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6 Home Buying Mistakes to Avoid (and How to Get It Right)

Buying a home is one of the most exciting milestones in life—but it can also be one of the most expensive places to make a mistake.

Whether you’re a first-time buyer or moving up, avoiding a few common pitfalls can save you thousands of dollars, a ton of stress, and a lot of regret.

Here are 6 of the most common home buying mistakes—and how to avoid them.

1. Falling in Love Before the Numbers

It’s easy to walk into a home and immediately picture your future there. But emotions can quickly override logic.

The risk:
You stretch beyond your budget or overlook financial red flags just to “make it work.”

The smarter approach:
Always get pre-approved and understand your numbers before you start shopping. Let your budget guide your decisions—not your emotions.

2. Skipping the Home Inspection

In competitive markets, some buyers consider skipping inspections to make their offer more appealing.

The risk:
Hidden issues like foundation problems, roof damage, or outdated systems can cost you thousands after you move in.

The smarter approach:
Never skip the inspection unless you fully understand—and are prepared for—the risk. A professional inspection is your safety net.

3. Overstretching Your Budget

Just because you’re approved for a certain amount doesn’t mean you should spend it all.

The risk:
Becoming “house poor”—where most of your income goes toward your home, leaving little for lifestyle, savings, or emergencies.

The smarter approach:
Set a comfortable monthly budget that still allows flexibility for life. Your home should support your lifestyle—not restrict it.

4. Ignoring the Neighbourhood

You’re not just buying a home—you’re buying into a community.

The risk:
Great house, wrong location. Issues like commute times, school zones, or lack of amenities can impact your daily life and resale value.

The smarter approach:
Visit the neighbourhood at different times of day, research future developments, and make sure it aligns with your lifestyle.

5. Waiving Protections to “Win”

In multiple-offer situations, buyers sometimes remove conditions to stand out.

The risk:
You take on unnecessary financial and legal risk just to secure the property.

The smarter approach:
Work with an experienced team who can help you stay competitive without putting yourself in a vulnerable position.

6. Focusing on Cosmetic Over Structural

Fresh paint and nice staging can be distracting.

The risk:
Overlooking major structural or mechanical issues because the home “looks good.”

The smarter approach:
Look beyond the finishes. Pay attention to the roof, foundation, windows, plumbing, and electrical systems—these are the costly items.

Final Thoughts

Buying a home doesn’t have to be overwhelming—but it does require the right strategy and guidance.

Avoiding these common mistakes can make the difference between a smooth, confident purchase and a stressful experience filled with surprises.

Thinking About Buying?

At METROYEG Realty & Mortgage Team, we help you navigate every step—from pre-approval to possession—so you can buy with confidence and clarity.

📩 Reach out anytime to start your home buying journey the right way.

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First-Time Home Buyers: You Could Save Up to $50,000 on a New Home

Buying your first home just got a lot more attainable.

The federal government has introduced new legislation (Bill C-4) that removes GST on qualifying new homes—potentially saving first-time buyers up to $50,000. If you’ve been sitting on the sidelines, this could be the opportunity that finally makes homeownership within reach.

Let’s break down what this means and how it could impact you.

What’s Changing?

The new policy eliminates GST on certain newly built homes, reducing the upfront cost of purchasing a property.

Here’s a simple breakdown:

  • First-time home buyers may qualify

  • Applies to new builds and pre-construction homes

  • No GST on homes priced up to $1 million

  • Partial GST savings on homes priced between $1 million and $1.5 million

This is a significant shift that directly lowers the cost of buying a new home—something that hasn’t been easily accessible for many buyers in recent years.

The Catch (And Why It Matters)

As with most government programs, there are some important limitations to be aware of.

This GST relief:

  • Only applies to new homes

  • Does NOT apply to resale properties

That means if you're considering an existing home, this particular incentive won’t apply—but for buyers open to new construction, the savings can be substantial.

