Wally Karout & Associates

06/05/2026

MAY MARKET STATS ARE OUT! 📊🏡

The Greater Edmonton Area real estate market remained active in May, with home prices continuing to show strength overall. Detached homes led the way with solid year-over-year price growth, while increased inventory is giving buyers more choice across the market. 🌟

Here’s a little breakdown:

• Sales were 13.4% lower than May 2025.
• New listings increased 2.7% compared to last year.
• The average residential selling price reached $491,794, up 6.3% year-over-year. 📈

Feel free to get in touch if you have any questions!

For more information, visit

Edmonton, AB – June 2, 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,557 sales in May 2026, increasing 3.2% in comparison to activity in April 2026 […]

06/01/2026

JUST LISTED! $699,980

16779 122 Street, Edmonton, AB, T5X 0H8

Welcome home to this immaculate and well maintained custom built home built by Coventry homes. This beautiful home is sure to please any large family or growing family. With over 3900+ sq ft of total living space this home has a total of 6 generous sized bedrooms, 3.5 baths, soaring 17' entry ceiling, with hardwood flooring, open concept bonus room on 2nd floor overlooking the main floor living room. The upper level houses the laundry room his/her closets & ensuite in primary bedroom This home has a large kitchen with stainless steel appliances, granite counters and ample storage. The basement was professionally finished by Coventry homes and has an additional 2 bedrooms a full bath a large rec room with a gas fireplace perfect for family gatherings. This home is located just steps to the walking trails & close to all amenities.

Welcome home to this immaculate and well maintained custom built home built by Coventry homes. This beautiful home is sure to please any large family or growing family. With over 3900+ sq ft of total living space this home has a total of 6 generous sized bedrooms, 3.5 baths, soaring 17′ entry ceil...

05/25/2026

JUST LISTED! $689,390

6331 175 Avenue, Edmonton, AB, T5Y 4B7

*** BACKING THE NATURAL RESERVE AND WALKING TRAILS *** Welcome to the "Willow" built by the award-winning builder Pacesetter homes and is located in the heart of McConachie and just steps to the walking trails and parks. As you enter the home you are greeted by luxury vinyl plank flooring throughout the great room, kitchen, and the breakfast nook. Your large kitchen features tile back splash, an island a flush eating bar, quartz counter tops and an undermount sink. Just off of the kitchen and tucked away by the front entry is a 2 piece bath next to the closed off den. Upstairs is the master's retreat with a large walk in closet and a 4-piece en-suite. The second level also include 2 additional bedrooms with a conveniently placed main 4-piece bathroom and a good sized bonus room. The unspoiled basement has a side separate entrance. Close to all amenities and also comes with a side separate entrance perfect for future development.*** This home is under construction and will be complete by October***

*** BACKING THE NATURAL RESERVE AND WALKING TRAILS *** Welcome to the “Willow” built by the award-winning builder Pacesetter homes and is located in the heart of McConachie and just steps to the walking trails and parks. As you enter the home you are greeted by luxury vinyl plank flooring throug...

05/18/2026

The Victoria Day long weekend has arrived! 😎🌷
Extra time off means a little more room for relaxing, catching up with friends and family, or getting a head start on spring projects around the house 🪴✨ From patio coffee mornings to finally organizing that one messy closet, hope the weekend brings a nice mix of productivity and downtime. Happy Victoria Day!

05/10/2026

Happy Mother's Day! 🌸 Hope today is filled with rest, good food, and quality time with the people (and pets 🐾) who matter most. Wishing everyone a wonderful day!

05/05/2026

APRIL MARKET STATS ARE OUT! 📊

The Edmonton Area real estate market continued its seasonal spring momentum in April, with sales activity strengthening month-over-month as more listings came to market. While conditions remain mixed across property types, overall pricing has shown modest growth heading into the peak spring period.

Here’s a little breakdown:

• Last month's sales were 8.1% fewer than a year before.
• There were 9.1% more homes listed than the previous year.
• The benchmark price for all home types was $431,900. 💰

☎️ Feel free to get in touch if you have any questions!

For more information, visit:

Edmonton, AB – May 1, 2026 — The Greater Edmonton Area (GEA) real estate market reported 2,482 sales in April 2026, increasing 16.4% in comparison to activity in March 2026 […]

05/05/2026

JUST LISTED! $385,998

267 Deer Valley Drive, Leduc, AB, T9E 0S3

NO CONDO FEES and AMAZING VALUE! You read that right welcome to this brand new townhouse unit the “Georgia” Built by StreetSide Developments and is located in one of Leduc's newest premier communities of Anderson. With almost 1300 square Feet, front and back yard is landscaped and a double detached garage, this opportunity is perfect for a young family or young couple. Your main floor is complete with upgrade luxury Laminate and Vinyl plank flooring throughout the great room and the kitchen. Highlighted in your new kitchen are upgraded cabinets, upgraded counter tops and a tile back splash. Finishing off the main level is a 2 piece bathroom. The upper level has 3 bedrooms and 2 full bathrooms that is perfect for a first time buyer. *** Under construction and the photos used are from show home of the same layout, the colors and finishings may differ for this home will be by September***

NO CONDO FEES and AMAZING VALUE! You read that right welcome to this brand new townhouse unit the “Georgia” Built by StreetSide Developments and is located in one of Leduc’s newest premier communities of Anderson. With almost 1300 square Feet, front and back yard is landscaped and a double det...

05/01/2026

The Bank of Canada has held its policy interest rate at 2.25% for the fourth time in a row 📊 — and whether you're buying, renewing, or just keeping an eye on the market, it's worth understanding what that means.

From fixed vs. variable mortgage breakdowns to what renewal holders can expect in 2026, this article covers it all in plain language. 🏡

Click the link to read the full breakdown, and feel free to reach out with any questions about how today's rate environment affects our local market. 💬

The Bank of Canada’s policy rate directly influences borrowing costs, including mortgage rates, and can have an impact on homeowners and home buyers.

04/27/2026

JUST LISTED! $535,997

22903 80 Avenue, Edmonton, AB, T5T 4N5

Welcome to the "Lainey" built by the award-winning builder Pacesetter homes and is located in the heart of Rosenthal and just steps to the neighborhood park and schools. As you enter the home you are greeted by luxury vinyl plank flooring throughout the great room, kitchen, and the breakfast nook. Your large kitchen features tile back splash, an island a flush eating bar, quartz counter tops and an undermount sink. Just off of the kitchen and tucked away by the front entry is a 2 piece powder room. Upstairs is the master's retreat with a large walk in closet and a 4-piece en-suite. The second level also include 2 additional bedrooms with a conveniently placed main 4-piece bathroom and a good sized bonus room. Close to all amenities and easy access to the Henday. ***Home is under construction the photos shown are of the show home colors and finishings will vary, home will be complete by the September ***

Welcome to the “Lainey” built by the award-winning builder Pacesetter homes and is located in the heart of Rosenthal and just steps to the neighborhood park and schools. As you enter the home you are greeted by luxury vinyl plank flooring throughout the great room, kitchen, and the breakfast noo...