February 2016

Found 1 blog entry for February 2016.

The sky may be falling in other parts of the province, but for now in Edmonton, it’s still looking pretty blue.  The odd tufts of clouds may go scudding across the sky but it’s not crashing around our feet like it has in Fort Mac and maybe a little bit down south.

To be objective for just a second, look at Edmonton’s median house prices from January, as reported by the Edmonton Real Estate Board.

Certainly house prices are down somewhat.  By approximately 3% in most of Edmonton including the immediate vicinity.  When we say “down”, we’re talking the difference between $350,000 from January 2015 to $340,000 in January 2016.  Not really enough to make Chicken Little even budge and inch.  Sometimes you’ll take $10,000 off your asking price to close

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