April, 2019 RSS Icon
Found 2 entries for April, 2019.

 

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
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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. 

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