Why This Is a Big Deal for Buyers

This isn’t just a small rebate—it’s a meaningful reduction in your upfront costs.

Lower upfront costs can mean:

  • A more manageable down payment

  • Reduced closing costs

  • Greater purchasing power

  • Easier entry into the market

For many first-time buyers, the biggest barrier isn’t monthly payments—it’s getting into the market in the first place. This change directly addresses that challenge.

Is Now the Right Time to Buy?

If you’ve been waiting for the right moment, this could be it.

With potential savings of up to $50,000, combined with the right mortgage strategy and guidance, stepping into homeownership may be more realistic than ever.

How to Take Advantage of This Opportunity

Navigating new builds, pre-construction timelines, and financing options can feel overwhelming—but you don’t have to figure it out alone.

At METROYEG, we help you:

  • Understand if you qualify for GST savings

  • Explore the right new-build opportunities

  • Structure your mortgage to maximize affordability

  • Coordinate everything from pre-approval to possession

Final Thoughts

Government incentives like this don’t come around often—and when they do, they can make a real difference.

If you’ve been thinking about buying your first home, now is the time to explore your options and see how much you could save.

First Time Home Buyer GST Rebate

Have questions or want to see what you qualify for?
Reach out to the METROYEG team—we’re here to help you make your next move with confidence.

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Greater Edmonton Area Weekly Market Watch (March 18 – March 24, 2026)

The latest real estate data for the Greater Edmonton Area shows a market that continues to evolve as we move further into the spring season. While some metrics are holding steady, others reflect shifting dynamics between buyers and sellers.

New Listings See a Slight Dip
There were 842 new listings added to the market this week, representing an 8% decrease compared to the previous period. This slight pullback in inventory could indicate that some sellers are waiting for more favorable conditions, or simply pacing their entry into the busy spring market.

Sales Activity on the Rise
Unit sales came in strong at 533 transactions, marking a notable 14% increase. This jump in activity suggests that buyer demand remains active and confident, even as inventory tightens slightly. Well-priced homes continue to attract attention and move quickly.

Prices Holding Steady Overall
The average price across the market remained stable at $474,000, showing no change week-over-week. This stability is a positive sign, indicating a balanced environment without significant volatility.

Meanwhile, the median price sits at $436,000, down slightly by 2%. This minor adjustment may reflect a higher proportion of more affordable homes selling, rather than a broad decline in property values.

What This Means for Buyers and Sellers
For sellers, strong sales activity combined with stable pricing suggests a solid opportunity—especially for homes that are priced competitively and show well.

For buyers, while competition is increasing, the slight dip in median price and reduced new listings means acting quickly and strategically is key.

Looking Ahead
As we continue into the spring market, all eyes will be on inventory levels and whether new listings rebound. If demand continues at this pace, we could see increased competition and potential upward pressure on prices in the coming weeks.

Stats are sourced from Realtor.ca and reflect residential properties including detached, semi-detached, row/townhouse, and apartment condominiums.

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Why METROYEG Is the Best Choice for Your Mortgage & Real Estate Needs in Edmonton

Buying or refinancing a home in Edmonton is one of the biggest financial decisions you’ll ever make. Between navigating mortgage rates, understanding the market, and coordinating your purchase, it can quickly feel overwhelming.

That’s exactly why having the right team on your side matters.

At METROYEG, we combine real estate expertise with mortgage solutions—giving you a seamless, stress-free experience from start to finish.

Here’s why so many Edmonton clients trust our team.

1. A True One-Stop Shop: Real Estate + Mortgage Expertise

One of the biggest advantages of working with METROYEG is having both realtors and mortgage brokers under one roof.

Instead of juggling multiple professionals, you get:

  • Expert guidance on buying or selling

  • Mortgage advice tailored to your situation

  • A fully coordinated strategy from pre-approval to possession

Unlike traditional banks that only offer their own products, mortgage professionals can access multiple lenders and options to better suit your needs .

