Edmonton Real Estate Blog | Royal LePage Noralta

According to the Royal LePage House Price Survey and Market Survey Forecast, the aggregate1 price of a home in Canada is expected to remain remarkably stable through the COVID-19 pandemic.

If the strict, stay-at-home restrictions characterizing the fight against COVID-19 are eased during the second quarter, prices are expected to end 2020 relatively flat, with the aggregate value of a Canadian home up a modest 1.0 per cent year-over-year, to $653,800. If the current tight restrictions on personal movement are sustained through the summer, the negative economic impact is expected to drive home prices down by 3.0 per cent ($627,900) year-over-year. In December 2019, Royal LePage forecast the national aggregate price to increase 3.2 per cent by the end of

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Doug is an enthusiastic, high energy, proven full time real estate professional, licensed since October 1994 with Royal LePage Noralta Real Estate.   A results oriented self-starter with highly developed sales, marketing, problem solving and negotiating skills.  Patient yet persistent when dealing with clients.  Focused and committed to providing quality customer service to each client.  Consistently achieving results in the top 5% of all real estate agents.

Serving on the Real Estate Board of Edmonton since 2002, his term as President of the Association brought him an expanded understanding and commitment to help his fellow Real Estate professionals.  Highly regarded as a go-to guy in the office, his door is always open to help not only Agents,

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We get asked all the time about what is happening in the market. This past March has been one like no other. The Real Estate business was showing signs of optimism at the beginning of this year after a number of years of challenges. While prices were down, sales activity was going up.

This past March, we experienced a major readjustment due to the Covid-19 Pandemic. While business continues, we felt the effects in sales. Prices came down from just under 2% last month and % 3.78 from last year. The total number of sales was off pace by 3%.

We can't say what will happen over the next few months, but what we can say is this:
There are still people out there that have the ability to purchase a home. Now more than ever houses are well represented on line,

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Edmonton is home to some of the most exquisite houses in Alberta. Here are ten of the most luxurious homes on the market in Edmonton and the surrounding areas.

1. 7559 May Common NW

$3,200,000
Courtesy of Doug Singleton

This stunning home was a finalist at the CHBA National New Home awards in 2017. Situated in Larch Park and built on the protected ravine, the goal was to achieve balance & connection between the interior of the home and its surroundings. It boasts 6900 sq. ft. of space, complete with 5 bedrooms, 7 bathrooms, and a walk out basement that features a home theatre, gym, sauna, wine room and a bar area. The house also has a heated triple garage with a double car lift, allowing you to store up to 5 vehicles.

2. 21424 25 Avenue SW

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Our Agents are working hard to help their clients view and show their homes through these challenging times. We are following Guidelines recommended by our Regulator, Royal LePage and the Alberta Real Estate Association as well as recommendations set out by Alberta Health. If you're curious where they are from please see the following links:

  • RECA Covid-19 Recommended Practice Page

  • Seller Checklist

  • Buyer Checklist

  • Brokerage Covid-19 Policies

  • Alberta Health COVID Self Assessment

  • AREA COVID -19 Tips for Alberta Realtors

  • Government of Alberta Coronavirus Page

  • How to Prevent the Spread

  • Alberta Health FAQ

 

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Recommendations from the CDC for taking care of loved one’s who have contracted COVID-19

 

The following was copied from the CDC website at https://www.cdc.gov/coronavirus/2019-ncov/hcp/guidance-prevent-spread.html#precautions

 Preventing the Spread of Coronavirus Disease 2019 in Homes and Residential Communities

 Interim Guidance

 (This guidance provides clarification regarding evaluation for home isolation and a new section with information regarding preventative steps for household members, intimate partners, and caregivers in a nonhealthcare setting of a person with symptomatic, laboratory-confirmed COVID-19.)

 This interim guidance is based on what is currently known about the epidemiology of COVID-19 and the transmission of other

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PostponedWe're sorry to announce that our Open House promotion this weekend must be cancelled. Best practices for this time is to view our great listings on line or through a private appointment. 

We sincerely apologize for the inconvenience to our sellers, prospective buyers, and Agents alike.

These are challenging times with new information presented hourly.

Thank you for your patience and understanding.

Tom Shearer, Broker/Owner Royal LePage Noralta Real Estate

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