According to a report released earlier this week, Alberta saw the largest net gain in population in the second quarter of 2022 since 2014, and it was the fourth quarter in a row with positive net migration. The majority of newcomers came from Ontario - over 6,200 more people moved to Alberta from Ontario than the other way around in the second quarter. Many of our clients moving from Ontario said housing costs were a big part of their decision to move to Alberta this year, some could work remotely, but most were excited about new opportunities in Alberta. 

Demand for more affordably priced homes was up in Edmonton and Calgary. Liv Real Estate agent Nathan Mol pointed out in the Edmonton Journal: 

"The local market is short on supply for affordably…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 514 (563, 633, 611)
Sales: 278 (287, 317, 238)
Ratio: 54% (51%, 50%, 39%)
Price Changes: 479 (513, 559, 514)
Expired/Off-Market Listings: 287 (334, 344, 313)
Net loss/gain in listings this week: -51 (-58, -28, 60)
Active single-family home listings: 3693 (3708, 3668, 3620)
Active condo listings: 2287 (2285, 2284, 2297)
Homes 4-week running average: $457 ($461, $468, $460)
Condos 4-week running average: $215 ($214, $215, $218)

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 563 (633, 611, 495)
Sales: 287 (317, 238, 308)
Ratio: 51% (50%, 39%, 62%)
Price Changes: 513 (559, 514, 514)
Expired/Off-Market Listings: 334 (344, 313, 632)
Net loss/gain in listings this week: -58 (-28, 60, -445)
Active single-family home listings: 3708 (3668, 3620, 3554)
Active condo listings: 2285 (2284, 2297, 2281)
Homes 4-week running average: $461 ($468, $460, $463)
Condos 4-week running average: $214 ($215, $218, $215)


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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 633 (611, 495, 560)
Sales: 317 (238, 308, 284)
Ratio: 50% (39%, 62%, 51%)
Price Changes: 559 (514, 514, 456)
Expired/Off-Market Listings: 344 (313, 632, 251)
Net loss/gain in listings this week: -28 (60, -445, 25)
Active single-family home listings: 3668 (3620, 3554, 3823)
Active condo listings: 2284 (2297, 2281, 2441)
Homes 4-week running average: $468 ($460, $463, $463)
Condos 4-week running average: $215 ($218, $215, $215)

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 611 (495, 560, 572)
Sales: 238 (308, 284, 284)
Ratio: 39% (62%, 51%, 50%)
Price Changes: 514 (514, 456, 461)
Expired/Off-Market Listings: 313 (632, 251, 274)
Net loss/gain in listings this week: 60 (-445, 25, 14)
Active single-family home listings: 3620 (3554, 3823, 3769)
Active condo listings: 2297 (2281, 2441, 2442)
Homes 4-week running average: $460 ($463, $463, $470)
Condos 4-week running average: $218 ($215, $215, $212)


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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 495 (560, 572, 645)
Sales: 308 (284, 284, 292)
Ratio: 62% (51%, 50%, 45%)
Price Changes: 514 (456, 461, 566)
Expired/Off-Market Listings: 632 (251, 274, 296)
Net loss/gain in listings this week: -445 (25, 14, 57)
Active single-family home listings: 3554 (3823, 3769, 3717)
Active condo listings: 2281 (2441, 2442, 2444)
Homes 4-week running average: $463 ($463, $470, $480)
Condos 4-week running average: $215 ($215, $212, $219)


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Sales have cooled even further through August in the Edmonton area; single-family sales were down 7% from last August and 12% from last month. The average price of single-family homes increased 2% from last year, and the median price was up 5.6% to $420,500.  I'll update this post later this week when the REALTORS® Association of Edmonton releases their monthly report on the housing market. Benchmark prices continue to rise, up 4% overall from August last year, while home sales continue to decline. Active listings are still up over this time last year, and while we are seeing a slight decline in new listings coming onto the market, the larger decline in sales is keeping the months of inventory in a balanced market. The Bank of Canada has increased rates…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 560 (572, 645, 617)
Sales: 284 (284, 292, 293)
Ratio: 51% (50%, 45%, 47%)
Price Changes: 456 (461, 566, 505)
Expired/Off-Market Listings: 251 (274, 296, 542)
Net loss/gain in listings this week: 25 (14, 57, -218)
Active single-family home listings: 3823 (3769, 3717, 3642)
Active condo listings: 2441 (2442, 2444, 2417)
Homes 4-week running average: $463 ($470, $480, $485)
Condos 4-week running average: $215 ($212, $219, $223)

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 572 (645, 617, 572)
Sales: 284 (292, 293, 333)
Ratio: 50% (45%, 47%, 58%)
Price Changes: 461 (566, 505, 569)
Expired/Off-Market Listings: 274 (296, 542, 244)
Net loss/gain in listings this week: 14 (57, -218, -5)
Active single-family home listings: 3769 (3717, 3642, 3687)
Active condo listings: 2442 (2444, 2417, 2536)
Homes 4-week running average: $470 ($480, $485, $486)
Condos 4-week running average: $212 ($219, $223, $224)

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 645 (617, 572, 638)
Sales: 292 (293, 333, 372)
Ratio: 45% (47%, 58%, 58%)
Price Changes: 566 (505, 569, 571)
Expired/Off-Market Listings: 296 (542, 244, 239)
Net loss/gain in listings this week: 57 (-218, -5, 27)
Active single-family home listings: 3717 (3642, 3687, 3636)
Active condo listings: 2444 (2417, 2536, 2533)
Homes 4-week running average: $480 ($485, $486, $485)
Condos 4-week running average: $219 ($223, $224, $227)

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