With METROYEG, everything works together—saving you time, stress, and money.

2. Personalized Guidance for Edmonton Buyers

Every market is different—and Edmonton is no exception.

From navigating competitive neighborhoods to understanding pricing trends, having local expertise is key. METROYEG focuses specifically on the Edmonton market, helping you:

  • Understand what you can afford

  • Identify the right opportunities

  • Make confident, informed decisions

Whether you’re a first-time buyer, upgrading, or investing, we tailor every step to your goals.

3. Access to Competitive Mortgage Rates & Options

Many buyers don’t realize that sticking with one bank can limit their options.

Mortgage professionals work with multiple lenders, giving clients access to a wider range of products and potentially better rates .

At METROYEG, we:

  • Shop the market for you

  • Compare multiple lenders

  • Structure your mortgage to fit your long-term plans

The result? A mortgage that works for you—not just what a single institution offers.

4. Clear Communication Every Step of the Way

Buying a home can feel confusing—but it shouldn’t.

We prioritize:

  • Fast, clear communication

  • Breaking down complex terms into simple language

  • Keeping you informed at every stage

From your first consultation to closing day, you’ll always know what’s happening and what comes next.

5. A Stress-Free, Fully Supported Experience

Let’s be honest—real estate and mortgages can be stressful.

That’s why our goal is simple: make the process as smooth as possible.

We handle the details so you don’t have to:

  • Coordinating financing and deadlines

  • Managing paperwork

  • Problem-solving behind the scenes

With the right team, what feels overwhelming becomes manageable—and even exciting.

6. Proven Results & Client-First Approach

At METROYEG, everything we do is built around one thing: your success.

We’re committed to:

  • Honest advice

  • Strategic planning

  • Long-term relationships—not just transactions

Because your home isn’t just a purchase—it’s part of your future.

Ready to Make Your Move in Edmonton?

Whether you’re buying your first home, refinancing, or upgrading, having the right team makes all the difference.

With METROYEG, you get:
✔ Local Edmonton expertise
✔ Integrated real estate + mortgage services
✔ Access to better options and rates
✔ A team that truly has your back

Let’s make your next move the right one.

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Edmonton Real Estate Market Update: March 11–17, 2026

The real estate market in Edmonton continues to show steady momentum as we move through March. This past week brought a mix of modest inventory changes and solid buyer activity, pointing to a balanced yet active spring market.

New Listings Slightly Down

There were 916 new listings added to the market this week, representing a 2% decrease compared to the previous week. While this is a slight dip, inventory levels remain healthy, giving buyers a range of options across different property types.

Sales Activity on the Rise

Unit sales came in strong at 467 transactions, marking an 8% increase week-over-week. This uptick signals growing buyer confidence and continued demand as we head deeper into the spring market—traditionally one of the busiest times of the year.

Home Prices Trending Upward

Price growth remains steady across the board:

  • Average Price: $475,000 (+3%)

  • Median Price: $445,000 (+2%)

These increases suggest that while the market is active, price appreciation is happening at a sustainable pace—good news for both buyers and sellers.

What This Means for Buyers and Sellers

For buyers, rising sales and stable pricing indicate that acting sooner rather than later may be beneficial before competition intensifies further.

For sellers, the combination of increasing sales and steady price growth creates an ideal environment to list, especially with serious buyers actively entering the market.

Thinking About Making a Move?

Whether you’re buying, selling, or just exploring your options, staying informed on weekly trends can help you make smarter real estate decisions in Edmonton’s evolving market.

Data sourced from REALTOR.ca and the MLS® System.

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Bank of Canada Holds Policy Rate Steady at 2.25%: What It Means for Canadians

The Bank of Canada has once again held its policy rate steady at 2.25%, signaling a cautious but deliberate approach as economic uncertainty continues to unfold globally.

