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In: Alberta

Over the last while I’ve been reading through the archives of the Edmonton Real Estate Blog, just to get a feel for the zeitgeist of boom here in Edmonton. Hindsight being 20/20, it’s quite interesting to read through it. I’ve currently read up to early 2007, so as a reader todayContinue Reading

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In: Historical Prices

I was doing a quick search of Google News local real estate stories, and stumbled upon this story from Sherwood Park talking about how prices had dropped $120,000 since their peak in July 2007. They appear to be privy to some figures that are not publicly available, so I can’t speak about that claim.Continue Reading

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In: Historical Prices, Inventory, Sales

Hope you all enjoyed your long weekend. If it was anything like mine, it was likely full of sun and way too much refined sugar. If you’ve been reading the releases coming from the various real estate associations, you may have noticed they are now talking up the month-over-month salesContinue Reading

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In: Personal Finances

Of late we seem to be hearing increasingly from people predicting runaway inflation… sometimes almost cheerleading for it. For those who bought at the height of the bubble, this may seem on the surface to be an attractive viewpoint as it could quickly erase the downturn in prices. I’m notContinue Reading

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In: Alberta, Canada, Commodity Prices, Historical Prices

Earlier this week I did an entry on the relationship between oil prices and housing prices in Edmonton, and there were some interesting findings which led to new hypothesis’. There was also some good ideas that came up in the resulting discussion. So tonight I’m going to take a bit of aContinue Reading

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In: Monthly Stats

The EREB came out with their March numbers this morning, and all things considered, they were remarkably unremarkable. Sales and inventory are pretty much right on the money considering seasonality, and prices more or less stayed about the same. Though compared to last years sales and prices are down aboutContinue Reading

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In: Canada, Commodity Prices, Historical Prices

One of our frequent commenters, Two-Thirds, offered up a couple local real estate folklore that he’d like to see tackled… his wish being my command, here is the first, the relationship between oil prices and real estate prices in Edmonton. Those that have been reading this blog for awhile haveContinue Reading