The Edmonton real estate market continues to shift as we move into February 2025. If you're buying, selling, or investing, it’s important to keep up with market trends, home prices, and mortgage rate changes.
Key Market Insights for February 2025
Are home prices increasing or stabilizing?
How mortgage rates are impacting affordability for buyers.
What’s happening with inventory? Are more homes coming onto the market?
Which neighborhoods are seeing the biggest price changes?
Should you buy or sell now—or wait?
What This Means for Buyers & Sellers
📌 For Buyers: With inventory still limited, competition remains strong—should you act now before prices rise? 📌 For Sellers: Demand is steady, but is now the best time to list? We break it down. 📌 For Investors: With rising rent prices, is now the right time to expand your portfolio?
📢 Want the full breakdown? Watch our latest market update video for detailed insights!
🎥 Watch here:
Thinking about making a move? Contact us today to discuss your real estate goals!
How US Tariffs Could Make Buying a Home in Canada More Expensive
The US has announced 25% tariffs on steel & aluminum, plus potential duties on lumber and other Canadian exports—but what does this mean for home buyers, sellers, and investors in Canada?
How Will US Tariffs Impact the Housing Market?
1️⃣ New Home Construction Costs Will Rise
Lumber, steel, and aluminum are essential for home construction.
Higher costs for builders = higher home prices for buyers.
Some developers may delay or cancel projects, worsening Canada’s housing supply shortage.
2️⃣ Resale Homes Will Become More Valuable
If new builds become too expensive, demand for resale homes will skyrocket.
Fewer available homes → increased competition and higher prices.
3️⃣ The Rental Market Will Get Tighter
With homeownership becoming more expensive, more people will turn to renting.
Rents will rise, making affordability an even bigger issue.
Investors may buy more rental properties, benefiting from higher rents.
Who Will Be Affected the Most?
First-time homebuyers: Rising home prices will make it harder to enter the market.
Builders & developers: Increased material costs may force them to slow down projects.
Landlords & homeowners: They could see rising property values and increased rental demand.
Final Thoughts: Should You Buy Now?
If tariffs cause home prices to rise, buying sooner rather than later could save you thousands. If you’re thinking of buying or selling in the Greater Edmonton Area, now may be the right time to act.
Want expert advice on how this affects you? Contact our team today!
Are Tax Assessments Accurate? Here’s What Homes in Edmonton Actually Sold For!
If you’ve ever wondered how accurate property tax assessments are, you’re not alone. Many homeowners check their tax assessment value, thinking it reflects what their home is actually worth—but in reality, assessments can be way off from real market value.
In our latest video, we compare tax assessment values vs. actual sale prices of homes in Edmonton, Sherwood Park, and beyond. The results? Some homes sold for hundreds of thousands over their assessed value!
Key Insights From The Video:
✔️ A Sherwood Park home assessed at $515,000 that sold for $740,000! ✔️ A Southwest Edmonton luxury home assessed at $1.29M but sold for $1.57M! ✔️ Why tax assessments are often inaccurate and misleading for buyers & sellers ✔️ The best way to determine your home’s true value in today’s market
What This Means for Homeowners
If you’re thinking about selling your home, do not rely on your tax assessment value as your price guide. Many homes are selling for far more than assessed values, meaning you could be leaving money on the table if you price too low.
What This Means for Buyers
A home’s tax assessment does not always reflect its true worth. Understanding real market trends and working with an experienced real estate agent will ensure you make the best buying decision.
📢 Want to know what your home is REALLY worth? Contact us today for a free home evaluation!
The real estate market is kicking off 2025 with new trends and shifts in home prices, inventory, and sales activity. If you’re planning to buy, sell, or invest this year, understanding these changes is crucial.
What’s Happening in the Edmonton Housing Market?
Home Prices: Are values continuing to rise, or are we seeing a shift?
Sales Trends: Are buyers returning to the market, or is activity slowing down?
Inventory Update: Are more homes being listed, or is supply still tight?
Mortgage Rates: How are interest rates impacting affordability?
Key Takeaways for Buyers & Sellers
📌 For Buyers: Mortgage rates may be dropping, but prices could still rise—should you buy now?
📌 For Sellers: Demand remains strong in key areas—should you list your home soon?
📌 For Investors: With rising rent prices, is now a good time to expand your portfolio?
📢 Want the full breakdown? Watch our latest market update video for in-depth insights!
🎥 Watch the video now:
Thinking about making a move? Contact us today to discuss your real estate goals!
If you thought the Edmonton real estate market was slowing down, think again! Some homes in Edmonton, Sherwood Park, and surrounding areas are selling for well over asking price—some by over $200,000!
With multiple-offer situations happening more frequently, buyers are competing for move-in-ready homes, and sellers are cashing in on the demand. But what’s driving these high over-list price sales?
