December Housing Statistics: "That Residential Unit Sales and Listings Have Experienced a Slowdown inactivity." Edmonton January 09/2023,  There was an overall decrease of 26.1% in total residential unit sales within the Greater Edmonton Area real estate market from December 2021 to December 2022, and a 22.1% drop when comparing November 2022 with December 2022. Last December experienced a drastic 12.9% year-over-year decrease in new residential listings, with an even... [read more]

January Housing Market Stats: As YEG moves into 2023,  the housing market appears to be steadily transitioning despite challenging times Edmonton, February 11, 2023:  The (GEA) real estate market experienced a dramatic decline in total residential unit sales of 25.8% compared to the same period last year and only 0.2% from December 2022. On the other hand, new listings for residential properties saw an increase of 8.5% year-over-year and 94.8... [read more]

February Housing Market Stats: Edmonton's Housing Market Surges with Month-Over-Month Increases in Sales. March 04, 2023 In February 2023, the number of homes sold in the Greater Edmonton Area was less than it was in February 2022. It was 43.4% lower. But from January 2023 to February 2023, there were more homes sold - 31.2% more. The number of new listings for homes was lower than last year too, but 15.1% higher than in January 2023. There are also more houses for sale now... [read more]

BY 2025, 1.45 MILLION PEOPLE WILL WANT TO BUY HOMES IN CANADA. WHERE WILL ALL THESE NEW HOMEBUYERS LIVE? Guido K / March 17,2023   The latest report from Statistics Canada has exposed a difficult and inescapable truth—in order to have both cheaper housing costs and greater immigration, there needs to be considerable reform. Sadly, we cannot expect the two at once without this action. In order to welcome our influx of new residents, particularly in Vancouver and... [read more]

April Housing Statistics: Edmonton's spring season is going up.  Edmonton, May 02, 2023 In April 2023, there were 2,028 homes sold in the Greater Edmonton Area. This was less than last April (30.8% less) but more than March (11.1% more). People put 6% more homes on the market compared to March, but 26% fewer compared to last April. There were also more houses available to buy (7.4% more compared to last year and 9.3% more compared to this March). In April, detached... [read more]