Edmonton Housing Market: Momentum Carries Into Fall
Posted by Liv Real Estate on
Edmonton’s housing market entered fall with solid momentum. September sales totalled 2,191, down 3% from last year but still well above seasonal norms. With 3.23 months of supply, conditions continue to favour sellers, extending a two-year trend of tight inventory and steady price growth.
Prices continue to rise. The single-family benchmark rose 8% year-over-year to $513,900, while townhouses increased 6% to $284,300. Apartment-style condos edged up 1% to $199,100. Detached homes continue to lead the market, supported by slightly increased supply and sustained demand.
On the supply side, conditions are improving. New listings increased 13% from August, and overall inventory climbed 24%, marking a gradual return toward balanced market levels. These…
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