Weekly Market Update: November 29th, 2013

WEEKLY MARKET UPDATE November 29, 2013 EDMONTON The Alberta Gaming and Liquor Commission recently announced plans to build a 500,000+ square foot warehouse in the Edmonton area. To put a building of this size into perspective, it would be useful comparing it to familiar properties. Consider an average bungalow. Assuming 1,000 square feet, it would[…]

Weekly Market Update: November 22, 2013

WEEKLY MARKET UPDATE November 22, 2013 EDMONTON In order to address projected needs over the next 50 years, The City of Edmonton has begun the process of annexing 15,600 hectares (nearly 40,000 acres) south of the 41 ave SW boundary. There will be a number of open houses regarding what the City describes as “a[…]

Weekly Market Update: November 15, 2013

WEEKLY MARKET UPDATE November 15, 2013 EDMONTON In their recent report, Emerging Trends in Real Estate, Pricewaterhousecoopers (PWC) identified Edmonton as the second best market in Canada for investment prospects and the fourth best for development prospects. Edmonton’s Real Gross Domestic Product rose 4.2% in the first two quarters of 2013 and PWC anticipates growth[…]

Weekly Market Update: November 8, 2013

Weekly Market Update November 8, 2013 Local The City of Edmonton will be closing the remaining runway at the City Centre airport at the end of the month and crews will start doing soil, environmental and other testing the following week. The master planned community, known as Blatchford, will see a mix of residential and[…]