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Aug 2020 Edmonton Real Estate Report

Aug 2020 Edmonton Real Estate Report

Dear Friends,

Hopefully you’re enjoying the midsummer heat and maybe some lazier-than-usual days at home! 

Regardless of exactly what happens in Fall 2020, it’s certain that school of some form will be part of the picture. If you have kids, that means it’s time to start thinking about school again. If you’re moving to a new neighbourhood with kids, we’ve got four tips on how to research schools so you can make good decisions about your kids’ educations. 

Also, this month we review the July 1 changes to the Canadian Mortgage and Housing Corporation’s (CMHC) qualifying rules for mortgage insurance. If you’re looking to buy a property with less than 20 percent down, you’ll need mortgage insurance and you’ll want to read this update! Then you might want to consider talking to CMHC’s two major competitors. It’s looking like business-as-usual for them, with no changes in eligibility for insurance. 

Finally, this month our Edmonton neighbourhood profile is The Garneau, a near-university neighbourhood that’s full of diversity and life! 

I hope you enjoy the issue and I look forward to hearing from you regarding your real estate needs! 

Click here to open up this months market report

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