Edmonton’s housing market is booming, with new homes being built at a record-breaking pace. The latest data from the Canada Mortgage and Housing Corp. (CMHC) reveals over 10,000 new housing starts from January to July 2024, with all housing types seeing a surge in demand.

Single-family detached homes are leading the way, with starts up 67% compared to last year, while semi-detached homes and townhomes have also experienced strong growth. Apartment construction has seen a 71% increase, driven mainly by rental properties, which are up by 75%. Even the often-overlooked condominium market is bouncing back, with a 42% rise in new builds as more buyers turn to affordable options.

New zoning laws have further fueled development, allowing builders to…

8 Views, 0 Comments

Read Full Post

Dear Reader,

I hope you had a wonderful summer filled with happy memories and lots of vitamin D. With fall quickly approaching, cooler days begin to creep up on us. As the weather begins to cool, studies have shown our productivity increases, since our bodies don’t need to work as hard to maintain their internal temperature, freeing up our energy to be productive.

Maybe that productivity has you considering a fall reno project. The fall is a good time to scan your home and ask yourself what repairs or replacements are needed before they pile up on each other. Or maybe you have been considering a home improvement that has been on your wish list, like an updated bathroom.

Whether it’s a necessary home maintenance project or more of an improvement…

54 Views, 0 Comments

Read Full Post

Family Home Sold

Selling with Maxwell Rockies Realty

In a competitive market where new homes for sale are added daily, your listing needs to be seen in a variety of places in order to stand out! As your Seller's Agency, we'll quickly put together a custom marketing plan with an effective price.

HOW WE SELL

Our Strategy

1.  Sell with a custom marketing plan.

2. Get your home listed and talked about everywhere, not just in the local paper and on your street. 

3. Attract buyers via the Internet.

4. Have all the paperwork taken care of for you.

5. Using our Negotiating Skills between Buyer and Seller.


As your Seller's Agency

As your Seller's Agency, we'll quickly put together a custom marketing plan with an effective price. Our…

71 Views, 0 Comments

Read Full Post

No slump in Edmonton’s property market as numbers begin to cool.

There were a total of 2,591 residential unit sales in the Greater Edmonton Area (GEA) real estate market during August 2024, an 11.8% decrease from July 2024, but still 15.8% higher than August 2023. New residential listings amounted to 3,467, down 7.0% from July 2024, and up 7.7% higher from August 2023. Overall inventory in the GEA decreased 1.2% month-over-month and is tracking 13.8% lower than August 2023.


Maxwell Market Monitor


108 Views, 0 Comments

Read Full Post

The Best End-of-Summer and Fall Drinks to Try This Month

As September blends the final notes of summer with the onset of fall, it’s the perfect time to indulge in a variety of delightful beverages. Whether you’re savoring the last warm days or getting cozy for fall, we’ve rounded up the best drinks from Edmonton’s favorite cafes and beyond. Here’s your guide to sipping in style this September!

Good Earth Coffee House

Chai Horchata Latte
Experience a unique twist on classic chai with the Chai Horchata Latte. This creamy delight combines traditional chai spices with the rich, smooth flavors of horchata, creating a beverage that’s both comforting and exotic.

Pumpkin Pie Caffè Latte
Embrace the fall spirit with the Pumpkin Pie Caffè Latte.…

0 Views, 0 Comments

Read Full Post


Fire extinguishers are an integral part of your home fire safety plan. Here are some expert-recommended tips to keep in mind:
Equip your home
“Fire extinguishers should be placed on every level of your home and in common spaces like the kitchen, laundry room and garage,” says Ashley Gocken, a First Alert fire safety expert with Resideo Technologies. “Make sure to store extinguishers in easily accessible places, like under the kitchen sink or mounted on the wall.”
Know your ABCs
Fire extinguishers have specific ratings that indicate what kind of fire(s) they are designed to stop.
Extinguishers with a Class A rating can put out fires caused by wood, paper, fabric and other common materials.
Class B rated extinguishers are intended for fires fueled by flammable…

41 Views, 0 Comments

Read Full Post

To learn more click the link Bank Of Canada

The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet normalization.

The global economy expanded by about 2½% in the second quarter, consistent with projections in the Bank’s July Monetary Policy Report (MPR). In the United States, economic growth was stronger than expected, led by consumption, but the labour market has slowed. Euro-area growth has been boosted by tourism and other services, while manufacturing has been soft. Inflation in both regions continues to moderate. In China, weak domestic demand weighed on economic growth. Global financial conditions have eased further…

16 Views, 0 Comments

Read Full Post

Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022.

“As expected, rising new home construction and gains in new listings are starting to support a better-supplied housing market,” said Ann-Marie Lurie, Chief Economist at CREB®. “This trend is expected to continue throughout the remainder of the year, but it’s important to note that supply levels remain low, especially for lower-priced properties. It will take time for supply levels to return to those that support more balanced conditions.”

Inventory levels in August reached 4,487…

48 Views, 0 Comments

Read Full Post