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- Housing Starts in Edmonton Strengthen In March
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- How the New Mortgage Rules May Affect Home Prices, Sales
- INDUSTRY UPDATE:Adjacent Property Fire Protection During Construction
- Introducing the 2011 Awards of Excellence in Housing WINNERS
- Is the Fix In For Mortgages?
- Joining the Ranks of the First-Time Homeowner
- Karen Kinsley Reappointed as CMHC President
- Labour Crunch Threatens Alberta's Growth
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- Local Construction Contractors Fined a Combined $3,200 for Operating Without a Business License
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- May Home Sales Fall 9.5% on New Mortgage Rules
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- National Leader Pursues Solutions to Construction Costs
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- New Home Price Index for Canada Shows Modest Price Increase for January
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- Notice: CHBA-ER Annual General Meeting, Wednesday, January 11, 2012
- Ottawa Pulls $92M for New Royal Alberta Museum
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- Planned Residential Construction Up 34 % in 2010
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- Public Campaign on Building Codes and Energy in Alberta
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- Rate Hikes Unlikely in 2011
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- Renovated Grand Hotel Among New Sites for Affordable Housing
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- Slowdown Expected in Edmonton Home Construction
- St. Albert LRT Route Unveiled
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- Sun Shines on Belgravia Eco Home
- Tripling of Housing Starts Returns Builders to Pre-recession Levels
- Warning Issued to Edmonton Concrete Company
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News & Events
Joining the Ranks of the First-Time Homeowner
December 05, 2011
Compelling factors combine to make buying your very own place a realistic option
EDMONTON - Clay Simpson is pretty pumped and a little nervous about his new purchase — a $300,000 duplex in south Edmonton.
The 26-year-old, who graduated as a machinist from NAIT last spring, recently took possession of the 1,100-square-foot home.
“It’s definitely stressful,” he says of his decision to buy what will likely be one of the most expensive items he ever owns.
But making it a little easier was the knowledge that he’ll pay about $1,400 monthly on his mortgage, a rate he describes as affordable.
© 2009 Canadian Home Builder's Association - Edmonton