Rising Supply Eases Pressure on Edmonton Housing Market
Posted by Liv Real Estate on
March data points to a market that is rebalancing after several years of tight conditions, with supply expanding faster than demand.
Residential sales totaled 2,133 units in March, down approximately 14% year-over-year, despite a seasonal lift from February. New listings rose slightly by 1% year-over-year to 3,810. The most significant change is in supply: active inventory increased to 6,210 units, up 28% from last year. As a result, months of inventory reached 2.9, compared to about 2 months a year ago, reducing pressure on buyers. Days on market increased to 61, reflecting less urgency than in 2025.
Prices are showing mild downward pressure. The benchmark price for single-family homes is $521,400, down about 1.3% year-over-year, though still up…
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