CBRE is proud to serve Edmonton, as Canada’s leading commercial real estate services firm. WI Staff Western Investor. Fax: 780-452-1135. Below you'll find statistics on residential listings in Edmonton and surrounding communities, updated every day from the MLS, including the average price, average days on market, average price reduction, average price of homes by bedroom, and more. Condominiums sold for an average of $230,688, a 1.18% increase year-over-year, and prices are down 0.40% compared to October 2020. Chad entered the commercial real estate industry in 2004 and has completed over 500 transactions with clients ranging from local companies to large institutional owners. But Young said this could spell trouble for the Edmonton market as businesses continue to look elsewhere as a result of lower property taxes. Your commercial real estate questions answered. Industrial property and land transactions showed some strength in Edmonton’s pandemic-battered commercial real estate market in the second quarter of 2020, according to a report from Altus Group’s Data Solutions.. All markets in Canada, including Edmonton and the province of Alberta, have been subject to the COVID-19 slump said Ben Tatterton, manager, Data Solutions at Altus Group. Make smart decisions when investing or finding a location with commercial real estate market research featuring global, national and local trends. Avison Young's research team provide comprehensive and original intelligence on the commercial real estate market for our clients. The number of new residential listings is up year over year, increasing 14.75% from October 2019. “The office market has gone through a real change over the last few years with tenants demanding more out of their premises,” CBRE Edmonton managing director Dave Young said in an interview Friday. We write a weekly blog on Edmonton's commercial real estate market every Friday at 11:00 am. NAI Commercial is part of the largest, most powerful global network of owner-operated commercial real estate brokerage firms. Single family homes sold for an average of $439,103, a 4.39% year-over-year increase from. Condo unit sales increased 6.73% from November 2019 and decreased 8.38% from October 2020. Toggle navigation. New residential listings are down month over month, decreasing 7.43% from September 2020. Leverage our expert insights to your business benefit via the Avison Young Sightlines, Blog, and Market Reports. First Step: CI 101. Comments may take up to an hour for moderation before appearing on the site. During this quarter, the Edmonton commercial real estate market recorded 79 transactions representing an investment value of $249 million, bringing the total for the first half of 2020 to $1.3 billion. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. Learn more by clicking our most recent Edmonton MarketBeat reports below. All rights reserved. Edmonton, November 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for October 2020 increased 26.34% compared to October 2019 and decreased 0.21% from September 2020. Romania’s real estate market is buoyed by one of the strongest GDP growth rates in the EU. Toll-Free: 1-888-674-7479 Edmonton's office real estate market is on the rise with the highest demand since 2012, says CBRE Canada in its 2018 fourth quarter report. Edmonton Commercial Real Estate Manulife Place 10180 - 101st Street Suite 1995 ... government services and a robust commercial real estate market. “Continued spending on infrastructure projects, that for the most part are needed, contribute to taxation rates that are getting a little out of hand and that’s going to push big users to the surrounding markets.”. Condos averaged 63 days on the market, a fifteen-day decrease from last year, while duplexes averaged 54 days on market, a ten-day decrease compared to November 2019. RE/MAX Commercial Capital is the only exclusive RE/MAX commercial office in the Edmonton region, with associates serving all asset classes. Real estate - contributing to growth in the West Midlands - Autumn 2017 This report provides a high level overview of the West Midlands commercial and residential real estate markets, the main drivers of growth and some of the major regeneration schemes across the region. Click here to subscribe and have it delivered direct to your inbox. Edmonton, Alberta, Canada. The industrial property market as a whole is very healthy, with a low national vacancy rate and particularly tight conditions in Vancouver and the Greater Toronto Area. Edmonton real estate is likely to continue as a balanced market in 2021, with demand being segmented. Home page of the website. RE/MAX Commercial Capital is the only exclusive RE/MAX commercial office in the Edmonton region, with associates serving all asset classes. Construction of a number of new office towers is adding vibrancy to the city’s downtown. Under normal market conditions, no other real estate property category has attracted as much chatter in recent years as retail. Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for October 2020 increased 26.34% compared to October 2019 and decreased 0.21% from September 2020. Join the mailing list to receive daily email updates. Workplace Solutions United Kingdom Research Economic and Property Market Review. Edmonton, December 2, 2020: Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for November 2020 increased 27.18% compared to November 2019 and decreased 16.23% from October 2020. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Edmonton Real Estate Market Statistics. Photo by Shaughn Butts / Postmedia,, file Thanks to the city’s wide-open landscape, real estate market expansion faces few geographic barriers and benefits from a high level of available land. Despite some headwinds, the Edmonton real estate market is seeing strength in some areas. Get a solid start with our Foundations for Success in Commercial Real Estate course. Market & sector reports. About. The next year looks to have the same positive outlook, Young said, but variables in the province’s economy and government could have an impact. Edmonton Real Estate Market Statistics. Email. The next issue of Edmonton Journal Headline News will soon be in your inbox. The report notes one trend showing that delivery of new construction dropped 14.8 percent in 2018 from 2017, ... Market Trends in Commercial Real Estate… RE/MAX Excellence Commercial Division is Edmonton's award-winning RE/MAX Commercial Team. Healthy leasing activity and increased investor demand for larger assets sets the commercial market in Romania up for a good start to 2020. Edmonton’s housing market showed a big jump in August compared to last year but appeared to struggle month-to-month when compared to July. New residential listings are down month over month, decreasing 31.57% from October 2020. ... Omada Commercial. Visit our Community Guidelines for more information and details on how to adjust your email settings. We encountered an issue signing you up. Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels. Download Romania Report New Report On Global Commercial Real Estate Market Report 2019 added to Orbisresearch.com store which has 123 pages and available for purchase at US $ 2350. The downtown office vacancy rate was 18.2 per cent at the end of the year. About Us; Team; Properties. The information you need to make the best commercial real estate decisions. Award-winning brokerage. After facing one of the worst months for home sales in the capital region due to COVID-19, the Edmonton real estate sector is looking forward to growth amid the province's relaunch. 27.18% compared to November 2019 and decreased 16.23% from October 2020. By. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Calgary is a hotspot — or at least should be — for investors in real estate, according to an analyst behind a report that ranks real estate investment… Edmonton Commercial Real Estate Edmonton’s downtown office market is on the rise thanks in large part to three “trophy” buildings elevating the quality tenants seek. December 9, 2020. Your commercial real estate questions answered. “From the city’s perspective, if you’re losing those other tenants to municipalities surrounding the city, you’re losing property tax revenue and that is a concern,” he said. Unauthorized distribution, transmission or republication strictly prohibited. In addition to all … Find 447 Commercial Real Estate Listings in Edmonton, AB. Phone: 780-451-6666 Single family homes sold for an average of $439,103, a 4.39% year-over-year increase from November 2019, and a 0.86% decrease from October 2020. Copyright 2018 by the REALTORS® Association of Edmonton. Condo unit sales increased 6.73% from November 2019 and decreased, All residential average prices are up to $376,636, a 6.47% increase from November 2019, and down 1.42% from October 2020. RE/MAX Excellence Commercial Division is Edmonton's award-winning RE/MAX Commercial Team. A recent market research report added to repository of Credible Markets is an in-depth analysis of “Global Commercial Real Estate Market”.On the basis of historic growth analysis and current scenario of Commercial Real Estate market place, the report intends to offer actionable insights on global market growth projections. Edmonton's office real estate market is on the rise with the highest demand since 2012, says CBRE Canada in its 2018 fourth quarter report. Unlike other Canadian regions, the Edmonton Metropolitan Region has approximately 11,000 net acres of light, medium, and heavy industrial lands available for development. We ask you to keep your comments relevant and respectful. “The Edmonton market has seen an increase in year-over-year unit sales, compared to a decrease in month-to-month sales,” says REALTORS® Association of Edmonton Chair Jennifer Lucas. View Edmonton Alberta real estate market report for free on Canadian Real Estate Wealth Magazine. Duplex prices increased 4.79% from November 2019, selling at $337,784, which was a 0.44% increase from October 2020. Award-winning brokerage. Edmonton housing market to remain balanced in 2021, prices to increase 2%. Edmonton Commercial Real Estate. Duplex prices increased 4.79% from November 2019, selling at $337,784, which was a 0.44% increase from October 2020. 