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...
Market News
Edmonton Market Sees Strong Sales Activity
Real estate market activity in Edmonton is gaining momentum, as buyers from other provinces take advantage of lower prices and seek return on investment properties. 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...
Market activity slows down in December as interest rates rise.
New residential listings were down 12.9% year-over-year from December 2021. New residential listings were also down month-over-month, decreasing 38.8% from November 2022. Overall inventory in the GEA was up Read More...
Stability on the horizon as Supply matches demand.
November 2022: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for November decreased by 14.8% compared to October 2022 and saw a year-over-year decrease Read More...
Residential Listings See Large Decrease for October
Market pricing remains stable as listing inventory decreases due to seasonal activity. Read More...
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