This rate sits at the lower end of the Bank’s estimated “neutral” range—meaning monetary policy is currently neither stimulating nor slowing the economy. With inflation hovering just below the Bank’s 2% target and core inflation easing to 2.3%, policymakers believe the current rate is appropriate for now.

Global Conflict Driving Economic Uncertainty

A major factor influencing this decision is the ongoing War in Iran, which is now in its third week and already having widespread economic consequences.

The conflict has disrupted global supply chains and triggered a sharp rise in energy prices. The near closure of the Strait of Hormuz—a critical route for global oil shipments—has created bottlenecks affecting not only oil and natural gas but also key commodities like fertilizer.

As a result:

  • Global inflation is expected to rise in the short term

  • Financial conditions have tightened

  • Bond yields are increasing

  • Equity markets are declining

  • Credit conditions are becoming less favorable

Despite these pressures, the Canadian dollar has remained relatively stable against the U.S. dollar.

A Softening Labour Market

Both Canada and the U.S. are experiencing a slowdown in employment.

Recent gains seen late in 2025 have been reversed, with Canada’s unemployment rate rising to 6.7% in February 2026. Export data is also showing signs of weakness, although it remains too early to fully assess how the Middle East conflict will impact long-term economic growth.

Trade Challenges and Shifting Global Partnerships

Canada continues to navigate significant trade uncertainty, particularly in relation to the United States. While efforts are underway to diversify trade relationships globally, replacing the scale and efficiency of the U.S. market is no easy task.

Even with increased oil exports to China and growing opportunities in Europe and Asia, there is currently no single market that can fully offset reduced demand for Canadian steel and aluminum from the U.S.

The future of the CUSMA remains a key factor in Canada’s economic outlook. It may take several more months before there is clarity on the direction of this agreement.

What This Means for the Housing Market

Canada’s housing market has been in a gradual downturn over the past few years.

  • Nominal home prices have declined approximately 20% since their peak in early 2022

  • When adjusted for inflation, real home prices are down nearly 30%

For buyers—especially first-time homebuyers—this presents a significant opportunity to enter the market at more favorable price points.

Rising Bond Yields and Mortgage Rates

Even though the Bank of Canada has held its overnight rate steady, market-driven interest rates are rising.

  • The 5-year bond yield is approaching 3%

  • The 2-year bond yield sits at 2.72%, notably above the overnight rate

As a result, lenders have already begun increasing fixed mortgage rates. If expectations continue to lean toward rising rates, fixed-rate mortgages may become the more attractive option for many borrowers.

The Bottom Line

The Bank of Canada is walking a fine line—balancing inflation control with the need to support economic stability during a period of global uncertainty.

With geopolitical tensions, shifting trade dynamics, and rising borrowing costs, Canadians—especially homebuyers and homeowners—should stay informed and be prepared to adapt their financial strategies.

While challenges remain, opportunities are emerging—particularly in the housing market for those ready to act.

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Home Inspections: What Buyers Should Know in Edmonton

When purchasing a home, one of the most important steps in the process is the home inspection. Whether you’re buying your first property or your fifth, a home inspection provides valuable insight into the condition of the property before the purchase is finalized.

At MetroYEG Realty & Mortgage Team, we always recommend buyers consider a professional home inspection. It helps ensure there are no major surprises and gives you a clearer understanding of the home you’re purchasing.

Here’s what you should know about home inspections when buying in the Edmonton area.

What Is a Home Inspection?

A home inspection is a professional evaluation of a property's visible condition. A qualified home inspector examines the home’s major components to identify potential issues, safety concerns, and maintenance items.

The goal of an inspection isn’t to determine whether a home is “perfect.” Instead, it helps buyers understand the overall condition of the property and identify areas that may require repair, replacement, or future maintenance.

Why Home Inspections Are Important

A home inspection can reveal information that may not be visible during a typical showing. It allows buyers to make more informed decisions before completing the purchase.

