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Edmonton, August 5, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for July 2020 increased 13.58% compared to July 2019 and increased 5.61% from June 2020. The number of new residential listings is up year over year, increasing 7.56% from July 2019. New residential listings are down month over month, decreasing 9.84% from June 2020. Overall inventory in the Edmonton CMA fell 15.52% from July of last year and decreased 3.58% from June 2020.

For the month of July, single family home unit sales are up 9.53% from July 2019 and up 3.91% from June 2020. Condo unit sales increased 11.01% from July 2019 and increased 6.70% from June 2020.

All residential average prices are up to $369,805, a

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⬇ Highlights
• 9629 84 Avenue
• MLS: E4197715
www.manibagga.com
Price: $1,128,800
6 Beds • 4 Baths • 3 Storey • 2 Garages • 2,412 SF
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WELCOME TO LUXURY IN MILLCREEK RAVINE! This stunning 3-storey boasts over 2412 SqFt, 4+2 bedrooms, 2 detached garages. You are welcomed in by herringbone Chicago Brick / hardwood floors, double fireplace, den, dining room & a fully upgraded CHEF’S kitchen. This kitchen flaunts a France imported AGA Stove ($10k), carbon fiber taps, prep sink, pot filler over stove, Graggenau grill, Sub Zero fridge/freezer, Commercial glass fridge, butler FOOD ELEVATOR & is packed with custom cabinetry and countertops. 4 Bedrooms & laundry room await you on the 2nd floor with a breath-taking view of Millcreek ravine from the master bedroom.

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Brand-new 1,507 SqFt Retail / Office development on the corner of Argyll Road & 76 Avenue. Only steps away from the Argyll Casino & ATB Bank. This main floor corner unit features two exterior access points, abundant natural light and high exposure. Space comes with a rooftop HVAC unit ready for distribution. 120/208 volt, 3 phase power panel and full sprinkler system. There is 100 scramble parking stalls on site. Amazing LOCATION ready to move in at any time.

ONCE YOU SEE IT YOU'LL NEVER ALLOW SOMEONE ELSE TO LEASE IT!

Call us now for the lease price!

MLS: E4193966

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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. New residential listings are up month over month, increasing 58.83% from April 2020. Overall inventory in the Edmonton CMA fell 18.63% from May of last year and increased 7.22% from April 2020. For the month of May, single family home unit sales are down 38.70% from May 2019 and up 60.08% from April 2020. Condo unit sales decreased 54.47% from May 2019 and increased 28.14% from April 2020. All residential average prices are down to $353,953, a

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Best Edmonton Home

WELCOME TO LUXURY IN MILLCREEK RAVINE! This stunning 3-storey boasts over 2412 sqft, 4+2bdrms, 2 dgatt. You are welcomed in by herringbone Chicago Brick/ hardwood floors, dbl fireplace, den, dining room & a fully upgraded CHEF’S kitchen. This kitchen flaunts a France imported AGA Stove ($10k), carbon fiber taps, prep sink, pot filler over stove, Graggenau grill, Sub Zero fridge/freezer, Commercial glass fridge, butler FOOD ELEVATOR & is packed with custom cabinetry and countertops. 4 Bdrms & laundry room await you on the 2nd floor with a breath-taking view of Millcreek ravine from the master bdrm. 3rd floor offers spacious bonus rm w/ wet bar, dbl storage rms, an entire wall of Nano doors that open to the rooftop patio w/ Hot Tub overlooking the

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Did you know you can defer monthly mortgage payments for up to six months? Unpaid interest will get added to your principal and accumulate more interest (potentially lengthening your amortization), but it’s a great option.

According to recent media reports, the Canadian Mortgage & Housing Corporation (CMHC) is currently buying mortgages from Canadian banks, paying them hard cash to keep them in the black. It’s looking like a very Canadian way of saying, “Hey, we’re all in this together and the CMHC is standing behind Canadian real estate and the financial industry.” What does this mean for you and your mortgage at one of Canada’s major banks? In most cases, absolutely nothing. You’ll still visit your local branch – not a CMHC office -- to renew

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Downtown Edmonton is loved by residents and visitors alike for its forests, pathways and parks along the banks of the North Saskatchewan River.

Most downtown Edmonton condo properties come in under $1 Million, with some entry level units in older buildings in the low six figures. Living here, you’ll find quick access to exciting night spots, world class cuisine, coffee shops and bars galore, arts, fashion, culture and more.

There are five districts in the zone: Commercial Core, Government Centre, Warehouse District, McKay Avenue and Rice Howard Way.

There’s also an exciting new arrival on the skyline: The Pearl. It’s topped by a condo with this description: “On the market at $2,295,000, this 3,476-square-foot Edmonton penthouse is situated at

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Keep watching the news for updates on Canada’s mortgage regulations.

On February 18, Bill Morneau, Canada’s Minister of Finance, unveiled changes to the “stress test” that were scheduled to come into effect on April 6. “The new benchmark rate will be the weekly median 5-year fixed insured mortgage rate from mortgage insurance applications, plus 2%,” he announced at the time. These changes are now on hold, pending further review as a result of the current COVID-19 situation.

Industry experts had recently suggested the “stress test rate” be adjusted to make it easier for people qualifying for mortgages. The Canadian government heard them and had initially acted on their recommendations. The basic idea behind the stress test? Even if interest rates

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