Found 3 blog entries tagged as Forecast.

After a few roller-coaster years of rate hikes, bidding wars, and “let’s just wait this out,” a lot of Canadians are quietly asking the same question:

Is 2026 finally the year it makes sense to buy a home?

Based on what we’re seeing from national housing forecasts, Bank of Canada policy, and local trends here in Edmonton, the answer is increasingly: it just might be.

Canadians are slowly getting ready to buy again

A new Leger survey commissioned by RE/MAX Canada found that about one in ten Canadians now plans to buy a home in the next 12 months, up from roughly seven percent earlier in 2025. Around half of those potential buyers are first-timers who have been sitting on the sidelines waiting for better conditions. 

In other words, people…

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edmonton real estate market forecast 2021

In part 4 of our series on the RAE Housing Forecast Seminar 2021, we drill down on the purpose of the seminar: forecasting the year ahead. A bold thing to do in light of the uncertainty we all faced last year, and the aftershocks that a global pandemic has the potential to send into 2021. 

“As you can imagine, putting a forecast together for 2021 has had unique challenges,” said Realtors Association of Edmonton Chair Tom Shearer. “We have witnessed varying degrees of confidence for what 2021 has in store, and economic perspectives on what may happen next vary considerably.”

Last year many economists were forecasting a drop in year-over-year and unit sales, volumes, and prices of homes. But, Shearer says, in the majority of major markets,…

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edmonton-real-estate-forecast-part-3

Opportunity In Crisis

With all of the uncertainty in Alberta surrounding the Keystone Pipeline and the oil industry, part three in our series on the RAE Housing Forecast Seminar 2021 is a welcome look forward into 2021 with an eye on trends that are keeping existing businesses in growth-mode, and why Edmonton has an incredible amount of potential to become an economic powerhouse for a wide variety of emerging and established industries many of us have never even considered.

“Over the past year, I’ve seen a lot of uncertainty, hardship and loss, definitely,” admitted Lynette Tremblay, Vice President, Strategy & Innovation, at Edmonton Global (the economic development organization, not the local news outlet). “But I’ve also seen triumph and…

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