Single-family home sales were above normal levels in Edmonton in September, spurred on by historically low interest rates. Residential sales were up 35% in September compared to last year, in the greater Edmonton area. Benchmark prices for single-family homes and townhouses are up over 2% from pre-covid levels. I will update this post when the REALTORS® Association releases their monthly report on the real estate market.

Edmonton Stats

791 single-family homes were reported sold in Edmonton in September, up 29% from last September.       Posted by Liv Real Estate on
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Down almost 6% since 5 years ago. Not good.

Posted by GM on Friday, October 2nd, 2020 at 3:03am

GM, I think it'll get a lot worse over the next five years with massive oil and gas industry declines, the public sector shrinking substantially, and baby boomers selling their homes and moving away to either somewhere warm to to be closer to their kids. On the plus side, there will likely be some great deals soon for millennials!

Posted by Tom on Sunday, October 4th, 2020 at 2:18am

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