The trend of high supply and low demand continued in the Edmonton area in March and brought lower prices for all types of real estate. The benchmark price for single-family homes was down 4.25% from last year, and 2.83% from five years ago, while apartment style condos were down 5.86% and 11.07% and townhouses were down 6.14% and 9.18% respectively. The pace of new listings was lower than last year for the second month in a row, which might could lead to lower inventory in the months to come, we'll see. Here's our market infographic for March, followed by every imaginable real estate chart.         Posted by Liv Real Estate on
Email Send a link to post via Email

From the charts, it looks like the worst is yet to come, unfortunately.

Posted by Tara on Wednesday, April 3rd, 2019 at 10:30pm

Can you go back 12 years ago or 144 months (peak prices) for apartments and townhouses? I think the only worse investment during that timeframe was cocoa.

Posted by Tony on Thursday, April 4th, 2019 at 12:50am

I'm hoping to see 2003-2005 prices in the next couple of years. Unlikely but close to. Don't want to jump in and buy just yet. The knife is just beginning to fall.

Posted by Homer Simpson at. on Monday, April 8th, 2019 at 7:11am

Leave A Comment

Please note that your email address is kept private upon posting.