CMHC MORTGAGE RULES CHANGES EFFECTIVE JULY 1, 2020 WITH TATUM NEUFELD
Posted on Jun 13, 2020
Genworth and Canada Guaranty Won't Adopt CMHC's New Mortgage Rules
Written by Tatum Neufeld
Following the announcement of CMHC’s new mortgage rules last week, Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed yesterday they will not be following CMHC’s lead.
“Genworth MI Canada Inc….confirms that it has no plans to c...
JUNE 2020 : DOWNTOWN EDMONTON CONDOMINIUM MARKET AMIDST COVID 19 ALBERTA RELAUNCH
Posted on Jun 11, 2020
In Edmonton right now:
- There are currently 2,247 active condo listings
- Average DOM (Days on Market) is 72 days with an average listing price of $275,618
- 200 listings sold last month with an average DOM of 72 days and an average sale price of $193,097 (listing price of $203,098)
- We have 11.23 months of inventory with buyers and sellers negotiating 95.1...
JUNE 2020 EDMONTON REAL ESTATE MARKET UPDATE | EREB
Posted on Jun 11, 2020
Residential Unit Sales Up 54.27% from last month.
Edmonton, June 2, 2020:
- Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for May 2020 decreased 41.51% compared to May 2019 and increased 54.27% from April 2020.
- The number of new residential listings is down year over year, decreasing 20.88% from May 2019...
BLACK LIVES MATTER.
Posted on Jun 08, 2020