A home inspection can help you:

  • Understand the overall condition of the property

  • Identify potential repairs or safety concerns

  • Learn the age and condition of major systems

  • Plan for future maintenance costs

  • Gain peace of mind before moving forward

Even well-maintained homes can have issues, which is why inspections are recommended for most real estate purchases.

What Home Inspectors Typically Check

During a standard inspection, the inspector will review many of the home’s key systems and components.

These typically include:

Exterior

  • Roof condition and shingles

  • Gutters and downspouts

  • Siding and exterior walls

  • Grading and drainage around the home

  • Windows and doors

Structure

  • Foundation

  • Basement walls

  • Visible structural components

Interior

  • Walls, ceilings, and floors

  • Windows and doors

  • Stairs and railings

Plumbing

  • Visible pipes

  • Faucets and drains

  • Water heater

  • Signs of leaks

Electrical

  • Electrical panel

  • Outlets and switches

  • Visible wiring

Heating and Ventilation

  • Furnace

  • Thermostat

  • Ventilation systems

  • Air conditioning (if present)

If appliances are included in the purchase, inspectors will typically check those as well.

What a Home Inspection Does NOT Include

Home inspections focus on visible and accessible areas of the home. Because of this, there are certain things that are typically not included in a standard inspection.

These often include:

  • Issues hidden inside walls or ceilings

  • Sewer line inspections (camera inspections are often done separately)

  • Mold or air quality testing

  • Asbestos or hazardous material testing

  • Detailed engineering reports

  • Cosmetic concerns

If the inspector identifies a potential concern, they may recommend additional specialized inspections.

What to Expect During a Home Inspection

Most home inspections take between 2–4 hours, depending on the size, age, and condition of the home.

Buyers are encouraged to attend the inspection if possible. This allows you to ask questions and learn more about how the home’s systems work.

After the inspection, the inspector will provide a detailed report, typically within 24 hours. This report often includes photos, notes about any deficiencies, and recommendations for maintenance or repairs.

How Much Do Home Inspections Cost in Edmonton?

In the Edmonton area, a typical home inspection costs between $450 and $650, depending on the size of the home.

Some buyers also choose to add additional services such as:

  • Sewer camera inspections

  • Radon testing

  • Thermal imaging

Your real estate professional can help determine whether these additional inspections may be worthwhile depending on the property.

Final Thoughts

A home inspection is one of the best tools available to help buyers understand the property they are purchasing. While no home is perfect, an inspection helps identify potential issues and gives buyers the information they need to move forward with confidence.

If you are buying a home in Edmonton and have questions about the inspection process, the team at MetroYEG Realty & Mortgage Team is always happy to help guide you through the next steps.

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Spring Real Estate in Edmonton: Why This Season Is One of the Best Times to Buy or Sell

As the snow starts to melt and the days get longer, the real estate market in Edmonton begins to heat up. Spring is traditionally one of the busiest seasons for buying and selling homes, and for good reason.

At MetroYEG, our team of realtors and mortgage brokers helps clients navigate the spring market with confidence, whether you're buying your first home, upgrading, downsizing, or refinancing.

Here’s why spring is such an important time in the Edmonton real estate market.

More Homes Hit the Market

Spring is when many homeowners decide to list their properties. Better weather makes it easier to show homes, and sellers often want to move before summer.

For buyers, this means more options and more variety. Instead of choosing from limited winter inventory, you’ll typically find a wider selection of:

  • Single-family homes

  • Condos and townhomes

  • Acreages and luxury properties

If you’ve been waiting for the right home to appear, spring is often when it finally does.

Buyers Are More Active

Spring also brings a surge of motivated buyers in Edmonton. Many families prefer to move during the summer months so they can settle in before the next school year begins.

Because of this, homes that are priced well and properly marketed tend to sell quickly.

For sellers, this can mean:

  • More showings

  • More competition among buyers

  • Stronger offers

At MetroYEG, we help sellers position their homes to stand out in a competitive market.