The Top 4 Highest Over-List Price Sales in Greater Edmonton
In our latest video, we analyze:
The top 4 homes that sold the highest over asking price
How these homes attracted multiple offers in just days
What buyers are willing to pay for the right property
Tips for sellers to maximize their home’s value in today’s market
Why Are Homes Selling for So Much Over Asking?
There are a few key reasons why homes are seeing record-breaking sales: ✔️ Limited inventory – With fewer homes on the market, buyers are competing aggressively. ✔️ Well-prepared listings – Homes that are staged, decluttered, and in great condition attract more offers. ✔️ Buyers want move-in-ready – Many buyers don’t have the time or resources for major renovations, so they’re willing to pay more for homes that are already in great shape. ✔️ The right pricing strategy – Homes priced competitively generate more interest and often lead to bidding wars.
What This Means for Buyers & Sellers
📌 For Buyers: Be prepared! The market is competitive, and homes are moving fast. If you find a home you love, you’ll need to act quickly and work with a trusted real estate professional. 📌 For Sellers: If you’ve been thinking about selling, now is a fantastic time. Buyers are willing to pay a premium for well-prepared homes, and you could see a higher-than-expected sale price.
Want to see the full breakdown of these record-breaking sales? Watch our latest video where we analyze the highest over-list price homes in Southwest Edmonton, Southeast Edmonton, and Sherwood Park.
🎥 Watch the full video now:
If you have questions about the market, whether you should buy or sell, or just want expert advice, reach out to us today! We’re here to help you navigate the market and make the most of your real estate goals.
Hey there, future homeowners, savvy sellers, and real estate enthusiasts! If you’ve been wondering where the housing market is headed in 2025, you’re in the right place.
We’re diving deep into what happened in 2024 vs. what was predicted and looking ahead to see what opportunities lie ahead for buyers, sellers, and investors. Whether you're planning to buy, sell, or just stay informed, this forecast will help you make smart real estate decisions.
A Look Back: What Happened in 2024?
2024 was a rollercoaster year for real estate. Predictions were made by experts from CMHC, BMO, and other industry analysts—but did they get it right? Let’s break it down:
Interest Rates: At the beginning of 2024, interest rates were hovering around 5%. By December, they had dropped to 3.25%, sparking more activity in the housing market.
Housing Prices: The market saw a surprising increase in home values, far exceeding expectations. Edmonton remained one of the most affordable cities in Canada, but price growth was strong across all property types:
Detached Homes: Predicted to rise by 1%, but actually jumped 8.9%
Duplexes: Expected to grow 1.2%, but saw 9.5% growth
Townhouses: Predicted for 1% growth, but prices increased by 12.6%
Condos: Expected to rise by 1%, but saw 5.5% growth
Demand and Sales: The market was stronger than predicted, with unit sales in all categories growing by over 20%. The biggest surprise was apartment-style condos, which saw a 29.6% increase in sales—proof that affordability and population growth are driving demand.
2025 Market Predictions: What's Next?
Experts are predicting slower growth than 2024, but here’s what we’re watching closely:
Home Prices: Predicted to rise 2.4% across all property types, but certain categories, like townhomes and duplexes, could see much higher increases due to strong demand.
Interest Rates: Expected to decrease further, making homeownership more affordable. Lower rates could mean more buyers entering the market.
New Listings: Forecasted to grow by 4.1%, but inventory could still be tight in key segments. The best properties will sell quickly.
Neighborhood Hotspots: Communities like Southwest Edmonton, Summerside, and Chappelle continue to be in high demand due to new developments, amenities, and affordability.
Investor Interest: Investors from Toronto and Vancouver are focusing on Edmonton for its affordability and rental demand. If you are considering real estate investments, 2025 could be a prime year to enter the market.
What This Means for Buyers & Sellers
For Buyers: If you are waiting for prices to drop—do not. Prices are expected to keep rising, even if rates drop. Entering the market sooner rather than later is a better strategy.
For Sellers: If you have been considering selling, 2025 remains a strong year to list your property. With demand remaining high and inventory still catching up, you may achieve a favorable selling price.
For Investors: With population growth and affordability compared to other major cities, Edmonton remains a top market for real estate investments. The rental market is expected to stay strong, making it an excellent time to invest in rental properties
Final Thoughts: Big Opportunities in 2025!
The 2025 real estate market presents numerous opportunities. Whether you are a buyer, seller, or investor, staying informed and proactive is key.
What are your thoughts on the market? Do you agree with the predictions? Share your insights in the comments below.
For a more detailed analysis of the 2025 real estate forecast, watch our full breakdown on YouTube, where we analyze the market, share expert insights, and discuss what buyers and sellers need to know. Watch now on our YouTube channel.
If you need expert advice on buying, selling, or investing in Edmonton real estate, reach out today. Let’s discuss your goals and how to maximize opportunities in 2025.
