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AREA (Alberta Real Estate Associaton) launches new Commercial and Agribusiness Listing Site!

Thu, 18 Aug by Kevin Grenier

This is a great resource for finding commercial real estate in Alberta.

If you have any questions contact

View Commercial Lstings

Edmonton & Area Real Estate Weekly Now Online Check it Out

Sat, 13 Aug by Kevin Grenier

Real Estate Weekly is pleased to introduce a new way to read the paper


Consumers now have the option to read the entire Real Estate Weekly newspaper online in full colour, just the way it was intended. The new Page Turner version can be viewed at and can easily be searched and forwarded.

Take a look at the Page Turner today!

Alberta New Home Warranty Issues – RECA Wants Your Suggestions on How to Improve it

Fri, 12 Aug by Kevin Grenier

Kevin Grenier


RECA News August 12, 2011



RECA Wants Your Input
For New Home Warranty Meeting


RECA has been invited to meet with the Alberta Government next week to discuss possible changes to the new home warranty environment in Alberta.

RECA would like to hear about your experiences with new home warranties–good, bad or indifferent–and we will share these experiences with the Government during our discussion.

What do you think about new home warranty coverage?
Are there gaps in the coverage?

Let us know by simply replying to this email.



Update from the Realtor’s Assocation of Edmonton – August 3, 2011

Fri, 05 Aug by Kevin Grenier

The following is the monthly press release from the Realtor’s Association of Edmonton in its entirety. If you have any questions on this or would like further detailed statistics, information or analysis, contact me at


Local Housing Market continues upward trend

Edmonton, August 3, 2011: According to the REALTORS® Association of Edmonton, the average price of housing increased through July as compared to the previous month. The all-residential average price increased 1.1% to $334,054; up from $330,298 in June. Single family home prices increased 1.3% while condo prices rose 4.3% during the month.

Residential sales in July were 1,441 up 3.6% compared to the same time last year. Residential listing activity dropped slightly in July to 3,038 units; down 210 units from June but up 193 units from the same time last year. The inventory of homes on the Multiple Listing Service® is quickly approaching par from last year at 8,421 properties available as of July 31.

“Our local housing market is quite healthy with affordable prices, a good inventory and strong sales,” said REALTORS® Association of Edmonton President Chris Mooney. “The selection of properties on the market for buyers is excellent. With employment opportunities popping up throughout the region and interest rates being very attractive, now is a good time to purchase a property in Edmonton.”

The average* price of a single family detached home in July was $384,656 with a median price of $360,000. Condo average price was $244,225 with a median of $223,000. Duplex and rowhouse prices rose on average from $296,969 to $309,816, a 4.3% increase.

“The increase in housing prices is on track with our January forecast and as we move into fall, we don’t see prices increasing substantially,” said Mooney.

The average days-on-market in July was 51 days: the same as in July 2010. The residential sales-to-listing ratio was 47% in July and total MLS® System sales were over $3.887 billion for the year so far.

– 30 –

Highlights of MLS® System activity

¹. Residential includes SFD, condos and duplex/row houses.
². Single Family Dwelling
³. The middle figure in a list of all sales prices

* Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Prior period figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end.

The Informed Home Buyer/Seller Issue 8, 2011 – Should you Worry About Market Fluctuations?

Thu, 04 Aug by Kevin Grenier

For more helpful advice from an ABR {Accredited Buyer’s REALTOR(r)} designated profesiona contact:


Kevin Grenier

Realty Executives Polaris


The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.