Latest Blog Entries

  • Ban on non-Canadians buying residential property.

    Jan 31, 2023 | by Peter Kubiczek

    As of January 1st, 2023, the new Act prohibiting non-Canadians from buying residential real estate came into effect. The Act is supposed to be active for 2 years, but future amendments may extend that or make it permanent. All home buyers who are not Canadian citizens, Permanent

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  • Market activity slows down in December as interest rates rise.

    Jan 10, 2023 | by Peter Kubiczek

    New residential listings were down 12.9% year-over-year from December 2021. New residential listings were also down month-over-month, decreasing 38.8% from November 2022. Overall inventory in the GEA was up 6.1% from December of last year but decreased 21.8% from November 2022.

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Market News

  • Market activity slows down in December as interest rates rise.

    Jan 10, 2023 | by Peter Kubiczek
    New residential listings were down 12.9% year-over-year from December 2021. New residential listings were also down month-over-month, decreasing 38.8%[...] Read More...

  • Stability on the horizon as Supply matches demand.

    Dec 7, 2022 | by Peter Kubiczek
    November 2022: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for November decreased by[...] Read More...

  • Residential Listings See Large Decrease for October

    Nov 15, 2022 | by Peter Kubiczek
    Market pricing remains stable as listing inventory decreases due to seasonal activity.[...] Read More...
    • Single Family Detached - Average Selling Price $462,858
      Down 0.3%
      from M/M and
      Up 2.7%
      Y/Y
    • Condominium - Average Selling Price $224,252
      Up 1.7%
      from M/M and
      Down 0.3%
      Y/Y
    • Average Days on the Market - All Properties 47, Single Family 44, Condominiums 55, Duplexes/Rowhouses 48
    • Total residential LISTED - 2,650
      Down 13%
      from M/M and
      Up 0.8%
      Y/Y
    • Total residential SOLD - 1,469
      Down 6.7%
      from M/M and
      Down 21%
      Y/Y
    • Total residential Active Inventory on MLS - 7,143 
      Down 7.6%
      from M/M and
      Up 0.7%
      Y/Y.
    • Total Value of MLS System sales this month $ 590,940,969 This year to date $ 10,827,321,902

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Testimonials from Happy Clients of THE KUBICZEK TEAM

  • Peter, thank you for your expertise, professionalism to walk me through the listing and selling process kindness during a critical time while I was undergoing a major surgery and needed a compassionate realtor partnership and support. I have so much to be grateful for these days, and this includes Peter and his team.  If you […]

    Barbara DeS.
    Personal Service. Professional Results.

  • Peter is an excellent realtor. We bought and sold through him. It was never an issue for him to come up to our house to review an offer even at midnight, which in our case he did. He does not cut corner, he is ethical and the next time we sell or purchase Peter and […]

    Bernadette & Mark Gislason
    Personal Service. Professional Results.

  • “They are professional with house transactions and willing to help solving other problem. They offered me carpet cleaning machine when we moved and solved my rental problems two month later since we move. It seems they are not only my realtor but also my friends, true friends as well”

    Yanying Pi and Family
    Personal Service. Professional Results.

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We tried selling our home on the southside with another realtor and felt neglected and forgotten, but once Peter got the job, things quickly changed. – Guy and Rosanna S.