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May 2023 Stats

May 2023 Stats

June 6, 2023Posted inMarket Stats
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We’re Erin and Amber! We’re a female REALTOR team in Edmonton. This is our blog showcasing all that we love about living in and around YEG!

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Home inspections: worth it or not? 🧐 Here are 3 Home inspections: worth it or not? 🧐 Here are 3 myths that might surprise you! #HomeBuying #RealEstateFacts
Today, the Bank of Canada held its policy interest Today, the Bank of Canada held its policy interest rate steady at 2.75%, following months of cuts. With uncertainty around U.S. trade policy and rising inflation, the Bank is taking a cautious approach. Thinking of making a move in today’s market? Let’s talk about what this means for your buying or selling plans. Read the full announcement here: https://www.bankofcanada.ca/2025/04/fad-press-release-2025-04-16/ #RealEstateCanada #InterestRates #BankOfCanada #century21canada #c21
Say goodbye to winter layers and hello to breezy, Say goodbye to winter layers and hello to breezy, comfy bedding! 🛏️☁️ #CozyLiving #SpringReady
Did you know? Wage growth in Canada is now nearing Did you know? Wage growth in Canada is now nearing 6% annually—one of the strongest levels in 25 years, according to StatsCan. That matters because affordability is starting to improve. With falling mortgage rates, flat or declining home prices, and rising incomes, more Canadians are finally in a better position to buy. The Bank of Canada’s affordability index showed positive movement in Q4, and while we’re not fully back to “normal,” we’re on the right path. For first-time buyers, this could be the opportunity you've been waiting for. For sellers, stronger affordability means a broader base of qualified buyers entering the market. 🔑 The market is shifting—and with the right strategy, it could work in your favour. Want to explore what this means for your next move? Let’s chat. #C21Canada #MarketUpdate #HousingTrends
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