780-429-1200 ; Edmonton's Award Winning Brokerage. Higher taxation in Edmonton has already impacted site selection, Young said, with Champion Pet Foods, Ford Motor Co. and Amazon looking outside the city limits where they can save about $1.50-$2 per square foot on property taxes. Research Productivity, the workplace and Covid-19 . View all Commercial Real Estate for Sale and for Lease in Edmonton below! Edmonton Real Estate Market Reports. “There have also been more sales of single-family homes, condos and duplexes compared to November of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. The number of new residential listings is up year over year, … Learn more about the Edmonton and area real estate market in our monthly statistics update. Power your analysis and strategy with our market and sector reports. The Enbridge Centre, Edmonton Tower and Stantec Tower stand out to Young as newer buildings putting the focus on the prosperity of businesses and pulling attention to downtown. All residential average prices are up to $376,636, a 6.47% increase from November 2019, and down 1.42% from October 2020. Edmonton's office real estate market is on the rise with the highest demand since 2012, says CBRE Canada in its 2018 fourth quarter report. Industrial property and land transactions showed some strength in Edmonton’s pandemic-battered commercial real estate market in the second quarter of 2020, according to a report from Altus Group’s Data Solutions.. All markets in Canada, including Edmonton and the province of Alberta, have been subject to the COVID-19 slump said Ben Tatterton, manager, Data Solutions at Altus Group. The market saw a year of positive absorption following three straight years of negative results, Collier said in its report released Friday, citing downtown population growth as the main draw. Research and Reports; Condominiums sold for an average of $230,688, a 1.18% increase year-over-year, and prices are down 0.40% compared to October 2020. The evolving city skyline with several new offerings in the financial district has led to the highest demand for office space in the city since 2012, commercial real estate firm CBRE Canada said in its 2018 fourth-quarter report released Thursday. CBRE is committed to matching and exceeding expectations, by helping clients of all sizes to realize their real estate objectives and grow their … Buyers are looking for single-family homes and yards, which includes duplex and row-style townhomes. We've made real estate data like average house prices, housing inventory, and days on market easily accessible to you. CBRE Research prepares local Edmonton MarketViews on the office, industrial and the retail sectors. Through CRER, we provide an opportunity for our clients to network with advisors and gain insights on upcoming market … From the various classes of commercial real estate to the housing market, the impacts of changing customer habits and expectations are reverberating across the property types. This report's home price data evaluates sales history between November 06 - December 04 and includes percent changes from the same 28-day period last year. READ MORE: Real estate experts say LRT will help downtown Edmonton lease rates That’s why Boukall said developers give the market a test, and then readjust depending on what they see. New residential listings are down month over month, decreasing 31.57% from October 2020. You can also view available properties for any of these communities. Industrial real estate The industrial property market as a whole is very healthy, with a low national vacancy rate and particularly tight conditions in Vancouver and the Greater Toronto Area. Award-winning agents. Colliers Real Estate Review (CRER) is an annual in-depth review of all asset classes within Edmonton’s commercial real estate market conditions and transactions from the previous year. Edmonton’s industrial market has held its vacancy rate steady currently at 6.1% in Greater Edmonton, with the most absorption being seen in South Edmonton in the last quarter. Market Reports Quarterly and topical research insights to help your business gain competitive edge in commercial real estate. “The ongoing oil price gap and Alberta’s uncertainty heading into the next