Shafin Thawer

Shafin Thawer A spirit of success;A spirit of determination has played a pivotal role in shaping my life and perso

RBC: Housing recovery is coming, but don't expect a boomWe're seeing positive signs in Canada's housing market—resales a...
09/18/2026

RBC: Housing recovery is coming, but don't expect a boom
We're seeing positive signs in Canada's housing market—resales are on the rise, inventory levels are holding steady, and the pace of price declines is slowing down. RBC suggests that while we shouldn’t count on a dramatic boom, the market is moving toward recovery. There may be a slight dip in sales and prices in 2026, but by 2027, modest improvements are expected, driven by pent-up demand and improved affordability. As someone who markets homes in Edmonton and the surrounding areas, I keep a close watch on these trends to help clients navigate their options with confidence.


https://www.roomvu.com/agent-news/shafin-w-thawer/1969063-RBC%3A-Housing-recovery-is-coming%2C-but-don%27t-expect-a-boom

09/16/2026

Canada: Rate Cuts Can Worsen Affordability
As someone who’s helped clients navigate Edmonton’s real estate market, I see firsthand how interest rate cuts can quickly impact home demand—but not always in the way buyers might hope. Recent research from central bank analysts highlights that while lower rates make borrowing more attractive and encourage buyers to act faster, housing supply just can’t keep up, at least not right away. In Canada, we typically see resale activity rise soon after a rate cut, with the full effect showing up about 18 to 24 months later. On the other hand, new housing starts only tend to pick up around two years down the line, since builders need time for planning, permitting, and securing financing—especially for multi-unit projects. Strong job markets can make this even more pronounced, as people feel more secure in making big moves, and lenders are more flexible. While rate cuts may eventually lead to more homes being built, the lag means that monetary policy alone isn’t a quick fix for affordability. It’s a dynamic I watch closely in our local market, and it’s why understanding both sides of the equation—demand and supply—is key for anyone considering a move.

09/15/2026

Slowly but surely Canada's housing market is turning around
We're starting to see encouraging signs in Canada's housing market: four consecutive months of increased home resales and two months of price growth. Inventory is holding steady, while new listings are tapering off. Although activity remains 12% below the 10-year average and results vary by region, these shifts hint at renewed momentum. As someone who has helped clients navigate Edmonton and the surrounding areas, I’m always tracking these trends to help you make sense of what’s happening locally. If you’re curious about how these changes might impact your next move, you can always explore my current listings or those from our office.

09/14/2026

Canada Housing Just Got More Interesting
Noticing renewed momentum in Canadian home sales, but also a sense of caution among buyers lately. While we’re still seeing less activity than last year overall, there’s a shift: new listings are dropping as sales pick up, and that’s starting to nudge supply and demand toward a more balanced place. Price growth remains steady—good news for those seeking stability in their purchase or sale, rather than the big swings some expected. It’s worth highlighting how much regional differences matter right now. For those exploring opportunities in Edmonton and surrounding areas, understanding these local shifts is more important than ever. As always, keeping an eye on the details can make all the difference.

Canada's “Record” Housing Correction? Prices Near Highs In Most ProvincesCanadian home prices saw a slight dip in July—d...
09/13/2026

Canada's “Record” Housing Correction? Prices Near Highs In Most Provinces
Canadian home prices saw a slight dip in July—down 0.6% to $661,800—with six provinces experiencing declines and three Atlantic provinces recording gains. Since March 2022, we've seen a 21.3% drop, led mostly by notable corrections in Ontario and B.C. For those of us working in markets like Edmonton, it’s a reminder that real estate trends can vary greatly depending on location, even when national headlines say otherwise. Affordability continues to be a challenge for many, but understanding these shifts at both the national and local level is key to making informed decisions.
https://www.roomvu.com/agent-news/shafin-w-thawer/1937820-Canada%27s-%E2%80%9CRecord%E2%80%9D-Housing-Correction%3F-Prices-Near-Highs-In-M

Edmonton Buyers Enjoy Increased Home AffordabilityIt’s been an interesting summer for Edmonton real estate. In June, 73%...
09/12/2026

Edmonton Buyers Enjoy Increased Home Affordability
It’s been an interesting summer for Edmonton real estate. In June, 73% of homes sold for less than their list price—and after the first week, sale prices generally dropped even further. By July, we saw inventory rise by 20%, and homes spent an average of 31 days on the market—giving buyers more options and a bit more negotiating power. Detached homes continue to sell closer to list price compared to apartments, something I’ve noticed firsthand working with clients in Edmonton and the surrounding areas. If you’re keeping an eye on market trends, these shifts are worth watching as you plan your next move.
https://www.roomvu.com/agent-news/shafin-w-thawer/1911957-Edmonton-Buyers-Enjoy-Increased-Home-Affordability

Building a new homeThinking about building a new home? The appeal of customizing every detail is strong, but it's import...
09/11/2026

Building a new home
Thinking about building a new home? The appeal of customizing every detail is strong, but it's important to have a solid contract in place that spells out the specifications, costs, payment schedule, and builder warranties. If you're considering a new condo, take time to look into the developer's track record and understand all related fees. Builders are required to provide warranties, and I always recommend deposit protection insurance to give you extra peace of mind. I guide clients through these steps every day in Edmonton and surrounding areas—making sure every detail is covered before the first shovel hits the ground.
https://www.roomvu.com/agent-news/shafin-w-thawer/1928160-Building-a-new-home

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