RE/MAX River City hosts an Awards Breakfast once a year to congratulate the hard working Realtors in this office for their exceptional work within the City of Edmonton and surrounding area. The Preferred Real Estate Group was also present and received awards for "Top 25 Excellence" and "Top 3 Commercial Transactions".  We are proud to be a part of such a great core group of Realtors and are thrilled to be acknowledged for what we enjoy doing on a daily basis. Thank you to our Clients for allowing us the privilege of working with each and every one of you!

Photo of Shami Sandhu (left) Broker of RE/MAX River City providing John Carter (right) with an Award for Top 3 Commercial Transactions.

Check out our January Preferred Newsletter filled with valuable information. Here is a summary on what we have to offer…  Page 1: CMHC Rental Report– vacancy up, and rents down since Oct 08. Plus John Carter’s interview on CBC Radio One. Testimonials and Referrals– Thanks to Amanda Daub Page 2: Realtors Association of Edmonton Market Report– 2009 in review. ‘Cautious Optimism’ for 2010. Preferred Market Interpretation – balance market finally, a ... Full Article...

Highlights from CMHC Report - Fall 2009    - The apartment vacancy rate across the Edmonton Census Metropolitan Area (CMA) increased to 4.5 per cent in October 2009 from 2.4 per cent in October 2008.     - The average monthly rent for a two-bedroom apartment in new and existing structures in the Edmonton CMA was $1,015 this October, down from $1,034 in October 2008.     - In rental structures common to both surveys, the year-over-year change in the average rent for a two-bedroom apartment uni ... Full Article...

The New RE/MAX Market Insights newsletter is produced in conjunction with the Real Estate Research Corporation and the CCIM Institute. This new quarterly newsletter includes detailed, professional analysis of the U.S. commercial market, focusing on 12-month trailing and quarterly volume, price, cap rates and other trends in the office, industrial, apartment and retail sectors. Click here to view this newsletter in full detail...

Edmonton’s healthy residential housing market was the first to emerge from the depths of the recession, with sales surpassing year-to-date figures for 2008 in June 2009. Low interest rates, greater affordability, and pent-up demand were behind the push for real estate early in the year, as consumer confidence levels slowly escalated. First-time buyers snapped up entrylevel product at significant cost savings. By October, momentum had reached the top-end of the market, with sales over $750 ... Full Article...