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]

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]

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]

July 2023 Edmonton Housing Statistics:  Residential Property Sales Show Improvement Compared to July 2022. In July 2023, the Greater Edmonton Area (GEA) real estate market witnessed a total of 2,323 residential unit sales, marking a 14.9% increase compared to July 2022 but a 10.4% drop from June 2023. The number of new residential listings decreased by 7.7% year-over-year from July 2022 and also saw a 9.2 decline from June 2023. Furthermore, the overall inventory in the GEA decreased by... [read more]