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Market activity has been steady in spite of higher interest rates. Many buyers are looking at downsizing to lower their costs or buying affordable homes and condominiums to avoid rising rental rates.

Market activity has been steady in spite of higher interest rates. Many buyers are looking at downsizing to lower their costs or buying affordable homes and condominiums to avoid Read More...

August Housing Statistics: High Demand for More Affordable Properties

For August, detached unit sales were up 16.8% from August 2022 and decreased 5.8% from July 2023 at 1,311. Semi-detached unit sales were down 11.6% month-over-month but increased by Read More...

July Housing Statistics: Residential Property Sales See Improvement From July 2022

For July, detached unit sales were up 10.9% from July 2022 and decreased 12.7% from June 2023 at 1,391. Semi-detached unit sales were down 11.2% month-over-month but increased by Read More...

June Housing Statistics: Residential Listings and Sales Cool as Hot Summer Begins

Total residential average prices hit $412,334, a 3.1% decrease from June 2022, and a drop of 2.3% from May 2023. Detached homes averaged $500,496, noting a 1.8% year-over-year drop Read More...

Edmonton Sees Moderate Growth As Spring Market Blooms

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for April 2023 hit 2,028, decreasing 30.8% compared to April 2022 but increasing 11.1% from March Read More...

Spring Market Has Sprung As Edmonton Sees Month-Over-Month Growth

For March, detached unit sales were down 47.5% from March 2022, but saw an increase of 48.4% from February 2023 at 1076. Semi-detached unit sales were down 58.2% year-over-year Read More...

Pre-Spring market is gaining momentum with increase in units sold.

For February, detached unit sales were down 50.9% from February 2022, but saw an increase of 24.4% from January 2023 at 725. Semi-detached unit sales were down 47.7% year-over-year Read More...

Winter Buyers market can quickly turn to Sellers

For January, detached unit sales were down 32.1% from January 2022, but saw a small increase of 1.4% from December 2022 at 583. Semi-detached unit sales were down 35.9% Read More...

Ban on non-Canadians buying residential property.

As of January 1st, 2023, the new Act prohibiting non-Canadians from buying residential real estate came into effect. The Act is supposed to be active for 2 years, but Read More...

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