For Renters Resources for Renters Because the rental market in Yellowknife is so tight right now, we receive requests for help finding rental units almost daily. Unfortunately, because we don’t deal in residential rentals, the best we can do is compile renter resources in one place. And the best advice that we can give renters is to get your name […]
Neighbourhoods Neighbourhood Profiles: Old Town and Latham Island Old Town is Known For: its history, tourist attractions and events, cool and quirky houses (including houseboats), lots of exposed bedrock and waterfront, close-knit community vibe. History Old Town was the site of Yellowknife’s original downtown, established in the late 1930s.  Although gold had been discovered nearby years earlier (during the Klondike Gold Rush in […]
4 Unique Considerations When Buying a Home in the North In most respects, buying a home in Yellowknife is similar to buying one anywhere else in Canada.  But in four important ways, it is very different. 1. The Importance of Sunlight  Everyone who is planning a move to the North knows that we have little sunlight in winter and tons of it in summer, but […]
Considering a Career The Top Ten Reasons I Love My Job People often ask me about the pros and cons of working as a Realtor.  While I’ve read dozens of books and articles on the subject, I’ve never found a summary as succinct and spot-on as this 2013 article by Amy Curtis: “The Top Ten Reasons I Love My Job.” The holiday season is a time […]
For Renters Yellowknife Rental Market Update, December 2022 For anyone thinking of moving to Yellowknife in 2023, understanding what’s going on in our local rental market is pretty important.  There is no one source for this information that is perfect, but CMHC’s annual Northern Housing Report is the most important piece of the puzzle.  CBC North reported on the new 2022 edition this […]
Fall 2022 Yellowknife Real Estate Market Update I was recently interviewed by journalist Jonathan Gardiner at NNSL regarding the state of the Yellowknife Real Estate Market.  Here are my answers in full.  Please note, the stats I reference are from August 1 to Nov 23. 1) What is the state of the housing market right now in Yellowknife? The Yellowknife market has […]
Education and Advocacy Yukon Realtors Finally Adopt Buyer Agency…Sort of A couple of weeks ago I received a very interesting phone call from one of the associate producers of Yukon Morning, CBC Radio Yukon’s morning show.  She was hoping to interview me about a big change recently announced by the Yukon Real Estate Association.  On August 23rd they issued a press release announcing they were […]
Sales Down, Inventory Up in July 2022 After a crazy couple of years for the Yellowknife real estate market, it look increasingly like we are getting back to the old normal.  In July we had a mere 23 MLS sales transactions, a 49% reduction from July of 2021.   And although 46 listings does not seem like a ton of options for eager […]
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A Look Back at the First Half of 2022 With the first half of 2022 now behind us, it’s time for our annual Century 21 Prospect Realty mid-year review! The 2022 Yellowknife real estate market has been very busy so far. Although this year’s 169 MLS sales represents a 12% drop from the first half of 2021, it was well above the five-year moving […]
Life in the "Knife" 4th annual C21 Prospect Realty Charity Golf Tournament – Our Best to Date! Every year our Century 21 Prospect Realty team looks forward to our annual charity golf tournament. This year’s event was held on Friday, June 11th, and it turned out to be our best tournament to date.  The weather was outstanding, and the generosity of our amazing sponsors was on full display.  Together we raised $40,000 […]
Protect Your Investment 4 Things Yellowknife Homeowners Forget to Do Prior to Selling Whether a market is hot or cold, and whether a home is big or small, there are certain things that make a home easier to sell.  There are of course obvious things, such as renovations, but it’s the not-so-obvious things that are the focus of this article.  Here are four things that would help any […]
Is the Tide Turning for the Yellowknife Real Estate Market? It has been a long while since we’ve seen month-end inventory higher than it was a year ago, but that’s exactly what we experienced at the end of May.  A difference of two listings may not seem like a lot (35 listings on the market at the end of May 2022 vs. 33 in May […]
Market Review: April 2022 April is in the books and although we finally saw some signs of life on the supply side, with 50 new listings coming to market, demand remains very high and those listings aren’t lasting very long – only 21 days on average.  By month end we had only 24 homes remaining on the market, which […]
It’s Official: Dodgeball is a Hit! What an epic weekend!! On Saturday at the Multiplex our amazing HHT Concierge, Kelly Vos, organized and hosted our first annual military appreciation dodgeball tournament.  Our goal was to show our appreciation for everything the Canadian Armed Forces does for our community and our country, and also to provide a fun-filled afternoon and a shot […]
Education and Advocacy Know Your Rights as a Yellowknife Home Buyer or Seller On January 1, 2022, the Northwest Territories Association of REALTORS® mandated the use, by all of its Realtor members, of a series of forms intended to protect buyers and sellers from costly misunderstanding about their rights.  The main purpose of the forms is to help real estate clients and customers understand whether or not they […]
Market Analysis Market Review: March 2022 Another month of 2022 is in the books and Yellowknife’s real estate market is struggling to get out of the gates.  The demand is there, buyers are eager to find homes, but the volume of new listings is very low compared to last year.  There may be a COVID-19 explanation for this.  Last year, relatively […]
Life in the "Knife" A Look Back at Our 2021 Charity Golf Tournament CENTURY 21 PROSPECT REALTY IS PLEASED TO BE ABLE TO GIVE BACK! Today is St. Patrick’s Day, which means different things to different people.  For us here at Century 21 Prospect Realty, it’s the day of the year when we hold our first organizing meeting for our annual charity golf tournament. This tournament has become […]
Life in the "Knife" The 8 Most Surprising Things About Yellowknife Many people who are thinking of moving to Yellowknife have never contemplated a move this far north.  For them, “Life in the Knife” is a bit mysterious.  When they arrive they are often surprised at what they find.  Here is our list of the top eight most surprising things about Yellowknife. #1 – It is […]
Moving to Yellowknife? Get to Know Our Neighbourhoods At Century 21 Prospect Realty, we spend a lot of time thinking about ways to improve the home buying process for newcomers to our city.  Many of our clients are sent here by their employers for very brief house-hunting trips with the expectation that, within a few short days, they will familiarize themselves with their […]
Market Analysis Market Review: February 2022 February 2022 is in the books and the number of transactions and new listings is very typical for this time of year.  If there is a surprise in this month’s market review, it is that more people have not taken advantage of rock-bottom inventory levels and listed their homes for sale. To give our readers […]