Steady Growth Indicates Positive Outlook for 2024 Edmonton, February 25/2024, The residential property market in the Greater Edmonton Area (GEA) witnessed robust activity in January 2024. Total unit sales soared to 1,439, marking a notable increase of 17.5% compared to December 2023 and a significant surge of 46.8% from January 2023. Meanwhile, new residential listings reached 2,195, showing a substantial uptick of 49.3% from December 2023, although slightly down by 2.3% from January... [read more]

JUNE 2023 Edmonton Housing Statistics: As the hot summer begins, the demand for residential listings and sales experiences a cooling trend.   July 10, 2023 In June 2023, the total number of residential properties sold in the Edmonton Metropolitan Region (EMR) real estate market was 2,596, representing a decrease of 2.1% compared to June 2022 and a decrease of 4.6% compared to May 2023. The number of new residential listings decreased by 14.8% compared to June 2022 and also dropped... [read more]

Housing Statistics for May: "Detached Average Price in the Edmonton Market Demonstrates Robust Year-Over-Year Growth"   June 20, 2023: In May 2023, the Greater Edmonton Area (GEA) real estate market witnessed a total of 2,719 residential unit sales. This figure represents a 6.8% decline compared to May 2022, yet it signifies a notable increase of 34.4% from April 2023. New residential listings experienced a year-over-year decrease of 17% when compared to May 2022, but... [read more]

"Despite concerns about interest rates, the shortage of inventory is driving up average sale prices."   November 3, 2023: The total number of residential units sold in the Greater Edmonton Area (GEA) real estate market for October 2023 was 1,812. This represents a 12.0% decrease compared to September 2023 but a 21.0% increase when compared to October 2022. Additionally, there were 2,753 new residential listings in October, which is 8.8% lower than in September 2023, but... [read more]

Housing Statistics for September: The autumn market brings a cooling sensation.                                                                                                                    ... [read more]