Looking to buy a new home in Edmonton?  There are benefits and credits available to make it easier when it comes to buying a new home and after you purchase your home. 

The First Time Home Buyers Tax Credit 

You can receive as much as $750 back on your tax payment.  The HBTC is a non refundable credit that allows first time home buyers and those with disabilities to claim this refund. 

Line 369 - Home Buyers Amount

You can claim $5,000 for the purchase of a qualifying home in the year if both of the following apply:

• You or your spouse or common-law partner acquired a qualifying home.
• You did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding

Unit Sales Up From February 2019

Comparing to last month all unit sales up across all categories. Year to date sales were down 13.19% compared to March 2018. 

Average unit prices rose last month, relative to February, but are down slightly from March 2018.

 Single Family Homes

• Average price was $423,451 decreased 1.5% from last month.
• Highest priced single family home sold at $2,985,000.
• Average days on market was 66 days. 

Condos

• Average price was $213,856.
• Highest priced condo sold at $629,900.
• Average days on market for condos was 77 days. 

Duplex/Rowhouses

• Average price was $334,440.
• Highest priced duplex/rowhouse sold at $609,250.
• Average days on market for duplex/rowhouses was 65 days.