Mortgage Pre-Approvals Matter More in Spring

With more buyers competing for homes, having your mortgage pre-approval ready becomes especially important.

As a combined realtor and mortgage broker team, MetroYEG can help you:

  • Get pre-approved before you start house hunting

  • Understand your true purchasing power

  • Compare mortgage options from multiple lenders

  • Move quickly when the right property appears

Being prepared financially can make a huge difference when competing for a home in the busy spring market.

Spring Is the Perfect Time to Boost Your Home’s Value

If you’re thinking about selling, spring also makes it easier to improve curb appeal.

Simple upgrades can go a long way, such as:

  • Cleaning up the yard after winter

  • Adding fresh mulch or flowers

  • Washing windows and siding

  • Touching up paint inside the home

These small improvements can help your property make a strong first impression with buyers.

Thinking About Buying or Selling in Edmonton This Spring?

Spring can bring great opportunities for both buyers and sellers, but preparation is key.

At MetroYEG, our team offers both real estate and mortgage expertise to help guide you through every step of the process in Edmonton and surrounding communities.

If you're thinking about making a move this spring, we’d be happy to help you explore your options and create a plan that works for you.

✔ Buying a home
✔ Selling your property
✔ Mortgage pre-approvals
✔ Refinancing or renewals

MetroYEG is here to help with it all!

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Edmonton Real Estate Market Watch: February 25 – March 3, 2026

The latest weekly housing data for the Greater Edmonton Area shows an interesting mix of increased listing activity, slightly slower sales, and stable pricing. For buyers and sellers watching the market closely, these weekly trends provide valuable insight into where the market may be heading this spring.

More Homes Are Hitting the Market

During the week of February 25 – March 3, 2026, there were 843 new listings across the Greater Edmonton Area. This represents a 19% increase compared to the previous week.

An increase in listings often means more options for buyers entering the market. As we move toward the spring market, it’s common to see more homeowners list their properties, which can help balance supply and demand.

Unit Sales Slightly Lower

There were 419 residential unit sales reported during the same week, which is a 6% decrease from the previous week.

While weekly fluctuations in sales are normal, activity remains steady overall. Many buyers are still actively searching, but some may be waiting for additional inventory before making a move.

Home Prices Continue to Hold Strong

Despite the slight dip in sales, home prices remain stable in the Edmonton market.

  • Average Price: $461,000 (+1%)

  • Median Price: $445,000 (+2%)

These numbers show that values are continuing to hold firm, which is encouraging for homeowners considering selling. Stable pricing also indicates ongoing demand for homes across the Edmonton region.

What This Means for Buyers and Sellers

For Buyers:

  • More listings mean more choice.

  • Stable prices suggest a competitive but balanced market.

  • Acting quickly on desirable homes may still be important.

For Sellers:

  • Prices remain strong.

  • Increased listings mean competition is growing.

  • Strategic pricing and strong marketing are key to attracting buyers.

Thinking About Buying or Selling in Edmonton?

Whether you're planning to buy your first home, upgrade, downsize, or invest, staying informed about weekly market trends can help you make smarter real estate decisions.

If you have questions about the Edmonton real estate market or want to know what your home might be worth in today’s market, the MetroYEG team is always happy to help.

Stats are from realtor.ca.

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5 Things We Always Look for When Showing You a Home

Buying a home is one of the biggest financial decisions you’ll ever make. Beautiful photos and staging can make any property look appealing — but as experienced REALTORS®, we’re trained to look deeper.

Here are five critical things we always evaluate when showing you a home to help you make confident, informed decisions.

1. Are There Any Signs of Water Damage, Drainage Problems, or Foundation Issues?

Water is one of the most expensive problems a homeowner can face.

We carefully look for:

  • Discoloration on ceilings or walls

  • Warped flooring or swollen baseboards

  • Musty smells

  • Improper exterior grading

  • Cracks in foundation walls

These issues can lead to costly repairs down the road. Identifying potential red flags early protects you from unexpected expenses and major structural concerns.

