Edmonton Real Estate Blog

Today, 24th of August, Team Leading Edge’s Joseph Tolvay will be conducting an Open House at 48 Coachman Way, Sherwood Park.

This is an exciting event for the team as it will provide an excellent opportunity to feature one of the best homes for sale in Edmonton.

Click here to play

Home for Sale at 48 Coachman Way, Sherwood Park | $475,000

Adding to our growing list of #HappyClients are the family of Ramelo and Irma, seen here with their kids holding the keys to their new home in Edmonton.

The team is composed of the most reliable Realtors servicing houses for sale in Edmonton.

#HappyClients = #HappyRealtors

Our dedicated team of Realtors are available to meet all the demands of each and every client.

Get to know more about our team here.

To find out the latest available houses for sale in Edmonton, view our dynamic Edmonton Listing Search here. 

#HappyClients = #HappyRealtors

If you didn’t buy a house in July, the best time to buy may be running out, according to a new consumer-confidence survey.

The November Alberta consumer confidence index, released Saturday along with its sisteconomyer survey measuring business optimism by Leger Marketing and PricewaterhouseCoopers, show both groups expect continued economic recovery.

But while jobs will be more plentiful, consumers increasingly believe real estate will become more expensive in the near future.

The index of Albertans who believe buying a house in the near future is the best time to do so decreased to 147 in November, continuing its fall from a July peak of 164.

Survey questions in the study were used to produce index scores representing respondents’ confidence in a component of the economy. An index score above 100 represents an optimistic sentiment, and scores below 100 indicate pessimism.

“With signs of economic revival and potentially a real estate recovery, consumers may become less enthusiastic about purchasing a house in the future,” said David Bryan, an advisory partner at PriceWaterhouseCooper’s Edmonton office.

The overall consumer confidence index was 111, down slightly from 112 in September.

Consumers also continue to expect interest rates to rise as reflected by an index score of 63, steady from 65 in September.

Consumers’ optimism about the job market continues to increase. The future unemployment index improved for the fifth consecutive month to 106 in November, the report said. Confidence about employment crossed the 100 mark for the first time since May 2008.

“Overall, consumers are optimistic about the job market,” Bryan said. “Consumers continue to see these times as a good opportunity to buy homes and other major purchases, although to a lesser extent than in the previous quarter.”

But consumers remain conservative about major household purchases, with a November index score of 121, compared with 125 in September.

Meanwhile, businesses continue to become more optimistic about the economy: their overall confidence index rose for the fourth straight month to 109 in November.

In Alberta, 297 business leaders were surveyed in November, and 900 consumers were interviewed by phone. The margin of error is plus or minus 3.3 per cent, 19 times out of 20.

By Bill Mah, Edmonton Journal