Paul Blais Top Edmonton Realtor

Edmonton December 2011 Real Estate Market Update

Overall residential sales in the Edmonton and area real estate market recorded a typical seasonal slowdown during the final month of 2011.Overall listings in December declined by a significant 43.9% compared to listings new to the market in  November.

Sales of single-family properties (366) were 31.2% lower than November sales; sales of townhouses (76) declined by 5% compared to the month before, and condo apartment sales (151) increased over No... read more...

Edmonton's November Market

November sales in the Edmonton Real Estate market recorded typical seasonal adjustments compared to October results.

Overall residential sales declined by 13.7%, with apartment sales down by 22.7% and single-family and townhouse sales falling below October results by 9.2% and 9.1% respectively.

532 single-family properties found new owners during November this year, at a median sale price of $340,000.  An equal number of sales occurred above and below the median price.&nb... read more...

Edmonton's October Market

850 Residential properties found new owners in the Edmonton real estate market.

Single-family property sales (586) declined below numbers reported in September this year, but were 20.3% higher than sales in October 2010. The median sale price for single-family properties was $347,575 compared to $355,000 the month before and $341,000 one year ago. New listings of single-family properties totaled 979 during October, a decline from September new listings by 15.... read more...

Quebec City RE/MAX Conference

Paul recently was in Quebec City for the RE/MAX conference and came back full of new energy and ideas to put in place.  It was a wonderful experience for him and we are all excited to move forward with the suggestions his colleagues from across Canada and the US shared.

One of the main focuses on his trip was a face to face meeting with the Cross Canada Referral (CCR) network.  This is a group of independent top producing RE/MAX Real Estate Agents from across Canada who are ... read more...

Edmonton's September Real Estate Market

The owners of single-family homes in Edmonton and area have seen the value of their property increase more than many other investments.

While the stock market and dollar have plunged recently and interest on savings accounts is minimal, local homeowners are seeing a 5% increase in the value of their residential property this year.  Compared to prices on December 31, 2010, a single family dwelling has increased on average 5.1% and a condo has increased 4.... read more...

Edmonton's August 2011 Market

The average price of a single-family home has remained remarkably stable for the past four years according to figures released by the REALTORS® Association of Edmonton.

The average selling price in August has varied from a high of $372,000 in 2008 to the low of $367,700 in 2009. This August, SFDs sold on average for $370,438.

"Other real estate markets have seen recent boom and bust cycles that are not evident in our local market," sa... read more...

Realtors Association of Edmonton News Release

Local Housing Market continues upward trend

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 droppe... read more...

June 2011 Market Update

Economic and other external indicators point to a strengthening of the local real estate

market according to the REALTORS® Association of Edmonton.

• Statistics Canada reported that Alberta boasted the highest spike in population in the first

quarter with a 0.4% increase.

• The Conference Board of Canada predicts that housing prices in Edmonton will increase

from five to s... read more...

March Market Update

There were 3479 residential sales in the first quarter, which is down from 3890 during the first quarter of last year. 2960 residential properties came to market in March and a total of 1503 properties sold. Current residential inventory is 6885, up 7.8% from one month ago.

691 Single-family units sold during March, up 41.9% compared to February results. The median sale price of $348,900 was 2.6% higher than the month before and 3.08% below last March. Averag... read more...

2010 Avchievements

Congratulations to the Paul Blais Realty Group for achieving the Top 5% of all Realtors in the Greater Edmonton Area for 2010. Recently awarded the Medallian Award by the Edmonton Real Estate Board the team finished the year in the Top 5%. This is quite an achievement but not one that wouldn't be accomplished without the help of our clients, friends and family. Thank you for your support over the past year. We look forward to serving you in 2011.

May Market Update

Realtors face relaxed housing market with stable pricing. 

Edmonton, June 2, 2010: The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008.

"Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year," said Larr... read more...

Real Estate Market Update - April

April is the start of the busy second quarter for real estate, and resale housing sales were down over the same month last year according to a report issued by the REALTORS® Association of Edmonton.

Mortgage changes do not dramatically effect housing prices.

Average* prices of single family houses moved down compared to a month ago but were up by 8.2% from last year. Condominium average prices moved up from last month and were up 7.0% from April 2009.

Edmonton's housing starts maintain vigorous pace in March

Edmonton's housing starts maintain vigorous pace in March

Edmonton's new home builders continued to ramp up production in March. According to the Canada Mortgage and Housing Corporation (CMHC), housing starts in the Edmonton Census Metropolitan Area (CMA) totalled 813 units in March compared with 135 units in March 2009. This represented the ninth consecutive month of year-over-year improvements in housing starts.

Single-detached home builders started work on ... read more...

February Market Update

Stability Continues Through February

February sales activity for residential property sold through the Edmonton Multiple Listing Service was up dramatically when compared to both January 2010 and February 2009.

February housing sales (1184) were up 33.9% compared to January. Total residential sales were also up 7.6% from last February. 2505 Residential new listings were added during the month resulting in a month-end inventory of 5449 homes. The... read more...

New Member to the Paul Blais Realty Group

David Schmitz joins the Paul Blais Realty Group.

David recently obtained his Realtor license and joined the Paul Blais Realty Group at the beginning of February. Eager to follow in his uncle and grandfather's footsteps David is passionate about real estate. Having been born and raised in Edmonton, David is also bilingual and has lived in the francophone community for over 20 years.

A few of David's characteristics include patience and integri... read more...

January Market Update

Housing prices remain stable in January: listing activity doubles

Single family homes sold through the Edmonton Multiple Listing Service® System sold on average for the same amount in January as at year-end while condominium prices dipped 2%.
Month-to-month sales slowed by 6.8% as compared to December but the number of new listings in January doubled the December numbers.

The average residential price was $314,783 for January, down 1.4% from last month and down just 0... read more...

WELCOME POST – Paul Blais Realty Group

Welcome to the inaugural post for the newly designed Paul Blais Realty Group Blog! Here you will find;

• Monthly or weekly posts in regards to the Edmonton real estate market
• Tips and tricks for selling or buying
• What's new with the Paul Blais Realty Group
• Upcoming Events
• And....useless but interesting tid bits of information

It's been an interesting year in the Edmonton market. Sales were strong for the 3rd quarter of the ... read more...