2. How Old Is the Roof & Major Systems of the Home?

A home isn’t just about finishes — it’s about the systems behind the walls.

We assess the age and condition of:

  • Roofing

  • HVAC systems

  • Water heater

  • Windows

  • Appliances

Knowing the lifespan of these components helps you anticipate future replacement costs. A home with an aging furnace or roof may still be a great purchase — but it’s important to factor those upcoming expenses into your decision and negotiation strategy.

3. What Is Motivating the Sellers to Move?

Understanding seller motivation can significantly impact your negotiation power.

Are they:

  • Relocating for work?

  • Downsizing?

  • Facing financial pressure?

  • Selling due to a life change?

The seller’s situation affects pricing flexibility, timing, risk, and bargaining leverage. When we understand the “why,” we can help you make smarter, more strategic moves during negotiations.

4. Did the Listing Accurately Represent the Home?

Photos can be misleading. Marketing can highlight strengths while downplaying concerns.

We compare:

  • Online photos vs. in-person condition

  • Staging vs. actual layout flow

  • Descriptions vs. reality

Clarifying accuracy protects you from surprises and ensures you’re evaluating the property itself — not just the marketing around it.

5. How Does This Home Compare to Other Options?

Context is everything.

We constantly evaluate:

  • Price per square foot

  • Location advantages

  • Feature comparisons

  • Recent comparable sales

  • Competing active listings

Comparing properties gives you perspective. It helps you determine whether you’re getting value and ensures you’re making decisions with confidence — not emotion.

Why This Matters

Anyone can unlock a door and show you a house.

Our role is to protect your investment, reduce your risk, and help you make informed, strategic decisions every step of the way.

A home purchase isn’t just about falling in love with a kitchen — it’s about understanding the structure, the systems, the market, and the negotiation strategy behind it.

If you’re thinking about buying and want guidance that goes beyond the surface, we’re here to help.

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Edmonton Real Estate Market Update: Weekly Market Watch (February 18–24, 2026)

The Greater Edmonton Area real estate market continues to show steady movement as we move further into Q1. Here’s your MetroYEG Weekly Market Watch breakdown for February 18–February 24, 2026.

Whether you're buying, selling, or simply watching the market, these numbers give valuable insight into current trends across Edmonton and surrounding communities.

📊 Weekly Snapshot – Greater Edmonton Area

New Listings: 706
⬇️ Down 6%

Unit Sales: 444
⬆️ Up 13%

Average Price: $456,000
⬇️ Down 1%

Median Price: $435,000
⬇️ Down 1%

What This Means for Buyers in Edmonton

With unit sales up 13% and new listings down 6%, we’re seeing increased buyer activity paired with slightly tighter inventory. This can signal growing competition, particularly in well-priced detached homes and move-in-ready properties.

The slight 1% decrease in both average and median price suggests that while demand is strong, pricing remains relatively stable. For buyers, this creates opportunity — especially before we hit the traditionally busier spring market.

If you’re considering purchasing in Edmonton, acting sooner rather than later may give you an advantage before further demand increases.

What This Means for Sellers

Even though average and median prices dipped slightly, the 13% increase in unit sales tells us one important thing: homes are moving.

Serious buyers are active in the market. Proper pricing, strong marketing, and strategic negotiation are more important than ever. A well-prepared home is still selling efficiently in the Greater Edmonton Area.

If you're thinking about listing this spring, now is the time to start preparing.

Edmonton Market Trend Insight

When sales increase while listings decrease, it often creates upward pressure on pricing over time. While we haven’t seen a significant price shift yet, continued demand could strengthen seller leverage as we move further into spring.

At MetroYEG, we’re closely watching:

  • Inventory levels week-over-week

  • Days on market trends

  • Buyer activity by property type

  • Detached vs. condo performance

Real estate is hyper-local. What’s happening city-wide may differ significantly from what’s happening in your neighbourhood.

