House prices continue to fall in Calgary/Edmonton regions

The benchmark price fell by 2.37 per cent in Calgary and by 2.36 per cent in Edmonton in October from year ago levels.

House prices continue to fall in Calgary/Edmonton regionsHome prices continue to fall in Calgary and Edmonton, according to the latest monthly report by the Canadian Real Estate Association. In a report released Friday, the association said the benchmark price - which is the price of a typical home in the market - fell by 2.37 per cent in Calgary and by 2.36…

Edmonton multi-family home market sluggish

Urban Analytics report says price reductions or price-reducing incentives may be needed

Edmonton multi-family home market sluggishDespite recording a 43 per cent sales increase in the second quarter of 2019, the Edmonton multi-family home market experienced a 20 per cent drop in total sales in the third quarter of the year, says a new report by real estate research firm Urban Analytics. “While Edmonton’s new multi-family home market was able to…

Housing starts on the rise in Calgary, Edmonton

Across Alberta, single-detached starts were up 11%, according to CMHC

Housing starts on the rise in Calgary, EdmontonThere was good news in the Calgary and Edmonton region homebuilding industry in October as housing starts were on the rise during the month. A report by Canada Mortgage and Housing Corp. indicates that single-detached starts of 282 were three per cent higher than a year ago and ‘all other’ starts jumped by 30 per…

Labour markets shift in Calgary, Edmonton

StatsCan says the Alberta unemployment rate rose from 6.6 to 6.7% but 7,700 jobs were gained in October

Labour markets shift in Calgary, EdmontonData released by Statistics Canada says the number of jobs in the Calgary census metropolitan area fell by 2,900 in October from September, but they were up 40,500 on an annual basis. The region’s unemployment rate also rose from 7.1 per cent in September to 7.2 per cent in October. The Edmonton census metropolitan area…
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