Living in Magrath Heights: One of Southwest Edmonton’s Most Prestigious Communities

If you’re looking for an established Southwest Edmonton neighbourhood that offers upscale homes, scenic surroundings, and a strong sense of community, Magrath Heights is one of the most sought-after areas to consider.

Located in the desirable Riverbend area, Magrath Heights continues to attract buyers who value quality homes, excellent amenities, and a premium lifestyle.

Where is Magrath Heights?

Magrath Heights is ideally located in Southwest Edmonton, just off Rabbit Hill Road and close to Anthony Henday Drive.

From here, you can:

• Access Anthony Henday in minutes for easy commuting across the city
• Reach Terwillegar Drive and Whitemud Drive with ease
• Get to Windermere Currents and other shopping hubs in…

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Welcome to Cavanagh

Living in Cavanagh: One of South Edmonton’s Fastest-Growing Communities

If you’re looking for a newer community in South Edmonton that offers modern homes, great accessibility, and strong long-term potential, Cavanagh is a neighbourhood worth exploring.

Located in Southwest Edmonton, Cavanagh is quickly gaining attention among buyers who want the convenience of city living combined with a quieter, family-friendly atmosphere.

Where is Cavanagh?

Cavanagh is ideally situated just off Calgary Trail and Anthony Henday Drive, making it one of the most accessible communities in South Edmonton.

From here, you can:

• Reach Edmonton International Airport (EIA) in approximately 15–20 minutes
• Get to South Edmonton Common in under 10 minutes
…

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How Oil Prices Can Influence Mortgage Interest Rates in Canada — and Why Buyers May Want to Lock in a Rate Now

For Canadians — especially those in Alberta — oil prices don’t just affect the cost of gas at the pump. They can also influence the broader economy, inflation, and ultimately mortgage interest rates. With oil markets experiencing ongoing volatility in 2026, many homebuyers are wondering what this means for borrowing costs.

Understanding the connection between oil prices and interest rates can help buyers make informed decisions about when to purchase and whether to lock in their mortgage rate.

Why Oil Prices Matter to Canada’s Economy

Canada is one of the world’s major energy producers, and oil remains one of the country’s largest exports. The oil and gas industry accounts for roughly 6–7% of Canada’s economy and a significant share of exports.…

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5 Easy Tips to Get Your Home Ready for Sale as the Spring Market Approaches

Spring is one of the busiest and most exciting times in the real estate market, and in Edmonton and surrounding communities, buyer activity typically picks up quickly as the weather warms. If you’re considering selling your home this spring, preparing your property ahead of time can help you attract more buyers, generate stronger offers, and potentially sell faster.

Here are five simple tips to help get your home market-ready as the spring market approaches. 

1. Declutter and Deep Clean ????

One of the most effective ways to make your home feel more spacious and inviting is to declutter. Remove excess items from countertops, shelves, and closets to help buyers visualize themselves living in the space.

Once the clutter is gone, a thorough…

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Mortgage Stress Test Changes in 2026: What Edmonton Buyers & Sellers Need to Know

As interest rates stabilize and the Bank of Canada holds steady, another important factor is quietly shaping the Alberta housing market: mortgage qualification rules.

In 2026, adjustments to Canada’s mortgage stress test and evolving lender qualification policies could significantly impact buying power — especially here in Edmonton, where affordability remains one of our strongest advantages.

If you’re buying or selling in Edmonton this year, here’s what you need to know.

What Is the Mortgage Stress Test?

Canada’s mortgage stress test requires buyers to qualify at either:

• The contract mortgage rate plus 2%, or

• A minimum qualifying rate set by regulators

Whichever is higher.

This rule was designed to ensure…

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Bank of Canada Holds Interest Rate: What It Means for Edmonton Homeowners and Buyers

Last week, the Bank of Canada has announced that it will hold the key interest rate, keeping the prime rate at 4.45%. For homeowners with variable-rate mortgages in Edmonton and surrounding areas, this means no change to mortgage payments — a welcome pause for local families and investors.

Here’s a breakdown of what the Bank’s latest announcement means for the Alberta economy, the Edmonton housing market, and your real estate decisions.

Interest Rates: Stability for Alberta Homeowners

By holding the policy rate steady, the Bank of Canada signaled that current borrowing costs remain appropriate for today's economic conditions. For Edmonton residents:

• Variable-rate mortgage payments remain unchanged

• Fixed mortgage rates are…

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Welcome to 2026: A Fresh Year, New Goals, and Trusted Edmonton Real Estate Guidance

As we step into 2026, all of us at Rachel Fung & Associates want to start by saying thank you. Whether you’ve worked with us before, followed along on our journey, or are just getting to know our team, we are incredibly grateful for the trust and support that continues to shape our Edmonton real estate business.

A new year always brings a sense of possibility. For some, 2026 may be the year you buy your first home in Edmonton. For others, it may be the right time to upsize, downsize, invest in Edmonton real estate, or sell a property that has meant so much to you. No matter the situation, we believe every real estate decision is deeply personal—and that’s where our approach begins.

At Rachel Fung & Associates, we are proud to be a…

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Edmonton Real Estate: A Look Back at 2025 and What to Expect in 2026

As we move into a new year, it’s a natural time to reflect on where the Edmonton real estate market has been—and where it may be heading. The past year brought change, opportunity, and important lessons for buyers, sellers, and investors alike. At Rachel Fung & Associates, we believe understanding the market is key to making confident decisions, so let’s take a look back at Edmonton real estate in 2025 and what we’re watching as we move into 2026.

Looking Back: The 2025 Edmonton Real Estate Market

The 2025 Edmonton housing market continued to show resilience. While market conditions varied by neighborhood and property type, one consistent theme stood out: Edmonton remained a city of opportunity.

Buyers in 2025 benefited from Edmonton’s relative…

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