election could have a dampening effect on Edmonton’s office market in 2019,” the report said. The number of new residential listings is up year over year, increasing 3.05% from November 2019. Overall residential sales … View CRE Thought Leadership Quarterly and topical research insights to help your business gain competitive edge in commercial real estate. “People want to be downtown and close to that environment,” Young said. Whether you are looking to lease or buy, there are plenty of options available. © 2020 Edmonton Journal, a division of Postmedia Network Inc. All rights reserved. Monthly Market Statistics Update Residential Unit Sales up 27.18% compared to November 2019. experts in edmonton’s commercial real estate market We strive to be the #1 source of information for commercial real estate in Edmonton. September 6, 2019 It was not hard to count the dollar volume for Edmonton’s downtown highrise office building sales for the first half of this year. Prices starting at $45,000 Residential Unit Sales up 27.18% compared to November 2019. There is abundant and competitively-priced real estate for expanding or relocating businesses. Unlike other Canadian regions, the Edmonton Metropolitan Region has approximately 11,000 net acres of light, medium, and heavy industrial lands available for development. Use the map view to find Edmonton, AB Commercial Real Estate properties and building for sale or for lease near you or in the location you desire. CBRE Research prepares local Edmonton MarketViews on the office, industrial and the retail sectors. We’re pleased to see year-over-year increases in pricing across all markets, with single family home pricing up 4.39%, duplexes up 4.79%, and condos up 1.18%.” Learn more by clicking our most recent Edmonton MarketBeat reports below. Edmonton Real Estate Market Reports CBRE Research prepares local Edmonton MarketViews on the office, industrial and the retail sectors. Read more about cookies here. Romania’s real estate market is buoyed by one of the strongest GDP growth rates in the EU. Overall inventory in the Edmonton CMA fell 15.07% from November of last year and decreased 10.94% from October 2020. Whether you are looking to lease or buy, there are plenty of options available. There is abundant and competitively-priced real estate for expanding or relocating businesses. Real Estate Thought Leadership. The key to driving productivity in the knowledge economy. CBRE Research prepares local Edmonton MarketViews on the office, industrial and the retail sectors. Industrial real estate . “There have also been more sales of single-family homes, condos and duplexes compared to November of last year, while we’ve seen decreasing month over month sales in all markets, which is typical for this time of year. November 2019, and a 0.86% decrease from October 2020. We were the first (and still the only) blog to publish a weekly market report in addition to providing numerous articles about the process of leasing or purchasing a property. EDMONTON, ALBERTA - 10/19/2020 - A new report, "Q3 Commercial Market Report 2020" has been released today by NAI Commercial Real Estate Inc. Read the Report October Sale Listings Overall, all residential listings averaged 54 days on market, decreasing by 15 days on market year-over-year and increasing by four days compared to the previous month. Another commercial real estate firm, Colliers International, concurred in its final 2018 report that the city’s office market will be on the rise looking ahead to 2019. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Please try again. Single family homes averaged 49 days on the market, a fifteen-day decrease from last year. Edmonton Real Estate Market Reports. Transwestern's market research team produces real estate market reports every month which highlight the health of the commercial real estate market. Below you'll find statistics on residential listings in Edmonton and surrounding communities, updated every day from the MLS, including the average price, average days on market, average price reduction, average price of homes by bedroom, and more. A welcome email is on its way. Download Romania Report Looking at the industrial real estate market, the CBRE report highlights positive growth in Nisku and Leduc with 10 straight quarters of positive absorption. For the month of November, single family home unit sales are up 36.10% from November 2019 and decreased 19.41% from October 2020 at 901. Uses cookies to personalize your content ( including ads ), and market reports quarterly and topical Research to. Amalgamated into the Alberta real estate market, which has displayed resilience global... And market reports quarterly and topical Research insights to help your business benefit via the avison Young 's Research produces... 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