Edmonton Condominium Community Offers Changing Market Dynamics

    EDMONTON, AB, June 15, 2012 /24-7PressRelease/ -- Now is the time to buy Edmonton condominiums. Although the market still has more sellers than buyers for the moment, the market dynamics are rapidly changing with inventory levels dropping across the region. As far as Edmonton condos are concerned, real estate is definitely moving towards a seller's market.

First-time buyers are not only costing themselves thousands of dollars by waiting but could also be faced with a drastically reduced selection of Edmonton condominiums in the very near future. The current buyer's market offers a bigger choice and therefore, more competitive pricing than it will do in the months and years to come.

Taking a look at the main market drivers, the City of Edmonton is set to lead the nation in job growth, which will bring more job hunters to the area. Vacancy rates in the rental market are continually dropping, which will push up rents and force more people into the home market.

First-time buyers snapping up Edmonton condominiums while they can still afford to would be wise to check out the areas that expect the most future growth and therefore the strongest market appreciation. A key area is downtown and the 105 Avenue revitalization district where Maxx Urban Condos is right in the heart of the urban renaissance.

Time is already running out for buyers. Some areas have by now become seller's markets with numerous multiple offer situations already at play. For anyone seeking a reasonably priced condo, Edmonton is well worth exploring but buyers need to take action right now. There are still some great opportunities to get in on the future market appreciation of condos in Edmonton.

More information on Maxx Urban Condos can be found at http://www.livemaxx.ca.

About the Company:

Maxx Urban Condos is an Edmonton-based urban development group. The company was identified in 2004 as a key contributor to the strategic development of 105th Avenue in Edmonton and is committed to providing high-quality downtown Edmonton condos for sale.

MAXX features contemporary west coast architecture and a unique court yard design that enhances lifestyle enjoyment while at the same time creating greater suite privacy. This stylish concrete and steel building features secure underground parking, large balconies and premium common area and suite fixtures and finishes.

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