Sales of Edmonton Homes Reach Record Levels - UPDATEDPosted by Liv Real Estate on
Well, I knew the market was hot, but I didn't think we'd see sales more than double what they were last year at this time - residential sales in the Greater Edmonton area were up 109% in March. The benchmark price for single-family homes is up 5.6% year over year and 1.7% over last month. It's a solid seller's market with less than three months of supply, even with new listings up 51% over last year. Compared to other places in North America where inventory is incredibly tight, the good news is that we actually have new inventory coming on the market.
City of Edmonton Stats1102 single-family homes were reported sold in Edmonton in March, up 105% from last year. Granted, last March was not a good year for sales, so if you compare this…
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