, the number of homes sold, and new listings all went up year-over-year. However, the same categories went down by 10% or less compared to last month.
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Alberta Real EstateBuying a rental property in college towns? What property investing could look like this SeptemberWe look at three university regions: Kitchener-Waterloo, Winnipeg, and Calgary. In this student housing market report, we assess each region based on housing demand and potential for growth important things to consider when selecting a university or college town to purchase an investment property
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Alberta Real EstateAlberta Real Estate Market Update: July 2021It’s still a seller’s market in Alberta, but the record-setting sales pace we witnessed over the last quarter is likely slowing down. This was expected, but even so, there were over 7,300 sales in the month of July. That’s the strongest activity recorded for the month in the last six years
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Alberta Real EstateAlberta Real Estate Market Update: June 2021Alberta’s real estate market continued to favour sellers in June, though some typical seasonal cooling off is taking place. Average selling prices, number of homes sold and the volume of new listings coming onto the market saw double digit increases, while month over month there were decreases.
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Alberta Real EstateAlberta Real Estate Market Update: May 2021Alberta’s real estate market continues to favour sellers as prices rise! Though sales across the province ebbed compared to the highs of April, May’s 9,331 transactions set a new record for the month. As a result, Calgary and Edmonton are enjoying stronger selling conditions.
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Alberta Real EstateAlberta Real Estate Market Update: April 2021Alberta’s real estate market is heating up as provincial sales broke the all-time record for April! Despite higher numbers of new listings on the market, robust sales kept inventory levels low and prices on the rise. As a result, Calgary and Edmonton are enjoying stronger selling conditions.
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Alberta Real EstateAlberta Real Estate Market Update: March 2021The markets are looking up in Alberta this spring with provincial sales breaking the record for March! Sellers are seeing more balanced conditions as strong sales shrink overall supply, giving selling prices in Calgary and Edmonton a welcome lift!
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Alberta Real EstateAlberta Real Estate Market Update: February 2021Alberta’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 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 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 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 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: 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.