Thinking About Making a Move?

Whether you're upgrading, downsizing, investing, or buying your first home in Edmonton, having accurate data — and a strategy — makes all the difference.

If you'd like a customized market evaluation for your specific property or neighbourhood, reach out to the MetroYEG team. We’re here to help you make confident, informed decisions.

Statistics are based on data from REALTOR.ca and the REALTORS® Association of Edmonton MLS® System. Total residential includes detached, semi-detached, row/townhouse, and apartment condominium properties.

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8 Practical Tips to Declutter Your Home (Especially Before You Sell)

One of the biggest factors that impacts how buyers feel when they walk into a home isn’t flooring, paint colour, or even renovations…

It’s clutter.

A cluttered home feels smaller, darker, and more stressful — even if it’s actually a great property. The good news? Decluttering doesn’t require a massive renovation or expensive upgrades. Small, intentional steps can completely change how your home shows and photographs.

Here are 8 simple, realistic decluttering strategies that actually work.

1. Start Somewhere (Anywhere)

Decluttering can feel overwhelming when you look at the entire house at once. That’s usually why people procrastinate.

Instead of tackling everything, choose one small starting point:

  • a pile of papers

  • a junk drawer

  • a single closet

  • a bathroom cabinet

Momentum matters more than perfection. Once you begin, it becomes much easier to continue.

2. Create Three Categories: Keep, Donate, Sell

This is the easiest system to stay organized.

Every item you pick up goes into one of three piles:
Keep | Donate | Sell

Use boxes or bins while you work. When a box fills, set it aside and grab another so you don’t stop your progress. The key is making a decision immediately — not later.

3. Use the 5-Second Rule

Here’s a powerful test:

If you pick up an item and you can’t remember the last time you used it within 5 seconds, you probably don’t need it.

We often hold onto things “just in case,” but rarely use them. Items you haven’t used in years quietly take up valuable visual and physical space.

4. Ask: Does It Actually Bring You Joy?

This sounds simple, but it works.

If an item doesn’t:

  • serve a purpose, or

  • make you happy

…why is it still in your home?

Buyers notice emotional clutter just as much as physical clutter. The goal is to make the space feel calm, clean, and easy to live in.

5. Eliminate Duplicates

Most homes have far more duplicates than owners realize.

Examples:

  • multiple spatulas

  • extra kitchen tools

  • old linens

  • duplicate cleaning supplies

  • backup decor items

You don’t need three of everything. Keeping only your best or favourite items instantly makes cabinets and drawers feel larger.

6. Recycle What You Can

Many homes store unused items that simply need to leave:

  • old cell phones

  • magazines

  • outdated paperwork

  • broken electronics

These items don’t belong in storage — they belong in recycling. Removing them frees up both space and mental load.

7. Set Time Limits

Decluttering doesn’t need to consume your entire weekend.

Set a timer:
20 minutes per room or area.

A time limit helps prevent overthinking. If you’re debating an item for longer than a few seconds, that’s usually your answer — it can go.

Short focused sessions are far more effective than occasional marathon cleaning days.

8. Don’t Let the Boxes Sit

This is the step most people miss.

You’ve sorted everything… but the donation boxes stay in the garage for months.

Once your boxes are full:

  • donate them

  • schedule pickup

  • list sale items immediately

Decluttering only works when items actually leave the house.

Why This Matters When Selling

Decluttering is one of the highest-return “upgrades” you can make before listing your home.

It helps:

  • rooms appear larger

  • photos look brighter

  • buyers focus on the home (not your belongings)

  • showings feel more comfortable

  • offers come faster

In many cases, proper decluttering alone can increase perceived value more than small renovations.

If you’re thinking about selling in Edmonton and want to know what specifically you should remove, store, or keep, our MetroYEG team can walk through your home and give you a personalized pre-listing plan.

Sometimes you don’t need to renovate — you just need to simplify.

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Data last updated on June 2, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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